Diamondback Energy Inc (NASDAQ: FANG) on Tuesday, soared 0.62% from the previous trading day, before settling in for the closing price of $159.88. Within the past 52 weeks, FANG’s price has moved between $137.09 and $212.93.
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During the last 5-year period, the sales growth of Energy Sector giant was 34.65%. The company achieved an average annual earnings per share of -7.13%. With a float of $185.58 million, this company’s outstanding shares have now reached $290.98 million.
Let’s determine the extent of company efficiency that accounts for 1983 employees. In terms of profitability, gross margin is 73.7%, operating margin of 39.91%, and the pretax margin is 40.73%.
Diamondback Energy Inc (FANG) Insider Activity
Observing investor behavior towards Oil & Gas E&P industry stocks is more important than anything else. The insider ownership of Diamondback Energy Inc is 35.88%, while institutional ownership is 57.79%. The most recent insider transaction that took place on Feb 28 ’25, was worth 313,020. In this transaction Director of this company bought 2,000 shares at a rate of $156.51, taking the stock ownership to the 5,730 shares. Before that another transaction happened on Jan 29 ’25, when Company’s Director bought 12,500,000 for $4.00, making the entire transaction worth $50,000,000. This insider now owns 14,500,000 shares in total.
Diamondback Energy Inc (FANG) Earnings and Forecasts
Wall Street market experts anticipate that the next fiscal year will bring earnings of 3.58 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -7.13% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will plunge by -1.32% during the next five years compared to 60.36% growth over the previous five years of trading.
Diamondback Energy Inc (NASDAQ: FANG) Trading Performance Indicators
Diamondback Energy Inc (FANG) is currently performing well based on its current performance indicators. A quick ratio of 0.41 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 4.21. Likewise, its price to free cash flow for the trailing twelve months is 13.13.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 15.79, a number that is poised to hit 3.69 in the next quarter and is forecasted to reach 15.40 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 1.8 million, which is a drop from its year-to-date volume of 2.49 million. As of the previous 9 days, the stock’s Stochastic %D was 47.63%. Additionally, its Average True Range was 4.34.
During the past 100 days, Diamondback Energy Inc’s (FANG) raw stochastic average was set at 48.55%, which indicates a significant decrease from 81.09% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 19.94% in the past 14 days, which was lower than the 29.26% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $158.33, while its 200-day Moving Average is $177.82. However, in the short run, Diamondback Energy Inc’s stock first resistance to watch stands at $162.06. Second resistance stands at $163.24. The third major resistance level sits at $165.35. If the price goes on to break the first support level at $158.77, it is likely to go to the next support level at $156.66. Should the price break the second support level, the third support level stands at $155.48.
Diamondback Energy Inc (NASDAQ: FANG) Key Stats
Market capitalization of the company is 46.56 billion based on 289,441K outstanding shares. Right now, sales total 11,066 M and income totals 3,338 M. The company made 3,711 M in profit during its latest quarter, and 1,074 M in sales during its previous quarter.
