Investor’s Toolkit: Key Ratios for Assessing Civitas Resources Inc (CIVI)’s Performance

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Civitas Resources Inc (NYSE: CIVI) closed the day trading at $50.30 down -0.98% from the previous closing price of $50.80. In other words, the price has decreased by -$0.98 from its previous closing price. On the day, 0.87 million shares were traded. CIVI stock price reached its highest trading level at $51.305 during the session, while it also had its lowest trading level at $50.225.

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 53.84 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 9.93. For the most recent quarter (mrq), Quick Ratio is recorded 0.41 and its Current Ratio is at 0.41. In the meantime, Its Debt-to-Equity ratio is 0.74 whereas as Long-Term Debt/Eq ratio is at 0.74.

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:

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 4946984960 and an Enterprise Value of 9793831936. As of this moment, Civitas’s Price-to-Earnings (P/E) ratio for their current fiscal year is 5.81, and their Forward P/E ratio for the next fiscal year is 5.46. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.53. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.03 while its Price-to-Book (P/B) ratio in mrq is 0.75. Its current Enterprise Value per Revenue stands at 2.038 whereas that against EBITDA is 3.043.

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 $49.10. The 50-Day Moving Average of the stock is -8.99%, while the 200-Day Moving Average is calculated to be -21.51%.

Shares Statistics:

Over the past 3-months, CIVI traded about 1.18M shares per day on average, while over the past 10 days, CIVI traded about 996460 shares per day. A total of 93.77M shares are outstanding, with a floating share count of 93.46M. Insiders hold about 4.98% of the company’s shares, while institutions hold 91.32% stake in the company. Shares short for CIVI as of 1727654400 were 4571729 with a Short Ratio of 3.87, compared to 1724976000 on 3255113. Therefore, it implies a Short% of Shares Outstanding of 4571729 and a Short% of Float of 6.36.

Dividends & Splits

CIVI’s forward annual dividend rate is 2.00, up from 6.28 a year ago. Against a Trailing Annual Dividend Yield of 0.12362205

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