Civitas Resources Inc (NYSE: CIVI) has a higher price-to-earnings ratio of 4.83x compared to its average ratio, The 36-month beta value for CIVI is at 1.48. Analysts have varying views on the stock, with 9 analysts rating it as a “buy,” 6 rating it as “overweight,” 1 as “hold,” and 0 as “sell.”
The public float for CIVI is 91.65M, and currently, shorts hold a 6.75% of that float. The average trading volume for CIVI on February 13, 2025 was 1.28M shares.
CIVI) stock’s latest price update
The stock of Civitas Resources Inc (NYSE: CIVI) has increased by 0.05 when compared to last closing price of 48.75.Despite this, the company has seen a gain of 1.42% in its stock price over the last five trading days. businesswire.com reported 2025-02-04 that DENVER–(BUSINESS WIRE)–Civitas updates conference call/webcast timing.
CIVI’s Market Performance
CIVI’s stock has risen by 1.42% in the past week, with a monthly drop of -8.95% and a quarterly drop of -6.56%. The volatility ratio for the week is 3.83% while the volatility levels for the last 30 days are 3.25% for Civitas Resources Inc The simple moving average for the last 20 days is -4.15% for CIVI’s stock, with a simple moving average of -15.48% for the last 200 days.
Analysts’ Opinion of CIVI
Many brokerage firms have already submitted their reports for CIVI stocks, with Morgan Stanley repeating the rating for CIVI by listing it as a “Overweight.” The predicted price for CIVI in the upcoming period, according to Morgan Stanley is $64 based on the research report published on January 10, 2025 of the current year 2025.
UBS, on the other hand, stated in their research note that they expect to see CIVI reach a price target of $60. The rating they have provided for CIVI stocks is “Neutral” according to the report published on October 16th, 2024.
JP Morgan gave a rating of “Overweight” to CIVI, setting the target price at $67 in the report published on September 18th of the previous year.
CIVI Trading at -0.17% from the 50-Day Moving Average
After a stumble in the market that brought CIVI to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -35.84% of loss for the given period.
Volatility was left at 3.25%, however, over the last 30 days, the volatility rate increased by 3.83%, as shares sank -11.50% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -6.53% lower at present.
During the last 5 trading sessions, CIVI rose by +0.83%, which changed the moving average for the period of 200-days by -34.48% in comparison to the 20-day moving average, which settled at $50.87. In addition, Civitas Resources Inc saw 6.33% 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 CIVI starting from CANADA PENSION PLAN INVESTMENT, who sale 6,956,520 shares at the price of $73.22 back on May 15 ’24. After this action, CANADA PENSION PLAN INVESTMENT now owns 9,524,201 shares of Civitas Resources Inc, valued at $509,356,394 using the latest closing price.
Stock Fundamentals for CIVI
Current profitability levels for the company are sitting at:
- 0.44 for the present operating margin
- 0.43 for the gross margin
The net margin for Civitas Resources Inc stands at 0.2. The total capital return value is set at 0.17. Equity return is now at value 15.61, with 7.11 for asset returns.
Based on Civitas Resources Inc (CIVI), the company’s capital structure generated 0.42 points at debt to capital in total, while cash flow to debt ratio is standing at 0.59. The debt to equity ratio resting at 0.73. The interest coverage ratio of the stock is 5.58.
Currently, EBITDA for the company is 2.34 billion with net debt to EBITDA at 1.33. When we switch over and look at the enterprise to sales, we see a ratio of 1.89. The receivables turnover for the company is 6.72for trailing twelve months and the total asset turnover is 0.34. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.45.
Conclusion
In conclusion, Civitas Resources Inc (CIVI) has had a mixed 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.
