A share price of Diamondback Energy Inc [FANG] is currently trading at $150.20, up 3.02%. An important factor to consider is whether the stock is rising or falling in short-term value. The FANG shares have gain 7.20% over the last week, with a monthly amount drifted -3.38%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Diamondback Energy Inc [NASDAQ: FANG] stock has seen the most recent analyst activity on January 03, 2025, when Wolfe Research upgraded its rating to a Outperform but kept the price target unchanged to $190 for it. BMO Capital Markets upgraded its rating to a Outperform and increased its price target to $215 on October 04, 2024. Barclays upgraded its rating to a Overweight and reduced its price target to $210 on October 02, 2024.
Diamondback Energy Inc experienced fluctuations in its stock price throughout the past year between $137.09 and $212.93. Currently, Wall Street analysts expect the stock to reach $216 within the next 12 months. Diamondback Energy Inc [NASDAQ: FANG] shares were valued at $150.20 at the most recent close of the market. An investor can expect a potential return of 43.81% based on the average FANG price forecast.
Analyzing the FANG fundamentals
Trailing Twelve Months sales for Diamondback Energy Inc [NASDAQ:FANG] were 11.07B which represents 66.56% growth. Gross Profit Margin for this corporation currently stands at 0.74% with Operating Profit Margin at 0.4%, Pretax Profit Margin comes in at 0.41%, and Net Profit Margin reading is 0.3%. To continue investigating profitability, this company’s Return on Assets is posted at 0.05, Equity is 0.12 and Total Capital is 0.07. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.02.
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 146.61 points at the first support level, and at 143.01 for the second support level. However, for the 1st resistance point, the stock is sitting at 152.41, and for the 2nd resistance point, it is at 154.61.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Diamondback Energy Inc [NASDAQ:FANG] is 0.44. On the other hand, the Quick Ratio is 0.41, and the Cash Ratio is 0.03. Considering the valuation of this stock, the price to sales ratio is 3.93, the price to book ratio is 1.16 and price to earnings (TTM) ratio is 9.51.
Transactions by insiders
Recent insider trading involved Tsuru Frank D., Director, that happened on Feb 28 ’25 when 2000.0 shares were purchased. Director, Diamondback Energy, Inc. completed a deal on Jan 29 ’25 to buy 12.5 million shares. Meanwhile, Director WEST STEVEN E bought 6000.0 shares on Dec 16 ’24.
