Diamondback Energy, Inc. (NASDAQ:FANG) will report its next earnings on Feb 14 – Feb 20 (Est.). The company reported the earnings of $0.54/Share in the last quarter where the estimated EPS by analysts was $0.34/share. The difference between the expected and actual EPS was $0.2/share, which represents an Earnings surprise of 58.8%.
Many analysts are providing their Estimated Earnings analysis for Diamondback Energy, Inc. and for the current quarter 27 analysts have projected that the stock could give an Average Earnings estimate of $0.52/share. These analysts have also projected a Low Estimate of $0.3/share and a High Estimate of $0.8/share.
In case of Revenue Estimates, 22 analysts have provided their consensus Average Revenue Estimates for Diamondback Energy, Inc. as 165.4 Million. According to these analysts, the Low Revenue Estimate for Diamondback Energy, Inc. is 148.82 Million and the High Revenue Estimate is 190.59 Million. The company had Year Ago Sales of 114.32 Million.
These analysts also forecasted Growth Estimates for the Current Quarter for FANG to be -10.3%. They are projecting Next Quarter growth of 2450%. For the next 5 years, Diamondback Energy, Inc. is expecting Growth of 36.54% per annum, whereas in the past 5 years the growth was -8.82% per annum.
Some buy side analysts are also providing their Analysis on Diamondback Energy, Inc., where 6 analysts have rated the stock as Strong buy, 20 analysts have given a Buy signal, 4 said it’s a HOLD, 0 reported it as Underperform and 0 analysts rated the stock as Sell. (These Recommendations are for the Current Month Only reported by Yahoo Finance.)
When it comes to the Analysis of a Stock, Price Target plays a vital role. 29 Analysts reported that the Price Target for Diamondback Energy, Inc. might touch $148 high while the Average Price Target and Low price Target is $118.34 and $105 respectively.
To analyze a stock, one should look for Upgrades and Downgrades of a stock. Diamondback Energy, Inc. got Initiated on 6-Oct-16 where investment firm Mizuho Initiated the stock to Buy.
Diamondback Energy, Inc. closed its last trading session at $95.4 with the gain of 13.05%. The Market Capitalization of the company stands at 8.42 Billion. The Company has 52-week high of $108.51 and 52-week low of $55.48. The stock’s current distance from 20-Day Simple Moving Average (SMA20) is 12.25% where SMA50 and SMA200 are 12.01% and 21.59% respectively. The Company Touched its 52-Week High on Oct 11, 2016 and 52-Week Low on Jan 12, 2016.
The Relative Volume of the company is 6.07 and Average Volume (3 months) is 1.21 million. Diamondback Energy, Inc. P/E (price to earnings) ratio is 0 and Forward P/E ratio of 38.61.
The company shows its Return on Assets (ROA) value of -12.5%. The Return on Equity (ROE) value stands at -17.9%. While it’s Return on Investment (ROI) value is -22.8%.
While looking at the Stock’s Performance, Diamondback Energy, Inc. currently shows a Weekly Performance of 8.72%, where Monthly Performance is 18.14%, Quarterly performance is 13.23%, 6 Months performance is 16.7% and yearly performance percentage is 37.92%. Year to Date performance value (YTD perf) value is 61.21%. The Stock currently has a Weekly Volatility of 4.99% and Monthly Volatility of 3.96%.