Diamondback Energy Inc (NASDAQ: FANG)’s stock price has increased by 1.62 compared to its previous closing price of 174.77. However, the company has seen a 3.89% increase in its stock price over the last five trading sessions. zacks.com reported 2025-01-13 that Diamondback Energy (FANG) closed the most recent trading day at $177.61, moving +1.62% from the previous trading session.
Is It Worth Investing in Diamondback Energy Inc (NASDAQ: FANG) Right Now?
Diamondback Energy Inc (NASDAQ: FANG) has a price-to-earnings ratio that is above its average at 10.17x. The stock has a 36-month beta value of 1.84. Opinions on the stock are mixed, with 14 analysts rating it as a “buy,” 10 as “overweight,” 5 as “hold,” and 0 as “sell.”
The public float for FANG is 188.33M, and at present, short sellers hold a 2.79% of that float. On January 14, 2025, the average trading volume of FANG was 2.08M shares.
FANG’s Market Performance
The stock of Diamondback Energy Inc (FANG) has seen a 3.89% increase in the past week, with a 8.86% rise in the past month, and a -8.48% fall in the past quarter. The volatility ratio for the week is 2.78%, and the volatility levels for the past 30 days are at 2.46% for FANG. The simple moving average for the past 20 days is 8.73% for FANG’s stock, with a -5.34% simple moving average for the past 200 days.
Analysts’ Opinion of FANG
Many brokerage firms have already submitted their reports for FANG stocks, with Wolfe Research repeating the rating for FANG by listing it as a “Outperform.” The predicted price for FANG in the upcoming period, according to Wolfe Research is $190 based on the research report published on January 03, 2025 of the current year 2025.
Goldman, on the other hand, stated in their research note that they expect to see FANG reach a price target of $227. The rating they have provided for FANG stocks is “Buy” according to the report published on December 02nd, 2024.
Citigroup gave a rating of “Neutral” to FANG, setting the target price at $195 in the report published on October 14th of the previous year.
FANG Trading at 3.55% from the 50-Day Moving Average
After a stumble in the market that brought FANG to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -16.59% of loss for the given period.
Volatility was left at 2.46%, however, over the last 30 days, the volatility rate increased by 2.78%, as shares surge +8.36% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +1.12% upper at present.
During the last 5 trading sessions, FANG rose by +3.89%, which changed the moving average for the period of 200-days by -8.57% in comparison to the 20-day moving average, which settled at $163.35. In addition, Diamondback Energy Inc saw 8.41% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at FANG starting from WEST STEVEN E, who purchase 6,000 shares at the price of $162.66 back on Dec 16 ’24. After this action, WEST STEVEN E now owns 12,135 shares of Diamondback Energy Inc, valued at $975,960 using the latest closing price.
Van’t Hof Matthew Kaes, the President & CFO of Diamondback Energy Inc, sale 4,000 shares at $163.48 during a trade that took place back on Dec 13 ’24, which means that Van’t Hof Matthew Kaes is holding 96,718 shares at $653,928 based on the most recent closing price.
Stock Fundamentals for FANG
Current profitability levels for the company are sitting at:
- 0.44 for the present operating margin
- 0.63 for the gross margin
The net margin for Diamondback Energy Inc stands at 0.34. The total capital return value is set at 0.07. Equity return is now at value 11.92, with 6.83 for asset returns.
Based on Diamondback Energy Inc (FANG), the company’s capital structure generated 0.26 points at debt to capital in total, while cash flow to debt ratio is standing at 0.44. The debt to equity ratio resting at 0.35. The interest coverage ratio of the stock is 28.99.
Currently, EBITDA for the company is 6.17 billion with net debt to EBITDA at 1.88. When we switch over and look at the enterprise to sales, we see a ratio of 6.73. The receivables turnover for the company is 6.69for trailing twelve months and the total asset turnover is 0.15. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.45.
Conclusion
To sum up, Diamondback Energy Inc (FANG) has seen a better performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as 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.
