On Tuesday, Viper Energy Inc (NASDAQ: VNOM) was -3.48% drop from the session before settling in for the closing price of $41.41. A 52-week range for VNOM has been $34.71 – $56.30.
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During the last 5-year period, the sales growth of Energy Sector giant was 31.76%. When this article was written, the company’s average yearly earnings per share was at -53.63%. With a float of $130.21 million, this company’s outstanding shares have now reached $131.32 million.
In terms of profitability, gross margin is 66.65%, operating margin of 65.05%, and the pretax margin is 63.33%.
Viper Energy Inc (VNOM) Insider Activity
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Viper Energy Inc stocks. The insider ownership of Viper Energy Inc is 0.85%, while institutional ownership is 79.30%.
Viper Energy Inc (VNOM) Earnings and Forecasts
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.42 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -53.63% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will plunge by -10.94% during the next five years compared to 38.51% growth over the previous five years of trading.
Viper Energy Inc (NASDAQ: VNOM) Trading Performance Indicators
You can see what Viper Energy Inc (VNOM) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 4.89. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 9.81.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 3.80, a number that is poised to hit 0.38 in the next quarter and is forecasted to reach 1.99 in one year’s time.
Technical Analysis of Viper Energy Inc (VNOM)
Looking closely at Viper Energy Inc (NASDAQ: VNOM), its last 5-days average volume was 1.17 million, which is a drop from its year-to-date volume of 1.65 million. As of the previous 9 days, the stock’s Stochastic %D was 57.32%. Additionally, its Average True Range was 1.78.
During the past 100 days, Viper Energy Inc’s (VNOM) raw stochastic average was set at 29.40%, which indicates a significant decrease from 42.38% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 44.09% in the past 14 days, which was higher than the 42.85% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $42.11, while its 200-day Moving Average is $47.14. However, in the short run, Viper Energy Inc’s stock first resistance to watch stands at $41.15. Second resistance stands at $42.32. The third major resistance level sits at $42.93. If the price goes on to break the first support level at $39.37, it is likely to go to the next support level at $38.76. Should the price break the second support level, the third support level stands at $37.59.
Viper Energy Inc (NASDAQ: VNOM) Key Stats
There are 213,049K outstanding shares of the company, which has a market capitalization of 8.76 billion. As of now, sales total 860,390 K while income totals 359,250 K. Its latest quarter income was 228,700 K while its last quarter net income were 210,070 K.
