Sempra (SRE) recent activity suggests a positive outlook with the last week’s performance of 1.26%

Sempra (NYSE: SRE) on Friday, soared 0.61% from the previous trading day, before settling in for the closing price of $78.07. Within the past 52 weeks, SRE’s price has moved between $63.75 and $80.54.

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Annual sales at Utilities sector company grew by 9.60% over the past five years. The company achieved an average annual earnings per share of 3.88%. With a float of $632.54 million, this company’s outstanding shares have now reached $632.85 million.

Let’s look at the performance matrix of the company that is accounted for 16835 employees.

Sempra (SRE) Insider and Institutional Ownership

Observing investor behavior towards Utilities – Diversified industry stocks is more important than anything else. The insider ownership of Sempra is 0.05%, while institutional ownership is 98.82%. The most recent insider transaction that took place on Jun 18 ’24, was worth 457,927. In this transaction SVP, Controller and CAO of this company sold 6,100 shares at a rate of $75.07, taking the stock ownership to the 14,751 shares. Before that another transaction happened on May 17 ’24, when Company’s Director bought 1,925 for $77.97, making the entire transaction worth $150,092. This insider now owns 5,420 shares in total.

Sempra (SRE) Latest Financial update

As on 3/31/2024, Multinational firm has announced its last quarter scores, in which it reported 0.94 earnings per share (EPS) for the period topping the consensus outlook (set at 0.88) by 0.06. Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.12 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 3.88% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 5.90% during the next five years compared to 22.84% growth over the previous five years of trading.

Sempra (NYSE: SRE) Trading Performance Indicators

Sempra (SRE) is currently performing well based on its current performance indicators. A quick ratio of 0.57 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.66.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 4.52, a number that is poised to hit 0.93 in the next quarter and is forecasted to reach 5.15 in one year’s time.

Technical Analysis of Sempra (SRE)

Sempra (NYSE: SRE) saw its 5-day average volume 2.89 million, a negative change from its year-to-date volume of 3.0 million. As of the previous 9 days, the stock’s Stochastic %D was 64.98%. Additionally, its Average True Range was 1.31.

During the past 100 days, Sempra’s (SRE) raw stochastic average was set at 85.93%, which indicates a significant increase from 64.01% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 14.39% in the past 14 days, which was lower than the 17.89% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $76.41, while its 200-day Moving Average is $72.97. Nevertheless, the first resistance level for the watch stands at $79.11 in the near term. At $79.68, the stock is likely to face the second major resistance level. The third major resistance level sits at $80.20. If the price goes on to break the first support level at $78.02, it is likely to go to the next support level at $77.50. The third support level lies at $76.93 if the price breaches the second support level.

Sempra (NYSE: SRE) Key Stats

Market capitalization of the company is 49.71 billion based on 630,142K outstanding shares. Right now, sales total 16,720 M and income totals 3,075 M. The company made 3,640 M in profit during its latest quarter, and 812,000 K in sales during its previous quarter.