Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.
The price of Sable Offshore Corp (NYSE: SOC) closed at $28.06 in the last session, up 6.21% from day before closing price of $26.42. In other words, the price has increased by $6.21 from its previous closing price. On the day, 2.93 million shares were traded.
Ratios:
We take a closer look at SOC’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 2.82 and its Current Ratio is at 2.94. In the meantime, Its Debt-to-Equity ratio is 2.22 whereas as Long-Term Debt/Eq ratio is at 2.21.
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, ROTH MKM on March 27, 2025, initiated with a Buy rating and assigned the stock a target price of $30.
On November 05, 2024, Johnson Rice started tracking the stock assigning a Buy rating and target price of $30.Johnson Rice initiated its Buy rating on November 05, 2024, with a $30 target price.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Apr 17 ’25 when Pilgrim Global ICAV sold 143,806 shares for $25.37 per share. The transaction valued at 3,648,358 led to the insider holds 10,100,569 shares of the business.
Pilgrim Global ICAV bought 750,000 shares of SOC for $15,000,000 on Sep 19 ’24. The 10% Owner now owns 8,791,001 shares after completing the transaction at $20.00 per share. On Aug 27 ’24, another insider, Pilgrim Global ICAV, who serves as the 10% Owner of the company, bought 41,000 shares for $15.45 each. As a result, the insider paid 633,450 and bolstered with 8,041,001 shares of the company.
Stock Price History:
Over the past 52 weeks, SOC has reached a high of $32.33, while it has fallen to a 52-week low of $11.01. The 50-Day Moving Average of the stock is 26.02%, while the 200-Day Moving Average is calculated to be 27.01%.
Shares Statistics:
A total of 89.31M shares are outstanding, with a floating share count of 68.31M. Insiders hold about 23.60% of the company’s shares, while institutions hold 59.79% stake in the company.
Earnings Estimates
At present, 2.0 analysts are actively evaluating the performance of Sable Offshore Corp (SOC) in the stock market.The consensus estimate for the next quarter is $0.13, with high estimates of $0.29 and low estimates of -$0.03.
Analysts are recommending an EPS of between $0.58 and -$1.47 for the fiscal current year, implying an average EPS of -$0.51. EPS for the following year is $1.85, with 3.0 analysts recommending between $1.96 and $1.71.
Revenue Estimates
For the next quarter, 1 analysts are estimating revenue of $91.3M. There is a high estimate of $91.3M for the next quarter, whereas the lowest estimate is $91.3M.
Based on 1 analysts’ estimates, the company’s revenue will be $681.7M in the next fiscal year. The high estimate is $681.7M and the low estimate is $681.7M.
