A new trading day began on Tuesday, with Matador Resources Co (NYSE: MTDR) stock price down -0.95% from the previous day of trading, before settling in for the closing price of $67.60. MTDR’s price has ranged from $42.04 to $71.08 over the past 52 weeks.
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Energy Sector giant saw their annual sales surged by 36.85% over the last five years. Meanwhile, its annual earnings per share averaged 7.47%. With a float of $114.53 million, this company’s outstanding shares have now reached $119.46 million.
The firm has a total of 395 workers. Let’s measure their productivity.
Matador Resources Co (MTDR) Insider Activity
As we move forward, let’s examine how large-scale investors are investing in this stock of the Oil & Gas E&P Industry. The insider ownership of Matador Resources Co is 8.21%, while institutional ownership is 88.52%. The most recent insider transaction that took place on Dec 13 ’23, was worth 26,490. In this transaction Director of this company bought 500 shares at a rate of $52.98, taking the stock ownership to the 54,708 shares. Before that another transaction happened on Dec 12 ’23, when Company’s Director bought 5,000 for $52.13, making the entire transaction worth $260,650. This insider now owns 79,257 shares in total.
Matador Resources Co (MTDR) Earnings and Forecasts
Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.80 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 7.47% 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 23.93% growth over the previous five years of trading.
Matador Resources Co (NYSE: MTDR) Trading Performance Indicators
Here are Matador Resources Co’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 0.98. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.97. Likewise, its price to free cash flow for the trailing twelve months is 26.27.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 7.05, a number that is poised to hit 1.54 in the next quarter and is forecasted to reach 8.25 in one year’s time.
Technical Analysis of Matador Resources Co (MTDR)
Analysing the last 5-days average volume posted by the [Matador Resources Co, MTDR], we can find that recorded value of 1.68 million was better than the volume posted last year of 1.38 million. As of the previous 9 days, the stock’s Stochastic %D was 28.76%. Additionally, its Average True Range was 1.74.
During the past 100 days, Matador Resources Co’s (MTDR) raw stochastic average was set at 78.72%, which indicates a significant increase from 37.39% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 21.36% in the past 14 days, which was lower than the 28.11% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $63.72, while its 200-day Moving Average is $59.29. Now, the first resistance to watch is $67.93. This is followed by the second major resistance level at $68.91. The third major resistance level sits at $70.09. If the price goes on to break the first support level at $65.77, it is likely to go to the next support level at $64.59. Should the price break the second support level, the third support level stands at $63.61.
Matador Resources Co (NYSE: MTDR) Key Stats
With a market capitalization of 8.36 billion, the company has a total of 119,520K Shares Outstanding. Currently, annual sales are 2,807 M while annual income is 846,070 K. The company’s previous quarter sales were 836,130 K while its latest quarter income was 254,540 K.
