SM Energy Co (NYSE: SM) on Friday, plunged -7.44% from the previous trading day, before settling in for the closing price of $37.11. Within the past 52 weeks, SM’s price has moved between $36.13 and $53.26.
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A company in the Energy sector has jumped its sales by 23.15% annually for the last half of the decade. The company achieved an average annual earnings per share of 4.06%. With a float of $112.41 million, this company’s outstanding shares have now reached $114.46 million.
In an organization with 663 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 45.47%, operating margin of 45.59%, and the pretax margin is 41.58%.
SM Energy Co (SM) Insider Updates
Observing investor behavior towards Oil & Gas E&P industry stocks is more important than anything else. The insider ownership of SM Energy Co is 1.81%, while institutional ownership is 101.19%. 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
Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.66 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 4.06% per share during the next fiscal year.
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 0.55 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 1.46.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 6.67, a number that is poised to hit 1.76 in the next quarter and is forecasted to reach 7.27 in one year’s time.
Technical Analysis of SM Energy Co (SM)
Let’s dig in a bit further. During the last 5-days, its volume was 3.03 million. That was better than the volume of 1.69 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 19.78%. Additionally, its Average True Range was 1.62.
During the past 100 days, SM Energy Co’s (SM) raw stochastic average was set at 2.35%, which indicates a significant decrease from 4.01% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 50.36% in the past 14 days, which was higher than the 38.58% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $39.70, while its 200-day Moving Average is $43.41. However, in the short run, SM Energy Co’s stock first resistance to watch stands at $36.29. Second resistance stands at $38.22. The third major resistance level sits at $39.34. If the price goes on to break the first support level at $33.24, it is likely to go to the next support level at $32.12. Assuming the price breaks the second support level, the third support level stands at $30.19.
SM Energy Co (NYSE: SM) Key Stats
Market capitalization of the company is 3.93 billion based on 114,462K outstanding shares. Right now, sales total 2,374 M and income totals 817,880 K. The company made 643,610 K in profit during its latest quarter, and 240,520 K in sales during its previous quarter.
