Price Target Analysis: California Resources Corporation(NYSE:CRC): Alphabet Inc.(NASDAQ:GOOGL)

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California Resources Corporation (CRC) will report its next earnings on Nov 01 AMC. The company reported the earnings of $0.81/Share in the last quarter where the estimated EPS by analysts was $0.36/share. The difference between the expected and actual EPS was $0.45/share, which represents an Earnings surprise of 125%.

Many analysts are providing their Estimated Earnings analysis for California Resources Corporation and for the current quarter 6 analysts have projected that the stock could give an Average Earnings estimate of $0.28/share. These analysts have also projected a Low Estimate of $-0.27/share and a High Estimate of $1.39/share.

In case of Revenue Estimates, 5 analysts have provided their consensus Average Revenue Estimates for California Resources Corporation as 665.43 Million. According to these analysts, the Low Revenue Estimate for California Resources Corporation is 620.58 Million and the High Revenue Estimate is 713 Million. The company had Year Ago Sales of 455 Million.

These analysts also forecasted Growth Estimates for the Current Quarter for CRC to be 306.1%. They are projecting Next Quarter growth of 566.67%. For the next 5 years, California Resources Corporation is expecting Growth of 721.84% per annum, whereas in the past 5 years the growth was 123.41% per annum.

Some buy side analysts are also providing their Analysis on California Resources Corporation, where 2 analysts have rated the stock as Strong buy, 0 analysts have given a Buy signal, 1 said it’s a HOLD, and 0 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 California Resources Corporation might touch $70 high while the Average Price Target and Low price Target is $47.38 and $25 respectively.

California Resources Corporation closed its last trading session at $28.52 with the gain of 2.88%. The Market Capitalization of the company stands at 1.49 Billion. The Company has 52-week high of $50.34 and 52-week low of $13.26. The stock’s current distance from 20-Day Simple Moving Average (SMA20) is -13.38% where SMA50 and SMA200 are -24.36% and -6.53% respectively. The Company Touched its 52-Week High on 10/03/18 and 52-Week Low on 03/01/18.

The Relative Volume of the company is 1.23 and Average Volume (3 months) is 1.76 million. The company’s P/E (price to earnings) ratio is 0 and Forward P/E ratio of 7.75.

The company shows its Return on Assets (ROA) value of -2.3%. The Return on Equity (ROE) value stands at 20.2%. While it’s Return on Investment (ROI) value is 1.5%.

While looking at the Stock’s Performance, California Resources Corporation currently shows a Weekly Performance of -6.38%, where Monthly Performance is -33.9%, Quarterly performance is -14.11%, 6 Months performance is -11.25% and yearly performance percentage is 82.92%. Year to Date performance value (YTD perf) value is 50.93%. The Stock currently has a Weekly Volatility of 10.16% and Monthly Volatility of 7.92%.

Alphabet Inc. (GOOGL) will report its next earnings on Oct 25 AMC. The company reported the earnings of $13.06/Share in the last quarter where the estimated EPS by analysts was $10.42/share. The difference between the expected and actual EPS was $2.64/share, which represents an Earnings surprise of 25.3%.

Many analysts are providing their Estimated Earnings analysis for Alphabet Inc. and for the current quarter 34 analysts have projected that the stock could give an Average Earnings estimate of $10.86/share. These analysts have also projected a Low Estimate of $9.6/share and a High Estimate of $12.15/share.

In case of Revenue Estimates, 31 analysts have provided their consensus Average Revenue Estimates for Alphabet Inc. as 38.97 Billion. According to these analysts, the Low Revenue Estimate for Alphabet Inc. is 38.03 Billion and the High Revenue Estimate is 39.56 Billion. The company had Year Ago Sales of 32.32 Billion.

These analysts also forecasted Growth Estimates for the Current Quarter for GOOGL to be 15.2%. They are projecting Next Quarter growth of 6.95%. For the next 5 years, Alphabet Inc. is expecting Growth of 12.12% per annum, whereas in the past 5 years the growth was 31.73% per annum.

Some buy side analysts are also providing their Analysis on Alphabet Inc., where 10 analysts have rated the stock as Strong buy, 1 analysts have given a Buy signal, 2 said it’s a HOLD, and 0 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 Alphabet Inc. might touch $1657.6 high while the Average Price Target and Low price Target is $1363.32 and $1010 respectively.

Alphabet Inc. closed its last trading session at $1069.57 with the gain of 3.62%. The Market Capitalization of the company stands at 775.39 Billion. The Company has 52-week high of $1291.44 and 52-week low of $984.00. The stock’s current distance from 20-Day Simple Moving Average (SMA20) is 1.68% where SMA50 and SMA200 are -3.77% and -2.26% respectively. The Company Touched its 52-Week High on 07/27/18 and 52-Week Low on 03/28/18.

The Relative Volume of the company is 1.09 and Average Volume (3 months) is 1.98 million. The company’s P/E (price to earnings) ratio is 27.77 and Forward P/E ratio of 23.6.

The company shows its Return on Assets (ROA) value of 9%. The Return on Equity (ROE) value stands at 11.6%. While it’s Return on Investment (ROI) value is 13.7%.

While looking at the Stock’s Performance, Alphabet Inc. currently shows a Weekly Performance of 1.62%, where Monthly Performance is -3.22%, Quarterly performance is -12.35%, 6 Months performance is 0.25% and yearly performance percentage is 5.31%. Year to Date performance value (YTD perf) value is 5.21%. The Stock currently has a Weekly Volatility of 2.78% and Monthly Volatility of 3.73%.

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