Matador Resources Company (NYSE:MTDR) went down by -2.73% from its latest closing price compared to the recent 1-year high of $18.15. The company’s stock price has collected 8.53% of gains in the last five trading sessions. Press Release reported on 10/27/20 that Matador Resources Company Reports Third Quarter 2020 Financial and Operating Results and Raises Full Year 2020 Guidance
Is It Worth Investing in Matador Resources Company (NYSE :MTDR) Right Now?
Plus, the 36-month beta value for MTDR is at 4.86. Opinions of the stock are interesting as 9 analysts out of 16 who provided ratings for Matador Resources Company declared the stock was a “buy,” while 2 rated the stock as “overweight,” 5 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $14.12, which is -$2.4 below the current price. MTDR currently public float of 109.91M and currently shorts hold a 17.24% ratio of that float. Today, the average trading volume of MTDR was 3.24M shares.
MTDR’s Market Performance
MTDR stocks went up by 8.53% for the week, with a monthly jump of 20.53% and a quarterly performance of 82.78%, while its annual performance rate touched -7.29%. The volatility ratio for the week stands at 5.47% while the volatility levels for the past 30 days are set at 6.80% for Matador Resources Company. The simple moving average for the period of the last 20 days is 21.96% for MTDR stocks with a simple moving average of 83.38% for the last 200 days.
Analysts’ Opinion of MTDR
Many brokerage firms have already submitted their reports for MTDR stocks, with BMO Capital Markets repeating the rating for MTDR by listing it as a “Outperform.” The predicted price for MTDR in the upcoming period, according to BMO Capital Markets is $16 based on the research report published on December 17th of the previous year 2020.
Truist, on the other hand, stated in their research note that they expect to see MTDR reach a price target of $15. The rating they have provided for MTDR stocks is “Buy” according to the report published on September 22nd, 2020.
Wells Fargo gave a rating of “Overweight” to MTDR, setting the target price at $13 in the report published on September 14th of the previous year.
MTDR Trading at 45.21% 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 -11.68% of loss for the given period.
Volatility was left at 6.80%, however, over the last 30 days, the volatility rate increased by 5.47%, as shares surge +31.39% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +126.73% upper at present.
During the last 5 trading sessions, MTDR rose by +8.53%, which changed the moving average for the period of 200-days by +622.07% in comparison to the 20-day moving average, which settled at $13.34. In addition, Matador Resources Company saw 32.92% in overturn over a single year, with a tendency to cut further gains.
Reports are indicating that there were more than several insider trading activities at MTDR starting from Ehrman Monika U, who purchase 1,123 shares at the price of $8.93 back on Nov 17. After this action, Ehrman Monika U now owns 22,680 shares of Matador Resources Company, valued at $10,028 using the latest closing price.
Foran Joseph Wm, the Chairman and CEO of Matador Resources Company, purchase 15,000 shares at $6.69 during a trade that took place back on Nov 06, which means that Foran Joseph Wm is holding 409,928 shares at $100,350 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 -28.10, with -11.90 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.
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.