On Tuesday, Viper Energy Inc (NASDAQ: VNOM) opened lower -0.59% from the last session, before settling in for the closing price of $52.94. Price fluctuations for VNOM have ranged from $26.69 to $53.25 over the past 52 weeks.
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It was noted that within the last five years, the titan of the Energy sector saw sales topped by 28.75%. Company’s average yearly earnings per share was noted -22.54% at the time writing. 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 -28.3%, operating margin of 70.13%, and the pretax margin is 247.2%.
Viper Energy Inc (VNOM) Insider and Institutional Ownership
A key investor’s attitude towards the stock of the Oil & Gas Midstream industry is another important factor to consider. The insider ownership of Viper Energy Inc is 1.05%, while institutional ownership is 81.63%. 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) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around -22.54% 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
Check out the current performance indicators for Viper Energy Inc (VNOM). In the past quarter, the stock posted a quick ratio of 7.06. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 11.84. Likewise, its price to free cash flow for the trailing twelve months is 29.23.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.34, a number that is poised to hit 0.49 in the next quarter and is forecasted to reach 2.10 in one year’s time.
Technical Analysis of Viper Energy Inc (VNOM)
The latest stats from [Viper Energy Inc, VNOM] show that its last 5-days average volume of 0.95 million was inferior to 1.09 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 66.76%. Additionally, its Average True Range was 1.33.
During the past 100 days, Viper Energy Inc’s (VNOM) raw stochastic average was set at 89.43%, which indicates a significant increase from 51.20% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 19.44% in the past 14 days, which was lower than the 34.06% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $48.57, while its 200-day Moving Average is $40.84. Now, the first resistance to watch is $54.16. This is followed by the second major resistance level at $55.68. The third major resistance level sits at $56.71. If the price goes on to break the first support level at $51.61, it is likely to go to the next support level at $50.58. The third support level lies at $49.06 if the price breaches the second support level.
Viper Energy Inc (NASDAQ: VNOM) Key Stats
There are currently 176,878K shares outstanding in the company with a market cap of 9.84 billion. Presently, the company’s annual sales total 827,700 K according to its annual income of 200,090 K. Last quarter, the company’s sales amounted to 216,710 K and its income totaled 56,900 K.
