Matador Resources MTDR underwent analysis by 9 analysts in the last quarter, revealing a spectrum of viewpoints from bullish to bearish.
The following table provides a quick overview of their recent ratings, highlighting the changing sentiments over the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 4 | 5 | 0 | 0 | 0 |
| Last 30D | 1 | 0 | 0 | 0 | 0 |
| 1M Ago | 1 | 3 | 0 | 0 | 0 |
| 2M Ago | 1 | 0 | 0 | 0 | 0 |
| 3M Ago | 1 | 2 | 0 | 0 | 0 |
Analysts have recently evaluated Matador Resources and provided 12-month price targets. The average target is $70.0, accompanied by a high estimate of $76.00 and a low estimate of $62.00. Observing a downward trend, the current average is 3.93% lower than the prior average price target of $72.86.
Decoding Analyst Ratings: A Detailed Look
The perception of Matador Resources by financial experts is analyzed through recent analyst actions. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| 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 |
| Tim Rezvan | Keybanc | Lowers | Overweight | $71.00 | $76.00 |
| John Freeman | Raymond James | Lowers | Outperform | $70.00 | $76.00 |
| Nitin Kumar | Mizuho | Lowers | Buy | $67.00 | $83.00 |
Key Insights:
- Action Taken: Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Matador Resources. This information offers a snapshot of how analysts perceive the current state of the company.
- Rating: Unveiling insights, analysts deliver qualitative insights into stock performance, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Matador Resources compared to the broader market.
- Price Targets: Gaining insights, analysts provide estimates for the future value of Matador Resources's stock. This comparison reveals trends in analysts' expectations over time.
Understanding these analyst evaluations alongside key financial indicators can offer valuable insights into Matador Resources's market standing. Stay informed and make well-considered decisions with our Ratings Table.
Stay up to date on Matador Resources analyst ratings.
Get to Know Matador Resources Better
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.
Matador Resources's Financial Performance
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 displayed positive results in 3 months. As of 31 December, 2023, the company achieved a solid revenue growth rate of approximately 18.09%. This indicates a notable increase in the company's top-line earnings. As compared to competitors, the company surpassed expectations with a growth rate higher than the average among peers in the Energy sector.
Net Margin: Matador Resources's net margin is below industry averages, indicating potential challenges in maintaining strong profitability. With a net margin of 30.58%, the company may face hurdles in effective cost management.
Return on Equity (ROE): Matador Resources's ROE is below industry averages, indicating potential challenges in efficiently utilizing equity capital. With an ROE of 6.72%, the company may face hurdles in achieving optimal financial returns.
Return on Assets (ROA): Matador Resources's ROA falls below industry averages, indicating challenges in efficiently utilizing assets. With an ROA of 3.36%, the company may face hurdles in generating optimal returns from its assets.
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.
How Are Analyst Ratings Determined?
Within the domain of banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their work involves attending company conference calls and meetings, researching company financial statements, and communicating with insiders to publish "analyst ratings" for stocks. Analysts typically assess and rate each stock once per quarter.
In addition to their assessments, some analysts extend their insights by offering predictions for key metrics such as earnings, revenue, and growth estimates. This supplementary information provides further guidance for traders. It is crucial to recognize that, despite their specialization, analysts are human and can only provide forecasts based on their beliefs.
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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