Matador Resources Co [MTDR] stock is trading at $60.08, up 2.63%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The MTDR shares have gain 0.25% over the last week, with a monthly amount glided 3.50%, and seem to be holding up well over a long-time horizon.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
From an analyst’s perspective:
Matador Resources Co [NYSE: MTDR] stock has seen the most recent analyst activity on June 21, 2024, when Stephens initiated its Overweight rating and assigned the stock a price target of $83. Previously, Wells Fargo started tracking the stock with Overweight rating on November 15, 2023, and set its price target to $73. On August 16, 2023, upgrade upgraded it’s rating to Buy and revised its price target to $78 on the stock. Mizuho started tracking the stock assigning a Neutral rating and suggested a price target of $70 on January 10, 2023. KeyBanc Capital Markets started tracking with a Overweight rating for this stock on September 20, 2022, and assigned it a price target of $72. In a note dated November 19, 2021, Wells Fargo upgraded an Overweight rating on this stock and boosted its target price from $46 to $53.
Matador Resources Co [MTDR] stock has fluctuated between $51.00 and $71.08 over the past year. Currently, Wall Street analysts expect the stock to reach $76 within the next 12 months. Matador Resources Co [NYSE: MTDR] shares were valued at $60.08 at the most recent close of the market. An investor can expect a potential return of 26.5% based on the average MTDR price forecast.
Analyzing the MTDR fundamentals
Matador Resources Co [NYSE:MTDR] reported sales of 3.04B for the trailing twelve months, which represents a growth of 39.33%. Gross Profit Margin for this corporation currently stands at 0.46% with Operating Profit Margin at 0.42%, Pretax Profit Margin comes in at 0.38%, and Net Profit Margin reading is 0.29%. To continue investigating profitability, this company’s Return on Assets is posted at 0.11, Equity is 0.23 and Total Capital is 0.17. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.44.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 59.01 points at the first support level, and at 57.94 for the second support level. However, for the 1st resistance point, the stock is sitting at 60.64, and for the 2nd resistance point, it is at 61.19.
Ratios To Look Out For
For context, Matador Resources Co’s Current Ratio is 0.89. Also, the Quick Ratio is 0.84, while the Cash Ratio stands at 0.09. Considering the valuation of this stock, the price to sales ratio is 2.47, the price to book ratio is 1.70 and price to earnings (TTM) ratio is 8.23.
Transactions by insiders
Recent insider trading involved Erman Bryan A, EVP, GC and Head of M&A, that happened on Jun 14 ’24 when 1750.0 shares were purchased. Director, Appel Shelley F completed a deal on Dec 13 ’23 to buy 500.0 shares. Meanwhile, Director PARKER TIMOTHY E. bought 5000.0 shares on Dec 12 ’23.
