Let’s look at the key reasons that are pushing Matador Resources Co (MTDR) to new highs

Matador Resources Co (NYSE: MTDR) kicked off on Tuesday, up 0.47% from the previous trading day, before settling in for the closing price of $52.81. Over the past 52 weeks, MTDR has traded in a range of $47.15-$71.08.

During the last 5-year period, the sales growth of Energy Sector giant was 36.85%. While this was happening, its average annual earnings per share was recorded 11.34%. With a float of $115.22 million, this company’s outstanding shares have now reached $119.46 million.

Let’s determine the extent of company efficiency that accounts for 395 employees. In terms of profitability, gross margin is 33.75%, operating margin of 42.66%, and the pretax margin is 38.52%.

Matador Resources Co (MTDR) Breakdown of a Key Holders of the stock

Our next focus will be how large-scale investors are participating in this stock of the Oil & Gas E&P Industry. The insider ownership of Matador Resources Co is 7.66%, while institutional ownership is 90.67%. The most recent insider transaction that took place on Oct 30 ’24, was worth 51,330. In this transaction EVP-Production of this company bought 1,000 shares at a rate of $51.33, taking the stock ownership to the 85,935 shares. Before that another transaction happened on Oct 29 ’24, when Company’s Director bought 305 for $50.92, making the entire transaction worth $15,531. This insider now owns 36,087 shares in total.

Matador Resources Co (MTDR) Recent Fiscal highlights

According to the Wall Street analysts, stocks earnings will be around 11.34% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 0.50% 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

Take a look at Matador Resources Co’s (MTDR) current performance indicators. Last quarter, stock had a quick ratio of 0.84. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.99. Likewise, its price to free cash flow for the trailing twelve months is 19.21.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 7.55, a number that is poised to hit 1.89 in the next quarter and is forecasted to reach 8.11 in one year’s time.

Technical Analysis of Matador Resources Co (MTDR)

Looking closely at Matador Resources Co (NYSE: MTDR), its last 5-days average volume was 1.68 million, which is a jump from its year-to-date volume of 1.54 million. As of the previous 9 days, the stock’s Stochastic %D was 68.90%. Additionally, its Average True Range was 1.77.

During the past 100 days, Matador Resources Co’s (MTDR) raw stochastic average was set at 29.94%, which indicates a significant decrease from 82.30% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 25.98% in the past 14 days, which was lower than the 35.50% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $52.05, while its 200-day Moving Average is $58.88. However, in the short run, Matador Resources Co’s stock first resistance to watch stands at $53.53. Second resistance stands at $54.01. The third major resistance level sits at $54.60. If the price goes on to break the first support level at $52.46, it is likely to go to the next support level at $51.87. Now, if the price goes above the second support level, the third support stands at $51.39.

Matador Resources Co (NYSE: MTDR) Key Stats

The company with the Market Capitalisation of 6.62 billion has total of 124,773K Shares Outstanding. Its annual sales at the moment are 2,807 M in contrast with the sum of 846,070 K annual income. Company’s last quarter sales were recorded 899,780 K and last quarter income was 248,290 K.