Diamondback Energy Inc (FANG) concluded trading on Thursday at a closing price of $139.90, with 3.35 million shares of worth about $468.67 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -25.38% during that period and on March 06, 2025 the price saw a loss of about -1.96%. Currently the company’s common shares owned by public are about 290.98M shares, out of which, 186.68M shares are available for trading.
Stock saw a price change of -10.08% in past 5 days and over the past one month there was a price change of -15.87%. Year-to-date (YTD), FANG shares are showing a performance of -14.61% which decreased to -20.80% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $139.57 but also hit the highest price of $212.93 during that period. The average intraday trading volume for Diamondback Energy Inc shares is 2.44 million. The stock is currently trading -9.61% below its 20-day simple moving average (SMA20), while that difference is down -14.40% for SMA50 and it goes to -22.69% lower than SMA200.
Diamondback Energy Inc (NASDAQ: FANG) currently have 290.98M outstanding shares and institutions hold larger chunk of about 57.83% of that.
The stock has a current market capitalization of $40.49B and its 3Y-monthly beta is at 1.49. PE ratio of stock for trailing 12 months is 8.86, while it has posted earnings per share of $15.79 in the same period. Its PEG reads 80.55 and has Quick Ratio of 0.41 while making debt-to-equity ratio of 0.35. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for FANG, volatility over the week remained 4.68% while standing at 3.46% over the month.
Stock’s fiscal year EPS is expected to drop by -4.20% while it is estimated to increase by 1.68% in next year. EPS is likely to shrink at an annualized rate of 0.11% for next 5-years, compared to annual growth of 60.36% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Wolfe Research on January 03, 2025 offering an Outperform rating for the stock and assigned a target price of $190 to it. Coverage by Goldman stated Diamondback Energy Inc (FANG) stock as a Buy in their note to investors on December 02, 2024, suggesting a price target of $227 for the stock. On October 14, 2024, Citigroup Resumed their recommendations, while on October 04, 2024, BMO Capital Markets Upgrade their ratings for the stock with a price target of $215. Stock get an Overweight rating from Barclays on October 02, 2024.
