Matador Resources Company (NYSE:MTDR) went down by -1.94% from its latest closing price compared to the recent 1-year high of $19.83. The company’s stock price has collected 0.25% of gains in the last five trading sessions. Press Release reported on 09/29/20 that Matador Resources Company Announces Date of Third Quarter 2020 Earnings Release
Is It Worth Investing in Matador Resources Company (NYSE :MTDR) Right Now?
Plus, the 36-month beta value for MTDR is at 4.67. Opinions of the stock are interesting as 8 analysts out of 16 who provided ratings for Matador Resources Company declared the stock was a “buy,” while 2 rated the stock as “overweight,” 6 rated it as “hold,” and 0 as “sell.”
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The average price from analysts is $12.51, which is $4.55 above the current price. MTDR currently public float of 109.93M and currently shorts hold a 19.15% ratio of that float. Today, the average trading volume of MTDR was 3.01M shares.
MTDR’s Market Performance
MTDR stocks went up by 0.25% for the week, with a monthly drop of -20.35% and a quarterly performance of 1.50%, while its annual performance rate touched -48.08%. The volatility ratio for the week stands at 6.38% while the volatility levels for the past 30 days are set at 7.06% for Matador Resources Company. The simple moving average for the period of the last 20 days is -6.47% for MTDR stocks with a simple moving average of -14.07% for the last 200 days.
Analysts’ Opinion of MTDR
Many brokerage firms have already submitted their reports for MTDR stocks, with Truist repeating the rating for MTDR by listing it as a “Buy.” The predicted price for MTDR in the upcoming period, according to Truist is $15 based on the research report published on September 22nd of the current year 2020.
Wells Fargo, on the other hand, stated in their research note that they expect to see MTDR reach a price target of $13, previously predicting the price at $10. The rating they have provided for MTDR stocks is “Overweight” according to the report published on September 14th, 2020.
MTDR Trading at -11.47% from the 50-Day Moving Average
After a stumble in the market that brought MTDR to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -59.14% of loss for the given period.
Volatility was left at 7.06%, however, over the last 30 days, the volatility rate increased by 6.38%, as shares sank -13.28% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -15.54% lower at present.
During the last 5 trading sessions, MTDR rose by +0.25%, which changed the moving average for the period of 200-days by -49.63% in comparison to the 20-day moving average, which settled at $8.60. In addition, Matador Resources Company saw -54.92% in overturn over a single year, with a tendency to cut further losses.
Reports are indicating that there were more than several insider trading activities at MTDR starting from FORRESTER ROGERS JULIA P., who purchase 1,000 shares at the price of $8.35 back on Sep 14. After this action, FORRESTER ROGERS JULIA P. now owns 32,939 shares of Matador Resources Company, valued at $8,350 using the latest closing price.
Ehrman Monika U, the Director of Matador Resources Company, purchase 1,100 shares at $9.40 during a trade that took place back on Sep 04, which means that Ehrman Monika U is holding 21,557 shares at $10,340 based on the most recent closing price.
Stock Fundamentals for MTDR
Current profitability levels for the company are sitting at:
- +27.21 for the present operating margin
- +35.00 for the gross margin
The net margin for Matador Resources Company stands at +8.54. The total capital return value is set at 8.32, while invested capital returns managed to touch 2.72. Equity return is now at value -8.80, with -3.90 for asset returns.
Based on Matador Resources Company (MTDR), the company’s capital structure generated 91.37 points at debt to equity in total, while total debt to capital is 47.74. Total debt to assets is 41.17, with long-term debt to equity ratio resting at 88.59. Finally, the long-term debt to capital ratio is 46.29.
Currently, EBITDA for the company is 71.09M with total debt to EBITDA at 2.51. When we switch over and look at the enterprise to sales, we see a ratio of 3.75, with the company’s debt to enterprise value settled at 0.44. The receivables turnover for the company is 6.13 and the total asset turnover is 0.27. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.70.