A new trading day began on Friday, with Viper Energy Inc (NASDAQ: VNOM) stock price down -1.19% from the previous day of trading, before settling in for the closing price of $51.91. VNOM’s price has ranged from $26.69 to $52.32 over the past 52 weeks.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
Energy Sector giant saw their annual sales surged by 28.75% over the last five years. Meanwhile, its annual earnings per share averaged -26.41%. With a float of $100.38 million, this company’s outstanding shares have now reached $101.45 million.
In terms of profitability, gross margin is 74.86%, operating margin of 73.16%, and the pretax margin is 66.28%.
Viper Energy Inc (VNOM) Insider Activity
As we move forward, let’s examine how large-scale investors are investing in this stock of the Oil & Gas Midstream Industry. The insider ownership of Viper Energy Inc is 1.05%, while institutional ownership is 80.89%. The most recent insider transaction that took place on Mar 08 ’24, was worth 451,303,125. In this transaction Director of this company sold 13,225,000 shares at a rate of $34.12, taking the stock ownership to the 0 shares. Before that another transaction happened on Nov 16 ’23, when Company’s 10% Owner sold 9,018,760 for $28.70, making the entire transaction worth $258,838,412. This insider now owns 0 shares in total.
Viper Energy Inc (VNOM) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around -26.41% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 40.26% during the next five years compared to 6.03% growth over the previous five years of trading.
Viper Energy Inc (NASDAQ: VNOM) Trading Performance Indicators
Here are Viper Energy Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 7.06. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 6.36. Likewise, its price to free cash flow for the trailing twelve months is 8.08.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.92, a number that is poised to hit 0.47 in the next quarter and is forecasted to reach 2.11 in one year’s time.
Technical Analysis of Viper Energy Inc (VNOM)
Analysing the last 5-days average volume posted by the [Viper Energy Inc, VNOM], we can find that recorded value of 0.65 million was lower than the volume posted last year of 1.11 million. As of the previous 9 days, the stock’s Stochastic %D was 72.18%. Additionally, its Average True Range was 1.38.
During the past 100 days, Viper Energy Inc’s (VNOM) raw stochastic average was set at 93.89%, which indicates a significant increase from 86.58% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 31.24% in the past 14 days, which was lower than the 35.10% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $47.31, while its 200-day Moving Average is $39.58. Now, the first resistance to watch is $51.78. This is followed by the second major resistance level at $52.28. The third major resistance level sits at $52.55. If the price goes on to break the first support level at $51.01, it is likely to go to the next support level at $50.74. Should the price break the second support level, the third support level stands at $50.24.
Viper Energy Inc (NASDAQ: VNOM) Key Stats
With a market capitalization of 5.20 billion, the company has a total of 176,854K Shares Outstanding. Currently, annual sales are 827,700 K while annual income is 200,090 K. The company’s previous quarter sales were 216,710 K while its latest quarter income was 56,900 K.
