Viper Energy Partners LP (NASDAQ:VNOM) went up by 5.44% from its latest closing price when compared to the 1-year high value of $34.93 and move down -430.05%, while VNOM stocks collected +21.81% of gains with the last five trading sessions. Press Release reported on 03/19/20 that Viper Energy Partners LP, a Subsidiary of Diamondback Energy, Inc., Provides Update on 2020 Production Guidance and Hedge Position
Viper Energy Partners LP (NASDAQ:VNOM) Worth an Investment?
Viper Energy Partners LP (NASDAQ: VNOM) scored price to earnings ratio above its average ratio, recording 8.18 times of increase in earnings at the present.
VNOM Market Performance
VNOM stocks went up by 21.81% for the week, with the monthly drop of -66.19% and a quarterly performance of -73.93%, while its annual performance rate touched -80.26%. The simple moving average for the period of the last 20 days is -41.50% for VNOM stocks with the simple moving average of -73.82% for the last 200 days.
Analysts’ Opinion on Viper Energy Partners LP (NASDAQ:VNOM)
Many brokerage firms have already submitted their reports for VNOM stocks, with Raymond James repeating the rating for VNOM shares by setting it to “Outperform”. The predicted price for VNOM socks in the upcoming period according to Raymond James is $23 based on the research report published on March 17, 2020.
SunTrust, on the other hand, stated in their research note that they expect to see VNOM stock at the price of $23. The rating they have provided for VNOM stocks is “Hold” according to the report published on March 9, 2020.
Piper Sandler gave “ Neutral” rating to VNOM stocks, setting the target price at $17 in the report published on March 9, 2020.
VNOM Stocks -63.85% Far from 50 Day Moving Average
After a stumble in the market that brought VNOM to its low price for the period of the last 52 weeks, Viper Energy Partners LP was unable to take a rebound, for now settling with -81.13% of loss for the given period.
The stock volatility was left at 14.87%, however, within the period of a single month, the volatility rate increased by 22.02%, while the shares sank at the distance of -65.77% for the moving average in the last 20 days. In oppose to the moving average for the last 50 days, trading by -74.03% lower at the present time.
In the course of the last 5 trading sessions, VNOM went up by +21.81%, which changed the moving average for the period of 200 days to the total of -76.14% of losses for the stock in comparison to the 20-day moving average settled at $10.63. In addition, Viper Energy Partners LP saw -73.28% in overturn over the period of a single year with a tendency to cut further losses.
VNOM Stock Insider Trading
Reports are indicating that there were more than several insider trading activities at Viper Energy Partners LP (VNOM), starting from Van’t Hof Matthew Kaes, who sold 2,500 shares at the price of $24.85 back on Dec 16. After this action, Rushing now owns 39,624 shares of Viper Energy Partners LP, valued at $62,132 with the latest closing price.
Van’t Hof Matthew Kaes, the President of Viper Energy Partners LP, sold 2,500 shares at the value of $31.65 during a trade that took place back on May 07, which means that Van’t Hof Matthew Kaes is holding 42,124 shares at the value of $79,124 based on the most recent closing price.
VNOM Stock Fundamentals
The current profitability levels are settled at +64.35 for the present operating margin and +66.90 for gross margin. The net margin for Viper Energy Partners LP stands at +15.75. Total capital return value is set at 8.55, while invested capital returns managed to touch 3.62. Equity return holds the value 5.60%, with 2.20% for asset returns.
Based on Viper Energy Partners LP (VNOM), the company’s capital structure generated 57.62 points for debt to equity in total, while total debt to capital is set at the value of 36.56. Total debt to assets is settled at the value of 21.06 with long-term debt to equity ratio rests at 8.97 and long-term debt to capital is 57.62.
The value for Enterprise to Sales is 7.23 with debt to enterprise value settled at 0.18. The receivables turnover for Viper Energy Partners LP is 5.29 with the total asset turnover at the value of 0.13. The liquidity ratio also appears to be rather interesting for investors as it stands at 5.41.