SM Energy Co (NYSE: SM) on Monday, plunged -3.50% from the previous trading day, before settling in for the closing price of $43.48. Within the past 52 weeks, SM’s price has moved between $34.13 and $53.26.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Energy sector was 19.87%. The company achieved an average annual earnings per share of 17.66%. With a float of $112.49 million, this company’s outstanding shares have now reached $115.75 million.
Considering the fact that the conglomerate employs 544 people, you should pay attention to its efficiency factor. 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 Activity
Observing investor behavior towards Oil & Gas E&P industry stocks is more important than anything else. The insider ownership of SM Energy Co is 1.68%, while institutional ownership is 100.97%. 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) Earnings and Forecasts
As on 6/30/2024, Multinational firm has announced its last quarter scores, in which it reported 1.73 earnings per share (EPS) for the period topping the consensus outlook (set at 1.59) by 0.14. Wall Street market experts anticipate that the next fiscal year will bring earnings of 2.21 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 17.66% 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
SM Energy Co (SM) is currently performing well based on its current performance indicators. A quick ratio of 1.29 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 1.96. Likewise, its price to free cash flow for the trailing twelve months is 9.67.
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 8.11 in one year’s time.
Technical Analysis of SM Energy Co (SM)
Compared to the last year’s volume of 1.74 million, its volume of 1.14 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 52.07%. Additionally, its Average True Range was 1.43.
During the past 100 days, SM Energy Co’s (SM) raw stochastic average was set at 33.60%, which indicates a significant increase from 12.65% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 32.91% in the past 14 days, which was lower than the 45.58% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $42.67, while its 200-day Moving Average is $44.63. Nevertheless, the first resistance level for the watch stands at $42.29 in the near term. At $42.63, the stock is likely to face the second major resistance level. The third major resistance level sits at $43.11. If the price goes on to break the first support level at $41.47, it is likely to go to the next support level at $40.99. Should the price break the second support level, the third support level stands at $40.65.
SM Energy Co (NYSE: SM) Key Stats
Market capitalization of the company is 4.80 billion based on 115,000K outstanding shares. Right now, sales total 2,374 M and income totals 817,880 K. The company made 634,560 K in profit during its latest quarter, and 210,290 K in sales during its previous quarter.
