Viper Energy Inc (NASDAQ: VNOM) is -12.43% lower on its value in year-to-date trading and has touched a low of $33.71 and a high of $56.76 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The VNOM stock was last observed hovering at around $44.90 in the last trading session, with the day’s loss setting it -1.93%.
Currently trading at $42.97, the stock is -10.66% and -11.56% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.04 million and changing -4.30% at the moment leaves the stock -6.83% off its SMA200. VNOM registered 20.86% gain for a year compared to 6-month gain of -9.19%.
The stock witnessed a -10.20% loss in the last 1 month and extending the period to 3 months gives it a -20.59%, and is -3.74% down 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 5.19% over the week and 3.97% over the month.
Current P/E ratio is 11.70 and Fwd P/E is 19.70. Profit margin for the company is 42.02%. Distance from 52-week low is 27.49% and -24.30% from its 52-week high. The company has generated returns on investments over the last 12 months (12.95%).
with sales reaching $240.62M over the same period.The EPS is expected to shrink by -47.18% this year, but quarterly earnings will post 46.76% year-over-year. Quarterly sales are estimated to grow 17.15% in year-over-year returns.
The shares outstanding are 131.31M, and float is at 129.96M with Short Float at 5.60%.
The top institutional shareholder in the company is WELLINGTON MANAGEMENT GROUP LLP with over 13.55 million shares valued at $508.56 million. The investor’s holdings represent 15.48 of the VNOM Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 8.67 million shares valued at $325.28 million to account for 9.9011 of the shares outstanding. The other top investors are CAPITAL WORLD INVESTORS which holds 6.41 million shares representing 7.0144 and valued at over $240.68 million, while BLACKROCK INC. holds 4.521 of the shares totaling 3.96 million with a market value of $148.53 million.
Viper Energy Inc (VNOM) Insider Activity
A total of 0 insider transactions have happened at Viper Energy Inc (VNOM) in the last six months, with sales accounting for 0 and purchases happening 0 times. The most recent transaction is an insider sale by Diamondback Energy, Inc., the company’s Director. SEC filings show that Diamondback Energy, Inc. sold 13,225,000 shares of the company’s common stock on Mar 08 ’24 at a price of $34.12 per share for a total of $451.3 million. Following the sale, the insider now owns 0.0 shares.
Viper Energy Inc (VNOM): Who are the competitors?
One of the company’s main competitors (and peers) include Canadian Natural Resources Ltd. (CNQ) that is trading -23.68% down over the past 12 months.SandRidge Mississippian Trust (SDTTU) lies in the list of competitors of the Viper Energy Inc and is 38.36% higher over the same period from VNOM
