In last trading session, Sable Offshore Corp (NYSE:SOC) saw 1.98 million shares changing hands with its beta currently measuring 0.66. Company’s recent per share price level of $28.06 trading at -$0.45 or -1.58% at ring of the bell on the day assigns it a market valuation of $2.51B. That closing price of SOC’s stock is at a discount of -15.22% from its 52-week high price of $32.33 and is indicating a premium of 58.09% from its 52-week low price of $11.76.
For Sable Offshore Corp (SOC), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.57. Splitting up the data highlights that, out of 2 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 0 suggested the stock as a Hold whereas 2 see the stock as a Buy. 0 analyst(s) advised it as an Underweight.
Sable Offshore Corp (NYSE:SOC) trade information
Upright in the red during last session for losing -1.58%, in the last five days SOC remained trading in the green while hitting it’s week-highest on Wednesday, 05/14/25 when the stock touched $28.06 price level, adding 3.17% to its value on the day. Sable Offshore Corp’s shares saw a change of 22.53% in year-to-date performance and have moved 33.81% in past 5-day. Sable Offshore Corp (NYSE:SOC) showed a performance of 41.93% in past 30-days.
Wall Street analysts have assigned a consensus price target of 30 to the stock, which implies a rise of 6.47% to its current value. Analysts have been projecting 30 as a low price target for the stock while placing it at a high target of 30. It follows that stock’s current price would drop -6.91% in reaching the projected high whereas dropping to the targeted low would mean a loss of -6.91% for stock’s current value.
Sable Offshore Corp (NYSE:SOC)’s Major holders
FMR LLC is the top institutional holder at SOC for having 9.02 million shares of worth $136.01 million. And as of 2024-06-30, it was holding 14.9999 of the company’s outstanding shares.
The second largest institutional holder is PILGRIM GLOBAL ADVISORS LLC, which was holding about 8.0 million shares on 2024-06-30. The number of shares represents firm’s hold over 13.2965 of outstanding shares, having a total worth of $120.56 million.
On the other hand, VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and iShares Trust-iShares Russell 2000 ETF are the top two Mutual Funds which own company’s shares. As of Dec 31, 2024, the former fund manager was holding 1.91 shares of worth $53.7 million or 2.14% of the total outstanding shares. The later fund manager was in possession of 1.33 shares on Mar 31, 2025, making its stake of worth around $37.31 million in the company or a holder of 1.49% of company’s stock.
