Civitas Resources Price To Sales vs. Shares Outstanding

CIVI Stock  USD 48.60  2.46  4.82%   
Based on Civitas Resources' profitability indicators, Civitas Resources is performing exceptionally good at this time. It has a great risk to showcase excellent profitability results in January. Profitability indicators assess Civitas Resources' ability to earn profits and add value for shareholders.

Civitas Resources Price To Sales Ratio

2.9

As of now, Civitas Resources' Price To Sales Ratio is decreasing as compared to previous years. The Civitas Resources' current EV To Sales is estimated to increase to 2.94, while Days Sales Outstanding is projected to decrease to 59.32. As of now, Civitas Resources' Income Tax Expense is increasing as compared to previous years. The Civitas Resources' current Net Income Applicable To Common Shares is estimated to increase to about 1.5 B, while Total Other Income Expense Net is projected to decrease to (235.6 M).
For Civitas Resources profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Civitas Resources to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Civitas Resources utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Civitas Resources's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Civitas Resources over time as well as its relative position and ranking within its peers.
  

Civitas Resources' Revenue Breakdown by Earning Segment

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For more detail on how to invest in Civitas Stock please use our How to Invest in Civitas Resources guide.
Is Oil & Gas Exploration & Production space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Civitas Resources. If investors know Civitas will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Civitas Resources listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.929
Dividend Share
6.06
Earnings Share
10.2
Revenue Per Share
51.373
Quarterly Revenue Growth
0.228
The market value of Civitas Resources is measured differently than its book value, which is the value of Civitas that is recorded on the company's balance sheet. Investors also form their own opinion of Civitas Resources' value that differs from its market value or its book value, called intrinsic value, which is Civitas Resources' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Civitas Resources' market value can be influenced by many factors that don't directly affect Civitas Resources' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Civitas Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine if Civitas Resources is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Civitas Resources' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Civitas Resources Shares Outstanding vs. Price To Sales Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Civitas Resources's current stock value. Our valuation model uses many indicators to compare Civitas Resources value to that of its competitors to determine the firm's financial worth.
Civitas Resources is rated below average in price to sales category among its peers. It is rated below average in shares outstanding category among its peers creating about  98,725,548  of Shares Outstanding per Price To Sales. As of now, Civitas Resources' Price To Sales Ratio is decreasing as compared to previous years. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Civitas Resources' earnings, one of the primary drivers of an investment's value.

Civitas Shares Outstanding vs. Price To Sales

Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.

Civitas Resources

P/S

 = 

MV Per Share

Revenue Per Share

 = 
0.98 X
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.
Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.

Civitas Resources

Shares Outstanding

 = 

Public Shares

-

Repurchased

 = 
96.51 M
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.

Civitas Shares Outstanding Comparison

Civitas Resources is currently under evaluation in shares outstanding category among its peers.

Civitas Resources Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Civitas Resources, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Civitas Resources will eventually generate negative long term returns. The profitability progress is the general direction of Civitas Resources' change in net profit over the period of time. It can combine multiple indicators of Civitas Resources, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Last ReportedProjected for Next Year
Operating Income1.2 B1.3 B
Income Before Tax999.5 MB
Total Other Income Expense Net-224.4 M-235.6 M
Net Income784.3 M888 M
Income Tax Expense215.2 M225.9 M
Net Income Applicable To Common Shares1.4 B1.5 B
Net Interest Income-100.2 M-95.2 M
Net Income From Continuing Ops763.3 M463.7 M
Non Operating Income Net Other-268.3 M-281.7 M
Change To Netincome786.9 M826.2 M
Net Income Per Share 9.09  9.55 
Income Quality 2.85  3.17 
Net Income Per E B T 0.78  1.26 

Civitas Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Civitas Resources. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Civitas Resources position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Civitas Resources' important profitability drivers and their relationship over time.

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Our tools can tell you how much better you can do entering a position in Civitas Resources without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Use Investing Themes to Complement your Civitas Resources position

In addition to having Civitas Resources in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Exotic Funds Theme
Funds or Etfs with high minimum investment requirement that manage portfolios of alternative investments such as hedge funds, options, futures, real estate or commodities. The Exotic Funds theme has 44 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Exotic Funds Theme or any other thematic opportunities.
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When determining whether Civitas Resources offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Civitas Resources' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Civitas Resources Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Civitas Resources Stock:
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For more detail on how to invest in Civitas Stock please use our How to Invest in Civitas Resources guide.
You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
To fully project Civitas Resources' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Civitas Resources at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Civitas Resources' income statement, its balance sheet, and the statement of cash flows.
Potential Civitas Resources investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Civitas Resources investors may work on each financial statement separately, they are all related. The changes in Civitas Resources's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Civitas Resources's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.