CRESCENT POINT ENERGY CORP (CPG.CA) Forecast, Price Target & Analyst Ratings

TSX:CPG • CA22576C1014

Current stock price

7.58 CAD
+0.05 (+0.66%)
Last:

Analyst forecast overview

View the latest analyst price targets, stock forecast, EPS estimates, revenue projections, revisions, full estimates, rating distribution and upgrades/downgrades for CRESCENT POINT ENERGY CORP (CPG.CA).

Forecast Snapshot

Consensus Price Target

Price Target
CA$14.86
+ 96.08% Upside
→ Price target details

Next Earnings Forecast

Earnings Estimate
Release Date
Jul 25, 2024
Period
Q2 / 2024
EPS Estimate
CA$0.45
Revenue Estimate
1.074B
→ Full earnings forecast details

ChartMill Buy Consensus

Rating
81.11%
Weighted Analyst Rating Score
→ Analyst Ratings details

Price Target Details & History

Consensus Price Target and Range

Mean target
CA$14.86
Upside
+ 96.08%
From current price of CA$7.58 to mean target of CA$14.86, Based on 18 analyst forecasts
Low
CA$12.63
Median
CA$14.28
High
CA$19.95

Price Target Revisions

1 Month
0.00%
3 Months
0.00%

Price Target Summary

18 Wall Street analysts provided a forecast for the next 12 months for CPG.CA. The average price target is 14.86 CAD. This implies a price increase of 96.08% is expected in the next year compared to the current price of 7.58.
→ Find peer stocks trading 30% below analyst price target

Analyst Ratings & History

Current Analyst Ratings

CPG Current Analyst RatingCPG Current Analyst Buy, Sell and Hold Ratings.Current Analyst Rating Strong Buy Buy Hold Sell Strong Sell 2 4 6 8 10

Analyst Ratings History

CPG Historical Analyst RatingsCPG Historical Analyst Buy, Sell and Hold Ratings and number of analysts.Historical Monthly Analyst Rating -19 -17 -15 -13 -11 -9 -7 -5 -3 -1 5 10 15

Analyst Ratings Consensus

ChartMill Buy Consensus
81.11%
CPG.CA was analyzed by 18 analysts. The buy percentage consensus is at 81. So analysts seem to be very confident about CPG.CA.
In the previous month the buy percentage consensus was at a similar level.
CPG.CA was analyzed by 18 analysts, which should be a sufficient number of analysts to have a meaningful average consensus rating.
→ Find peer stocks with a buy consensus above 85%

Recent Upgrades & Downgrades

DateFirmActionFrom → To
2023-12-22RAYMOND JAMES LTD.Maintains Outperform -> Outperform
2023-12-22Desjardins SecuritiesMaintains Buy -> Buy
2023-12-21STIFEL CANADAMaintains Buy -> Buy
2023-12-21ATB Capital MarketsMaintains Outperform -> Outperform
2023-12-21National Bank FinancialMaintains Outperform -> Outperform
2023-12-21TD SecuritiesMaintains Buy -> Buy
2022-12-13BMO FinancialDowngrade
2022-12-13CIBC Capital MarketsMaintains Outperform
2022-12-12Stifel Nicolaus ResearchDowngrade Buy
2022-12-12TD ResearchMaintains Buy
2022-12-12Scotiabank CapitalMaintains Outperform
2022-12-12STA ResearchMaintains Underperform
2022-11-24RBC RoyalbankUpgrade Outperform
2022-11-24STA ResearchMaintains Underperform
2022-10-27National Bank of Canada FinancialDowngrade Outperform
2022-10-27Scotiabank CapitalMaintains Outperform
2022-10-26CIBC Capital MarketsMaintains Outperform
2022-10-21STA ResearchDowngrade Underpeform
2022-10-04STA ResearchUpgrade Hold
2022-09-30National Bank of Canada FinancialDowngrade
2022-07-28National Bank of Canada FinancialDowngrade Outperform
2022-07-28TD ResearchMaintains Action List Buy
2022-07-28Scotiabank CapitalMaintains Outperform
2022-07-27CIBC Capital MarketsMaintains Outperform
2022-07-18National Bank of Canada FinancialDowngrade Outperform

Next Earnings Forecast Details

Next Earnings Details

Release Date
Jul 25, 2024
Period
Q2 / 2024
EPS Estimate
CA$0.45
Revenue Estimate
1.074B
Revenue Q2Q
27.58%
EPS Q2Q
16.11%
Number of Analysts
8

Next Earnings Revisions

Revenue (1 Month)
0.00%
Revenue (3 Months)
0.00%
EPS (1 Month)
0.00%
EPS (3 Months)
0.00%

