On Monday, Matador Resources Co (NYSE: MTDR) was -1.56% drop from the session before settling in for the closing price of $50.66. A 52-week range for MTDR has been $50.16 – $71.08.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Energy sector was 36.85%. When this article was written, the company’s average yearly earnings per share was at 18.97%. With a float of $115.27 million, this company’s outstanding shares have now reached $119.46 million.
Considering the fact that the conglomerate employs 395 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 46.53%, operating margin of 42.84%, and the pretax margin is 37.96%.
Matador Resources Co (MTDR) Insider Activity
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 7.65%, while institutional ownership is 91.47%. The most recent insider transaction that took place on Sep 06 ’24, was worth 25,125. In this transaction EVP, Chief Accounting Officer of this company bought 500 shares at a rate of $50.25, taking the stock ownership to the 29,800 shares. Before that another transaction happened on Sep 06 ’24, when Company’s EVP, GC and Head of M&A bought 1,000 for $50.35, making the entire transaction worth $50,350. This insider now owns 2,750 shares in total.
Matador Resources Co (MTDR) Earnings and Forecasts
Going through the last 3-months fiscal report unveiled on the 6/30/2024, it has been observed that the corporation posted 1.86 earnings per share (EPS) during the time that was better than consensus figure (set at 1.65) by 0.21. Wall Street market experts anticipate that the next fiscal year will bring earnings of 2.4 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 18.97% 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 0.82. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.92. Likewise, its price to free cash flow for the trailing twelve months is 31.77.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 7.76, a number that is poised to hit 1.95 in the next quarter and is forecasted to reach 9.68 in one year’s time.
Technical Analysis of Matador Resources Co (MTDR)
Compared to the last year’s volume of 1.51 million, its volume of 1.82 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 3.15%. Additionally, its Average True Range was 1.79.
During the past 100 days, Matador Resources Co’s (MTDR) raw stochastic average was set at 0.95%, which indicates a significant decrease from 1.76% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 32.81% in the past 14 days, which was lower than the 33.85% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $58.12, while its 200-day Moving Average is $59.80. Nevertheless, the first resistance level for the watch stands at $50.60 in the near term. At $51.33, the stock is likely to face the second major resistance level. The third major resistance level sits at $51.78. If the price goes on to break the first support level at $49.42, it is likely to go to the next support level at $48.97. Should the price break the second support level, the third support level stands at $48.24.
Matador Resources Co (NYSE: MTDR) Key Stats
There are 124,780K outstanding shares of the company, which has a market capitalization of 6.22 billion. As of now, sales total 2,807 M while income totals 846,070 K. Its latest quarter income was 847,140 K while its last quarter net income were 228,770 K.
