In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
After finishing at $37.62 in the prior trading day, Viper Energy Inc (NASDAQ: VNOM) closed at $37.46, down -0.43%. In other words, the price has decreased by -$0.43 from its previous closing price. On the day, 0.85 million shares were traded. VNOM stock price reached its highest trading level at $38.29 during the session, while it also had its lowest trading level at $37.37.
Ratios:
Our goal is to gain a better understanding of VNOM 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 171.23 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 5.30. For the most recent quarter (mrq), Quick Ratio is recorded 3.46 and its Current Ratio is at 3.46. In the meantime, Its Debt-to-Equity ratio is 1.01 whereas as Long-Term Debt/Eq ratio is at 1.01.
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, Barclays on April 10, 2024, initiated with a Overweight rating and assigned the stock a target price of $44.
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 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.
Warwick Royalty & Mineral Mast sold 9,018,760 shares of VNOM for $258,838,412 on Nov 16 ’23. The 10% Owner now owns 0 shares after completing the transaction at $28.70 per share.
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 6653308416 and an Enterprise Value of 6282867712. As of this moment, Viper’s Price-to-Earnings (P/E) ratio for their current fiscal year is 13.74, and their Forward P/E ratio for the next fiscal year is 17.31. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.74. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.50 while its Price-to-Book (P/B) ratio in mrq is 3.17. Its current Enterprise Value per Revenue stands at 7.593 whereas that against EBITDA is 8.048.
Stock Price History:
Over the past 52 weeks, VNOM has reached a high of $41.22, while it has fallen to a 52-week low of $23.97. The 50-Day Moving Average of the stock is -0.89%, while the 200-Day Moving Average is calculated to be 19.35%.
Shares Statistics:
The stock has traded on average 1.10M shares per day over the past 3-months and 805850 shares per day over the last 10 days, according to various share statistics. A total of 86.14M shares are outstanding, with a floating share count of 85.82M. Insiders hold about 6.12% of the company’s shares, while institutions hold 68.93% stake in the company. Shares short for VNOM as of 1713139200 were 3300434 with a Short Ratio of 3.01, compared to 1710460800 on 2055486. Therefore, it implies a Short% of Shares Outstanding of 3300434 and a Short% of Float of 4.24.
Dividends & Splits
In the trailing 12 months, VNOM’s forward annual dividend rate was 0.82, compared to 1.06 this year. Against a Trailing Annual Dividend Yield of 0.021796918The stock’s 5-year Average Dividend Yield is 7.32.
