For those desiring to outshine the market, the strategic selection of individual stocks is paramount. Well-chosen stocks have the potential to substantially boost your wealth.
In the latest session, Sitio Royalties Corp (NYSE: STR) closed at $22.33 down -3.29% from its previous closing price of $23.09. In other words, the price has decreased by -$3.29 from its previous closing price. On the day, 0.56 million shares were traded. STR stock price reached its highest trading level at $23.24 during the session, while it also had its lowest trading level at $22.26.
Ratios:
For a deeper understanding of Sitio Royalties Corp’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 401.72 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 11.38. For the most recent quarter (mrq), Quick Ratio is recorded 2.20 and its Current Ratio is at 2.50. In the meantime, Its Debt-to-Equity ratio is 0.67 whereas as Long-Term Debt/Eq ratio is at 0.67.
On September 04, 2024, Stephens started tracking the stock assigning a Overweight rating and target price of $32.
On April 10, 2024, Barclays started tracking the stock assigning a Underweight rating and target price of $26.Barclays initiated its Underweight rating on April 10, 2024, with a $26 target price.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, STR now has a Market Capitalization of 3530819584 and an Enterprise Value of 4667424256. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.52 while its Price-to-Book (P/B) ratio in mrq is 1.20. Its current Enterprise Value per Revenue stands at 7.544 whereas that against EBITDA is 8.701.
Stock Price History:
Over the past 52 weeks, STR has reached a high of $25.95, while it has fallen to a 52-week low of $19.88. The 50-Day Moving Average of the stock is -2.84%, while the 200-Day Moving Average is calculated to be -3.54%.
Shares Statistics:
For the past three months, STR has traded an average of 713.24K shares per day and 642550 over the past ten days. A total of 152.92M shares are outstanding, with a floating share count of 76.68M. Insiders hold about 0.80% of the company’s shares, while institutions hold 91.70% stake in the company. Shares short for STR as of 1731628800 were 3114483 with a Short Ratio of 4.37, compared to 1728950400 on 3466925. Therefore, it implies a Short% of Shares Outstanding of 3114483 and a Short% of Float of 4.68.
Dividends & Splits
According to the company, the forward annual dividend rate for STR is 1.50, from 1.5 in the trailing year. Against a Trailing Annual Dividend Yield of 0.064963184
