A new trading day began on Friday, with Viper Energy Inc (NASDAQ: VNOM) stock price up 1.43% from the previous day of trading, before settling in for the closing price of $46.24. VNOM’s price has ranged from $29.66 to $56.76 over the past 52 weeks.
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It was noted that within the last five years, the titan of the Energy sector saw sales topped by 34.95%. Meanwhile, its annual earnings per share averaged -25.97%. With a float of $101.91 million, this company’s outstanding shares have now reached $102.95 million.
In terms of profitability, gross margin is 69.77%, operating margin of 67.75%, and the pretax margin is 60.69%.
Viper Energy Inc (VNOM) Insider Updates
As we move forward, let’s examine how large-scale investors are investing in this stock of the Oil & Gas Midstream Industry. The insider ownership of Viper Energy Inc is 1.03%, while institutional ownership is 99.21%. 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) Performance Highlights and Predictions
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 -25.97% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will plunge by -4.45% 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
Here are Viper Energy Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 7.24. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 10.63. Likewise, its price to free cash flow for the trailing twelve months is 14.55.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.34, a number that is poised to hit 0.42 in the next quarter and is forecasted to reach 1.94 in one year’s time.
Technical Analysis of Viper Energy Inc (VNOM)
The latest stats from [Viper Energy Inc, VNOM] show that its last 5-days average volume of 3.46 million was superior to 1.51 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 14.67%. Additionally, its Average True Range was 1.51.
During the past 100 days, Viper Energy Inc’s (VNOM) raw stochastic average was set at 30.27%, which indicates a significant increase from 18.10% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 25.24% in the past 14 days, which was lower than the 31.56% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $50.53, while its 200-day Moving Average is $45.30. Now, the first resistance to watch is $48.09. This is followed by the second major resistance level at $49.27. The third major resistance level sits at $50.29. If the price goes on to break the first support level at $45.89, it is likely to go to the next support level at $44.87. Assuming the price breaks the second support level, the third support level stands at $43.69.
Viper Energy Inc (NASDAQ: VNOM) Key Stats
With a market capitalization of 8.84 billion, the company has a total of 188,409K Shares Outstanding. Currently, annual sales are 827,700 K while annual income is 200,090 K. The company’s previous quarter sales were 209,590 K while its latest quarter income was 48,920 K.
