Unraveling the Fundamentals of FANG Stocks

By Blake Campbell • Monday, April 14 09:55 • Permanent Link

Large-cap Energy company Diamondback Energy has moved 0.9% so far today on a volume of 252,989, compared to its average of 2,777,522. In contrast, the S&P 500 index moved 1.0%.

Diamondback Energy trades -34.14% away from its average analyst target price of $197.7 per share. The 30 analysts following the stock have set target prices ranging from $145.0 to $240.0, and on average have given Diamondback Energy a rating of buy.

If you are considering an investment in FANG, you'll want to know the following:

Diamondback Energy's current price is -47.6% below its Graham number of $248.49, which implies the stock has a margin of safety
Diamondback Energy has moved -37.2% over the last year, and the S&P 500 logged a change of 6.0%
Based on its trailing earnings per share of 15.53, Diamondback Energy has a trailing 12 month Price to Earnings (P/E) ratio of 8.4 while the S&P 500 average is 29.3
FANG has a forward P/E ratio of 8.9 based on its forward 12 month price to earnings (EPS) of $14.64 per share
Its Price to Book (P/B) ratio is 1.0 compared to its sector average of 1.86
Diamondback Energy, Inc., an independent oil and natural gas company, acquires, develops, explores, and exploits unconventional, onshore oil and natural gas reserves in the Permian Basin in West Texas.
Based in Midland, the company has 1,983 full time employees and a market cap of $38.29 Billion. Diamondback Energy currently returns an annual dividend yield of 4.8%.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.