Matador Resources Company (NYSE: MTDR) kicked off on May 22, 2023, at the price of $45.40, up 3.57% from the previous trading day. During the day, the shares moved up to $47.45 and dropped to $45.35 before settling in for the closing price of $45.34. Over the past 52 weeks, MTDR has traded in a range of $41.17-$73.78.
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It was noted that within the last five years, the titan of the Energy sector saw sales topped by 41.20%. While this was happening, its average annual earnings per share was recorded 105.90%. With a float of $111.12 million, this company’s outstanding shares have now reached $119.03 million.
The extent of productivity of a business whose workforce counts for 360 workers is very important to gauge. In terms of profitability, gross margin is +63.01, operating margin of +59.37, and the pretax margin is +52.73.
Matador Resources Company (MTDR) Insider Updates
Our next focus will be how large-scale investors are participating in this stock of the Oil & Gas E&P Industry. The insider ownership of Matador Resources Company is 0.20%, while institutional ownership is 92.80%. The most recent insider transaction that took place on May 04, was worth 84,800. In this transaction Chairman and CEO of this company bought 2,000 shares at a rate of $42.40, taking the stock ownership to the 175,468 shares. Before that another transaction happened on Mar 16, when Company’s Director bought 4,500 for $43.52, making the entire transaction worth $195,840. This insider now owns 71,636 shares in total.
Matador Resources Company (MTDR) Performance Highlights and Predictions
In the latest quarterly report, which was put into the public domain on 3/30/2023, the organization reported $1.5 earnings per share (EPS), higher than consensus estimate (set at $1.33) by $0.17. This company achieved a net margin of +37.98 while generating a return on equity of 48.39. Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.86 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 105.90% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 10.40% during the next five years compared to 42.30% growth over the previous five years of trading.
Matador Resources Company (NYSE: MTDR) Trading Performance Indicators
Take a look at Matador Resources Company’s (MTDR) current performance indicators. Last quarter, stock had a quick ratio of 1.60. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.81. Likewise, its price to free cash flow for the trailing twelve months is 5.16.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 9.74, a number that is poised to hit 1.59 in the next quarter and is forecasted to reach 9.33 in one year’s time.
Technical Analysis of Matador Resources Company (MTDR)
The latest stats from [Matador Resources Company, MTDR] show that its last 5-days average volume of 1.12 million was inferior to 1.31 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 77.77%. Additionally, its Average True Range was 1.88.
During the past 100 days, Matador Resources Company’s (MTDR) raw stochastic average was set at 17.98%, which indicates a significant decrease from 90.94% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 42.79% in the past 14 days, which was lower than the 51.46% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $47.38, while its 200-day Moving Average is $57.02. Now, the first resistance to watch is $47.82. This is followed by the second major resistance level at $48.69. The third major resistance level sits at $49.92. If the price goes on to break the first support level at $45.72, it is likely to go to the next support level at $44.49. Assuming the price breaks the second support level, the third support level stands at $43.62.
Matador Resources Company (NYSE: MTDR) Key Stats
The company with the Market Capitalisation of 5.52 billion has total of 119,184K Shares Outstanding. Its annual sales at the moment are 3,058 M in contrast with the sum of 1,214 M annual income. Company’s last quarter sales were recorded 560,280 K and last quarter income was 163,130 K.
