Diamondback Energy Inc [FANG] stock prices are up 2.51% to $170.96 at the moment. An important factor to consider is whether the stock is rising or falling in short-term value. The FANG shares have gain 8.18% over the last week, with a monthly amount drifted -2.73%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Diamondback Energy Inc [NASDAQ: FANG] stock has seen the most recent analyst activity on January 03, 2025, when Wolfe Research upgraded its rating to a Outperform but kept the price target unchanged to $190 for it. BMO Capital Markets upgraded its rating to a Outperform and increased its price target to $215 on October 04, 2024. Barclays upgraded its rating to a Overweight and reduced its price target to $210 on October 02, 2024.
The stock price of Diamondback Energy Inc [FANG] has been fluctuating between $144.34 and $212.93 over the past year. Currently, Wall Street analysts expect the stock to reach $221.82 within the next 12 months. Diamondback Energy Inc [NASDAQ: FANG] shares were valued at $170.96 at the most recent close of the market. An investor can expect a potential return of 29.75% based on the average FANG price forecast.
Analyzing the FANG fundamentals
The Diamondback Energy Inc [NASDAQ:FANG] reported sales of 9.58B for trailing twelve months, representing a surge of 13.03%. Gross Profit Margin for this corporation currently stands at 0.63% with Operating Profit Margin at 0.44%, Pretax Profit Margin comes in at 0.46%, and Net Profit Margin reading is 0.34%. To continue investigating profitability, this company’s Return on Assets is posted at 0.05, Equity is 0.15 and Total Capital is 0.07. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.35.
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 168.45 points at the first support level, and at 165.94 for the second support level. However, for the 1st resistance point, the stock is sitting at 172.70, and for the 2nd resistance point, it is at 174.44.
Ratios To Look Out For
It’s worth pointing out that Diamondback Energy Inc [NASDAQ:FANG]’s Current Ratio is 0.45. On the other hand, the Quick Ratio is 0.42, and the Cash Ratio is 0.08. Considering the valuation of this stock, the price to sales ratio is 5.34, the price to book ratio is 1.34 and price to earnings (TTM) ratio is 9.79.
Transactions by insiders
Recent insider trading involved WEST STEVEN E, Director, that happened on Dec 16 ’24 when 6000.0 shares were purchased. President & CFO, Van’t Hof Matthew Kaes completed a deal on Dec 13 ’24 to sell 4000.0 shares. Meanwhile, Officer Van’t Hof Matthew Kaes bought 4000.0 shares on Dec 13 ’24.
