Positives for Matador Resources Company (MTDR) as stock gains in recent trading

Matador Resources Company (NYSE: MTDR) is 28.69% higher on its value in year-to-date trading and has touched a low of $1.11 and a high of $19.73 in the current 52-week trading range. The MTDR stock was last observed hovering at around $15.48 in the last trading session, with the day’s gains setting it 0.04% off its average median price target of $13.00 for the next 12 months. It is also 13.78% off the consensus price target high of $18.00 offered by 16 analysts, but current levels are -72.44% lower than the price target low of $9.00 for the same period.


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Currently trading at $15.52, the stock is 22.32% and 47.48% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.9 million and changing 0.26% at the moment leaves the stock 81.70% off its SMA200. MTDR registered -15.70% loss for a year compared to 6-month gain of 101.04%. The firm has a 50-day simple moving average (SMA 50) of $12.21 and a 200-day simple moving average (SMA200) of $9.52.

The stock witnessed a 29.55% loss in the last 1 month and extending the period to 3 months gives it a 65.11%, and is 28.69% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 8.88% over the week and 7.23% over the month.

Matador Resources Company (MTDR) has around 304 employees, a market worth around $1.81B and $926.60M in sales. Fwd P/E is 16.15. Profit margin for the company is -51.80%. Distance from 52-week low is 1298.20% and -21.35% from its 52-week high. The company has generated returns on investments over the last 12 months (5.90%).

Matador Resources Company (MTDR) Analyst Forecasts

Analyst recommendations provided by FactSet shows that the consensus forecast for Matador Resources Company (MTDR) is a “Overweight”. 16 analysts offering their recommendations for the stock have an average rating of 2.20, where 5 rate it as a Hold and 2 think it is a “Overweight”. 9 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.

Matador Resources Company is expected to release its quarterly report on 05/05/2021 and quarterly earnings per share for the current quarter are estimated at $0.11 with sales reaching $234.62M over the same period.The EPS is expected to shrink by -68.90% this year, but quarterly earnings will post -1.70% year-over-year. Quarterly sales are estimated to shrink -9.30% in year-over-year returns.

Matador Resources Company (MTDR) Top Institutional Holders

295 institutions hold shares in Matador Resources Company (MTDR), with 6.92M shares held by insiders accounting for 5.92% while institutional investors hold 92.14% of the company’s shares. The shares outstanding are 116.16M, and float is at 109.91M with Short Float at 17.24%. Institutions hold 86.68% of the Float.

The top institutional shareholder in the company is Blackrock Inc. with over 16.59 million shares valued at $137.07 million. The investor’s holdings represent 14.20% of the MTDR Shares outstanding. As of Sep 29, 2020, the second largest holder is Vanguard Group, Inc. (The) with 11.97 million shares valued at $98.9 million to account for 10.25% of the shares outstanding. The other top investors are Dimensional Fund Advisors LP which holds 7.33 million shares representing 6.27% and valued at over $60.52 million, while State Street Corporation holds 5.87% of the shares totaling 6.86 million with a market value of $56.69 million.

Matador Resources Company (MTDR) Insider Activity

A total of 13 insider transactions have happened at Matador Resources Company (MTDR) in the last six months, with sales accounting for 0 and purchases happening 13 times. The most recent transaction is an insider purchase by Ehrman Monika U, the company’s Director. SEC filings show that Ehrman Monika U bought 1,123 shares of the company’s common stock on Nov 17 at a price of $8.93 per share for a total of $10028.0. Following the purchase, the insider now owns 22680.0 shares.

Matador Resources Company disclosed in a document filed with the SEC on Nov 06 that Foran Joseph Wm (Chairman and CEO) bought a total of 15,000 shares of the company’s common stock. The trade occurred on Nov 06 and was made at $6.69 per share for $0.1 million. Following the transaction, the insider now directly holds 0.41 million shares of the MTDR stock.

Still, SEC filings show that on Nov 06, Goodwin Billy E (EVP, COO – Operations) acquired 1,000 shares at an average price of $6.59 for $6590.0. The insider now directly holds 139,684 shares of Matador Resources Company (MTDR).

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Matador Resources Company (MTDR): Who are the competitors?

The company’s main competitors (and peers) include EOG Resources Inc. (EOG) that is trading -33.29% down over the past 12 months. Marathon Oil Corporation (MRO) is -43.87% down on the 1-year trading charts. Short interest in the company’s stock has fallen -13.3% from the last report on Nov 12, 2020 to stand at a total of 21.47 million short shares sold with a short interest ratio of 6.5.

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