15 analysts have shared their evaluations of Matador Resources MTDR during the recent three months, expressing a mix of bullish and bearish perspectives.
Summarizing their recent assessments, the table below illustrates the evolving sentiments in the past 30 days and compares them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 9 | 6 | 0 | 0 | 0 |
| Last 30D | 1 | 0 | 0 | 0 | 0 |
| 1M Ago | 3 | 2 | 0 | 0 | 0 |
| 2M Ago | 5 | 1 | 0 | 0 | 0 |
| 3M Ago | 0 | 3 | 0 | 0 | 0 |
In the assessment of 12-month price targets, analysts unveil insights for Matador Resources, presenting an average target of $76.0, a high estimate of $87.00, and a low estimate of $62.00. This upward trend is apparent, with the current average reflecting a 3.78% increase from the previous average price target of $73.23.
Breaking Down Analyst Ratings: A Detailed Examination
In examining recent analyst actions, we gain insights into 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 |
|---|---|---|---|---|---|
| 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 |
| 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 |
Key Insights:
- Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to Matador Resources. This information provides a snapshot of how analysts perceive the current state of the company.
- Rating: Analysts unravel qualitative evaluations for stocks, ranging from 'Outperform' to 'Underperform'. These ratings offer insights into 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.
Navigating through these analyst evaluations alongside other financial indicators can contribute to a holistic understanding of Matador Resources's market standing. Stay informed and make data-driven decisions with our Ratings Table.
Stay up to date on Matador Resources analyst ratings.
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.
Matador Resources: Delving into Financials
Market Capitalization: Indicating a reduced size compared to industry averages, the company's market capitalization poses unique challenges.
Revenue Growth: Matador Resources's revenue growth over a period of 3 months has been noteworthy. As of 31 March, 2024, the company achieved a revenue growth rate of approximately 39.33%. This indicates a substantial 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: Matador Resources's net margin is impressive, surpassing industry averages. With a net margin of 24.67%, the company demonstrates strong profitability and effective cost management.
Return on Equity (ROE): Matador Resources's financial strength is reflected in its exceptional ROE, which exceeds industry averages. With a remarkable ROE of 4.65%, the company showcases efficient use of equity capital and strong financial health.
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: With a below-average debt-to-equity ratio of 0.45, Matador Resources adopts a prudent financial strategy, indicating a balanced approach to debt management.
The Significance of Analyst Ratings Explained
Experts in banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their comprehensive research involves attending company conference calls and meetings, analyzing financial statements, and engaging with insiders to generate what are known as analyst ratings for stocks. Typically, analysts assess and rate each stock once per quarter.
Analysts may supplement their ratings with predictions for metrics like growth estimates, earnings, and revenue, offering investors a more comprehensive outlook. However, investors should be mindful that analysts, like any human, can have subjective perspectives influencing their forecasts.
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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