On Tuesday, Matador Resources Co (NYSE: MTDR) was 0.71% up from the session before settling in for the closing price of $64.68. A 52-week range for MTDR has been $42.04 – $71.08.
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Annual sales at Energy sector company grew by 36.85% over the past five years. When this article was written, the company’s average yearly earnings per share was at 10.12%. With a float of $114.53 million, this company’s outstanding shares have now reached $119.46 million.
Let’s look at the performance matrix of the company that is accounted for 395 employees.
Matador Resources Co (MTDR) Insider Updates
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Matador Resources Co stocks. The insider ownership of Matador Resources Co is 8.21%, while institutional ownership is 88.53%. 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) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around 10.12% 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
You can see what Matador Resources Co (MTDR) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 0.98. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.88. Likewise, its price to free cash flow for the trailing twelve months is 25.56.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 7.05, a number that is poised to hit 1.78 in the next quarter and is forecasted to reach 8.46 in one year’s time.
Technical Analysis of Matador Resources Co (MTDR)
Matador Resources Co (NYSE: MTDR) saw its 5-day average volume 1.51 million, a positive change from its year-to-date volume of 1.39 million. As of the previous 9 days, the stock’s Stochastic %D was 13.31%. Additionally, its Average True Range was 1.78.
During the past 100 days, Matador Resources Co’s (MTDR) raw stochastic average was set at 69.32%, which indicates a significant increase from 20.38% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 18.44% in the past 14 days, which was lower than the 28.27% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $64.80, while its 200-day Moving Average is $59.62. Nevertheless, the first resistance level for the watch stands at $65.91 in the near term. At $66.69, the stock is likely to face the second major resistance level. The third major resistance level sits at $67.83. If the price goes on to break the first support level at $63.99, it is likely to go to the next support level at $62.85. Assuming the price breaks the second support level, the third support level stands at $62.07.
Matador Resources Co (NYSE: MTDR) Key Stats
There are 119,520K outstanding shares of the company, which has a market capitalization of 8.13 billion. As of now, sales total 2,807 M while income totals 846,070 K. Its latest quarter income was 836,130 K while its last quarter net income were 254,540 K.
