FLMN stock has undergone multiple analysts rating changes in the recent past. Falcon Minerals stock Target Raised by Piper Sandler on 10/13/2021. In a note to investors, the firm issued a new target price of $6.50. The analysts previously had $5.00 target price. Piper Sandler’s price target would indicate a potential upside of 8.15% from the stock’s previous close.
Shares of Falcon Minerals traded up $0.06 on Tuesday, reaching $6.07. 118604 shares of the stock traded hands, compared to its average volume of 580950. On Tuesday, Shares of Falcon Minerals closed at $6.07. The firm’s 50 day moving average is $4.72 and its 200 day moving average is $4.51.Falcon Minerals has a 12 month low of $1.82 and a 12 month high of $6.16. While on yearly highs and lows, Falcon Minerals today has traded high as $6.16 and has touched $6.00 on the downward trend.
Falcon Minerals Earnings and What to expect:
Falcon Minerals last issued its earnings data on August 4th, 2021. The reported $0.07 EPS for the quarter, missing the consensus estimate of $0.08 by $0.01. The firm had revenue of $16.16 million for the quarter, compared to analyst estimates of $19 million. Falcon Minerals has generated $0.05 earnings per share over the last year ($0.06 diluted earnings per share) and currently has a price-to-earnings ratio of 102.2. Earnings for Falcon Minerals are expected to grow by 66.67% in the coming year, from $0.24 to $0.40 per share. Falcon Minerals has not formally confirmed its next earnings publication date, but the company’s estimated earnings date is Wednesday, November 3rd, 2021 based off prior year’s report dates.
Earnings for Falcon Minerals are expected to grow by 66.67% in the coming year, from $0.24 to $0.40 per share. The P/E ratio of Falcon Minerals is 100.18, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 14.78. The P/E ratio of Falcon Minerals is 100.18, which means that it is trading at a more expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 18.25. Falcon Minerals has a P/B Ratio of 2.27. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.
Falcon Minerals (NASDAQ:FLMN) Moving Average Technical Analysis
5 day Moving Average is $$5.72 And 5 day price change is $0.73 (13.66%) with average volume for 5 day average is 792,628. While technical analysis for average 20 days shows significant difference, 20 day moving average is $5.03 and 20 day price change is $1.54 (33.81%) and average 20 day moving volume is 702,962. 50 day moving average is $4.72 and 50 day price change is $1.33 ( 27.93%) and with average volume for 50 days is : 471,385. 200 day moving average is $4.51 and 200 day price change is $2.94 (92.90%) and with average volume for 200 days is : 353,479.
Other owners latest trading in FLMN :
- On 10/8/2021 shares held by Golden Green Inc. were 108,201 which equates to market value of $0.51M and appx 0.40% owners of FLMN
- On 9/3/2021 shares held by Parametric Portfolio Associates LLC were 665,679 which equates to market value of $3.38M and appx 0.00% owners of FLMN
- On 8/25/2021 shares held by Marshall Wace LLP were 30,246 which equates to market value of $0.15M and appx 0.00% owners of FLMN
- In total Institutional ownership equates to Institutional Ownership Percentage: 30.50% for FLMN
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