Diamondback Energy Inc (NASDAQ: FANG) kicked off on Friday, down -3.19% from the previous trading day, before settling in for the closing price of $182.42. Over the past 52 weeks, FANG has traded in a range of $142.17-$212.93.
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Energy Sector giant saw their annual sales surged by 44.77% over the last five years. While this was happening, its average annual earnings per share was recorded -10.61%. With a float of $189.20 million, this company’s outstanding shares have now reached $291.99 million.
The firm has a total of 1023 workers. Let’s measure their productivity. In terms of profitability, gross margin is 62.85%, operating margin of 46.62%, and the pretax margin is 45.66%.
Diamondback Energy Inc (FANG) 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 Diamondback Energy Inc is 35.20%, while institutional ownership is 59.33%. The most recent insider transaction that took place on Nov 13 ’24, was worth 208,150. In this transaction Director of this company sold 1,150 shares at a rate of $181.00, taking the stock ownership to the 4,712 shares. Before that another transaction happened on Nov 13 ’24, when Company’s Director sold 240 for $181.00, making the entire transaction worth $43,440. This insider now owns 9,236 shares in total.
Diamondback Energy Inc (FANG) Recent Fiscal highlights
In the latest quarterly report, which was put into the public domain on 9/30/2024, the organization reported 4.74 earnings per share (EPS), higher than consensus estimate (set at 4.65) by 0.09. Wall Street market experts anticipate that the next fiscal year will bring earnings of 3.77 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -10.61% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 9.00% 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
Take a look at Diamondback Energy Inc’s (FANG) current performance indicators. Last quarter, stock had a quick ratio of 0.42. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 5.21. Likewise, its price to free cash flow for the trailing twelve months is 16.04.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 17.46, a number that is poised to hit 3.63 in the next quarter and is forecasted to reach 15.54 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 1.91 million was better than the volume posted last year of 1.75 million. As of the previous 9 days, the stock’s Stochastic %D was 55.51%. Additionally, its Average True Range was 4.97.
During the past 100 days, Diamondback Energy Inc’s (FANG) raw stochastic average was set at 18.77%, which indicates a significant decrease from 23.86% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 29.61% in the past 14 days, which was lower than the 32.23% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $181.16, while its 200-day Moving Average is $190.20. Now, the first resistance to watch is $181.73. This is followed by the second major resistance level at $186.85. The third major resistance level sits at $189.72. If the price goes on to break the first support level at $173.74, it is likely to go to the next support level at $170.87. Now, if the price goes above the second support level, the third support stands at $165.75.
Diamondback Energy Inc (NASDAQ: FANG) Key Stats
The company with the Market Capitalisation of 49.92 billion has total of 291,989K Shares Outstanding. Its annual sales at the moment are 8,412 M in contrast with the sum of 3,143 M annual income. Company’s last quarter sales were recorded 2,645 M and last quarter income was 659,000 K.
