At the time of writing, Mach Natural Resources LP [MNR] stock is trading at $14.09, up 3.30%. An important factor to consider is whether the stock is rising or falling in short-term value. The MNR shares have gain 8.30% over the last week, with a monthly amount drifted -1.61%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Previously, Truist started tracking the stock with Buy rating on December 06, 2024, and set its price target to $23. On November 28, 2023, Johnson Rice initiated with a Buy rating and assigned a price target of $27 on the stock. Stifel started tracking the stock assigning a Buy rating and suggested a price target of $31 on November 20, 2023. Stephens initiated its recommendation with a Overweight and recommended $24 as its price target on November 20, 2023. Raymond James started tracking with a Strong Buy rating for this stock on November 20, 2023, and assigned it a price target of $23.
For the past year, the stock price of Mach Natural Resources LP fluctuated between $12.40 and $20.94. Mach Natural Resources LP [NYSE: MNR] shares were valued at $14.09 at the most recent close of the market.
Analyzing the MNR fundamentals
According to Mach Natural Resources LP [NYSE:MNR], the company’s sales were 987.52M for trailing twelve months, which represents an -0.36% plunge. Gross Profit Margin for this corporation currently stands at 0.5% with Operating Profit Margin at 0.29%, Pretax Profit Margin comes in at 0.17%, and Net Profit Margin reading is 0.36%. To continue investigating profitability, this company’s Return on Assets is posted at 0.15, Equity is 0.27 and Total Capital is 0.14. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.28.
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 13.75 points at the first support level, and at 13.41 for the second support level. However, for the 1st resistance point, the stock is sitting at 14.34, and for the 2nd resistance point, it is at 14.60.
Ratios To Look Out For
It is important to note that Mach Natural Resources LP [NYSE:MNR] has a current ratio of 0.69. On the other hand, the Quick Ratio is 0.61, and the Cash Ratio is 0.03. Considering the valuation of this stock, the price to sales ratio is 1.69, the price to book ratio is 1.21 and price to earnings (TTM) ratio is 8.84.
Transactions by insiders
Recent insider trading involved McMullen William Wallace, Director, that happened on Feb 07 ’25 when 5.16 million shares were purchased. Director, McMullen William Wallace completed a deal on Dec 17 ’24 to buy 0.31 million shares. Meanwhile, Director McMullen William Wallace bought 0.15 million shares on Dec 16 ’24.
