Crescent Point Stock Target Price and Analyst Consensus

CPG Stock  USD 8.06  0.12  1.51%   
The current analyst and expert consensus on Crescent Point is Strong Buy with 7 buy recommendations. The current projected Crescent Point target price consensus is 10.73, with 14 analyst opinions. The most common way Crescent Point Energy analysts use to provide public buy-or-sell recommendation is financial statements analysis. They also talk to Crescent Point executives, vendors, and/or customers. Crescent Point buy-or-sell recommendation module provides average expert sentiment on the projected Crescent Point Energy target price to derive its highest and lowest estimates based on target price estimated volatility of 0.0. Check out Macroaxis Advice on Crescent Point to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
Lowest Forecast
9.76
Highest Forecast
11.91
Target Price
10.73
At this time, Crescent Point's Operating Profit Margin is most likely to increase slightly in the upcoming years. The Crescent Point's current Net Profit Margin is estimated to increase to 0.19, while Gross Profit Margin is projected to decrease to 0.35. At this time, Crescent Point's Cash is most likely to increase significantly in the upcoming years. The Crescent Point's current Cash And Short Term Investments is estimated to increase to about 28 M, while Other Current Liabilities is projected to decrease to roughly 118.9 M.
  
It's important to approach Crescent Point's target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.

Crescent Point Target Price Consensus

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Crescent target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. Crescent Point's target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
   14  Strong Buy
Most Crescent analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand Crescent stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of Crescent Point Energy, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice   Exposure   Valuation

Crescent Point Target Price Projection

Crescent Point's current and average target prices are 8.06 and 10.73, respectively. The current price of Crescent Point is the price at which Crescent Point Energy is currently trading. On the other hand, Crescent Point's target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.

Current Price

Crescent Point Market Quote on 28th of March 2024

Low Price7.75Odds
High Price8.07Odds

8.06

Target Price

Analyst Consensus On Crescent Point Target Price

Low Estimate9.76Odds
High Estimate11.91Odds

10.73

Historical Lowest Forecast  9.76 Target Price  10.73 Highest Forecast  11.91
Note that most analysts generally publish their price targets in research reports on specific companies, along with recommendations for the company's stock.Although price targets are often quoted in the financial news media, there could be a delay between the publication of the latest analyst outlook on Crescent Point Energy and the information provided on this page.

Crescent Point Analyst Ratings

Crescent Point's analyst stock recommendations are determined by taking an average estimate of all analysts we track and classifying them as Strong Buy, Buy, Hold, Strong Sell, or Sell. Ratings generally communicate what analysts sense about Crescent Point stock, and they use a lot of effort and time to analyze it and arrive at a rating. That suggests that analyst recommendations are the outcome of an objective and thorough examination of Crescent Point's financials, market performance, and future outlook by experienced professionals. Crescent Point's historical ratings below, therefore, can serve as a valuable tool for investors.

Analyst Consensus Breakdown

Average Consensus Estimates

Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.

Steps to utilize Crescent Point price targets

Crescent Point's stock target price is an estimate of its future price, usually made by analysts. Using Crescent Point's target price to determine if it is a suitable investment can be done through the following steps:
  • Look at Crescent Point's target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
  • Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
  • Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
  • Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if Crescent Point's stock is likely to perform well.
  • Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Remember that stock target prices are just estimates and are subject to change. Therefore, using them as one factor in a larger investment strategy is essential rather than relying solely on them to make decisions.

Additional Crescent Point Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of Crescent Point is a key component of Crescent Point valuation and have some predictive power on the future returns of a Crescent Point.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Crescent Point's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
6.458.099.73
Details
Intrinsic
Valuation
LowRealHigh
7.519.1510.79
Details
Naive
Forecast
LowNextHigh
6.357.999.63
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.200.350.58
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Crescent Point. Your research has to be compared to or analyzed against Crescent Point's peers to derive any actionable benefits. When done correctly, Crescent Point's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Crescent Point Energy.

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When determining whether Crescent Point Energy is a strong investment it is important to analyze Crescent Point's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Crescent Point's future performance. For an informed investment choice regarding Crescent Stock, refer to the following important reports:
Check out Macroaxis Advice on Crescent Point to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.

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When running Crescent Point's price analysis, check to measure Crescent Point's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Crescent Point is operating at the current time. Most of Crescent Point's value examination focuses on studying past and present price action to predict the probability of Crescent Point's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Crescent Point's price. Additionally, you may evaluate how the addition of Crescent Point to your portfolios can decrease your overall portfolio volatility.
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The data published in Crescent Point's official financial statements usually reflect Crescent Point's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Crescent Point Energy. For example, before you start analyzing numbers published by Crescent accountants, it's critical to develop an understanding of what Crescent Point's liquidity, profitability, and earnings quality are in the context of the Oil, Gas & Consumable Fuels space in which it operates.
Please note, the presentation of Crescent Point's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Crescent Point's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Crescent Point's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Crescent Point Energy. Please utilize our Beneish M Score to check the likelihood of Crescent Point's management manipulating its earnings.