Civitas Resources Inc (NYSE: CIVI) on Tuesday, soared 0.90% from the previous trading day, before settling in for the closing price of $49.90. Within the past 52 weeks, CIVI’s price has moved between $42.32 and $76.02.
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Energy Sector giant saw their annual sales surged by 148.88% over the last five years. The company achieved an average annual earnings per share of -5.88%. With a float of $91.65 million, this company’s outstanding shares have now reached $97.09 million.
The firm has a total of 516 workers. Let’s measure their productivity. In terms of profitability, gross margin is 42.89%, operating margin of 43.81%, and the pretax margin is 25.03%.
Civitas Resources Inc (CIVI) Insider Activity
Observing investor behavior towards Oil & Gas E&P industry stocks is more important than anything else. The insider ownership of Civitas Resources Inc is 5.04%, while institutional ownership is 92.10%. The most recent insider transaction that took place on May 15 ’24, was worth 509,356,394. In this transaction 10% Owner of this company sold 6,956,520 shares at a rate of $73.22, taking the stock ownership to the 9,524,201 shares.
Civitas Resources Inc (CIVI) Earnings and Forecasts
Wall Street market experts anticipate that the next fiscal year will bring earnings of 2.19 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -5.88% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 4.84% during the next five years compared to 2.01% growth over the previous five years of trading.
Civitas Resources Inc (NYSE: CIVI) Trading Performance Indicators
Civitas Resources Inc (CIVI) is currently performing well based on its current performance indicators. A quick ratio of 0.45 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 0.96. Likewise, its price to free cash flow for the trailing twelve months is 10.23.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 10.11, a number that is poised to hit 1.99 in the next quarter and is forecasted to reach 9.70 in one year’s time.
Technical Analysis of Civitas Resources Inc (CIVI)
Analysing the last 5-days average volume posted by the [Civitas Resources Inc, CIVI], we can find that recorded value of 1.16 million was lower than the volume posted last year of 1.29 million. As of the previous 9 days, the stock’s Stochastic %D was 23.57%. Additionally, its Average True Range was 1.65.
During the past 100 days, Civitas Resources Inc’s (CIVI) raw stochastic average was set at 58.49%, which indicates a significant increase from 22.36% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 20.87% in the past 14 days, which was lower than the 32.65% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $49.22, while its 200-day Moving Average is $59.31. Now, the first resistance to watch is $51.20. This is followed by the second major resistance level at $52.06. The third major resistance level sits at $53.20. If the price goes on to break the first support level at $49.20, it is likely to go to the next support level at $48.06. Should the price break the second support level, the third support level stands at $47.20.
Civitas Resources Inc (NYSE: CIVI) Key Stats
Market capitalization of the company is 4.86 billion based on 96,514K outstanding shares. Right now, sales total 3,479 M and income totals 784,290 K. The company made 1,272 M in profit during its latest quarter, and 295,800 K in sales during its previous quarter.
