Granite Ridge Resources Stock Analysis

Granite Stock Analysis Notes

About 52.0% of the company shares are held by company insiders. The company has price-to-book (P/B) ratio of 1.28. Some equities with similar Price to Book (P/B) outperform the market in the long run. Granite Ridge Resources has Price/Earnings (P/E) ratio of 459.5. The entity last dividend was issued on the 29th of November 2024. The firm had 2499:1000 split on the 26th of March 2021. Granite Ridge Resources, Inc. manages private funds with interests in areas of the Midland, Delaware, Bakken, Eagle Ford, DJ, and Haynesville play. Granite Ridge operates under Shell Companies classification in the United States and is traded on New York Stock Exchange. To learn more about Granite Ridge Resources call Luke Brandenberg at 214 396 2850 or check out https://www.graniteridge.com.

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Granite Largest EPS Surprises

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Granite Ridge Environmental, Social, and Governance (ESG) Scores

Granite Stock Institutional Investors

Note, although Granite Ridge's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Granite Market Capitalization

The company currently falls under 'Small-Cap' category with a current market capitalization of 856.37 M.

Granite Profitablity

The company has Profit Margin (PM) of 0.13 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.41 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.41.

Management Efficiency

Granite Ridge Resources has return on total asset (ROA) of 0.08 % which means that it generated a profit of $0.08 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.0731 %, meaning that it created $0.0731 on every $100 dollars invested by stockholders. Granite Ridge's management efficiency ratios could be used to measure how well Granite Ridge manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to gain to 0.09 in 2024. Return On Capital Employed is likely to gain to 0.14 in 2024. At this time, Granite Ridge's Non Current Liabilities Total is comparatively stable compared to the past year. Change To Liabilities is likely to gain to about 11.9 M in 2024, whereas Total Current Liabilities is likely to drop slightly above 36.8 M in 2024.

Technical Drivers

As of the 1st of December, Granite Ridge retains the risk adjusted performance of 0.0294, and Market Risk Adjusted Performance of 0.0553. Granite Ridge technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices.

Granite Ridge Resources Price Movement Analysis

Granite Ridge Resources Insider Trading Activities

Granite Ridge Outstanding Bonds

Granite Ridge Predictive Daily Indicators

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Granite Ridge Forecast Models

Granite Ridge's time-series forecasting models are one of many Granite Ridge's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Granite Ridge's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Stock analysis is the technique used by a trader or investor to examine and evaluate how Granite Ridge prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Granite shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Granite Ridge. By using and applying Granite Stock analysis, traders can create a robust methodology for identifying Granite entry and exit points for their positions.

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Granite analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Granite analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.

Granite Ridge Resources stock analysis indicators help investors evaluate how Granite Ridge stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Granite Ridge shares will generate the highest return on investment. By understating and applying Granite Ridge stock analysis, traders can identify Granite Ridge position entry and exit signals to maximize returns.

When running Granite Ridge's price analysis, check to measure Granite Ridge's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Granite Ridge is operating at the current time. Most of Granite Ridge's value examination focuses on studying past and present price action to predict the probability of Granite Ridge's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Granite Ridge's price. Additionally, you may evaluate how the addition of Granite Ridge to your portfolios can decrease your overall portfolio volatility.