Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
In the latest session, Diamondback Energy Inc (NASDAQ: FANG) closed at $170.86 up 0.95% from its previous closing price of $169.25. In other words, the price has increased by $0.95 from its previous closing price. On the day, 1.31 million shares were traded. FANG stock price reached its highest trading level at $171.58 during the session, while it also had its lowest trading level at $167.84.
Ratios:
For a deeper understanding of Diamondback Energy Inc’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 133.75 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 16.03. For the most recent quarter (mrq), Quick Ratio is recorded 0.42 and its Current Ratio is at 0.45. In the meantime, Its Debt-to-Equity ratio is 0.35 whereas as Long-Term Debt/Eq ratio is at 0.32.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Dec 16 ’24 when WEST STEVEN E bought 6,000 shares for $162.66 per share. The transaction valued at 975,960 led to the insider holds 12,135 shares of the business.
Van’t Hof Matthew Kaes sold 4,000 shares of FANG for $653,928 on Dec 13 ’24. The President & CFO now owns 96,718 shares after completing the transaction at $163.48 per share. On Dec 13 ’24, another insider, Van’t Hof Matthew Kaes, who serves as the Officer of the company, bought 4,000 shares for $163.48 each.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, FANG now has a Market Capitalization of 49889239040 and an Enterprise Value of 63942275072. As of this moment, Diamondback’s Price-to-Earnings (P/E) ratio for their current fiscal year is 9.78, and their Forward P/E ratio for the next fiscal year is 10.92. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.21 while its Price-to-Book (P/B) ratio in mrq is 1.34. Its current Enterprise Value per Revenue stands at 6.983 whereas that against EBITDA is 9.378.
Stock Price History:
The Beta on a monthly basis for FANG is 1.85, which has changed by 0.10823727 over the last 52 weeks, in comparison to a change of 0.23095727 over the same period for the S&P500. Over the past 52 weeks, FANG has reached a high of $212.93, while it has fallen to a 52-week low of $144.34. The 50-Day Moving Average of the stock is 0.09%, while the 200-Day Moving Average is calculated to be -8.28%.
Shares Statistics:
For the past three months, FANG has traded an average of 2.14M shares per day and 1768680 over the past ten days. A total of 292.74M shares are outstanding, with a floating share count of 188.33M. Insiders hold about 35.50% of the company’s shares, while institutions hold 58.64% stake in the company. Shares short for FANG as of 1736899200 were 4591260 with a Short Ratio of 2.15, compared to 1734048000 on 5456747. Therefore, it implies a Short% of Shares Outstanding of 4591260 and a Short% of Float of 1.71.
Dividends & Splits
According to the company, the forward annual dividend rate for FANG is 5.04, from 8.29 in the trailing year. Against a Trailing Annual Dividend Yield of 0.0489808The stock’s 5-year Average Dividend Yield is 3.92.
