A new trading day began on Tuesday, with Matador Resources Co (NYSE: MTDR) stock price down -0.07% from the previous day of trading, before settling in for the closing price of $57.28. MTDR’s price has ranged from $47.15 to $71.08 over the past 52 weeks.
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A company in the Energy sector has jumped its sales by 36.85% annually for the last half of the decade. Meanwhile, its annual earnings per share averaged 11.34%. With a float of $115.22 million, this company’s outstanding shares have now reached $119.46 million.
In an organization with 395 employees, it is important to assess its efficiency. 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) Insider Updates
As we move forward, let’s examine how large-scale investors are investing in this stock of the Oil & Gas E&P Industry. The insider ownership of Matador Resources Co is 7.66%, while institutional ownership is 92.26%. 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) Performance Highlights and Predictions
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
Here are Matador Resources Co’s current performance indicators. According to the last quarter’s results, the 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 2.14. Likewise, its price to free cash flow for the trailing twelve months is 20.72.
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)
Let’s dig in a bit further. During the last 5-days, its volume was 1.44 million. That was inferior than the volume of 1.54 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 84.34%. Additionally, its Average True Range was 1.80.
During the past 100 days, Matador Resources Co’s (MTDR) raw stochastic average was set at 51.11%, which indicates a significant decrease from 88.00% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 38.47% in the past 14 days, which was higher than the 37.43% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $52.10, while its 200-day Moving Average is $58.93. However, in the short run, Matador Resources Co’s stock first resistance to watch stands at $57.90. Second resistance stands at $58.56. The third major resistance level sits at $58.94. If the price goes on to break the first support level at $56.86, it is likely to go to the next support level at $56.48. Assuming the price breaks the second support level, the third support level stands at $55.82.
Matador Resources Co (NYSE: MTDR) Key Stats
With a market capitalization of 7.14 billion, the company has a total of 124,773K Shares Outstanding. Currently, annual sales are 2,807 M while annual income is 846,070 K. The company’s previous quarter sales were 899,780 K while its latest quarter income was 248,290 K.
