A new trading day began on Monday, with SM Energy Co (NYSE: SM) stock price down -1.66% from the previous day of trading, before settling in for the closing price of $42.85. SM’s price has ranged from $34.13 to $53.26 over the past 52 weeks.
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It was noted that within the last five years, the titan of the Energy sector saw sales topped by 19.87%. Meanwhile, its annual earnings per share averaged 17.22%. With a float of $112.49 million, this company’s outstanding shares have now reached $115.75 million.
The extent of productivity of a business whose workforce counts for 544 workers is very important to gauge. In terms of profitability, gross margin is 46.35%, operating margin of 40.12%, and the pretax margin is 36.68%.
SM Energy Co (SM) Insider Updates
As we move forward, let’s examine how large-scale investors are investing in this stock of the Oil & Gas E&P Industry. The insider ownership of SM Energy Co is 1.68%, while institutional ownership is 100.17%. The most recent insider transaction that took place on Aug 26 ’24, was worth 287,500. In this transaction VP – Chief Accounting Officer of this company sold 6,059 shares at a rate of $47.45, taking the stock ownership to the 8,355 shares. Before that another transaction happened on Aug 26 ’24, when Company’s Officer proposed sale 6,059 for $47.45, making the entire transaction worth $287,481.
SM Energy Co (SM) Performance Highlights and Predictions
In its latest quarterly report, released on 6/30/2024, the company reported earnings of 1.73 per share, which was $0.1 higher than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of 2.23 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 17.22% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 9.00% 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
Here are SM Energy Co’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 1.29. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.97. Likewise, its price to free cash flow for the trailing twelve months is 9.71.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 6.94, a number that is poised to hit 1.48 in the next quarter and is forecasted to reach 8.01 in one year’s time.
Technical Analysis of SM Energy Co (SM)
The latest stats from [SM Energy Co, SM] show that its last 5-days average volume of 1.81 million was superior to 1.75 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 13.76%. Additionally, its Average True Range was 1.52.
During the past 100 days, SM Energy Co’s (SM) raw stochastic average was set at 33.51%, which indicates a significant increase from 16.21% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 40.51% in the past 14 days, which was lower than the 46.28% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $42.94, while its 200-day Moving Average is $44.52. Now, the first resistance to watch is $43.12. This is followed by the second major resistance level at $44.09. The third major resistance level sits at $44.62. If the price goes on to break the first support level at $41.62, it is likely to go to the next support level at $41.09. Assuming the price breaks the second support level, the third support level stands at $40.12.
SM Energy Co (NYSE: SM) Key Stats
With a market capitalization of 4.82 billion, the company has a total of 115,000K Shares Outstanding. Currently, annual sales are 2,374 M while annual income is 817,880 K. The company’s previous quarter sales were 634,560 K while its latest quarter income was 210,290 K.
