The stock of Sitio Royalties Corp (STR) has seen a -10.52% decrease in the past week, with a -9.75% drop in the past month, and a -14.77% decrease in the past quarter. The volatility ratio for the week is 2.92%, and the volatility levels for the past 30 days are at 2.31% for STR. The simple moving average for the past 20 days is -7.19% for STR’s stock, with a -13.12% simple moving average for the past 200 days.
Is It Worth Investing in Sitio Royalties Corp (NYSE: STR) Right Now?
The 36-month beta value for STR is at 1.75. Analysts have varying views on the stock, with 5 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 as “hold,” and 1 as “sell.”
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The public float for STR is 77.58M, and currently, shorts hold a 4.42% of that float. The average trading volume for STR on September 27, 2024 was 652.55K shares.
STR) stock’s latest price update
The stock of Sitio Royalties Corp (NYSE: STR) has decreased by -5.15 when compared to last closing price of 20.99. Despite this, the company has experienced a -10.52% fall in its stock price over the last five trading sessions. seekingalpha.com reported 2024-08-08 that Sitio Royalties Corp. (NYSE:STR ) Q2 2024 Earnings Conference Call August 8, 2024 8:30 AM ET Company Participants Ross Wong – Vice President of Finance and Investor Relations Chris Conoscenti – Chief Executive Officer Carrie Osicka – Chief Financial Officer Conference Call Participants Neal Dingmann – Truist Securities Noel Parks – Tuohy Brothers Investment John Vinh – KeyBanc Capital Markets Betty Zhang – Barclays Operator Hello everyone, and a warm welcome to the Sitio Royalties Second Quarter 2024 Earnings Call. My name is Emily and I’ll be coordinating your call today.
Analysts’ Opinion of STR
Many brokerage firms have already submitted their reports for STR stocks, with Stephens repeating the rating for STR by listing it as a “Overweight.” The predicted price for STR in the upcoming period, according to Stephens is $32 based on the research report published on September 04, 2024 of the current year 2024.
Barclays, on the other hand, stated in their research note that they expect to see STR reach a price target of $26. The rating they have provided for STR stocks is “Underweight” according to the report published on April 10th, 2024.
Truist gave a rating of “Buy” to STR, setting the target price at $29 in the report published on January 30th of the current year.
STR Trading at -11.13% from the 50-Day Moving Average
After a stumble in the market that brought STR to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -23.27% of loss for the given period.
Volatility was left at 2.31%, however, over the last 30 days, the volatility rate increased by 2.92%, as shares sank -9.17% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -20.20% lower at present.
During the last 5 trading sessions, STR fell by -10.52%, which changed the moving average for the period of 200-days by -5.51% in comparison to the 20-day moving average, which settled at $21.35. In addition, Sitio Royalties Corp saw -15.31% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for STR
Current profitability levels for the company are sitting at:
- 0.34 for the present operating margin
- 0.46 for the gross margin
The net margin for Sitio Royalties Corp stands at -0.03. The total capital return value is set at 0.05. Equity return is now at value -1.10, with -0.40 for asset returns.
Based on Sitio Royalties Corp (STR), the company’s capital structure generated 0.41 points at debt to capital in total, while cash flow to debt ratio is standing at 0.43. The debt to equity ratio resting at 0.69. The interest coverage ratio of the stock is 2.41.
Currently, EBITDA for the company is 500.3 million with net debt to EBITDA at 1.89. When we switch over and look at the enterprise to sales, we see a ratio of 4.22. The receivables turnover for the company is 4.84for trailing twelve months and the total asset turnover is 0.13. The liquidity ratio also appears to be rather interesting for investors as it stands at 5.30.
Conclusion
In conclusion, Sitio Royalties Corp (STR) has had a bad performance lately. Opinion on the stock among analysts is bullish, with some giving it a “buy” rating and others a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
