Sitio Royalties Corp [STR] stock is trading at $19.50, up 0.15%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The STR shares have lost -2.40% over the last week, with a monthly amount drifted -6.43%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Sitio Royalties Corp [NYSE: STR] stock has seen the most recent analyst activity on October 16, 2024, when KeyBanc Capital Markets downgraded its rating to a Sector Weight. Previously, Stephens started tracking the stock with Overweight rating on September 04, 2024, and set its price target to $32. On April 10, 2024, Barclays initiated with a Underweight rating and assigned a price target of $26 on the stock. Truist started tracking the stock assigning a Buy rating and suggested a price target of $29 on January 30, 2024. KeyBanc Capital Markets initiated its recommendation with a Overweight and recommended $36 as its price target on December 16, 2022.
Sitio Royalties Corp [STR] stock has fluctuated between $18.40 and $25.95 over the past year. Currently, Wall Street analysts expect the stock to reach $29.33 within the next 12 months. Sitio Royalties Corp [NYSE: STR] shares were valued at $19.50 at the most recent close of the market. An investor can expect a potential return of 50.41% based on the average STR price forecast.
Analyzing the STR fundamentals
Sitio Royalties Corp [NYSE:STR] reported sales of 618.70M for the trailing twelve months, which represents a drop of -4.70%. Gross Profit Margin for this corporation currently stands at 0.46% with Operating Profit Margin at 0.43%, Pretax Profit Margin comes in at 0.24%, and Net Profit Margin reading is 0.16%. To continue investigating profitability, this company’s Return on Assets is posted at 4.46, Equity is 0.04 and Total Capital is -6.52. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.32.
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 18.98 points at the first support level, and at 18.46 for the second support level. However, for the 1st resistance point, the stock is sitting at 19.94, and for the 2nd resistance point, it is at 20.39.
Ratios To Look Out For
For context, Sitio Royalties Corp’s Current Ratio is 2.50. Also, the Quick Ratio is 2.20, while the Cash Ratio stands at 0.07. Considering the valuation of this stock, the price to sales ratio is 4.82, the price to book ratio is 1.04.
