Diamondback Energy Inc (NASDAQ: FANG) kicked off on Tuesday, down -1.79% from the previous trading day, before settling in for the closing price of $180.18. Over the past 52 weeks, FANG has traded in a range of $144.34-$212.93.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
During the last 5-year period, the sales growth of Energy Sector giant was 35.42%. While this was happening, its average annual earnings per share was recorded -13.43%. With a float of $188.33 million, this company’s outstanding shares have now reached $292.74 million.
Let’s determine the extent of company efficiency that accounts for 1023 employees. 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) 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 35.50%, while institutional ownership is 59.60%. 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) Recent Fiscal highlights
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 -13.43% 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 5.39. Likewise, its price to free cash flow for the trailing twelve months is 16.60.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 17.46, a number that is poised to hit 3.38 in the next quarter and is forecasted to reach 15.06 in one year’s time.
Technical Analysis of Diamondback Energy Inc (FANG)
Looking closely at Diamondback Energy Inc (NASDAQ: FANG), its last 5-days average volume was 1.75 million, which is a drop from its year-to-date volume of 2.02 million. As of the previous 9 days, the stock’s Stochastic %D was 84.67%. Additionally, its Average True Range was 4.05.
During the past 100 days, Diamondback Energy Inc’s (FANG) raw stochastic average was set at 51.48%, which indicates a significant decrease from 83.19% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 19.44% in the past 14 days, which was lower than the 31.72% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $171.70, while its 200-day Moving Average is $188.00. However, in the short run, Diamondback Energy Inc’s stock first resistance to watch stands at $178.53. Second resistance stands at $180.11. The third major resistance level sits at $181.49. If the price goes on to break the first support level at $175.57, it is likely to go to the next support level at $174.19. Now, if the price goes above the second support level, the third support stands at $172.61.
Diamondback Energy Inc (NASDAQ: FANG) Key Stats
The company with the Market Capitalisation of 51.67 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.
