On Monday, TXNM Energy Inc (NYSE: TXNM) opened higher 0.21% from the last session, before settling in for the closing price of $52.89. Price fluctuations for TXNM have ranged from $35.56 to $55.50 over the past 52 weeks.
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Annual sales at Utilities sector company grew by 7.12% over the past five years. Company’s average yearly earnings per share was noted 1.85% at the time writing. With a float of $91.42 million, this company’s outstanding shares have now reached $92.66 million.
Let’s look at the performance matrix of the company that is accounted for 1600 employees. In terms of profitability, gross margin is 65.62%, operating margin of 23.01%, and the pretax margin is 14.22%.
TXNM Energy Inc (TXNM) Insider and Institutional Ownership
A key investor’s attitude towards the stock of the Utilities – Regulated Electric industry is another important factor to consider. The insider ownership of TXNM Energy Inc is 1.33%, while institutional ownership is 107.55%. The most recent insider transaction that took place on Nov 21 ’24, was worth 111,366. In this transaction Director of this company sold 2,300 shares at a rate of $48.42, taking the stock ownership to the 25,378 shares. Before that another transaction happened on Nov 21 ’24, when Company’s Director proposed sale 3,750 for $48.35, making the entire transaction worth $181,313.
TXNM Energy Inc (TXNM) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around 1.85% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 6.77% during the next five years compared to 22.55% growth over the previous five years of trading.
TXNM Energy Inc (NYSE: TXNM) Trading Performance Indicators
Check out the current performance indicators for TXNM Energy Inc (TXNM). In the past quarter, the stock posted a quick ratio of 0.19. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.43.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.25, a number that is poised to hit 0.43 in the next quarter and is forecasted to reach 3.07 in one year’s time.
Technical Analysis of TXNM Energy Inc (TXNM)
TXNM Energy Inc (NYSE: TXNM) saw its 5-day average volume 0.89 million, a negative change from its year-to-date volume of 1.04 million. As of the previous 9 days, the stock’s Stochastic %D was 41.36%. Additionally, its Average True Range was 1.52.
During the past 100 days, TXNM Energy Inc’s (TXNM) raw stochastic average was set at 67.56%, which indicates a significant increase from 28.72% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 13.01% in the past 14 days, which was lower than the 27.17% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $52.43, while its 200-day Moving Average is $47.20. Nevertheless, the first resistance level for the watch stands at $55.52 in the near term. At $58.04, the stock is likely to face the second major resistance level. The third major resistance level sits at $59.58. If the price goes on to break the first support level at $51.46, it is likely to go to the next support level at $49.92. The third support level lies at $47.40 if the price breaches the second support level.
TXNM Energy Inc (NYSE: TXNM) Key Stats
There are currently 92,659K shares outstanding in the company with a market cap of 4.91 billion. Presently, the company’s annual sales total 1,971 M according to its annual income of 242,680 K. Last quarter, the company’s sales amounted to 476,960 K and its income totaled 15,840 K.
