Diamondback Energy Inc (FANG) concluded trading on Thursday at a closing price of $123.16, with 4.37 million shares of worth about $537.86 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -36.44% during that period and on April 10, 2025 the price saw a loss of about -8.72%. Currently the company’s common shares owned by public are about 290.98M shares, out of which, 185.58M shares are available for trading.
Stock saw a price change of -12.83% in past 5 days and over the past one month there was a price change of -15.96%. Year-to-date (YTD), FANG shares are showing a performance of -24.82% which decreased to -39.31% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $114.00 but also hit the highest price of $212.93 during that period. The average intraday trading volume for Diamondback Energy Inc shares is 2.72 million. The stock is currently trading -17.48% below its 20-day simple moving average (SMA20), while that difference is down -19.28% for SMA50 and it goes to -29.83% lower than SMA200.
Diamondback Energy Inc (NASDAQ: FANG) currently have 290.98M outstanding shares and institutions hold larger chunk of about 57.82% of that.
The stock has a current market capitalization of $35.65B and its 3Y-monthly beta is at 1.06. PE ratio of stock for trailing 12 months is 7.80, while it has posted earnings per share of $15.79 in the same period. Its PEG reads 86.67 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 12.06% while standing at 4.96% over the month.
Stock’s fiscal year EPS is expected to drop by -10.19% while it is estimated to increase by 0.13% in next year. EPS is likely to shrink at an annualized rate of 0.09% 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 Citigroup on April 07, 2025 offering a Buy rating for the stock and assigned a target price of $180 to it. Coverage by Wolfe Research stated Diamondback Energy Inc (FANG) stock as an Outperform in their note to investors on January 03, 2025, suggesting a price target of $190 for the stock. On December 02, 2024, Goldman Resumed their recommendations, while on October 14, 2024, Citigroup Resumed their ratings for the stock with a price target of $195. Stock get an Outperform rating from BMO Capital Markets on October 04, 2024.
