Analyst Ratings for Matador Resources Co. (MTDR)

Updated: 2017-07-27

Matador Resources Co. (NYSE:MTDR) was awarded an average rating of Overweight from investment analysts following the stock. MTDR had previously received a consensus rating of Overweight a month ago.

20 analysts issued ratings on the stock, where 13 gave MTDR a buy rating, 2 gave an overweight rating, 5 gave a hold rating, 0 issued an underweight rating, and 0 issued a sell rating. Compared to three months ago, there has been an increase of 0 in the number of analysts with a positive outlook on the stock. During this time, the number of analysts bearish on the stock has increased by 0.

MTDR was given price targets by several analysts. The maximum price target given was 38, implying a possible profit of 55.93 percent. The most pessimistic analyst gave a price target of 17, implying a possible loss of -30.24 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of -21.43 percent. That number becomes -15.38 percent if we expand the time horizon to include the past 3 months instead of just one. Meanwhile, fiscal year estimates have been revised downwards by -22.05 percent, compared to last month. If we look at the last 90 days instead, we find a net average change of -14.34 percent in FY estimates.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. Over the past month, 3 analysts increased their quarterly estimates, while 5 analysts made negative revisions. During this time, 3 analysts made positive revisions in their estimates for this fiscal year's earnings, compared to 6 analysts that revised their FY estimates downwards.

MTDR has an estimated earnings growth rate of 12.16 percent as forecasted by analysts. Another measure frequently examined by investors is the PEG ratio. Smaller PEG ratios are desirable, because people typically see that as an indicator of higher growth relative to stock price. PEG ratios below 1 are often considered desirable, even though it may be more relevant to compare the ratio to that of a firm's competitors. The PEG ratio of MTDR is 3.93.

In the last 52-weeks, MTDR has achieved a high of 28.51 and a low of 18.56. Today's price is 31.3 percent above the 52-week low, and 14.52 percent below the high. MTDR has a P/E ratio of 47.77. Investors typically compare the P/E ratio to a company's peers in the industry. The MTDR value stock report compares MTDR to some of its peers using value stock charts. The market cap of MTDR is $2.42 billion. MTDR's next earnings release will be on 0000-00-00, which is days away.