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In the latest session, Civitas Resources Inc (NYSE: CIVI) closed at $47.35 up 0.83% from its previous closing price of $46.96. In other words, the price has increased by $0.83 from its previous closing price. On the day, 1.76 million shares were traded. CIVI stock price reached its highest trading level at $48.425 during the session, while it also had its lowest trading level at $47.25.
Ratios:
For a deeper understanding of Civitas Resources Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 94.41 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 9.36. 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 0.73 whereas as Long-Term Debt/Eq ratio is at 0.73.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, UBS on October 16, 2024, initiated with a Neutral rating and assigned the stock a target price of $60.
On September 18, 2024, JP Morgan started tracking the stock assigning a Overweight rating and target price of $67.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. 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:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CIVI now has a Market Capitalization of 4569942528 and an Enterprise Value of 9364388864. As of this moment, Civitas’s Price-to-Earnings (P/E) ratio for their current fiscal year is 4.69, and their Forward P/E ratio for the next fiscal year is 5.13. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.39. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.88 while its Price-to-Book (P/B) ratio in mrq is 0.69. Its current Enterprise Value per Revenue stands at 1.858 whereas that against EBITDA is 2.557.
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 $46.18. The 50-Day Moving Average of the stock is -7.58%, while the 200-Day Moving Average is calculated to be -24.01%.
Shares Statistics:
For the past three months, CIVI has traded an average of 1.19M shares per day and 1142880 over the past ten days. A total of 97.09M shares are outstanding, with a floating share count of 91.70M. Insiders hold about 4.99% of the company’s shares, while institutions hold 93.81% stake in the company. Shares short for CIVI as of 1731628800 were 4800989 with a Short Ratio of 4.02, compared to 1728950400 on 3545146. Therefore, it implies a Short% of Shares Outstanding of 4800989 and a Short% of Float of 6.859999999999999.
Dividends & Splits
According to the company, the forward annual dividend rate for CIVI is 2.00, from 6.06 in the trailing year. Against a Trailing Annual Dividend Yield of 0.129046
