At the time of writing, Civitas Resources Inc [CIVI] stock is trading at $50.99, down -0.22%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The CIVI shares have gain 4.59% over the last week, with a monthly amount drifted -3.34%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Civitas Resources Inc [NYSE: CIVI] stock has seen the most recent analyst activity on January 10, 2025, when Morgan Stanley initiated its Overweight rating and assigned the stock a price target of $64. Previously, UBS started tracking the stock with Neutral rating on October 16, 2024, and set its price target to $60. On September 18, 2024, JP Morgan initiated with a Overweight rating and assigned a price target of $67 on the stock. TD Cowen initiated its recommendation with a Buy and recommended $90 as its price target on June 13, 2024. RBC Capital Mkts started tracking with a Outperform rating for this stock on May 28, 2024, and assigned it a price target of $90. In a note dated February 07, 2024, Piper Sandler initiated an Overweight rating and provided a target price of $92 on this stock.
For the past year, the stock price of Civitas Resources Inc fluctuated between $42.32 and $76.02. Currently, Wall Street analysts expect the stock to reach $76.17 within the next 12 months. Civitas Resources Inc [NYSE: CIVI] shares were valued at $50.99 at the most recent close of the market. An investor can expect a potential return of 49.38% based on the average CIVI price forecast.
Analyzing the CIVI fundamentals
According to Civitas Resources Inc [NYSE:CIVI], the company’s sales were 5.04B for trailing twelve months, which represents an 22.79% jump. Gross Profit Margin for this corporation currently stands at 0.43% with Operating Profit Margin at 0.44%, Pretax Profit Margin comes in at 0.25%, and Net Profit Margin reading is 0.2%. To continue investigating profitability, this company’s Return on Assets is posted at 0.07, Equity is 0.15 and Total Capital is 0.17. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.73.
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 50.38 points at the first support level, and at 49.78 for the second support level. However, for the 1st resistance point, the stock is sitting at 51.59, and for the 2nd resistance point, it is at 52.19.
Ratios To Look Out For
It is important to note that Civitas Resources Inc [NYSE:CIVI] has a current ratio of 0.45. Further, the Quick Ratio stands at 0.45, while the Cash Ratio is 0.02. Considering the valuation of this stock, the price to sales ratio is 0.98, the price to book ratio is 0.74 and price to earnings (TTM) ratio is 5.05.
Transactions by insiders
Recent insider trading involved CANADA PENSION PLAN INVESTMENT, 10% Owner, that happened on May 15 ’24 when 6.96 million shares were sold.
