Market Momentum: Sitio Royalties Corp (STR) Registers a -1.58 Decrease, Closing at 23.66

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Sitio Royalties Corp (NYSE: STR) closed the day trading at $23.66 down -1.58% from the previous closing price of $24.04. In other words, the price has decreased by -$1.58 from its previous closing price. On the day, 0.86 million shares were traded. STR stock price reached its highest trading level at $23.975 during the session, while it also had its lowest trading level at $23.6.

Ratios:

For a better understanding of STR, 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 425.64 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 12.06. 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 3617969152 and an Enterprise Value of 4772810752. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.85 while its Price-to-Book (P/B) ratio in mrq is 1.27. Its current Enterprise Value per Revenue stands at 7.715 whereas that against EBITDA is 8.898.

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 3.93%, while the 200-Day Moving Average is calculated to be 2.45%.

Shares Statistics:

Over the past 3-months, STR traded about 706.48K shares per day on average, while over the past 10 days, STR traded about 758920 shares per day. 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 92.00% stake in the company. Shares short for STR as of 1731628800 were 3114483 with a Short Ratio of 4.54, 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

STR’s forward annual dividend rate is 1.50, up from 1.5 a year ago. Against a Trailing Annual Dividend Yield of 0.062396005

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