Sempra (SRE) 20 Days SMA touches 0.71%: The odds favor the bear

Sempra (NYSE: SRE) kicked off on Monday, up 0.74% from the previous trading day, before settling in for the closing price of $78.41. Over the past 52 weeks, SRE has traded in a range of $63.75-$83.68.

Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.

Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!

Get the FREE Report with all the details here.


Sponsored

During the last 5-year period, the sales growth of Utilities Sector giant was 9.60%. While this was happening, its average annual earnings per share was recorded 3.74%. With a float of $632.61 million, this company’s outstanding shares have now reached $633.15 million.

Let’s determine the extent of company efficiency that accounts for 16835 employees.

Sempra (SRE) Insider Activity

Our next focus will be how large-scale investors are participating in this stock of the Utilities – Diversified Industry. The insider ownership of Sempra is 0.08%, while institutional ownership is 98.98%. 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) Earnings and Forecasts

According to the Wall Street analysts, stocks earnings will be around 3.74% 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

Take a look at Sempra’s (SRE) current performance indicators. Last quarter, stock had a quick ratio of 0.41. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.79.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 4.68, a number that is poised to hit 1.15 in the next quarter and is forecasted to reach 5.15 in one year’s time.

Technical Analysis of Sempra (SRE)

Looking closely at Sempra (NYSE: SRE), its last 5-days average volume was 3.38 million, which is a jump from its year-to-date volume of 2.99 million. As of the previous 9 days, the stock’s Stochastic %D was 23.64%. Additionally, its Average True Range was 1.52.

During the past 100 days, Sempra’s (SRE) raw stochastic average was set at 72.86%, which indicates a significant increase from 33.14% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 23.76% in the past 14 days, which was higher than the 18.83% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $76.96, while its 200-day Moving Average is $73.51. However, in the short run, Sempra’s stock first resistance to watch stands at $79.32. Second resistance stands at $79.66. The third major resistance level sits at $80.26. If the price goes on to break the first support level at $78.39, it is likely to go to the next support level at $77.79. Should the price break the second support level, the third support level stands at $77.46.

Sempra (NYSE: SRE) Key Stats

The company with the Market Capitalisation of 50.01 billion has total of 630,142K Shares Outstanding. Its annual sales at the moment are 16,720 M in contrast with the sum of 3,075 M annual income. Company’s last quarter sales were recorded 3,640 M and last quarter income was 812,000 K.