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Civitas Resources Inc (NYSE: CIVI) closed the day trading at $52.17 down -1.10% from the previous closing price of $52.75. In other words, the price has decreased by -$1.10 from its previous closing price. On the day, 0.95 million shares were traded. CIVI stock price reached its highest trading level at $53.44 during the session, while it also had its lowest trading level at $52.11.
Ratios:
For a better understanding of CIVI, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 106.95 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 10.60. 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, Morgan Stanley on January 10, 2025, initiated with a Overweight rating and assigned the stock a target price of $64.
On October 16, 2024, UBS started tracking the stock assigning a Neutral rating and target price of $60.
On September 18, 2024, JP Morgan started tracking the stock assigning a Overweight rating and target price of $67.JP Morgan initiated its Overweight rating on September 18, 2024, with a $67 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:
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 5035140096 and an Enterprise Value of 9829586944. As of this moment, Civitas’s Price-to-Earnings (P/E) ratio for their current fiscal year is 5.16, and their Forward P/E ratio for the next fiscal year is 5.60. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.40. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.00 while its Price-to-Book (P/B) ratio in mrq is 0.76. Its current Enterprise Value per Revenue stands at 1.95 whereas that against EBITDA is 2.684.
Stock Price History:
The Beta on a monthly basis for CIVI is 1.48, which has changed by -0.21300346 over the last 52 weeks, in comparison to a change of 0.24359846 over the same period for the S&P500. 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 5.69%, while the 200-Day Moving Average is calculated to be -12.20%.
Shares Statistics:
Over the past 3-months, CIVI traded about 1.30M shares per day on average, while over the past 10 days, CIVI traded about 1433330 shares per day. A total of 97.09M shares are outstanding, with a floating share count of 91.65M. Insiders hold about 5.04% of the company’s shares, while institutions hold 93.54% stake in the company. Shares short for CIVI as of 1735603200 were 5400559 with a Short Ratio of 4.16, compared to 1732838400 on 5174321. Therefore, it implies a Short% of Shares Outstanding of 5400559 and a Short% of Float of 7.71.
Dividends & Splits
CIVI’s forward annual dividend rate is 2.00, up from 6.06 a year ago. Against a Trailing Annual Dividend Yield of 0.114881516The current Payout Ratio is 22.18% for CIVI, which recently paid a dividend on 2024-12-13 with an ex-dividend date of 1734048000. Stock splits for the company last occurred on 2017-05-01 when the company split stock in a 1000:111588 ratio.
