Throughout the last three months, 10 analysts have evaluated Matador Resources MTDR, offering a diverse set of opinions from bullish to bearish.
The table below offers a condensed view of their recent ratings, showcasing the changing sentiments over the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 6 | 4 | 0 | 0 | 0 |
| Last 30D | 0 | 1 | 0 | 0 | 0 |
| 1M Ago | 5 | 0 | 0 | 0 | 0 |
| 2M Ago | 0 | 3 | 0 | 0 | 0 |
| 3M Ago | 1 | 0 | 0 | 0 | 0 |
In the assessment of 12-month price targets, analysts unveil insights for Matador Resources, presenting an average target of $73.1, a high estimate of $85.00, and a low estimate of $62.00. This current average reflects an increase of 3.32% from the previous average price target of $70.75.
Investigating Analyst Ratings: An Elaborate Study
A comprehensive examination of how financial experts perceive Matador Resources is derived from recent analyst actions. The following is a detailed summary of key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Zach Parham | JP Morgan | Raises | Overweight | $77.00 | $76.00 |
| Neal Dingmann | Truist Securities | Raises | Buy | $85.00 | $82.00 |
| Nitin Kumar | Mizuho | Raises | Buy | $76.00 | $67.00 |
| Leo Mariani | Roth MKM | Raises | Buy | $71.00 | $66.00 |
| Leo Mariani | Roth MKM | Maintains | Buy | $66.00 | - |
| William Janela | Mizuho | Raises | Buy | $76.00 | $67.00 |
| Hanwen Chang | Wells Fargo | Raises | Overweight | $76.00 | $73.00 |
| Scott Hanold | RBC Capital | Maintains | Outperform | $70.00 | - |
| Gabe Daoud | TD Cowen | Raises | Outperform | $72.00 | $64.00 |
| Subash Chandra | Benchmark | Lowers | Buy | $62.00 | $71.00 |
Key Insights:
- Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to Matador Resources. This information provides a snapshot of how analysts perceive the current state of the company.
- Rating: Analyzing trends, analysts offer qualitative evaluations, ranging from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Matador Resources compared to the broader market.
- Price Targets: Analysts set price targets as an estimate of a stock's future value. Comparing the current and prior price targets provides insight into how analysts' expectations have changed over time. This information can be valuable for investors seeking to understand consensus views on the stock's potential future performance.
To gain a panoramic view of Matador Resources's market performance, explore these analyst evaluations alongside essential financial indicators. Stay informed and make judicious decisions using our Ratings Table.
Stay up to date on Matador Resources analyst ratings.
All You Need to Know About Matador Resources
Matador Resources Co is an independent energy company engaged in the exploration, development, production, and acquisition of oil and natural gas resources. The majority of the company's assets are located in the United States, with an emphasis on oil and natural gas shale and other unconventional plays. Along with maintaining a portfolio of oil and natural gas properties, Matador works to identify and develop midstream opportunities that support and enhance its exploration and development business.
Understanding the Numbers: Matador Resources's Finances
Market Capitalization Analysis: The company's market capitalization is below the industry average, suggesting that it is relatively smaller compared to peers. This could be due to various factors, including perceived growth potential or operational scale.
Revenue Growth: Matador Resources's remarkable performance in 3 months is evident. As of 31 December, 2023, the company achieved an impressive revenue growth rate of 18.09%. This signifies a substantial increase in the company's top-line earnings. As compared to its peers, the company achieved a growth rate higher than the average among peers in Energy sector.
Net Margin: Matador Resources's net margin is below industry standards, pointing towards difficulties in achieving strong profitability. With a net margin of 30.58%, the company may encounter challenges in effective cost control.
Return on Equity (ROE): Matador Resources's ROE lags behind industry averages, suggesting challenges in maximizing returns on equity capital. With an ROE of 6.72%, the company may face hurdles in achieving optimal financial performance.
Return on Assets (ROA): Matador Resources's ROA is below industry averages, indicating potential challenges in efficiently utilizing assets. With an ROA of 3.36%, the company may face hurdles in achieving optimal financial returns.
Debt Management: Matador Resources's debt-to-equity ratio is notably higher than the industry average. With a ratio of 0.56, the company relies more heavily on borrowed funds, indicating a higher level of financial risk.
Analyst Ratings: What Are They?
Experts in banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their comprehensive research involves attending company conference calls and meetings, analyzing financial statements, and engaging with insiders to generate what are known as analyst ratings for stocks. Typically, analysts assess and rate each stock once per quarter.
Analysts may enhance their evaluations by incorporating forecasts for metrics like growth estimates, earnings, and revenue, delivering additional guidance to investors. It is vital to acknowledge that, although experts in stocks and sectors, analysts are human and express their opinions when providing insights.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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