With 3.04 million shares changed hands, the volume of the stock remained heavier than its average volume of 1.59 million shares. The 52-week range on VNOM shows that it touched its highest point at $56.76 and its lowest point at $33.71 during that stretch. It currently has a 1-year price target of $59.07. With its current market cap of 9.31 billion, VNOM has annualized dividend of $1.52 while the current yield stands at 3.54%. Beta for the stock currently stands at 1.24.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of VNOM was down-trending over the past week, with a drop of -3.74%, but this was down by -10.20% over a month. Three-month performance dropped to -20.59% while six-month performance fell -9.19%. The stock gained 20.86% in the past year, while it has lost -12.43% so far this year. A look at the trailing 12-month EPS for VNOM yields 3.67 with Next year EPS estimates of 2.18. For the next quarter, that number is 0.44. This implies an EPS growth rate of -47.18% for this year and 11.91% for next year. EPS is expected to decline by -6.97% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 38.51%.
Float and Shares Shorts:
At present, 131.31 million VNOM shares are outstanding with a float of 129.96 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for VNOM since 5 analysts follow the stock currently. There are 5 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $2.22457 being high and $1.81639 being low. For VNOM, this leads to a yearly average estimate of $2.0613. Based on analyst estimates, the high estimate for the next quarter is $0.68 and the low estimate is $0.25. The average estimate for the next quarter is thus $0.48.
Summary of Insider Activity:
Insiders traded VNOM stock several times over the past three months with 0 Buys and 0 Sells. In these transactions, 0 shares were bought while 0 shares were sold. The number of buy transactions has remained unchanged to 0 while that of sell transactions has remained unmoved to 0 over the past year. The total number of shares bought during that period was 0 while 0 shares were sold.
