As on May 25, 2023, Diamondback Energy Inc. (NASDAQ: FANG) started slowly as it slid -2.52% to $131.00. During the day, the stock rose to $131.62 and sunk to $129.45 before settling in for the price of $134.38 at the close. Taking a more long-term approach, FANG posted a 52-week range of $99.47-$164.90.
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The Energy Sector giants’ yearly sales growth during the last 5-year period was 51.60%. Meanwhile, its Annual Earning per share during the time was 34.30%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 100.00%. This publicly-traded company’s shares outstanding now amounts to $181.99 million, simultaneously with a float of $175.17 million. The organization now has a market capitalization sitting at $23.45 billion. At the time of writing, stock’s 50-day Moving Average stood at $134.88, while the 200-day Moving Average is $139.25.
Let’s gauge the efficiency of the firm, which has a total of 972 employees. It has generated 9,920,782 per worker during the last fiscal year. Meanwhile, its income per employee was 4,469,136. The stock had 11.50 Receivables turnover and 0.39 Total Asset turnover. For the Profitability, stocks gross margin was +70.29, operating margin was +67.63 and Pretax Margin of +59.48.
Diamondback Energy Inc. (FANG) Ownership Facts and Figures
Another important factor to analyze is how key investors are playing towards the stock of the Oil & Gas E&P industry. Diamondback Energy Inc.’s current insider ownership accounts for 0.20%, in contrast to 98.10% institutional ownership. According to the most recent insider trade that took place on Dec 21, this organization’s Exec. VP, Gen Counsel and Sec sold 2,012 shares at the rate of 136.96, making the entire transaction reach 275,562 in total value, affecting insider ownership by 23,623. Preceding that transaction, on Jun 07, Company’s President & CFO sold 6,000 for 160.00, making the whole transaction’s value amount to 960,000. This particular insider is now the holder of 61,334 in total.
Diamondback Energy Inc. (FANG) Earnings and Revenue Records
If we go through the results of last quarter, which was made public on 3/30/2023, the company posted $4.1 earnings per share (EPS) for the quarter, coming under the agreed prediction (set at $4.33) by -$0.23. This company achieved a net margin of +45.05 while generating a return on equity of 32.06. Wall Street market experts anticipate that the next fiscal year will bring earnings of 4.71 per share during the current fiscal year.
Diamondback Energy Inc.’s EPS increase for this current 12-month fiscal period is 100.00% and is forecasted to reach 20.86 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will decrease by -0.73% through the next 5 years, which can be compared against the 34.30% 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 0.60. The Stock has managed to achieve an average true range (ATR) of 3.92. Alongside those numbers, its PE Ratio stands at $5.40, and its Beta score is 2.04. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 2.56.
In the same vein, FANG’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 24.27, a figure that is expected to reach 4.57 in the next quarter, and analysts are predicting that it will be 20.86 at the market close of one year from today.
Technical Analysis of Diamondback Energy Inc. (FANG)
Through scrutinizing the latest numbers posted by the [Diamondback Energy Inc., FANG], it can be observed that its last 5-days Average volume of 1.49 million was lower the volume of 2.22 million, it posted the year before. During the previous 9 days, stock’s Stochastic %D was recorded 78.67% While, its Average True Range was 3.76.
Raw Stochastic average of Diamondback Energy Inc. (FANG) in the period of the previous 100 days is set at 35.49%, which indicates a major fall in contrast to 52.35% 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 25.68% that was lower than 37.68% volatility it exhibited in the past 100-days period.
