Comstock Resources, Inc. (NYSE:CRK) registered a -4.06% decrease, still its new closing price is 375.00% up from the company’s 1 year high of 13.42.It posted 27.05% gains in previous 5 sessions and is now the subject of 5 analysts who together assign a hold rating on stock. 2 of Wall Street analysts have an underperform rating; the 0 sells versus 1 buy or better ratings. The 9 stock analysts following this company have an average price target at $10.19, with individual PT in the $3.50-$17.00 range. The shares moved at $12.54, implying that brokerage firms see shares gaining about 43.31% in twelve months time.
Comstock Resources, Inc. (CRK) SEC Form 4 News
The stock is getting much attention these days as insiders are offloading shares while they posted a 27.31% rise year to date. A Chairman & CEO at Comstock Resources, Inc. (CRK) offloaded shares in a transaction closed on Tuesday December 27, 2016. ALLISON M JAY sold 8,000 shares in the company at $10.12 each and collected $80,001 in proceeds. ALLISON M JAY now owns 386,419 shares in the company after this transaction. A Chairman & CEO in the company, ALLISON M JAY, disclosed a transaction on Tuesday December 27, 2016 that ended up generating $80,001 from the sale of 8,000 shares at $10.12 per share.
Comstock Resources, Inc. (NYSE:CRK) Upcoming Results on Tap
Comstock Resources, Inc. will next provide financial results for the March 2017 quarter. Stock analysts expect it to report per-share earnings of $-1.83 in that period. Sales during the quarter are predicted to arrive at $59.75 million.
Earnings surprise history: Last quarter, the company posted approximately $50.33 million in revenue and EPS of $-3.27. The mean forecast was for $46.57 million and $-2.66 a share, respectively. One quarter earlier, revenue for the stock was at $40.72 million, with earnings at $-4.05/share.
Comstock Resources, Inc. (CRK) Brokerage Update
Comstock Resources, Inc. (CRK) is in Robert W. Baird’s research list so their analyst rating change is noteworthy. These shares were upgraded to Outperform from Neutral by Robert W. Baird, according to news reported on Friday January 27, 2017.Another important research note was issued by Imperial Capital on Thursday March 03, 2016.The firm downgraded CRK to In-line from Outperform. Over the last six months and over the last three months, the shares of Comstock Resources, Inc. (CRK), have changed 205.85% and 26.92%, respectively.