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Crescent Energy Company (CRGY) Hits Fresh High: Is There Still Room to Run?
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A strong stock as of late has been Crescent Energy (CRGY - Free Report) . Shares have been marching higher, with the stock up 1.6% over the past month. The stock hit a new 52-week high of $14.29 in the previous session. Crescent Energy has gained 65.9% since the start of the year compared to the 33% move for the Zacks Oils-Energy sector and the 25.8% return for the Zacks Alternative Energy - Other industry.
What's Driving the Outperformance?
The stock has an impressive record of positive earnings surprises, as it hasn't missed our earnings consensus estimate in any of the last four quarters. In its last earnings report on May 4, 2026, Crescent Energy reported EPS of $0.53 versus consensus estimate of $0.39.
For the current fiscal year, Crescent Energy is expected to post earnings of $2.15 per share on $4.92 in revenues. This represents a 20% change in EPS on a 37.53% change in revenues. For the next fiscal year, the company is expected to earn $2.36 per share on $4.77 in revenues. This represents a year-over-year change of 9.49% and -3.08%, respectively.
Valuation Metrics
Crescent Energy may be at a 52-week high right now, but what might the future hold for the stock? A key aspect of this question is taking a look at valuation metrics in order to determine if the company is due for a pullback from this level.
On this front, we can look at the Zacks Style Scores, as these give investors a variety of ways to comb through stocks (beyond looking at the Zacks Rank of a security). The individual style scores for Value, Growth, Momentum and the combined VGM Score run from A through F. Investors should consider the style scores a valuable tool that can help you to pick the most appropriate Zacks Rank stocks based on their individual investment style.
Crescent Energy has a Value Score of A. The stock's Growth and Momentum Scores are C and A, respectively, giving the company a VGM Score of A.
In terms of its value breakdown, the stock currently trades at 6.5X current fiscal year EPS estimates, which is not in-line with the peer industry average of 19.2X. On a trailing cash flow basis, the stock currently trades at 3.1X versus its peer group's average of 9.8X. This is good enough to put the company in the top echelon of all stocks we cover from a value perspective, making Crescent Energy an interesting choice for value investors.
Zacks Rank
We also need to look at the Zacks Rank for the stock, as this supersedes any trend on the style score front. Fortunately, Crescent Energy currently has a Zacks Rank of #2 (Buy) thanks to favorable earnings estimate revisions from covering analysts.
Since we recommend that investors select stocks carrying Zacks Rank of 1 (Strong Buy) or 2 (Buy) and Style Scores of A or B, it looks as if Crescent Energy fits the bill. Thus, it seems as though Crescent Energy shares could still be poised for more gains ahead.
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Crescent Energy Company (CRGY) Hits Fresh High: Is There Still Room to Run?
A strong stock as of late has been Crescent Energy (CRGY - Free Report) . Shares have been marching higher, with the stock up 1.6% over the past month. The stock hit a new 52-week high of $14.29 in the previous session. Crescent Energy has gained 65.9% since the start of the year compared to the 33% move for the Zacks Oils-Energy sector and the 25.8% return for the Zacks Alternative Energy - Other industry.
What's Driving the Outperformance?
The stock has an impressive record of positive earnings surprises, as it hasn't missed our earnings consensus estimate in any of the last four quarters. In its last earnings report on May 4, 2026, Crescent Energy reported EPS of $0.53 versus consensus estimate of $0.39.
For the current fiscal year, Crescent Energy is expected to post earnings of $2.15 per share on $4.92 in revenues. This represents a 20% change in EPS on a 37.53% change in revenues. For the next fiscal year, the company is expected to earn $2.36 per share on $4.77 in revenues. This represents a year-over-year change of 9.49% and -3.08%, respectively.
Valuation Metrics
Crescent Energy may be at a 52-week high right now, but what might the future hold for the stock? A key aspect of this question is taking a look at valuation metrics in order to determine if the company is due for a pullback from this level.
On this front, we can look at the Zacks Style Scores, as these give investors a variety of ways to comb through stocks (beyond looking at the Zacks Rank of a security). The individual style scores for Value, Growth, Momentum and the combined VGM Score run from A through F. Investors should consider the style scores a valuable tool that can help you to pick the most appropriate Zacks Rank stocks based on their individual investment style.
Crescent Energy has a Value Score of A. The stock's Growth and Momentum Scores are C and A, respectively, giving the company a VGM Score of A.
In terms of its value breakdown, the stock currently trades at 6.5X current fiscal year EPS estimates, which is not in-line with the peer industry average of 19.2X. On a trailing cash flow basis, the stock currently trades at 3.1X versus its peer group's average of 9.8X. This is good enough to put the company in the top echelon of all stocks we cover from a value perspective, making Crescent Energy an interesting choice for value investors.
Zacks Rank
We also need to look at the Zacks Rank for the stock, as this supersedes any trend on the style score front. Fortunately, Crescent Energy currently has a Zacks Rank of #2 (Buy) thanks to favorable earnings estimate revisions from covering analysts.
Since we recommend that investors select stocks carrying Zacks Rank of 1 (Strong Buy) or 2 (Buy) and Style Scores of A or B, it looks as if Crescent Energy fits the bill. Thus, it seems as though Crescent Energy shares could still be poised for more gains ahead.