Viper Energy Inc (NASDAQ: VNOM) on Monday, soared 3.64% from the previous trading day, before settling in for the closing price of $50.84. Within the past 52 weeks, VNOM’s price has moved between $27.71 and $55.75.
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Energy Sector giant saw their annual sales surged by 28.75% over the last five years. The company achieved an average annual earnings per share of -24.16%. With a float of $101.90 million, this company’s outstanding shares have now reached $102.98 million.
In terms of profitability, gross margin is 76.31%, operating margin of 67.75%, and the pretax margin is 60.69%.
Viper Energy Inc (VNOM) Breakdown of a Key Holders of the stock
Observing investor behavior towards Oil & Gas Midstream industry stocks is more important than anything else. The insider ownership of Viper Energy Inc is 1.05%, while institutional ownership is 98.66%. 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.
Viper Energy Inc (VNOM) Recent Fiscal highlights
As on 9/30/2024, Multinational firm has announced its last quarter scores, in which it reported 0.67 earnings per share (EPS) for the period topping the consensus outlook (set at 0.48) by 0.19. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.52 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -24.16% 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
Viper Energy Inc (VNOM) is currently performing well based on its current performance indicators. A quick ratio of 7.24 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 11.83. Likewise, its price to free cash flow for the trailing twelve months is 16.18.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.34, a number that is poised to hit 0.47 in the next quarter and is forecasted to reach 2.01 in one year’s time.
Technical Analysis of Viper Energy Inc (VNOM)
Analysing the last 5-days average volume posted by the [Viper Energy Inc, VNOM], we can find that recorded value of 0.76 million was lower than the volume posted last year of 1.08 million. As of the previous 9 days, the stock’s Stochastic %D was 15.52%. Additionally, its Average True Range was 1.44.
During the past 100 days, Viper Energy Inc’s (VNOM) raw stochastic average was set at 82.04%, which indicates a significant increase from 36.88% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 31.71% in the past 14 days, which was lower than the 34.52% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $49.67, while its 200-day Moving Average is $41.83. Now, the first resistance to watch is $53.46. This is followed by the second major resistance level at $54.24. The third major resistance level sits at $55.61. If the price goes on to break the first support level at $51.31, it is likely to go to the next support level at $49.94. Now, if the price goes above the second support level, the third support stands at $49.16.
Viper Energy Inc (NASDAQ: VNOM) Key Stats
Market capitalization of the company is 9.83 billion based on 176,878K outstanding shares. Right now, sales total 827,700 K and income totals 200,090 K. The company made 209,590 K in profit during its latest quarter, and 48,920 K in sales during its previous quarter.
