Alert: Negative Investment/Fundamental Signals (1/23/20)-Crescent Point Energy Corp (NYSE: CPG)


Recent exceptional negative changes in investment behavior have affected Crescent Point Energy Corp (NYSE: CPG): its longer term price trend turned down, and its shorter term price trend turned down.

Recent important negative changes in fundamentals have impacted Crescent Point Energy Corp (NYSE: CPG). Negative developments: significant quarterly sales deceleration occurred, significant quarterly earnings deceleration occurred, and the consensus estimate for December, 2020 decreased significantly. Positive development: the stock’s power rating rose above 70.

In light of these highly negative signals we are reviewing our current Overall Rating of A. We would view the shares with caution pending completion of this review in the next several days.


Current PriceTarget Research Rating

Reflecting future returns on capital that are forecasted to fall short of the cost of capital, CPG is expected to continue to be a Value Eraser.

CPG has a current Value Trend Rating of A (Highest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing highly consistent signals. CPG has a good Power Rating of 76 and a good Appreciation Score of 79, with the Highest Value Trend Rating the result.

Recent Price Action

On 1/23/20, Crescent Point Energy Corp (NYSE: CPG) stock increased 1.1%, closing at $3.84. Trading volume in this advance was normal. Relative to the market the stock has been exceptionally strong over the last nine months but has declined -13.7% during the last week.

About John Lafferty 61383 Articles
During his career, John has developed valuation and stock rating methodologies, managed institutional portfolios and mutual funds, and provided equity research to institutional investors on thousands of companies. He has been Director of Research at PTR since its inception in 2004.

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