Providing a diverse range of perspectives from bullish to bearish, 13 analysts have published ratings on Matador Resources MTDR in the last three months.
The following table summarizes their recent ratings, shedding light on the changing sentiments within the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 10 | 3 | 0 | 0 | 0 |
| Last 30D | 1 | 0 | 0 | 0 | 0 |
| 1M Ago | 0 | 0 | 0 | 0 | 0 |
| 2M Ago | 4 | 2 | 0 | 0 | 0 |
| 3M Ago | 5 | 1 | 0 | 0 | 0 |
Providing deeper insights, analysts have established 12-month price targets, indicating an average target of $77.92, along with a high estimate of $91.00 and a low estimate of $62.00. Witnessing a positive shift, the current average has risen by 3.66% from the previous average price target of $75.17.
Deciphering Analyst Ratings: An In-Depth Analysis
An in-depth analysis of recent analyst actions unveils how financial experts perceive Matador Resources. 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 |
|---|---|---|---|---|---|
| Neal Dingmann | Truist Securities | Raises | Buy | $91.00 | $87.00 |
| Nitin Kumar | Mizuho | Raises | Buy | $83.00 | $78.00 |
| Neal Dingmann | Truist Securities | Raises | Buy | $87.00 | $85.00 |
| Nitin Kumar | Mizuho | Raises | Buy | $78.00 | $76.00 |
| Subash Chandra | Benchmark | Lowers | Buy | $62.00 | $71.00 |
| Tim Rezvan | Keybanc | Raises | Overweight | $76.00 | $71.00 |
| Hanwen Chang | Wells Fargo | Raises | Overweight | $85.00 | $76.00 |
| Zach Parham | JP Morgan | Raises | Overweight | $77.00 | $76.00 |
| Neal Dingmann | Truist Securities | Raises | Buy | $85.00 | $82.00 |
| Nitin Kumar | Mizuho | Raises | Buy | $76.00 | $67.00 |
| Leo Mariani | Roth MKM | Raises | Buy | $71.00 | $66.00 |
| Leo Mariani | Roth MKM | Maintains | Buy | $66.00 | - |
| William Janela | Mizuho | Raises | Buy | $76.00 | $67.00 |
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 Matador Resources. 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 Matador Resources compared to the broader market.
- Price Targets: Analysts navigate through adjustments in price targets, providing estimates for Matador Resources's future value. Comparing current and prior targets offers insights into analysts' evolving expectations.
For valuable insights into Matador Resources's market performance, consider these analyst evaluations alongside crucial financial indicators. Stay well-informed and make prudent decisions using our Ratings Table.
Stay up to date on Matador Resources analyst ratings.
All You Need to Know About Matador Resources
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.
Unraveling the Financial Story of Matador Resources
Market Capitalization: With restricted market capitalization, the company is positioned below industry averages. This reflects a smaller scale relative to peers.
Positive Revenue Trend: Examining Matador Resources's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 39.33% as of 31 March, 2024, showcasing a substantial increase in top-line earnings. As compared to its peers, the company achieved a growth rate higher than the average among peers in Energy sector.
Net Margin: Matador Resources's net margin surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 24.67% net margin, the company effectively manages costs and achieves strong profitability.
Return on Equity (ROE): Matador Resources's ROE surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 4.65% ROE, the company effectively utilizes shareholder equity capital.
Return on Assets (ROA): Matador Resources's ROA excels beyond industry benchmarks, reaching 2.43%. This signifies efficient management of assets and strong financial health.
Debt Management: Matador Resources's debt-to-equity ratio is below the industry average at 0.45, reflecting a lower dependency on debt financing and a more conservative financial approach.
How Are Analyst Ratings Determined?
Analyst ratings serve as essential indicators of stock performance, provided by experts in banking and financial systems. These specialists diligently analyze company financial statements, participate in conference calls, and engage with insiders to generate quarterly ratings for individual stocks.
Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.
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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