On Friday, Diamondback Energy Inc (NASDAQ: FANG) was 1.92% up from the session before settling in for the closing price of $180.91. A 52-week range for FANG has been $142.17 – $212.93.
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Energy Sector giant saw their annual sales surged by 44.77% over the last five years. When this article was written, the company’s average yearly earnings per share was at -4.63%. With a float of $191.31 million, this company’s outstanding shares have now reached $294.74 million.
The firm has a total of 1023 workers. Let’s measure their productivity. In terms of profitability, gross margin is 62.98%, operating margin of 37.88%, and the pretax margin is 50.96%.
Diamondback Energy Inc (FANG) Breakdown of a Key Holders of the stock
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Diamondback Energy Inc stocks. The insider ownership of Diamondback Energy Inc is 35.09%, while institutional ownership is 55.61%. The most recent insider transaction that took place on Sep 23 ’24, was worth 2,313,665,629. In this transaction 10% Owner of this company sold 13,212,830 shares at a rate of $175.11, taking the stock ownership to the 1,037,819 shares. Before that another transaction happened on Aug 09 ’24, when Company’s CAO, Exec. VP, Assist. Sec. sold 5,000 for $200.00, making the entire transaction worth $1,000,000. This insider now owns 88,953 shares in total.
Diamondback Energy Inc (FANG) Recent Fiscal highlights
Going through the last 3-months fiscal report unveiled on the 6/30/2024, it has been observed that the corporation posted 5.49 earnings per share (EPS) during the time that was better than consensus figure (set at 5.01) by 0.48. Wall Street market experts anticipate that the next fiscal year will bring earnings of 4.12 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -4.63% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 4.00% during the next five years compared to 16.56% growth over the previous five years of trading.
Diamondback Energy Inc (NASDAQ: FANG) Trading Performance Indicators
You can see what Diamondback Energy Inc (FANG) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 3.64. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 5.86. Likewise, its price to free cash flow for the trailing twelve months is 16.64.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 19.35, a number that is poised to hit 4.03 in the next quarter and is forecasted to reach 17.16 in one year’s time.
Technical Analysis of Diamondback Energy Inc (FANG)
Analysing the last 5-days average volume posted by the [Diamondback Energy Inc, FANG], we can find that recorded value of 1.43 million was lower than the volume posted last year of 1.73 million. As of the previous 9 days, the stock’s Stochastic %D was 28.31%. Additionally, its Average True Range was 4.90.
During the past 100 days, Diamondback Energy Inc’s (FANG) raw stochastic average was set at 35.45%, which indicates a significant increase from 26.23% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 31.14% in the past 14 days, which was lower than the 31.19% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $184.90, while its 200-day Moving Average is $188.24. Now, the first resistance to watch is $185.31. This is followed by the second major resistance level at $186.24. The third major resistance level sits at $187.97. If the price goes on to break the first support level at $182.65, it is likely to go to the next support level at $180.92. Now, if the price goes above the second support level, the third support stands at $179.99.
Diamondback Energy Inc (NASDAQ: FANG) Key Stats
There are 178,344K outstanding shares of the company, which has a market capitalization of 54.34 billion. As of now, sales total 8,412 M while income totals 3,143 M. Its latest quarter income was 2,483 M while its last quarter net income were 837,000 K.
