On Tuesday, Diamondback Energy Inc (NASDAQ: FANG) was 0.04% up from the session before settling in for the closing price of $177.61. A 52-week range for FANG has been $144.34 – $212.93.
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A company in the Energy sector has jumped its sales by 35.42% annually for the last half of the decade. When this article was written, the company’s average yearly earnings per share was at -13.23%. With a float of $188.33 million, this company’s outstanding shares have now reached $292.74 million.
In an organization with 1023 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 62.85%, operating margin of 43.92%, and the pretax margin is 45.66%.
Diamondback Energy Inc (FANG) Insider Updates
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Diamondback Energy Inc stocks. The insider ownership of Diamondback Energy Inc is 35.50%, while institutional ownership is 59.27%. The most recent insider transaction that took place on Dec 16 ’24, was worth 975,960. In this transaction Director of this company bought 6,000 shares at a rate of $162.66, taking the stock ownership to the 12,135 shares. Before that another transaction happened on Dec 13 ’24, when Company’s President & CFO sold 4,000 for $163.48, making the entire transaction worth $653,928. This insider now owns 96,718 shares in total.
Diamondback Energy Inc (FANG) Performance Highlights and Predictions
Wall Street market experts anticipate that the next fiscal year will bring earnings of 3.8 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -13.23% 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
You can see what Diamondback Energy Inc (FANG) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 0.42. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 5.41. Likewise, its price to free cash flow for the trailing twelve months is 16.67.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 17.46, a number that is poised to hit 3.39 in the next quarter and is forecasted to reach 14.87 in one year’s time.
Technical Analysis of Diamondback Energy Inc (FANG)
Let’s dig in a bit further. During the last 5-days, its volume was 2.26 million. That was better than the volume of 2.15 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 88.17%. Additionally, its Average True Range was 4.40.
During the past 100 days, Diamondback Energy Inc’s (FANG) raw stochastic average was set at 52.98%, which indicates a significant decrease from 90.86% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 15.10% in the past 14 days, which was lower than the 31.76% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $171.54, while its 200-day Moving Average is $188.43. However, in the short run, Diamondback Energy Inc’s stock first resistance to watch stands at $179.14. Second resistance stands at $180.60. The third major resistance level sits at $182.33. If the price goes on to break the first support level at $175.95, it is likely to go to the next support level at $174.22. Assuming the price breaks the second support level, the third support level stands at $172.76.
Diamondback Energy Inc (NASDAQ: FANG) Key Stats
There are 291,989K outstanding shares of the company, which has a market capitalization of 51.88 billion. As of now, sales total 8,412 M while income totals 3,143 M. Its latest quarter income was 2,645 M while its last quarter net income were 659,000 K.
