Time To Buy Continental Resources, Inc?

Shares of Continental Resources, Inc. (NYSE: CLR) are receiving a lot of investor interest as of late due to the stock's 19.1% increase over the last month. Shareholders are now asking themselves whether the company's current stock price is reflective of its true value or if shares have even further upside from here.

Let's take a look at Continental's value and outlook based on its most recent financial data to see if there are any catalysts for a price change.

Is Continental Still Cheap?

Good news, value investors! Continental is still a bargain right now. According to the valuation below, the intrinsic value for the stock is $72.52, which is above what the market is valuing the company at the moment. This indicates a potential opportunity to buy low.

Continental Resources, Inc. Valuation Detail
Analysis Model Fair Value Upside (Downside)
10-yr DCF Revenue Exit $86.85 50.5%
5-yr DCF Revenue Exit $86.48 49.9%
Peer EBITDA Multiples $45.35 -21.4%
10-yr DCF Growth Exit $87.01 50.8%
5-yr DCF Growth Exit $86.69 50.2%
Peer P/E Multiples $42.77 -25.9%
Average $72.52 25.7%

Click on any of the analyses above to view the latest model with real-time data.

What’s more interesting is that Continental’s share price is quite volatile, which gives us more chances to buy since the share price could sink lower (or rise higher) in the future. This is based on its high beta, which is a good indicator for how much the stock moves relative to the rest of the market.

What Does The Future Of Continental Look Like?

Investors looking for growth in their portfolio may want to consider the prospects of a company before buying its shares. Buying a great company with a robust outlook at a cheap price is always a good investment, so let’s also take a look at the company’s future expectations.

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As of this writing, I did not hold a position in any of the aforementioned securities and this is not a buy or sell recommendation on any security mentioned.

Andy is also a founder at finbox.io, ...

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