After finishing at $68.55 in the prior trading day, Matador Resources Co (NYSE: MTDR) closed at $65.11, down -5.02%. In other words, the price has decreased by -$3.44 from its previous closing price. On the day, 4252893 shares were traded.
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Ratios:
Our goal is to gain a better understanding of MTDR by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 73.21 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 24.47. For the most recent quarter (mrq), Quick Ratio is recorded 0.98 and its Current Ratio is at 1.04. In the meantime, Its Debt-to-Equity ratio is 0.58 whereas as Long-Term Debt/Eq ratio is at 0.57.
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 this company, Wells Fargo on November 15, 2023, initiated with a Overweight rating and assigned the stock a target price of $73.
On August 16, 2023, Mizuho Upgraded its rating to Buy which previously was Neutral and also upped its target price recommendation from $66 to $78.
On January 10, 2023, Mizuho started tracking the stock assigning a Neutral rating and target price of $70.Mizuho initiated its Neutral rating on January 10, 2023, with a $70 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 Dec 13 ’23 when Appel Shelley F bought 500 shares for $52.98 per share. The transaction valued at 26,490 led to the insider holds 54,708 shares of the business.
PARKER TIMOTHY E. bought 5,000 shares of MTDR for $260,650 on Dec 12 ’23. The Director now owns 79,257 shares after completing the transaction at $52.13 per share. On Dec 12 ’23, another insider, Ehrman Monika U, who serves as the Director of the company, bought 200 shares for $52.23 each. As a result, the insider paid 10,446 and bolstered with 33,249 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 7.78B and an Enterprise Value of 9.94B. As of this moment, Matador’s Price-to-Earnings (P/E) ratio for their current fiscal year is 9.23, and their Forward P/E ratio for the next fiscal year is 7.87. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.89. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.76 while its Price-to-Book (P/B) ratio in mrq is 1.99. Its current Enterprise Value per Revenue stands at 3.53 whereas that against EBITDA is 5.14.
Stock Price History:
Over the past 52 weeks, MTDR has reached a high of $69.40, while it has fallen to a 52-week low of $42.04. The 50-Day Moving Average of the stock is 59.84, while the 200-Day Moving Average is calculated to be 58.02.
Shares Statistics:
The stock has traded on average 1.22M shares per day over the past 3-months and 1.56M shares per day over the last 10 days, according to various share statistics. A total of 119.46M shares are outstanding, with a floating share count of 109.70M. Insiders hold about 8.21% of the company’s shares, while institutions hold 92.47% stake in the company. Shares short for MTDR as of Feb 29, 2024 were 9.05M with a Short Ratio of 7.42, compared to 10.23M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 7.57% and a Short% of Float of 9.17%.
Dividends & Splits
In the trailing 12 months, MTDR’s forward annual dividend rate was 0.65, compared to 0.70 this year. Against a Trailing Annual Dividend Yield of 0.95%, it implies a Forward Annual Dividend Yield of 1.23%.
Earnings Estimates
Its stock is currently analyzed by 13 different market analysts. On average, analysts expect EPS of $1.49 for the current quarter, with a high estimate of $1.91 and a low estimate of $1.25, while EPS last year was $1.5. The consensus estimate for the next quarter is $1.69, with high estimates of $2.05 and low estimates of $1.44.
Analysts are recommending an EPS of between $8.7 and $6.04 for the fiscal current year, implying an average EPS of $7.05. EPS for the following year is $8.25, with 12 analysts recommending between $13.49 and $5.67.
Revenue Estimates
8 analysts predict $740.47M in revenue for the current quarter. It ranges from a high estimate of $822M to a low estimate of $696M. As of the current estimate, Matador Resources Co’s year-ago sales were $530.58M, an estimated increase of 39.60% from the year-ago figure.
A total of 8 analysts have provided revenue estimates for MTDR’s current fiscal year. The highest revenue estimate was $3.69B, while the lowest revenue estimate was $2.99B, resulting in an average revenue estimate of $3.25B. In the same quarter a year ago, actual revenue was $2.81B, up 15.70% from the average estimate. Based on 7 analysts’ estimates, the company’s revenue will be $3.65B in the next fiscal year. The high estimate is $4.66B and the low estimate is $3.2B. The average revenue growth estimate for next year is up 12.20% from the average revenue estimate for this year.
