Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
After finishing at $49.30 in the prior trading day, Civitas Resources Inc (NYSE: CIVI) closed at $40.35, down -18.15%. In other words, the price has decreased by -$18.15 from its previous closing price. On the day, 7.28 million shares were traded.
Ratios:
Our goal is to gain a better understanding of CIVI by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 27.36 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 4.36. For the most recent quarter (mrq), Quick Ratio is recorded 0.45 and its Current Ratio is at 0.45. In the meantime, Its Debt-to-Equity ratio is 0.04 whereas as Long-Term Debt/Eq ratio is at 0.02.
On January 10, 2025, Morgan Stanley started tracking the stock assigning a Overweight rating and target price of $64.Morgan Stanley initiated its Overweight rating on January 10, 2025, with a $64 target price.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on May 15 ’24 when CANADA PENSION PLAN INVESTMENT sold 6,956,520 shares for $73.22 per share. The transaction valued at 509,356,394 led to the insider holds 9,524,201 shares of the business.
Valuation Measures:
As of this moment, Civitas’s Price-to-Earnings (P/E) ratio for their current fiscal year is 4.76, and their Forward P/E ratio for the next fiscal year is 3.83. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.31. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.75 while its Price-to-Book (P/B) ratio in mrq is 0.57.
Stock Price History:
Over the past 52 weeks, CIVI has reached a high of $76.02, while it has fallen to a 52-week low of $42.32. The 50-Day Moving Average of the stock is -17.48%, while the 200-Day Moving Average is calculated to be -29.12%.
Shares Statistics:
A total of 93.93M shares are outstanding, with a floating share count of 91.64M. Insiders hold about 5.05% of the company’s shares, while institutions hold 94.01% stake in the company.
Earnings Estimates
The current rating of Civitas Resources Inc (CIVI) reflects the combined expertise of 14.0 analysts actively engaged in assessing its market performance.The consensus estimate for the next quarter is $2.04, with high estimates of $2.99 and low estimates of $1.03.
Analysts are recommending an EPS of between $11.82 and $4.62 for the fiscal current year, implying an average EPS of $8.77. EPS for the following year is $10.46, with 14.0 analysts recommending between $16.91 and $6.23.
Revenue Estimates
8 analysts predict $1.21B in revenue for the current quarter. It ranges from a high estimate of $1.33B to a low estimate of $1.07B. As of the current estimate, Civitas Resources Inc’s year-ago sales were $1.33BFor the next quarter, 8 analysts are estimating revenue of $1.24B. There is a high estimate of $1.33B for the next quarter, whereas the lowest estimate is $1.12B.
A total of 9 analysts have provided revenue estimates for CIVI’s current fiscal year. The highest revenue estimate was $5.36B, while the lowest revenue estimate was $4.65B, resulting in an average revenue estimate of $5.12B. In the same quarter a year ago, actual revenue was $5.21BBased on 10 analysts’ estimates, the company’s revenue will be $5.29B in the next fiscal year. The high estimate is $5.74B and the low estimate is $4.96B.
