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, Viper Energy Inc (NASDAQ: VNOM) closed at $46.59 down -2.25% from its previous closing price of $47.66. In other words, the price has decreased by -$2.25 from its previous closing price. On the day, 0.77 million shares were traded. VNOM stock price reached its highest trading level at $47.815 during the session, while it also had its lowest trading level at $46.185.
Ratios:
For a deeper understanding of Viper 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 52.05 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 14.45. For the most recent quarter (mrq), Quick Ratio is recorded 7.24 and its Current Ratio is at 7.24. In the meantime, Its Debt-to-Equity ratio is 0.59 whereas as Long-Term Debt/Eq ratio is at 0.59.
On December 02, 2024, Goldman started tracking the stock assigning a Buy rating and target price of $70.
On November 26, 2024, BofA Securities started tracking the stock assigning a Buy rating and target price of $64.BofA Securities initiated its Buy rating on November 26, 2024, with a $64 target price.
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 Mar 08 ’24 when Diamondback Energy, Inc. sold 13,225,000 shares for $34.12 per share. The transaction valued at 451,303,125 led to the insider holds 0 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, VNOM now has a Market Capitalization of 8777974784 and an Enterprise Value of 7495296512. As of this moment, Viper’s Price-to-Earnings (P/E) ratio for their current fiscal year is 19.94, and their Forward P/E ratio for the next fiscal year is 24.00. For the stock, the TTM Price-to-Sale (P/S) ratio is 10.56 while its Price-to-Book (P/B) ratio in mrq is 3.42. Its current Enterprise Value per Revenue stands at 9.435 whereas that against EBITDA is 9.724.
Stock Price History:
The Beta on a monthly basis for VNOM is 1.70, which has changed by 0.5115763 over the last 52 weeks, in comparison to a change of 0.23883796 over the same period for the S&P500. Over the past 52 weeks, VNOM has reached a high of $56.76, while it has fallen to a 52-week low of $29.66. The 50-Day Moving Average of the stock is -8.55%, while the 200-Day Moving Average is calculated to be 3.97%.
Shares Statistics:
For the past three months, VNOM has traded an average of 854.54K shares per day and 947340 over the past ten days. A total of 102.95M shares are outstanding, with a floating share count of 101.91M. Insiders hold about 1.03% of the company’s shares, while institutions hold 99.10% stake in the company. Shares short for VNOM as of 1735603200 were 6321922 with a Short Ratio of 7.40, compared to 1732838400 on 6295593. Therefore, it implies a Short% of Shares Outstanding of 6321922 and a Short% of Float of 7.06.
Dividends & Splits
According to the company, the forward annual dividend rate for VNOM is 1.13, from 1.14 in the trailing year. Against a Trailing Annual Dividend Yield of 0.02391943The stock’s 5-year Average Dividend Yield is 7.03.
