Sitio Royalties Corp. (NYSE: STR) is 36.09% higher on its value in year-to-date trading and has touched a low of $16.96 and a high of $31.60 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The STR stock was last observed hovering at around $25.68 in the last trading session, with the day’s gains setting it 0.83% off its average median price target of $35.00 for the next 12 months. It is also 38.35% off the consensus price target high of $43.00 offered by 8 analysts, but current levels are 5.32% higher than the price target low of $28.00 for the same period.
Currently trading at $26.51, the stock is 9.76% and -1.03% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.16 million and changing 3.23% at the moment leaves the stock 11.30% off its SMA200. STR registered 39.53% gain for a year compared to 6-month gain of 32.29%. The firm has a 50-day simple moving average (SMA 50) of $4.44 and a 200-day simple moving average (SMA200) of $6.37.
The stock witnessed a 3.39% loss in the last 1 month and extending the period to 3 months gives it a -9.71%, and is 4.25% 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 3.77% over the week and 5.53% over the month.
Sitio Royalties Corp. (STR) has around 11 employees, a market worth around $2.15B and $77.80M in sales. Current P/E ratio is 35.21 and Fwd P/E is 9.82. Profit margin for the company is 16.90%. Distance from 52-week low is 56.31% and -16.11% from its 52-week high. The company has generated returns on investments over the last 12 months (16.90%).
Sitio Royalties Corp. (STR) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for Sitio Royalties Corp. (STR) is a “Overweight”. 8 analysts offering their recommendations for the stock have an average rating of 2.00, where 1 rate it as a Hold and 2 think it is a “Overweight”. 5 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.
Sitio Royalties Corp. is expected to release its quarterly report on 11/10/2022.The EPS is expected to grow by 142.70% this year.
Sitio Royalties Corp. (STR) Top Institutional Holders
Sitio Royalties Corp. (STR) Insider Activity
A total of 17 insider transactions have happened at Sitio Royalties Corp. (STR) in the last six months, with sales accounting for 0 and purchases happening 17 times.