Falcon Minerals Corporation (NASDAQ:FLMN) went up by 7.90% from its latest closing price compared to the recent 1-year high of $5.69. The company’s stock price has collected 11.09% of gains in the last five trading sessions. Press Release reported on 10/04/21 that Thinking about buying stock in Xenon Pharmaceuticals, Meritor, RedHill Biopharma, Atea Pharmaceuticals, or Falcon Minerals?
Is It Worth Investing in Falcon Minerals Corporation (NASDAQ :FLMN) Right Now?
Falcon Minerals Corporation (NASDAQ:FLMN) scored a price-to-earnings ratio above its average ratio, recording 98.52 x from its present earnings ratio. Plus, the 36-month beta value for FLMN is at 1.70. Opinions of the stock are interesting as 4 analysts out of 7 who provided ratings for Falcon Minerals Corporation declared the stock was a “buy,” while 1 rated the stock as “overweight,” 2 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $6.76, which is $0.42 above the current price. FLMN currently public float of 38.96M and currently shorts hold a 1.60% ratio of that float. Today, the average trading volume of FLMN was 379.90K shares.
FLMN’s Market Performance
FLMN stocks went up by 11.09% for the week, with a monthly jump of 34.75% and a quarterly performance of 26.00%, while its annual performance rate touched 133.40%. The volatility ratio for the week stands at 5.33% while the volatility levels for the past 30 days are set at 4.97% for Falcon Minerals Corporation. The simple moving average for the period of the last 20 days is 23.33% for FLMN stocks with a simple moving average of 34.09% for the last 200 days.
Analysts’ Opinion of FLMN
Many brokerage firms have already submitted their reports for FLMN stocks, with Piper Sandler repeating the rating for FLMN by listing it as a “Neutral.” The predicted price for FLMN in the upcoming period, according to Piper Sandler is $5 based on the research report published on March 02nd of the previous year 2020.
Credit Suisse, on the other hand, stated in their research note that they expect to see FLMN reach a price target of $6, previously predicting the price at $7. The rating they have provided for FLMN stocks is “Neutral” according to the report published on February 03rd, 2020.
Stifel gave a rating of “Buy” to FLMN, setting the target price at $7.80 in the report published on January 09th of the previous year.
FLMN Trading at 28.81% from the 50-Day Moving Average
After a stumble in the market that brought FLMN to its low price for the period of the last 52 weeks, the company was able to rebound, for now settling with 5.62% of gains for the given period.
Volatility was left at 4.97%, however, over the last 30 days, the volatility rate increased by 5.33%, as shares surge +35.97% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +26.53% upper at present.
During the last 5 trading sessions, FLMN rose by +11.09%, which changed the moving average for the period of 200-days by +84.92% in comparison to the 20-day moving average, which settled at $4.95. In addition, Falcon Minerals Corporation saw 90.79% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for FLMN
Current profitability levels for the company are sitting at:
- +22.91 for the present operating margin
- +57.81 for the gross margin
The net margin for Falcon Minerals Corporation stands at +6.26. The total capital return value is set at 3.28, while invested capital returns managed to touch 1.49. Equity return is now at value 7.90, with 3.80 for asset returns.
Based on Falcon Minerals Corporation (FLMN), the company’s capital structure generated 33.37 points at debt to equity in total, while total debt to capital is 25.02. Total debt to assets is 14.94, with long-term debt to equity ratio resting at 32.88. Finally, the long-term debt to capital ratio is 24.66.
When we switch over and look at the enterprise to sales, we see a ratio of 7.28, with the company’s debt to enterprise value settled at 0.14. The receivables turnover for the company is 6.02 and the total asset turnover is 0.14. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.88.