At the time of writing, Matador Resources Co [MTDR] stock is trading at $52.53, up 0.63%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The MTDR shares have gain 4.23% over the last week, with a monthly amount drifted -5.79%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Matador Resources Co [NYSE: MTDR] stock has seen the most recent analyst activity on July 25, 2024, when CapitalOne upgraded its rating to a Overweight and also boosted its price target to $84 from $80. On June 21, 2024, Stephens initiated with a Overweight rating and assigned a price target of $83 on the stock. Wells Fargo started tracking the stock assigning a Overweight rating and suggested a price target of $73 on November 15, 2023. Mizuho upgraded its rating to a Buy and raised its price target to $78 on August 16, 2023. Mizuho started tracking with a Neutral rating for this stock on January 10, 2023, and assigned it a price target of $70.
For the past year, the stock price of Matador Resources Co fluctuated between $48.22 and $71.08. Currently, Wall Street analysts expect the stock to reach $78 within the next 12 months. Matador Resources Co [NYSE: MTDR] shares were valued at $52.53 at the most recent close of the market. An investor can expect a potential return of 48.49% based on the average MTDR price forecast.
Analyzing the MTDR fundamentals
According to Matador Resources Co [NYSE:MTDR], the company’s sales were 3.24B for trailing twelve months, which represents an 31.59% jump. Gross Profit Margin for this corporation currently stands at 0.47% with Operating Profit Margin at 0.43%, 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 0.18. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.44.
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 51.80 points at the first support level, and at 51.07 for the second support level. However, for the 1st resistance point, the stock is sitting at 53.42, and for the 2nd resistance point, it is at 54.30.
Ratios To Look Out For
It is important to note that Matador Resources Co [NYSE:MTDR] has a current ratio of 0.86. As well, the Quick Ratio is 0.82, while the Cash Ratio is 0.07. Considering the valuation of this stock, the price to sales ratio is 2.02, the price to book ratio is 1.42 and price to earnings (TTM) ratio is 6.77.
Transactions by insiders
Recent insider trading involved Baty Robert Gaines, Director, that happened on Sep 13 ’24 when 500.0 shares were purchased. EVP, Reservoir Engineering, Elsener William Thomas completed a deal on Sep 10 ’24 to buy 500.0 shares. Meanwhile, Director Appel Shelley F bought 300.0 shares on Sep 09 ’24.
