A new trading day began on Monday, with TXNM Energy Inc. (NYSE: TXNM) stock price down -0.12% from the previous day of trading, before settling in for the closing price of $43.25. TXNM’s price has ranged from $34.62 to $44.87 over the past 52 weeks.
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Utilities Sector giant saw their annual sales surged by 7.08% over the last five years. Meanwhile, its annual earnings per share averaged -4.02%. With a float of $89.03 million, this company’s outstanding shares have now reached $90.20 million.
The firm has a total of 1600 workers. Let’s measure their productivity. In terms of profitability, gross margin is 58.46%, operating margin of 12.27%, and the pretax margin is 3.34%.
TXNM Energy Inc. (TXNM) Insider Activity
As we move forward, let’s examine how large-scale investors are investing in this stock of the Utilities – Regulated Electric Industry. The insider ownership of TXNM Energy Inc. is 1.30%, while institutional ownership is 97.65%.
TXNM Energy Inc. (TXNM) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around -4.02% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 4.30% during the next five years compared to -1.02% drop over the previous five years of trading.
TXNM Energy Inc. (NYSE: TXNM) Trading Performance Indicators
Here are TXNM Energy Inc.’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 0.37. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.11.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.90, a number that is poised to hit 1.44 in the next quarter and is forecasted to reach 2.82 in one year’s time.
Technical Analysis of TXNM Energy Inc. (TXNM)
Analysing the last 5-days average volume posted by the [TXNM Energy Inc., TXNM], we can find that recorded value of 0.72 million was lower than the volume posted last year of 0.96 million. As of the previous 9 days, the stock’s Stochastic %D was 27.18%. Additionally, its Average True Range was 0.67.
During the past 100 days, TXNM Energy Inc.’s (TXNM) raw stochastic average was set at 82.42%, which indicates a significant increase from 28.51% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 8.28% in the past 14 days, which was lower than the 18.62% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $41.74, while its 200-day Moving Average is $38.64. Now, the first resistance to watch is $43.49. This is followed by the second major resistance level at $43.78. The third major resistance level sits at $44.06. If the price goes on to break the first support level at $42.92, it is likely to go to the next support level at $42.64. Should the price break the second support level, the third support level stands at $42.35.
TXNM Energy Inc. (NYSE: TXNM) Key Stats
With a market capitalization of 3.90 billion, the company has a total of 90,200K Shares Outstanding. Currently, annual sales are 1,939 M while annual income is 88,350 K. The company’s previous quarter sales were 488,100 K while its latest quarter income was 48,180 K.
