Many Matador Resources Company(MTDR) Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock. Company shares were Reiterated by RBC Capital Mkts on Feb 3, 2017 to Outperform, Raises Price Target to $ 34 from a previous price target of $31 .Matador Resources Co was Initiated by Raymond James to Outperform on Jan 24, 2017. Matador Resources Co was Initiated by Tudor Pickering to Buy on Jan 20, 2017. Matador Resources Co was Downgraded by KLR Group to Hold on Nov 28, 2016. Matador Resources Co was Initiated by Deutsche Bank on Nov 28, 2016 to Hold, Price Target of the shares are set at $25.68.
Company has reported several Insider transactions to the SEC, on Dec 15, 2016, Steven W Ohnimus (director) sold 20,000 shares at 25.78 per share price.On Dec 15, 2016, David M. Laney (director) purchased 10,000 shares at 26.45 per share price.On Dec 12, 2016, William M Byerley (director) purchased 1,919 shares at 26.05 per share price.
Matador Resources Co Last issued its quarterly earnings results on Nov 1, 2016. The company reported $0.06 EPS for the quarter, beating the analyst consensus estimate by $ 0.07. Analyst had a consensus of $-0.01. The company had revenue of $88.70 million for the quarter, compared to analysts expectations of $76.79 million. The companys revenue was down -10.4 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.03 EPS.
Matador Resources Company (NYSE:MTDR) has received a short term rating of buy from experts at Zacks with a rank of 2. The stock has been rated an average of 1.73 by 15 Brokerage Firm. 9 Wall Street Firms have rated the stock as a strong buys. 1 stock experts have also suggested a buy rating. 5 Brokerage Firms have advised hold.
Matador Resources Company (NYSE:MTDR) shares are expected to touch $29.8 in the short term. This short term price target has been shared by 15 analysts. However, the standard deviation of short term price estimate has been valued at 3.32. The target price could hit $35 on the higher end and $23 on the lower end.
Matador Resources Company (NYSE:MTDR) rose 0.33% or 0.09 points on Tuesday and made its way into the gainers of the day. After trading began at $26.93 the stock was seen hitting $27.03 as a peak level and $26.57 as the lowest level. The stock ended up at $26.97. The daily volume was measured at 1,148,469 shares. The 52-week high of the share price is $28.51 and the 52-week low is $14.0209. The company has a market cap of $2,684 million.
Matador Resources Company is an energy company engaged in the exploration, development and acquisition of oil and natural gas resources in the United States. It focuses on oil and natural gas shale plays and other unconventional resource plays. Matador has operations primarily in Texas and Louisiana. The Company has acreage positions in west Texas, New Mexico, Wyoming, Utah and Idaho. Matador Resources Company is headquartered in Dallas, Texas.