Matador Resources (MTDR) Receiving Somewhat Favorable Press Coverage, Analysis Shows
News stories about Matador Resources (NYSE:MTDR) have been trending somewhat positive this week, according to Accern Sentiment. Accern rates the sentiment of media coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Matador Resources earned a news impact score of 0.18 on Accern’s scale. Accern also gave media coverage about the energy company an impact score of 45.2479029377586 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
Here are some of the headlines that may have effected Accern Sentiment Analysis’s analysis:
- Matador Resources Company (MTDR) Given a $35.00 Price Target at Northland Securities (americanbankingnews.com)
- Why Traders Are Chasing Abercrombie & Fitch Co. (ANF), Matador Resources Company (MTDR) – Newburgh Gazette (newburghgazette.com)
- Matador Resources Company (MTDR) Given Buy Rating at SunTrust Banks, Inc. (americanbankingnews.com)
- Head-To-Head Analysis: Canadian Natural Resources Limited (CNQ) versus Matador Resources (MTDR) (americanbankingnews.com)
Shares of Matador Resources (NYSE:MTDR) traded down $0.10 during mid-day trading on Thursday, hitting $26.98. 947,668 shares of the stock traded hands, compared to its average volume of 1,573,866. The stock has a market cap of $2,930.00, a price-to-earnings ratio of 51.31, a P/E/G ratio of 1.56 and a beta of 1.14. Matador Resources has a 1-year low of $20.13 and a 1-year high of $29.48. The company has a debt-to-equity ratio of 0.58, a quick ratio of 0.58 and a current ratio of 0.60.
Matador Resources (NYSE:MTDR) last announced its quarterly earnings data on Monday, November 6th. The energy company reported $0.18 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.10 by $0.08. The business had revenue of $126.28 million for the quarter, compared to analyst estimates of $123.62 million. Matador Resources had a net margin of 40.30% and a return on equity of 5.99%. The company’s revenue was up 42.3% on a year-over-year basis. During the same period in the prior year, the firm posted $0.06 EPS. equities analysts expect that Matador Resources will post 0.59 earnings per share for the current year.
A number of brokerages recently commented on MTDR. BMO Capital Markets set a $30.00 price objective on shares of Matador Resources and gave the company a “buy” rating in a research note on Tuesday. Northland Securities set a $35.00 price objective on shares of Matador Resources and gave the company a “buy” rating in a research note on Monday. Royal Bank Of Canada increased their price objective on shares of Matador Resources from $29.00 to $30.00 and gave the company an “outperform” rating in a research note on Monday. SunTrust Banks, Inc. reissued a “buy” rating and issued a $32.00 price objective on shares of Matador Resources in a research note on Friday, November 10th. Finally, BidaskClub raised shares of Matador Resources from a “hold” rating to a “buy” rating in a research note on Thursday, November 9th. Eight analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the stock. Matador Resources has an average rating of “Buy” and an average target price of $29.33.
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About Matador Resources
Matador Resources Company is an independent energy company engaged in the exploration, development, production and acquisition of oil and natural gas resources in the United States, with an emphasis on oil and natural gas shale and other unconventional plays. The Company’s segments include exploration and production, and midstream.
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