A share price of Viper Energy Inc [VNOM] is currently trading at $50.60, up 2.47%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The VNOM shares have gain 5.75% over the last week, with a monthly amount glided 0.80%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Viper Energy Inc [NASDAQ: VNOM] stock has seen the most recent analyst activity on December 13, 2024, when KeyBanc Capital Markets upgraded its rating to a Overweight but kept the price target unchanged to $62 for it. Previously, Goldman started tracking the stock with Buy rating on December 02, 2024, and set its price target to $70. On November 26, 2024, BofA Securities initiated with a Buy rating and assigned a price target of $64 on the stock. Barclays started tracking the stock assigning a Overweight rating and suggested a price target of $44 on April 10, 2024. KeyBanc Capital Markets downgraded its rating to Sector Weight for this stock on May 03, 2023. In a note dated September 20, 2022, KeyBanc Capital Markets initiated an Overweight rating and provided a target price of $39 on this stock.
Viper Energy Inc experienced fluctuations in its stock price throughout the past year between $30.59 and $56.76. Currently, Wall Street analysts expect the stock to reach $57.4 within the next 12 months. Viper Energy Inc [NASDAQ: VNOM] shares were valued at $50.60 at the most recent close of the market. An investor can expect a potential return of 13.44% based on the average VNOM price forecast.
Analyzing the VNOM fundamentals
Trailing Twelve Months sales for Viper Energy Inc [NASDAQ:VNOM] were 830.92M which represents 6.41% growth. Gross Profit Margin for this corporation currently stands at 0.7% with Operating Profit Margin at 0.68%, Pretax Profit Margin comes in at 0.61%, and Net Profit Margin reading is 0.25%. To continue investigating profitability, this company’s Return on Assets is posted at 0.05, Equity is 0.18 and Total Capital is 0.14. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.59.
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 49.92 points at the first support level, and at 49.23 for the second support level. However, for the 1st resistance point, the stock is sitting at 51.13, and for the 2nd resistance point, it is at 51.65.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Viper Energy Inc [NASDAQ:VNOM] is 7.24. As well, the Quick Ratio is 7.24, while the Cash Ratio is 3.81. Considering the valuation of this stock, the price to sales ratio is 12.97, the price to book ratio is 3.72 and price to earnings (TTM) ratio is 21.65.
Transactions by insiders
Recent insider trading involved Diamondback Energy, Inc., Director, that happened on Mar 08 ’24 when 13.22 million shares were sold.
