At the time of writing, Northern Oil and Gas Inc [NOG] stock is trading at $29.39, up 3.74%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The NOG shares have gain 6.91% over the last week, with a monthly amount drifted -16.32%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Northern Oil and Gas Inc [NYSE: NOG] stock has seen the most recent analyst activity on February 21, 2025, when CapitalOne downgraded its rating to a Equal Weight. Previously, Mizuho downgraded its rating to Neutral on December 16, 2024, and kept the price target unchanged to $47. On November 20, 2024, downgrade downgraded it’s rating to Sector Perform and revised its price target to $45 on the stock. Mizuho initiated its recommendation with a Outperform and recommended $47 as its price target on September 19, 2024. Morgan Stanley started tracking with a Equal-Weight rating for this stock on January 05, 2024, and assigned it a price target of $40. In a note dated January 05, 2024, BofA Securities downgraded an Underperform rating on this stock but restated the target price of $39.
For the past year, the stock price of Northern Oil and Gas Inc fluctuated between $26.59 and $44.31. Currently, Wall Street analysts expect the stock to reach $45 within the next 12 months. Northern Oil and Gas Inc [NYSE: NOG] shares were valued at $29.39 at the most recent close of the market. An investor can expect a potential return of 53.11% based on the average NOG price forecast.
Analyzing the NOG fundamentals
According to Northern Oil and Gas Inc [NYSE:NOG], the company’s sales were 2.16B for trailing twelve months, which represents an 76.82% jump. Gross Profit Margin for this corporation currently stands at 0.55% with Operating Profit Margin at 0.46%, Pretax Profit Margin comes in at 0.32%, and Net Profit Margin reading is 0.24%. To continue investigating profitability, this company’s Return on Assets is posted at 0.09, Equity is 0.24 and Total Capital is 0.19. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.02.
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 28.78 points at the first support level, and at 28.16 for the second support level. However, for the 1st resistance point, the stock is sitting at 29.73, and for the 2nd resistance point, it is at 30.07.
Ratios To Look Out For
It is important to note that Northern Oil and Gas Inc [NYSE:NOG] has a current ratio of 0.92. Also, the Quick Ratio is 0.92, while the Cash Ratio stands at 0.02. Considering the valuation of this stock, the price to sales ratio is 1.35, the price to book ratio is 1.26 and price to earnings (TTM) ratio is 5.71.
Transactions by insiders
Recent insider trading involved O’GRADY NICHOLAS L., CEO, that happened on Mar 07 ’25 when 1000.0 shares were purchased. Director, Lasher Stuart G. completed a deal on Mar 04 ’25 to buy 20000.0 shares. Meanwhile, Director Akradi Bahram bought 40000.0 shares on Mar 04 ’25.
