Comstock Resources Inc (NYSE:CRK) – Seaport Global Securities boosted their FY2018 EPS estimates for shares of Comstock Resources in a research note issued to investors on Monday, December 10th. Seaport Global Securities analyst M. Kelly now forecasts that the oil and gas producer will earn $0.24 per share for the year, up from their previous estimate of $0.04. Seaport Global Securities also issued estimates for Comstock Resources’ Q1 2019 earnings at $0.42 EPS, Q2 2019 earnings at $0.13 EPS, Q3 2019 earnings at $0.15 EPS, Q4 2019 earnings at $0.17 EPS and FY2019 earnings at $0.88 EPS.
Shares of Comstock Resources stock opened at $6.84 on Wednesday. Comstock Resources has a 1-year low of $4.51 and a 1-year high of $12.32. The company has a quick ratio of 0.73, a current ratio of 0.73 and a debt-to-equity ratio of 2.38. The company has a market cap of $813.09 million, a PE ratio of -1.75 and a beta of 0.04.
Large investors have recently modified their holdings of the stock. Penn Capital Management Co. Inc. bought a new position in Comstock Resources in the 3rd quarter valued at approximately $128,000. Zacks Investment Management bought a new position in Comstock Resources in the 2nd quarter valued at approximately $144,000. Engineers Gate Manager LP bought a new position in Comstock Resources in the 2nd quarter valued at approximately $168,000. GSA Capital Partners LLP bought a new position in Comstock Resources in the 2nd quarter valued at approximately $184,000. Finally, HRT Financial LLC bought a new position in Comstock Resources in the 3rd quarter valued at approximately $220,000. 5.97% of the stock is owned by institutional investors and hedge funds.
Comstock Resources Company Profile
Comstock Resources, Inc, an independent energy company, engages in the acquisition, exploration, and development of oil and gas resources primarily in Texas and Louisiana. The company is headquartered in Frisco, Texas.
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