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.

Many analysts weighed in on price targets for MTDR. The most optimistic price target was 38, implying potential capital gains of 55.93 percent. The minimum price target given was 17, implying potential capital losses 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. The average change in earnings estimates over the last 90 days is -15.38 percent. 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. 3 analysts have revised their quarterly estimates upwards in the past 30 days, while 5 analysts made negative revisions. Over the same time period, 3 analysts revised their FY earnings estimates upwards, while 6 analysts decreased their estimates.

The growth rate of MTDR's earnings is estimated by analysts to be 12.16 percent. It's possible to gain additional insight about growth valuation of a company by looking at 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, though it could be better to see where the ratio stands relative to peers in the industry. MTDR has a PEG ratio of 3.93.

In the trailing 52-weeks, MTDR hit 28.51 at the highest peak, while it's lowest trading point was 18.56. Currently the stock is 31.3 percent higher than its low, and below the high by 14.52 percent. 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 stock has a market capitalization of $2.42 billion. MTDR's next earnings release will be on 0000-00-00, which is days away.