On Friday, Diamondback Energy Inc (NASDAQ: FANG) opened higher 4.75% from the last session, before settling in for the closing price of $123.16. Price fluctuations for FANG have ranged from $114.00 to $212.93 over the past 52 weeks.
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A company in the Energy sector has jumped its sales by 34.65% annually for the last half of the decade. Company’s average yearly earnings per share was noted -10.19% at the time writing. With a float of $185.58 million, this company’s outstanding shares have now reached $290.98 million.
In an organization with 1983 employees, it is important to assess its efficiency. 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 and Institutional Ownership
A key investor’s attitude towards the stock of the Oil & Gas E&P industry is another important factor to consider. The insider ownership of Diamondback Energy Inc is 35.88%, while institutional ownership is 57.84%. 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) Latest Financial update
Wall Street market experts anticipate that the next fiscal year will bring earnings of 3.51 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -10.19% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 0.09% 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
Check out the current performance indicators for Diamondback Energy Inc (FANG). In the past quarter, the stock posted a quick ratio of 0.41. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.37. Likewise, its price to free cash flow for the trailing twelve months is 10.53.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 15.79, a number that is poised to hit 3.74 in the next quarter and is forecasted to reach 14.90 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 4.5 million. That was better than the volume of 2.71 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 31.47%. Additionally, its Average True Range was 8.75.
During the past 100 days, Diamondback Energy Inc’s (FANG) raw stochastic average was set at 20.83%, which indicates a significant decrease from 29.36% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 104.67% in the past 14 days, which was higher than the 48.61% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $151.74, while its 200-day Moving Average is $175.44. However, in the short run, Diamondback Energy Inc’s stock first resistance to watch stands at $131.68. Second resistance stands at $134.36. The third major resistance level sits at $139.68. If the price goes on to break the first support level at $123.68, it is likely to go to the next support level at $118.36. The third support level lies at $115.68 if the price breaches the second support level.
Diamondback Energy Inc (NASDAQ: FANG) Key Stats
There are currently 294,083K shares outstanding in the company with a market cap of 37.34 billion. Presently, the company’s annual sales total 11,066 M according to its annual income of 3,338 M. Last quarter, the company’s sales amounted to 3,711 M and its income totaled 1,074 M.
