SM Energy Co (NYSE: SM) kicked off on Tuesday, up 1.97% from the previous trading day, before settling in for the closing price of $48.85. Over the past 52 weeks, SM has traded in a range of $25.03-$53.26.
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A company in the Energy sector has jumped its sales by 19.87% annually for the last half of the decade. While this was happening, its average annual earnings per share was recorded 5.84%. With a float of $113.52 million, this company’s outstanding shares have now reached $115.75 million.
In an organization with 544 employees, it is important to assess its efficiency.
SM Energy Co (SM) Insider Updates
Our next focus will be how large-scale investors are participating in this stock of the Oil & Gas E&P Industry. The insider ownership of SM Energy Co is 1.92%, while institutional ownership is 95.33%. The most recent insider transaction that took place on Mar 01 ’24, was worth 1,936,017. In this transaction SVP – Expl., Development & EHS of this company sold 43,506 shares at a rate of $44.50, taking the stock ownership to the 12,472 shares. Before that another transaction happened on Aug 30 ’23, when Company’s Director sold 44,000 for $42.06, making the entire transaction worth $1,850,640. This insider now owns 89,028 shares in total.
SM Energy Co (SM) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around 5.84% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 8.00% during the next five years compared to 8.90% growth over the previous five years of trading.
SM Energy Co (NYSE: SM) Trading Performance Indicators
Take a look at SM Energy Co’s (SM) current performance indicators. Last quarter, stock had a quick ratio of 1.45. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.43. Likewise, its price to free cash flow for the trailing twelve months is 12.14.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 6.87, a number that is poised to hit 1.28 in the next quarter and is forecasted to reach 7.24 in one year’s time.
Technical Analysis of SM Energy Co (SM)
Let’s dig in a bit further. During the last 5-days, its volume was 1.37 million. That was inferior than the volume of 1.58 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 24.10%. Additionally, its Average True Range was 1.36.
During the past 100 days, SM Energy Co’s (SM) raw stochastic average was set at 81.97%, which indicates a significant increase from 39.05% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 22.09% in the past 14 days, which was lower than the 28.58% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $46.39, while its 200-day Moving Average is $40.24. However, in the short run, SM Energy Co’s stock first resistance to watch stands at $50.58. Second resistance stands at $51.35. The third major resistance level sits at $52.54. If the price goes on to break the first support level at $48.62, it is likely to go to the next support level at $47.43. Assuming the price breaks the second support level, the third support level stands at $46.66.
SM Energy Co (NYSE: SM) Key Stats
The company with the Market Capitalisation of 5.77 billion has total of 115,747K Shares Outstanding. Its annual sales at the moment are 2,374 M in contrast with the sum of 817,880 K annual income. Company’s last quarter sales were recorded 608,730 K and last quarter income was 247,110 K.
