Mizuho set a $28.00 price target on Matador Resources Company (NYSE:MTDR) in a research note released on Saturday. The firm currently has a hold rating on the energy company’s stock.

A number of other analysts have also recently weighed in on the stock. BMO Capital Markets set a $29.00 price objective on shares of Matador Resources and gave the stock a buy rating in a report on Tuesday, October 10th. BidaskClub cut shares of Matador Resources from a strong-buy rating to a buy rating in a report on Saturday, October 7th. Stifel Nicolaus reissued a buy rating and set a $33.00 price objective on shares of Matador Resources in a report on Thursday, September 7th. Royal Bank Of Canada set a $29.00 price objective on shares of Matador Resources and gave the stock a buy rating in a report on Thursday, August 3rd. Finally, Barclays PLC set a $25.00 price objective on shares of Matador Resources and gave the stock a hold rating in a report on Wednesday, October 11th. Eight analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the company. The stock currently has a consensus rating of Buy and an average target price of $29.75.

Matador Resources (MTDR) opened at $28.36 on Friday. Matador Resources has a 12 month low of $20.13 and a 12 month high of $29.48. The company has a quick ratio of 0.58, a current ratio of 0.60 and a debt-to-equity ratio of 0.58. The stock has a market cap of $3,075.56, a P/E ratio of 52.52, a P/E/G ratio of 1.51 and a beta of 1.15.

Matador Resources (NYSE:MTDR) last issued its quarterly earnings results on Monday, November 6th. The energy company reported $0.18 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.10 by $0.08. Matador Resources had a net margin of 40.30% and a return on equity of 5.99%. The company had revenue of $126.28 million during the quarter, compared to the consensus estimate of $123.62 million. During the same quarter in the previous year, the firm earned $0.06 earnings per share. The firm’s quarterly revenue was up 42.3% on a year-over-year basis. equities research analysts forecast that Matador Resources will post 0.63 EPS for the current fiscal year.

Several institutional investors have recently made changes to their positions in the company. Principal Financial Group Inc. increased its holdings in shares of Matador Resources by 7.0% in the 1st quarter. Principal Financial Group Inc. now owns 12,555 shares of the energy company’s stock valued at $299,000 after acquiring an additional 816 shares during the period. TD Asset Management Inc. increased its holdings in shares of Matador Resources by 2.5% in the 2nd quarter. TD Asset Management Inc. now owns 36,200 shares of the energy company’s stock valued at $774,000 after acquiring an additional 897 shares during the period. Legal & General Group Plc increased its holdings in shares of Matador Resources by 3.7% in the 1st quarter. Legal & General Group Plc now owns 30,173 shares of the energy company’s stock valued at $718,000 after acquiring an additional 1,089 shares during the period. US Bancorp DE increased its holdings in shares of Matador Resources by 11.7% in the 2nd quarter. US Bancorp DE now owns 11,303 shares of the energy company’s stock valued at $241,000 after acquiring an additional 1,184 shares during the period. Finally, Connors Investor Services Inc. increased its holdings in shares of Matador Resources by 1.9% in the 2nd quarter. Connors Investor Services Inc. now owns 76,883 shares of the energy company’s stock valued at $1,643,000 after acquiring an additional 1,434 shares during the period. 85.63% of the stock is currently owned by institutional investors and hedge funds.

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Matador Resources Company Profile

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.

Analyst Recommendations for Matador Resources (NYSE:MTDR)

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