Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
As of close of business last night, Matador Resources Co’s stock clocked out at $65.14, up 0.71% from its previous closing price of $64.68. In other words, the price has increased by $0.71 from its previous closing price. On the day, 1.41 million shares were traded. MTDR stock price reached its highest trading level at $65.535 during the session, while it also had its lowest trading level at $63.62.
Ratios:
To gain a deeper understanding of MTDR’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 76.46 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 25.56. 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:
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 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 8128168960 and an Enterprise Value of 10151205888. 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 7.70. 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 2.88 while its Price-to-Book (P/B) ratio in mrq is 1.99. Its current Enterprise Value per Revenue stands at 3.878 whereas that against EBITDA is 5.26.
Stock Price History:
Over the past 52 weeks, MTDR has reached a high of $71.08, while it has fallen to a 52-week low of $42.04. The 50-Day Moving Average of the stock is 0.85%, while the 200-Day Moving Average is calculated to be 9.39%.
Shares Statistics:
It appears that MTDR traded 1.45M shares on average per day over the past three months and 1595260 shares per day over the past ten days. A total of 119.46M shares are outstanding, with a floating share count of 114.53M. Insiders hold about 8.21% of the company’s shares, while institutions hold 88.53% stake in the company. Shares short for MTDR as of 1711584000 were 9857685 with a Short Ratio of 6.79, compared to 1709164800 on 9053401. Therefore, it implies a Short% of Shares Outstanding of 9857685 and a Short% of Float of 9.4799995.
Dividends & Splits
With its trailing 12-month dividend rate of 0.65, MTDR has a forward annual dividend rate of 0.70. Against a Trailing Annual Dividend Yield of 0.0100494735
Earnings Estimates
The dynamic stock of Matador Resources Co (MTDR) is currently attracting attention from 13.0 analysts actively involved in rating its market status.On average, analysts expect EPS of $1.5 for the current quarter, with a high estimate of $1.67 and a low estimate of $1.26, while EPS last year was $1.5. The consensus estimate for the next quarter is $1.74, with high estimates of $2.02 and low estimates of $1.41.
Analysts are recommending an EPS of between $8.27 and $6.26 for the fiscal current year, implying an average EPS of $7.25. EPS for the following year is $8.31, with 13.0 analysts recommending between $12.03 and $7.02.
Revenue Estimates
In the current quarter, 8 analysts expect revenue to total $741.22M. It ranges from a high estimate of $800M to a low estimate of $717M. As of the current estimate, Matador Resources Co’s year-ago sales were $530.58MFor the next quarter, 8 analysts are estimating revenue of $793.3M. There is a high estimate of $829M for the next quarter, whereas the lowest estimate is $735M.
A total of 8 analysts have provided revenue estimates for MTDR’s current fiscal year. The highest revenue estimate was $3.61B, while the lowest revenue estimate was $2.99B, resulting in an average revenue estimate of $3.28B. In the same quarter a year ago, actual revenue was $2.81BBased on 8 analysts’ estimates, the company’s revenue will be $3.66B in the next fiscal year. The high estimate is $4.52B and the low estimate is $3.2B.
