With 0.82 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.78 million shares. The 52-week range on VNOM shows that it touched its highest point at $56.30 and its lowest point at $34.71 during that stretch. It currently has a 1-year price target of $58.19. With its current market cap of 10.07 billion, VNOM has annualized dividend of $2.17 while the current yield stands at 4.72%. Beta for the stock currently stands at 1.02.
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 up-trending over the past week, with a rise of 1.59%, but this was up by 3.16% over a month. Three-month performance dropped to -4.72% while six-month performance rose 3.29%. The stock gained 24.25% in the past year, while it has lost -5.61% so far this year. A look at the trailing 12-month EPS for VNOM yields 3.67 with Next year EPS estimates of 2.27. For the next quarter, that number is 0.45. This implies an EPS growth rate of -47.01% for this year and 16.07% for next year. EPS is expected to decline by -6.94% 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 130.20 million shares on hand for trading.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. The EBITDA in the recently reported quarter was $207941000.0 and diluted EPS was $nan.
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.