Next Earnings Summary

CPG.CA is expected to report earnings on 7/25/2024. The consensus EPS estimate for the next earnings is 0.45 CAD and the consensus revenue estimate is 1.07B CAD.
The next earnings revenue estimate has been revised downward by 0% in the past 3 months.
→ Find peers expecting at least 20% revenue growth next quarter

Full Analyst Estimates 2024 - 2028

Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates

2021 2022 2023 2024 2025 2026 2027 2028
Revenue
YoY % growth
CPG.CA revenue by date.CPG.CA revenue by date.
2.829B
90.15%		3.512B
24.14%		3.19B
-9.18%		4.284B
34.30%		4.663B
8.85%		4.732B
1.48%		4.835B
2.18%		5.062B
4.69%
EBITDA
YoY % growth
CPG.CA ebitda by date.CPG.CA ebitda by date.
1.919B
-55.07%		2.668B
39.05%		2.211B
-17.12%		2.689B
21.60%		2.907B
8.11%		2.414B
-16.96%		2.324B
-3.73%		2.457B
5.72%
EBIT
YoY % growth
CPG.CA ebit by date.CPG.CA ebit by date.
1.133B
1,132,600.00%		1.716B
51.52%		1.146B
-33.21%		1.489B
29.90%		1.662B
11.62%		659.03M
-60.35%		720.03M
9.26%		741.74M
3.02%
Operating Margin
CPG.CA operating margin by date.CPG.CA operating margin by date.
40.03%48.87%35.94%34.76%35.64%13.93%14.89%14.65%
EPS
YoY % growth
CPG.CA eps by date.CPG.CA eps by date.
0.71
114.88%		2.14
201.41%		0.96
-55.14%		1.61
67.70%		1.87
16.11%		2.23
19.32%		N/AN/A

All data in CAD

Quarterly Earnings Per Share (EPS), Revenue, EBIT and EBITDA Analyst Estimates

Q2 / 24 Q3 / 24 Q4 / 24 Q1 / 25 Q2 / 25 Q3 / 25 Q4 / 25 Q1 / 26 Q2 / 26 Q3 / 26 Q4 / 26
EPS
Q2Q % growth		0.45
16.11%		0.46
130.23%		0.46
-73.06%		0.62
193.20%		0.55
22.45%		0.57
24.84%		0.65
41.12%		0.46
-24.47%		0.47
-14.94%		0.48
-17.08%		0.53
-17.50%
Revenue
Q2Q % growth		1.074B
27.58%		1.047B
15.22%		1.084B
25.84%		N/AN/AN/AN/AN/AN/AN/AN/A
EBITDA
Q2Q % growth		674.28M
-31.57%		705.08M
-39.35%		737.05M
-46.64%		692.96M
12.69%		657.01M
-2.56%		677.1M
-3.97%		712.05M
-3.39%		633.88M
-8.53%		640.64M
-2.49%		660.04M
-2.52%		697M
-2.11%
EBIT
Q2Q % growth		283.81M
-41.98%		271.69M
-21.34%		358.55M
13.32%		N/AN/AN/AN/AN/AN/AN/AN/A

All data in CAD

Yearly Earnings Per Share (EPS) and Revenue Trends vs Historical Data

CPG.CA Yearly Revenue VS EstimatesCPG.CA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 1B 2B 3B 4B 5B
CPG.CA Yearly EPS VS EstimatesCPG.CA Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 0 2 -2 4 -4

Long Term Forward Growth Forecast Summary

Long Term EPS Growth (CAGR)

EPS Next 3 Year
32.45%
EPS Next 5 Year
N/A

Long Term Revenue Growth (CAGR)

Revenue Next 3 Year
15.26%
Revenue Next 5 Year
10.38%

Long Term EBIT Growth (CAGR)

EBIT Next 3 Year
30.19%
EBIT Next 5 Year
17.56%
→ Find peers expecting at least 20% CAGR revenue growth over the next 3 years

CRESCENT POINT ENERGY CORP / CPG.CA Forecast FAQ

What is the average price target for CRESCENT POINT ENERGY CORP (CPG.CA) stock?

18 analysts have analysed CPG.CA and the average price target is 14.86 CAD. This implies a price increase of 96.08% is expected in the next year compared to the current price of 7.58.

What is the next earnings date for CPG stock?

CRESCENT POINT ENERGY CORP (CPG.CA) will report earnings on 2024-07-25, after the market close.

What are the consensus estimates for CPG stock next earnings?

The consensus EPS estimate for the next earnings of CRESCENT POINT ENERGY CORP (CPG.CA) is 0.45 CAD and the consensus revenue estimate is 1.07B CAD.

What is the number of analysts for CPG stock?

The number of analysts covering CRESCENT POINT ENERGY CORP (CPG.CA) is 18.