7 analysts have shared their evaluations of Sitio Royalties (NYSE:STR) during the recent three months, expressing a mix of bullish and bearish perspectives.
The following table summarizes their recent ratings, shedding light on the changing sentiments within the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 2 | 4 | 0 | 1 | 0 |
| Last 30D | 0 | 1 | 0 | 0 | 0 |
| 1M Ago | 1 | 1 | 0 | 1 | 0 |
| 2M Ago | 0 | 1 | 0 | 0 | 0 |
| 3M Ago | 1 | 1 | 0 | 0 | 0 |
The 12-month price targets assessed by analysts reveal further insights, featuring an average target of $28.14, a high estimate of $32.00, and a low estimate of $26.00. Surpassing the previous average price target of $28.00, the current average has increased by 0.5%.
Interpreting Analyst Ratings: A Closer Look
The standing of Sitio Royalties among financial experts is revealed through an in-depth exploration of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Tim Rezvan | Keybanc | Raises | Overweight | $29.00 | $27.00 |
| Mark Lear | Piper Sandler | Raises | Overweight | $28.00 | $27.00 |
| Betty Jiang | Barclays | Announces | Underweight | $26.00 | - |
| Neal Dingmann | Truist Securities | Raises | Buy | $32.00 | $29.00 |
| Mark Lear | Piper Sandler | Raises | Overweight | $27.00 | $26.00 |
| Neal Dingmann | Truist Securities | Announces | Buy | $29.00 | - |
| Mark Lear | Piper Sandler | Lowers | Overweight | $26.00 | $31.00 |
Key Insights:
- Action Taken: Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Sitio Royalties. This information offers a snapshot of how analysts perceive the current state of the company.
- Rating: Providing a comprehensive analysis, analysts offer qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of Sitio Royalties compared to the broader market.
- Price Targets: Analysts explore the dynamics of price targets, providing estimates for the future value of Sitio Royalties's stock. This examination reveals shifts in analysts' expectations over time.
Assessing these analyst evaluations alongside crucial financial indicators can provide a comprehensive overview of Sitio Royalties's market position. Stay informed and make well-judged decisions with the assistance of our Ratings Table.
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Unveiling the Story Behind Sitio Royalties
Sitio Royalties Corp is a pure-play mineral and royalty company. The group focuses on investing in mineral and royalty interests in the Permian and other productive U.S. oil basins.
Sitio Royalties's Economic Impact: An Analysis
Market Capitalization Analysis: Falling below industry benchmarks, the company's market capitalization reflects a reduced size compared to peers. This positioning may be influenced by factors such as growth expectations or operational capacity.
Positive Revenue Trend: Examining Sitio Royalties's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 49.43% as of 31 December, 2023, showcasing a substantial increase in top-line earnings. In comparison to its industry peers, the company stands out with a growth rate higher than the average among peers in the Energy sector.
Net Margin: Sitio Royalties's net margin is below industry standards, pointing towards difficulties in achieving strong profitability. With a net margin of -25.93%, the company may encounter challenges in effective cost control.
Return on Equity (ROE): The company's ROE is below industry benchmarks, signaling potential difficulties in efficiently using equity capital. With an ROE of -2.36%, the company may need to address challenges in generating satisfactory returns for shareholders.
Return on Assets (ROA): Sitio Royalties's ROA is below industry standards, pointing towards difficulties in efficiently utilizing assets. With an ROA of -0.78%, the company may encounter challenges in delivering satisfactory returns from its assets.
Debt Management: The company maintains a balanced debt approach with a debt-to-equity ratio below industry norms, standing at 0.54.
The Significance of Analyst Ratings Explained
Experts in banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their comprehensive research involves attending company conference calls and meetings, analyzing financial statements, and engaging with insiders to generate what are known as analyst ratings for stocks. Typically, analysts assess and rate each stock once per quarter.
Analysts may supplement their ratings with predictions for metrics like growth estimates, earnings, and revenue, offering investors a more comprehensive outlook. However, investors should be mindful that analysts, like any human, can have subjective perspectives influencing their forecasts.
This article was generated by Benzinga's automated content engine and reviewed by an editor.