In the quest to outshine the broader market, stock pickers diligently seek out stocks with the potential for superior performance. Making the right choices can significantly elevate your wealth.
As of close of business last night, Sable Offshore Corp’s stock clocked out at $21.98, down -4.10% from its previous closing price of $22.92. In other words, the price has decreased by -$4.10 from its previous closing price. On the day, 3.5 million shares were traded. SOC stock price reached its highest trading level at $22.98 during the session, while it also had its lowest trading level at $21.92.
Ratios:
To gain a deeper understanding of SOC’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.57 and its Current Ratio is at 1.67. In the meantime, Its Debt-to-Equity ratio is 3.04 whereas as Long-Term Debt/Eq ratio is at 3.04.
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, ROTH MKM on March 27, 2025, initiated with a Buy rating and assigned the stock a target price of $30.
On November 05, 2024, Johnson Rice started tracking the stock assigning a Buy rating and target price of $30.Johnson Rice initiated its Buy rating on November 05, 2024, with a $30 target price.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Apr 17 ’25 when Pilgrim Global ICAV sold 143,806 shares for $25.37 per share. The transaction valued at 3,648,358 led to the insider holds 10,100,569 shares of the business.
Pilgrim Global ICAV bought 750,000 shares of SOC for $15,000,000 on Sep 19 ’24. The 10% Owner now owns 8,791,001 shares after completing the transaction at $20.00 per share. On Aug 27 ’24, another insider, Pilgrim Global ICAV, who serves as the 10% Owner of the company, bought 41,000 shares for $15.45 each. As a result, the insider paid 633,450 and bolstered with 8,041,001 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, SOC now has a Market Capitalization of 2185106432 and an Enterprise Value of 2649102592.
Stock Price History:
The Beta on a monthly basis for SOC is 0.60, which has changed by 0.40268028 over the last 52 weeks, in comparison to a change of 0.12632763 over the same period for the S&P500. Over the past 52 weeks, SOC has reached a high of $35.00, while it has fallen to a 52-week low of $13.66. The 50-Day Moving Average of the stock is -8.50%, while the 200-Day Moving Average is calculated to be -6.75%.
Shares Statistics:
It appears that SOC traded 2.47M shares on average per day over the past three months and 2483310 shares per day over the past ten days. A total of 89.34M shares are outstanding, with a floating share count of 74.94M. Insiders hold about 23.61% of the company’s shares, while institutions hold 55.06% stake in the company. Shares short for SOC as of 1749772800 were 10171082 with a Short Ratio of 4.12, compared to 1747267200 on 13863699. Therefore, it implies a Short% of Shares Outstanding of 10171082 and a Short% of Float of 15.83.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
Earnings Estimates
The dynamic stock of Sable Offshore Corp (SOC) is currently being evaluated by a team of 4.0 analysts, each contributing to its current rating.The consensus estimate for the next quarter is $0.65, with high estimates of $1.1 and low estimates of $0.24.
Analysts are recommending an EPS of between -$0.13 and -$1.39 for the fiscal current year, implying an average EPS of -$0.69. EPS for the following year is $3.9, with 4.0 analysts recommending between $4.36 and $3.25.
Revenue Estimates
For the next quarter, 2 analysts are estimating revenue of $190M. There is a high estimate of $250M for the next quarter, whereas the lowest estimate is $116.8M.
Based on 3 analysts’ estimates, the company’s revenue will be $1.06B in the next fiscal year. The high estimate is $1.11B and the low estimate is $1.03B.
