In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
The closing price of Sable Offshore Corp (NYSE: SOC) was $32.35 for the day, down -1.25% from the previous closing price of $32.76. In other words, the price has decreased by -$1.25 from its previous closing price. On the day, 1.68 million shares were traded.
Ratios:
Our analysis of SOC’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 1.57 and its Current Ratio is at 1.67. In the meantime, Its Debt-to-Equity ratio is 3.04 whereas as Long-Term Debt/Eq ratio is at 3.04.
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:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. 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 $35.00, while it has fallen to a 52-week low of $12.73. The 50-Day Moving Average of the stock is 40.03%, while the 200-Day Moving Average is calculated to be 43.64%.
Shares Statistics:
A total of 89.34M shares are outstanding, with a floating share count of 68.30M. Insiders hold about 23.61% of the company’s shares, while institutions hold 60.35% stake in the company.
Earnings Estimates
The market rating for Sable Offshore Corp (SOC) is a result of the insights provided by 3.0 analysts actively involved in the assessment.The consensus estimate for the next quarter is $0.7, with high estimates of $0.73 and low estimates of $0.67.
Analysts are recommending an EPS of between $0.02 and -$1.39 for the fiscal current year, implying an average EPS of -$0.47. EPS for the following year is $3.79, with 4.0 analysts recommending between $4.66 and $2.3.
Revenue Estimates
For the next quarter, 2 analysts are estimating revenue of $160M. There is a high estimate of $203.2M for the next quarter, whereas the lowest estimate is $116.8M.
Based on 2 analysts’ estimates, the company’s revenue will be $1.07B in the next fiscal year. The high estimate is $1.11B and the low estimate is $1.03B.
