Price Target Analysis Continental Resources, Inc. (CLR)


Continental Resources, Inc. (CLR) will report its next earnings on Feb 06 AMC. The company reported the earnings of $0.09/Share in the last quarter where the estimated EPS by analysts was $0.05/share. The difference between the expected and actual EPS was $0.04/share, which represents an Earnings surprise of 80%.

Many analysts are providing their Estimated Earnings analysis for Continental Resources, Inc. and for the current quarter 30 analysts have projected that the stock could give an Average Earnings estimate of $0.25/share. These analysts have also projected a Low Estimate of $0.04/share and a High Estimate of $0.42/share.

In case of Revenue Estimates, 25 analysts have provided their consensus Average Revenue Estimates for Continental Resources, Inc. as 915.27 Million. According to these analysts, the Low Revenue Estimate for Continental Resources, Inc. is 792.26 Million and the High Revenue Estimate is 1.07 Billion. The company had Year Ago Sales of 549.69 Million.

These analysts also forecasted Growth Estimates for the Current Quarter for CLR to be 457.1%. They are projecting Next Quarter growth of 1200%. For the next 5 years, Continental Resources, Inc. is expecting Growth of 0.6% per annum, whereas in the past 5 years the growth was -43.18% per annum.

Some buy side analysts are also providing their Analysis on Continental Resources, Inc., where 2 analysts have rated the stock as Strong buy, 0 analysts have given a Buy signal, 2 said it’s a HOLD, and 1 analysts rated the stock as Sell. (These Recommendations are for the Current Month Only reported by Yahoo Finance.)

When it comes to the Analysis of a Stock, Price Target plays a vital role. Analysts reported that the Price Target for Continental Resources, Inc. might touch $70 high while the Average Price Target and Low price Target is $51.3 and $23 respectively.

The Relative Volume of the company is 0.71 and Average Volume (3 months) is 2.27 million.

The company shows its Return on Assets (ROA) value of -0.2%. The Return on Equity (ROE) value stands at -0.6%. While it’s Return on Investment (ROI) value is -0.7%.

While looking at the Stock’s Performance, Continental Resources, Inc. currently shows a Weekly Performance of 6.67%, where Monthly Performance is 16.13%, Quarterly performance is 36.22%, 6 Months performance is 66.52% and yearly performance percentage is 2.32%. Year to Date performance value (YTD perf) value is 2.68%. The Stock currently has a Weekly Volatility of 2.57% and Monthly Volatility of 2.34%.