CRZO stock: buy or sell?

CRZO stock price: $7.83 -5.09% At close on December 20th, 2019

Updated on:
December 20th, 2019

2

Carrizo Oil & Gas shares plunged -5.09% to $7.83 on December. On December CRZO skyrocketed an amazing 7.81%.

Carrizo Oil & Gas, Inc., together with its subsidiaries, engages in the exploration, development, and production of oil and gas primarily in the United States.

Should I buy CRZO stock?

Make a decision about when to buy or sell stocks is one of the hardest parts of being a trader or investor. That's why is so important to choose your own trading plan that matches with your character as inversor. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best.

Currently, Carrizo Oil & Gas stock doesn't match any of these trading strategies, so our recommendation is not to buy.

Buy setupElegible
New all-time highNo
New 52 week highNo
Price crossing up 200d MANo
100d MA crossing up 200d MANo
This is not a selling recommendation at all, just it's not the best moment to buy if you follow any of these trading strategies.

Is Carrizo Oil & Gas stock a buy?

Everyday, hundreds of stock ratings are posted by financial analysts to indicate a particular stock's attractiveness. Unfortunately, we couldn't find any rating for CRZO stock for the last 30 days.

CRZO stock analysis

Daily outlook

Shares of Carrizo Oil & Gas plunged a frightening -5.09% and closed at $7.83.

Shares of Carrizo Oil & Gas plunged a frightening -5.09% and closed at $7.83. From a daily perspective, CRZO is in a short term uptrend after plotting its last bottom ($6.29, on December) higher than the previous bottom, and its last top ($8.35, on December) also over the previous top. Now trading in between its last bottom and last top CRZO might consolidate in a plain range, waiting to break out over $8.35 or down under $6.29.

CRZO stock chart (daily)

Weekly outlook

Carrizo Oil & Gas shares rocketed 4.96% by mid December 2019, ending at $7.83. By mid November 2019 CRZO plummed a frightening -16.87% in just one week. Early December CRZO boosted an extraordinary 11.10% in just one week. For 3 weeks in a row, price soared and marked a profit of 21.98%.

CRZO stock chart (weekly)

CRZO stock price history

CRZO stock went public on August 6th, 1997 with a price of $12.251. Since then, CRZO stock declined a -36.10%, with a yearly average of -1.60%.

1: Adjusted price after possible price splits or reverse-splits.

CRZO stock historical price chart

CRZO stock reached 52-week highs on April at $13.95, and all-time highs 2008-05-20 with a price of 76.3.

CRZO stock price target

How much a stock will be priced tomorrow or next week is quite unpredictable However, banks and other financial institutions analysts, with the help of lots of data and algorithms do their best to predict the stock prices movement. We do not recommend to follow these stock price predictions without a critical thinking from your side, as their accuracy is usually low. For the last 30 days we have not detected any price target for Carrizo Oil & Gas stock by any trusted analyst.

Financials and fundamental analysis

Earnings date and Earnings per Share

, Carrizo Oil & Gas presented its financial report, close to analysts' consensus and posted a $0.56 Earnings per Share. Unfortunately, reported EPS is not yet available in our database.
CRZO earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2017-Q1-n/a0.61n/a
2017-Q2-n/a0.85n/a
2017-Q32017-11-070.240.3337.5%
2017-Q42018-02-260.560.583.6%
2018-Q12018-05-070.330.4845.5%
2018-Q22018-08-060.670.7917.9%
2018-Q32018-11-050.790.9419.0%
2018-Q42019-02-250.570.56-1.8%
2019-Q1-n/an/an/a
2019-Q2-n/an/an/a

Annual financial results

In 2018, Carrizo Oil & Gas annual turnover rocketed an outstanding 42.91% to $1,065.94 M USD from $745.89 marked in 2017. In the same way, its profit margin (compared to revenues) rocketed to 37.94%, that is $404.43 million.

CRZO annual Sales and Income evolution
YearSalesYoYIncome/(margin)YoY
2013$520 M-$22 M4.2%-
2014$710 M36.53%$226 M31.9%935.42%
2015$429 M-39.56%$-1,155.15 M-269.1%-610.35%
2016$444 M3.35%$-675.47 M-152.3%-41.52%
2017$746 M68.15%$87 M11.7%-112.90%
2018$1,066 M42.91%$404 M37.9%364.27%

Quarterly financial results

Carrizo Oil & Gas posted $273.31 million in sales for 2018-Q4, a -9.91% less compared to previous quarter. Reported quarter earnings marked $260.28 million with a profit margin of 95.23%. Profit margin climbed a 68.42% compared to previous quarter when profit margin was 26.81%. When comparing sales to same quarter last year, Carrizo Oil & Gas sales marked a brilliant growth and boosted a 10.76%.
CRZO quarterly Sales and Income evolution
QuarterSales1QoQ2Income1/(margin)QoQ2
2017-Q1$151 M-$40 M26.4%-
2017-Q2$166 M9.99%$56 M33.8%40.70%
2017-Q3$181 M8.89%$8 M4.3%-86.11%
2017-Q4$247 M36.13%$-17 M-6.9%-317.82%
2018-Q1$225 M-8.71%$27 M12.2%-261.34%
2018-Q2$264 M17.18%$35 M13.4%28.43%
2018-Q3$303 M14.93%$81 M26.8%130.38%
2018-Q4$273 M-9.91%$260 M95.2%219.97%

Carrizo Oil & Gas ownership

When you are planning to invest in a company, it's worth to overview its ownership structure.

Carrizo Oil & Gas shares owned by insiders (that is, founders, CEO, CTO, main executives or other management staff) currently counts a of all shares.

For a better context understanding, the following table shows ownership data compared to other related stocks:

CRZO
Market cap$0.0 M
Total shares0.0 M
Float shares0.0 M
  - Institutional holdings (%)0.0%
  - Insider holdings (%)0.0%
Shares in short selling0.0%

CRZO summary

Friday, December 20th, 2019
Open$8.16
Close$7.83
Day range$7.72 - $8.33
Previous close$8.25
Session gain-5.09%
Average true range$0.40
50d mov avg$7.42
100d mov avg$7.96
200d mov avg$9.61
Daily patternlt06a
Weekly pattern lb06a

Carrizo Oil & Gas performance

To measure stock performance is always good to compare with competitors or related stocks. We selected as the bechmarking frame for Carrizo Oil & Gas stock.
Stock3m6m12m
CRZOCarrizo Oil & Gas-9.27%-20.83%-23.01%

Carrizo Oil & Gas competitors

Unfortunately, we could not find any public company that could be defined as Carrizo Oil & Gas competitor. This doesn't mean Carrizo Oil & Gas does not have any competitor in the market, it's just we could not detected it.