- The debt-to-equity ratio of 1.28 is relatively high when compared with the industry average, suggesting a need for better debt level management. Along with this, the company manages to maintain a quick ratio of 0.36, which clearly demonstrates the inability to cover short-term cash needs.
- CRZO has underperformed the S&P 500 Index, declining 12.03% from its price level of one year ago. The fact that the stock is now selling for less than others in its industry in relation to its current earnings is not reason enough to justify a buy rating at this time.
- The company's current return on equity greatly increased when compared to its ROE from the same quarter one year prior. This is a signal of significant strength within the corporation. Compared to other companies in the Oil, Gas & Consumable Fuels industry and the overall market, CARRIZO OIL & GAS INC's return on equity significantly trails that of both the industry average and the S&P 500.
- The gross profit margin for CARRIZO OIL & GAS INC is currently very high, coming in at 80.50%. It has increased significantly from the same period last year. Along with this, the net profit margin of 15.30% is above that of the industry average.
- Net operating cash flow has significantly increased by 65.30% to $21.85 million when compared to the same quarter last year. The firm also exceeded the industry average cash flow growth rate of 38.85%.
NEW YORK ( TheStreet) -- Carrizo Oil & Gas (Nasdaq: CRZO) has been downgraded by TheStreet Ratings from hold to sell. The company's weaknesses can be seen in multiple areas, such as its generally weak debt management and generally disappointing historical performance in the stock itself. Highlights from the ratings report include: