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Civitas Resources Inc (NYSE: CIVI) closed the day trading at $53.74 down -1.34% from the previous closing price of $54.47. In other words, the price has decreased by -$1.34 from its previous closing price. On the day, 1.41 million shares were traded. CIVI stock price reached its highest trading level at $54.85 during the session, while it also had its lowest trading level at $53.685.
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 57.52 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 10.61. 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.
On June 13, 2024, TD Cowen started tracking the stock assigning a Buy rating and target price of $90.
On May 28, 2024, RBC Capital Mkts started tracking the stock assigning a Outperform rating and target price of $90.RBC Capital Mkts initiated its Outperform rating on May 28, 2024, with a $90 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 5285307904 and an Enterprise Value of 10082979840. As of this moment, Civitas’s Price-to-Earnings (P/E) ratio for their current fiscal year is 6.21, and their Forward P/E ratio for the next fiscal year is 4.50. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.28. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.10 while its Price-to-Book (P/B) ratio in mrq is 0.80. Its current Enterprise Value per Revenue stands at 2.099 whereas that against EBITDA is 3.133.
Stock Price History:
Over the past 52 weeks, CIVI has reached a high of $81.61, while it has fallen to a 52-week low of $54.42. The 50-Day Moving Average of the stock is -17.43%, while the 200-Day Moving Average is calculated to be -20.10%.
Shares Statistics:
Over the past 3-months, CIVI traded about 1.29M shares per day on average, while over the past 10 days, CIVI traded about 971540 shares per day. A total of 93.77M shares are outstanding, with a floating share count of 93.53M. Insiders hold about 12.07% of the company’s shares, while institutions hold 92.52% stake in the company. Shares short for CIVI as of 1723680000 were 2833447 with a Short Ratio of 2.20, compared to 1721001600 on 2151143. Therefore, it implies a Short% of Shares Outstanding of 2833447 and a Short% of Float of 3.94.
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 0.115292825
