Market Momentum Report: Matador Resources Co (MTDR)’s Negative Close at 53.05

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The price of Matador Resources Co (NYSE: MTDR) closed at $53.05 in the last session, down -0.23% from day before closing price of $53.17. In other words, the price has decreased by -$0.23 from its previous closing price. On the day, 0.98 million shares were traded. MTDR stock price reached its highest trading level at $53.19 during the session, while it also had its lowest trading level at $52.06.

Ratios:

We take a closer look at MTDR’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 103.63 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 33.79. For the most recent quarter (mrq), Quick Ratio is recorded 0.82 and its Current Ratio is at 0.86. In the meantime, Its Debt-to-Equity ratio is 0.43 whereas as Long-Term Debt/Eq ratio is at 0.43.

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 the company, CapitalOne on July 25, 2024, Upgraded its rating to Overweight and sets its target price to $84 from $80 previously.

On June 21, 2024, Stephens started tracking the stock assigning a Overweight rating and target price of $83.Stephens initiated its Overweight rating on June 21, 2024, with a $83 target price.

Insider Transactions:

An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Sep 13 ’24 when Baty Robert Gaines bought 500 shares for $50.58 per share. The transaction valued at 25,290 led to the insider holds 67,617 shares of the business.

Elsener William Thomas bought 500 shares of MTDR for $24,735 on Sep 10 ’24. The EVP, Reservoir Engineering now owns 102,164 shares after completing the transaction at $49.47 per share. On Sep 09 ’24, another insider, Appel Shelley F, who serves as the Director of the company, bought 300 shares for $50.10 each. As a result, the insider paid 15,030 and bolstered with 57,541 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, MTDR now has a Market Capitalization of 6621488640 and an Enterprise Value of 8819895296. As of this moment, Matador’s Price-to-Earnings (P/E) ratio for their current fiscal year is 6.84, and their Forward P/E ratio for the next fiscal year is 6.42. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.28. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.04 while its Price-to-Book (P/B) ratio in mrq is 1.43. Its current Enterprise Value per Revenue stands at 2.924 whereas that against EBITDA is 3.93.

Stock Price History:

Over the past 52 weeks, MTDR has reached a high of $71.08, while it has fallen to a 52-week low of $47.15. The 50-Day Moving Average of the stock is -1.12%, while the 200-Day Moving Average is calculated to be -10.44%.

Shares Statistics:

According to the various share statistics, MTDR traded on average about 1.51M shares per day over the past 3-months and 1653930 shares per day over the past 10 days. A total of 119.46M shares are outstanding, with a floating share count of 115.26M. Insiders hold about 7.66% of the company’s shares, while institutions hold 90.64% stake in the company. Shares short for MTDR as of 1726185600 were 8413866 with a Short Ratio of 5.57, compared to 1723680000 on 8376988. Therefore, it implies a Short% of Shares Outstanding of 8413866 and a Short% of Float of 8.1599995.

Dividends & Splits

The forward annual dividend rate for MTDR is 0.80, which was 0.75 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.014105699

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