Across the recent three months, 15 analysts have shared their insights on Matador Resources MTDR, expressing a variety of opinions spanning from bullish to bearish.
The table below provides a snapshot of their recent ratings, showcasing how sentiments have evolved over the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 3 | 12 | 0 | 0 | 0 |
| Last 30D | 0 | 1 | 0 | 0 | 0 |
| 1M Ago | 1 | 5 | 0 | 0 | 0 |
| 2M Ago | 0 | 3 | 0 | 0 | 0 |
| 3M Ago | 2 | 3 | 0 | 0 | 0 |
Providing deeper insights, analysts have established 12-month price targets, indicating an average target of $77.33, along with a high estimate of $89.00 and a low estimate of $62.00. This current average represents a 2.27% decrease from the previous average price target of $79.13.
Breaking Down Analyst Ratings: A Detailed Examination
The analysis of recent analyst actions sheds light on the perception of Matador Resources by financial experts. 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 |
|---|---|---|---|---|---|
| Mike Scialla | Stephens & Co. | Raises | Overweight | $78.00 | $76.00 |
| Tim Rezvan | Keybanc | Lowers | Overweight | $72.00 | $76.00 |
| Phillip Jungwirth | BMO Capital | Raises | Outperform | $78.00 | $75.00 |
| Hanwen Chang | Wells Fargo | Lowers | Overweight | $87.00 | $89.00 |
| Neal Dingmann | Truist Securities | Lowers | Buy | $75.00 | $86.00 |
| Scott Hanold | RBC Capital | Maintains | Outperform | $75.00 | $75.00 |
| Mike Scialla | Stephens & Co. | Raises | Overweight | $76.00 | $74.00 |
| Scott Hanold | RBC Capital | Maintains | Outperform | $75.00 | $75.00 |
| William Janela | Mizuho | Lowers | Outperform | $74.00 | $85.00 |
| Zach Parham | JP Morgan | Lowers | Overweight | $76.00 | $83.00 |
| Hanwen Chang | Wells Fargo | Raises | Overweight | $89.00 | $88.00 |
| Scott Hanold | RBC Capital | Maintains | Outperform | $75.00 | $75.00 |
| Mike Scialla | Stephens & Co. | Lowers | Overweight | $81.00 | $83.00 |
| Subash Chandra | Benchmark | Maintains | Buy | $62.00 | $62.00 |
| Gabe Daoud | TD Cowen | Raises | Buy | $87.00 | $85.00 |
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: Gaining insights, analysts provide qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of Matador Resources compared to the broader market.
- Price Targets: Analysts explore the dynamics of price targets, providing estimates for the future value of Matador Resources's stock. This examination reveals shifts in analysts' expectations over time.
Analyzing these analyst evaluations alongside relevant financial metrics can provide a comprehensive view of Matador Resources's market position. Stay informed and make data-driven decisions with the assistance of 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: Indicating a reduced size compared to industry averages, the company's market capitalization poses unique challenges.
Revenue Growth: Matador Resources's remarkable performance in 3 months is evident. As of 30 June, 2024, the company achieved an impressive revenue growth rate of 31.59%. This signifies a substantial increase in the company's top-line earnings. When compared to others in the Energy sector, the company excelled with a growth rate higher than the average among peers.
Net Margin: Matador Resources's net margin is impressive, surpassing industry averages. With a net margin of 26.75%, the company demonstrates strong profitability and effective cost management.
Return on Equity (ROE): Matador Resources's ROE excels beyond industry benchmarks, reaching 5.06%. This signifies robust financial management and efficient use of shareholder equity capital.
Return on Assets (ROA): Matador Resources's financial strength is reflected in its exceptional ROA, which exceeds industry averages. With a remarkable ROA of 2.73%, the company showcases efficient use of assets and strong financial health.
Debt Management: Matador Resources's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 0.44.
Understanding the Relevance of 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.
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.
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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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