A View of TXO Partners L.P (TXO) Stock’s Fundamentals and Valuations

TXO Partners L.P [TXO] stock prices are up 4.30% to $19.39 at the moment. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The TXO shares have gain 11.89% over the last week, with a monthly amount glided 20.73%, and seem to be holding up well over a long-time horizon.

From an analyst’s perspective:

TXO Partners L.P [NYSE: TXO] stock has seen the most recent analyst activity on February 21, 2023, when Stifel initiated its Buy rating and assigned the stock a price target of $31. Previously, Raymond James started tracking the stock with Strong Buy rating on February 21, 2023, and set its price target to $34. On February 21, 2023, CapitalOne initiated with a Overweight rating and assigned a price target of $35 on the stock.

The stock price of TXO Partners L.P [TXO] has been fluctuating between $15.22 and $23.56 over the past year. TXO Partners L.P [NYSE: TXO] shares were valued at $19.39 at the most recent close of the market.

Analyzing the TXO fundamentals

The TXO Partners L.P [NYSE:TXO] reported sales of 259.66M for trailing twelve months, representing a drop of -4.98%. Gross Profit Margin for this corporation currently stands at 0.0% with Operating Profit Margin at -0.05%, Pretax Profit Margin comes in at -0.69%, and Net Profit Margin reading is -0.69%. To continue investigating profitability, this company’s Return on Assets is posted at -0.18, Equity is -0.34 and Total Capital is -0.01. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.25.

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 18.73 points at the first support level, and at 18.08 for the second support level. However, for the 1st resistance point, the stock is sitting at 19.77, and for the 2nd resistance point, it is at 20.16.

Ratios To Look Out For

It’s worth pointing out that TXO Partners L.P [NYSE:TXO]’s Current Ratio is 1.02. Also, the Quick Ratio is 1.02, while the Cash Ratio stands at 0.07. Considering the valuation of this stock, the price to sales ratio is 3.06, the price to book ratio is 1.28.

Transactions by insiders

Recent insider trading involved ADAMS WILLIAM H III, Director, that happened on Dec 30 ’24 when 14000.0 shares were purchased. Director, HUTTON KEITH A completed a deal on Dec 18 ’24 to buy 60000.0 shares. Meanwhile, Director HUTTON KEITH A bought 40000.0 shares on Dec 17 ’24.

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