While Civitas Resources Inc has underperformed by -0.07%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, CIVI fell by -10.67%, with highs and lows ranging from $76.02 to $42.32, whereas the simple moving average fell by -8.32% in the last 200 days.
On January 10, 2025, Morgan Stanley started tracking Civitas Resources Inc (NYSE: CIVI) recommending Overweight. A report published by UBS on October 16, 2024, Initiated its previous ‘Neutral’ rating for CIVI. JP Morgan also rated CIVI shares as ‘Overweight’, setting a target price of $67 on the company’s shares in an initiating report dated September 18, 2024. Wolfe Research Initiated an Outperform rating on July 18, 2024, and assigned a price target of $90. TD Cowen initiated its ‘Buy’ rating for CIVI, as published in its report on June 13, 2024. RBC Capital Mkts’s report from May 28, 2024 suggests a price prediction of $90 for CIVI shares, giving the stock a ‘Outperform’ rating. Piper Sandler also rated the stock as ‘Overweight’.
Analysis of Civitas Resources Inc (CIVI)
CIVI currently pays a dividend of $2.00 per share, which means investors will get a return regardless of the company’s performance over the next few months. Further, the quarter-over-quarter increase in sales is 22.79%, showing a positive trend in the upcoming months.
In order to gain a clear picture of Civitas Resources Inc’s future performance, a variety of well-rounded analysis and research techniques can be applied, with equity being the most critical. The goal here is to ensure that your current return on equity of 15.61% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 0.45, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
An average volume of 1.27M can be a very valuable indicator of volatility for CIVI stock. On a monthly basis, the volatility of the stock is set at 3.21%, whereas on a weekly basis, it is put at 3.14%, with a gain of 11.96% over the past seven days. Furthermore, long-term investors anticipate a median target price of $73.94, showing growth from the present price of $54.75, which can serve as yet another indication of whether CIVI is worth investing in or should be passed over.
How Do You Analyze Civitas Resources Inc Shares?
The USA based company Civitas Resources Inc (CIVI) is one of the biggest names in Oil & Gas E&P. When comparing Civitas Resources Inc shares with other companies under Energy, the P/E value is an influential factor to note. This is because it represents an indication of the future growth of the company in terms of investors’ expectations. Ultimately, the value of the latter should demonstrate steady, rapid growth, which is an accurate measure of the company’s progress. In addition to the value of 5.42, there is a growth in quarterly earnings of 93.26%.
In addition to the fundamentals, you should also consider how many employees own shares in the company. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 5.08%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 93.82% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
CIVI shares are owned by institutional investors to the tune of 93.82% at present.
