5 Analysts Assess Sitio Royalties: What You Need To Know

Across the recent three months, 5 analysts have shared their insights on Sitio Royalties STR, expressing a variety of opinions spanning from bullish to bearish.

The table below summarizes their recent ratings, showcasing the evolving sentiments within the past 30 days and comparing them to the preceding months.

Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish
Total Ratings 2 3 0 0 0
Last 30D 0 1 0 0 0
1M Ago 0 0 0 0 0
2M Ago 2 2 0 0 0
3M Ago 0 0 0 0 0

Providing deeper insights, analysts have established 12-month price targets, indicating an average target of $28.4, along with a high estimate of $31.00 and a low estimate of $26.00. A 7.64% drop is evident in the current average compared to the previous average price target of $30.75.

price target chart

Understanding Analyst Ratings: A Comprehensive Breakdown

In examining recent analyst actions, we gain insights into how financial experts perceive Sitio Royalties. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.

Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target
Mark Lear Piper Sandler Raises Overweight $27.00 $26.00
Neal Dingmann Truist Securities Announces Buy $29.00 -
Mark Lear Piper Sandler Lowers Overweight $26.00 $31.00
Derrick Whitfield Stifel Lowers Buy $31.00 $33.00
Tim Rezvan Keybanc Lowers Overweight $29.00 $33.00

Key Insights:

  • Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to Sitio Royalties. This insight gives a snapshot of analysts' perspectives on 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 Sitio Royalties compared to the broader market.
  • Price Targets: Understanding forecasts, analysts offer estimates for Sitio Royalties's future value. Examining the current and prior targets provides insight into analysts' changing expectations.

To gain a panoramic view of Sitio Royalties'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 Sitio Royalties analyst ratings.

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Discovering Sitio Royalties: A Closer Look

Sitio Royalties Corp is a pure-play mineral and royalty company. The group focuses on investing in mineral and royalty interests in the Permian and other productive U.S. oil basins.

Sitio Royalties's Economic Impact: An Analysis

Market Capitalization: With restricted market capitalization, the company is positioned below industry averages. This reflects a smaller scale relative to peers.

Revenue Growth: Sitio Royalties displayed positive results in 3 months. As of 31 December, 2023, the company achieved a solid revenue growth rate of approximately 49.43%. This indicates a notable increase in the company's top-line earnings. In comparison to its industry peers, the company stands out with a growth rate higher than the average among peers in the Energy sector.

Net Margin: Sitio Royalties's net margin is below industry averages, indicating potential challenges in maintaining strong profitability. With a net margin of -25.93%, the company may face hurdles in effective cost management.

Return on Equity (ROE): Sitio Royalties's ROE falls below industry averages, indicating challenges in efficiently using equity capital. With an ROE of -2.36%, the company may face hurdles in generating optimal returns for shareholders.

Return on Assets (ROA): Sitio Royalties's ROA is below industry standards, pointing towards difficulties in efficiently utilizing assets. With an ROA of -0.78%, the company may encounter challenges in delivering satisfactory returns from its assets.

Debt Management: The company maintains a balanced debt approach with a debt-to-equity ratio below industry norms, standing at 0.54.

What Are Analyst Ratings?

Benzinga tracks 150 analyst firms and reports on their stock expectations. Analysts typically arrive at their conclusions by predicting how much money a company will make in the future, usually the upcoming five years, and how risky or predictable that company's revenue streams are.

Analysts attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish their ratings on stocks. Analysts typically rate each stock once per quarter or whenever the company has a major update.

Beyond their standard evaluations, some analysts contribute predictions for metrics like growth estimates, earnings, and revenue, furnishing investors with additional guidance. Users of analyst ratings should be mindful that this specialized advice is shaped by human perspectives and may be subject to variability.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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