Roth Capital Has Optimistic Outlook of CRK FY2025 Earnings

Comstock Resources, Inc. (NYSE:CRK) – Research analysts at Roth Capital boosted their FY2025 earnings per share estimates for shares of Comstock Resources in a report released on Tuesday, October 14th. Roth Capital analyst L. Mariani now expects that the oil and gas producer will earn $0.37 per share for the year, up from their previous forecast of $0.35. Roth Capital currently has a “Sell” rating and a $12.00 price target on the stock. The consensus estimate for Comstock Resources’ current full-year earnings is $0.54 per share. Roth Capital also issued estimates for Comstock Resources’ Q4 2025 earnings at $0.06 EPS, Q1 2026 earnings at $0.10 EPS, Q2 2026 earnings at $0.03 EPS, Q3 2026 earnings at $0.06 EPS, Q4 2026 earnings at $0.10 EPS and FY2026 earnings at $0.29 EPS.

Several other research analysts have also issued reports on the company. UBS Group cut their price target on Comstock Resources from $18.00 to $14.00 and set a “sell” rating on the stock in a report on Wednesday, August 20th. Morgan Stanley cut their price target on Comstock Resources from $21.00 to $19.00 and set an “equal weight” rating on the stock in a report on Monday, August 4th. Weiss Ratings reiterated a “sell (d+)” rating on shares of Comstock Resources in a report on Wednesday, October 8th. Mizuho set a $21.00 price target on Comstock Resources and gave the stock a “neutral” rating in a report on Thursday. Finally, Piper Sandler cut their price target on Comstock Resources from $12.00 to $10.00 and set an “underweight” rating on the stock in a report on Monday, August 4th. Two investment analysts have rated the stock with a Buy rating, four have given a Hold rating and five have given a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Reduce” and an average price target of $19.60.

Comstock Resources Stock Down 4.2%

Shares of NYSE:CRK opened at $16.99 on Friday. The business’s 50 day simple moving average is $17.43 and its two-hundred day simple moving average is $20.58. The firm has a market cap of $4.98 billion, a P/E ratio of -70.77 and a beta of 0.19. The company has a debt-to-equity ratio of 1.24, a quick ratio of 0.36 and a current ratio of 0.36. Comstock Resources has a 52-week low of $11.05 and a 52-week high of $31.17.

Comstock Resources (NYSE:CRK) last announced its earnings results on Wednesday, July 30th. The oil and gas producer reported $0.13 EPS for the quarter, beating the consensus estimate of $0.09 by $0.04. The company had revenue of $470.26 million for the quarter, compared to analyst estimates of $431.82 million. Comstock Resources had a positive return on equity of 3.65% and a negative net margin of 5.05%.The firm’s revenue for the quarter was up 90.5% compared to the same quarter last year. During the same quarter in the prior year, the company earned ($0.20) EPS.

Institutional Trading of Comstock Resources

Institutional investors and hedge funds have recently modified their holdings of the stock. Legacy Investment Solutions LLC purchased a new stake in shares of Comstock Resources in the second quarter worth approximately $29,000. Atlantic Union Bankshares Corp purchased a new stake in shares of Comstock Resources in the second quarter worth approximately $34,000. Nisa Investment Advisors LLC raised its stake in shares of Comstock Resources by 129.3% in the first quarter. Nisa Investment Advisors LLC now owns 2,075 shares of the oil and gas producer’s stock worth $42,000 after purchasing an additional 1,170 shares during the last quarter. Emerald Mutual Fund Advisers Trust purchased a new stake in shares of Comstock Resources during the first quarter valued at approximately $52,000. Finally, Caitong International Asset Management Co. Ltd purchased a new stake in shares of Comstock Resources during the second quarter valued at approximately $69,000. 36.13% of the stock is owned by hedge funds and other institutional investors.

Comstock Resources Company Profile

Comstock Resources, Inc, an independent energy company, engages in the acquisition, exploration, development, and production of natural gas and oil properties in the United States. Its assets are located in the Haynesville and Bossier shales located in North Louisiana and East Texas. The company was incorporated in 1919 and is headquartered in Frisco, Texas.