Diamondback Energy Inc. (NASDAQ: FANG) started the day on November 24, 2021, with a price increase of 3.64% at $114.20. During the day, the stock rose to $114.93 and sunk to $108.50 before settling in for the price of $110.19 at the close. Taking a more long-term approach, FANG posted a 52-week range of $39.30-$117.71.
The company of the Energy sector’s yearbook sales growth during the past 5- year span was recorded 44.50%. Meanwhile, its Annual Earning per share during the time was -27.70%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 229.60%. This publicly-traded company’s shares outstanding now amounts to $181.03 million, simultaneously with a float of $180.26 million. The organization now has a market capitalization sitting at $21.86 billion. At the time of writing, stock’s 50-day Moving Average stood at $104.35, while the 200-day Moving Average is $85.67.
It is imperative to bring your focus towards the efficiency factor of the conglomerate that has a total of 732 employees. It has generated 3,842,896 per worker during the last fiscal year. Meanwhile, its income per employee was -6,170,765. The stock had 5.25 Receivables turnover and 0.14 Total Asset turnover. For the Profitability, stocks gross margin was +22.64, operating margin was +19.37 and Pretax Margin of -205.33.
Diamondback Energy Inc. (FANG) Ownership Facts and Figures
Now let’s turn our focus to how large-scale investors are working with this stock of the Oil & Gas E&P Industry. Diamondback Energy Inc.’s current insider ownership accounts for 0.10%, in contrast to 88.70% institutional ownership. According to the most recent insider trade that took place on Nov 08, this organization’s CAO, Exec. VP, Assist. Sec. sold 5,000 shares at the rate of 116.45, making the entire transaction reach 582,275 in total value, affecting insider ownership by 52,985. Preceding that transaction, on Nov 08, Company’s Director sold 8,500 for 117.43, making the whole transaction’s value amount to 998,193. This particular insider is now the holder of 6,191 in total.
Diamondback Energy Inc. (FANG) Earnings and Revenue Records
In the latest quarterly report released, which was put into the public domain on 9/29/2021, the organization reported $2.94 earnings per share (EPS) for the three months, surpassing the consensus estimate (set at $2.77) by $0.17. This company achieved a net margin of -160.58 while generating a return on equity of -40.98. Wall Street market experts anticipate that the next fiscal year will bring earnings of 4.41 per share during the current fiscal year.
Diamondback Energy Inc.’s EPS increase for this current 12-month fiscal period is 229.60% and is forecasted to reach 17.02 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 56.96% through the next 5 years, which can be compared against the -27.70% growth it accomplished over the previous five years trading on the market.
Diamondback Energy Inc. (NASDAQ: FANG) Trading Performance Indicators
Let’s observe the current performance indicators for Diamondback Energy Inc. (FANG). It’s Quick Ratio in the last reported quarter now stands at 0.70. The Stock has managed to achieve an average true range (ATR) of 4.78. Alongside those numbers, its PE Ratio stands at $59.26, and its Beta score is 2.54. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 3.94. Similarly, its price to free cash flow for trailing twelve months is now 7.60.
In the same vein, FANG’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 1.93, a figure that is expected to reach 3.75 in the next quarter, and analysts are predicting that it will be 17.02 at the market close of one year from today.
Technical Analysis of Diamondback Energy Inc. (FANG)
If we take a close look at the recent performances of Diamondback Energy Inc. (NASDAQ: FANG), its last 5-days Average volume was 2.9 million that shows progress from its year to date volume of 2.68 million. During the previous 9 days, stock’s Stochastic %D was recorded 70.89% While, its Average True Range was 5.09.
Raw Stochastic average of Diamondback Energy Inc. (FANG) in the period of the previous 100 days is set at 93.22%, which indicates a major rise in contrast to 79.27% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 47.02% that was higher than 45.59% volatility it exhibited in the past 100-days period.