As of Thursday close, SM Energy Company’s (NYSE:SM) stock was up $1.68, moving up 4.72 percent to $37.30. The average number of shares traded per day over the past five days has been 1,588,540 shares. 3 times new highs have been achieved over the past 5 days, with a $2.63 gain in that time frame. In the last twenty days, the average volume was 1,512,040, while in the previous 50 days, it was 1,730,116.
Since last month, SM stock rose 18.15%. Shares of the company fell to $29.51 on 07/06/23, the lowest level in the past month. A 52-week high of $48.55 was reached on 08/03/23 after having rallying from a 52-week low of $24.66. Since the beginning of this year, SM’s stock price has risen by 7.09% or $2.47, and marked a new high 9 times. However, the stock has declined by -23.17% since its 52-week high.
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SM stock investors should be aware that SM Energy Company (SM) stock had its last reported insider trading activity 142 days ago on Mar 15. Vogel Herbert S, the President & CEO of the company, purchased of 1,000 shares for $25.63 on Mar 15. It resulted in a $25,630 investment by the insider. Vogel Herbert S added 1,000 shares at an average price of $29.15 on Mar 09. The insider now owns 405,063 shares following the transaction. On Mar 08, President & CEO Vogel Herbert S bought 1,000 shares at $29.48 apiece. The transaction was valued at $29,480.
Valuation Metrics
Right now, SM Energy Company (SM) has a P/E ratio of about 3.66. The stock’s beta is 4.39. Besides these, the trailing price-to-sales (P/S) ratio of 1.42, the price-to-book (PB) ratio of 1.40, and the price-to-cash flow ratio of 6.51 may also be considered.
The latest dividend of $0.15 per share was paid out, remained unchanged from last year’s $0.15. On Wednesday September 7 2022, a $0.14 dividend increase was announced.
Financial Health
In the three months ended March 30, SM Energy Company’s quick ratio stood at 1.30, while its current ratio was 1.30, showing that the company is able to pay off its debt. According to company report, the long-term debt-to-equity ratio for the quarter ending March 30 was 0.49, and the total debt-to-equity ratio was 0.49. On the profitability front, the trailing twelve-month gross margin is 79.90% percent. In the year ended March 30, EBITDA margin amounted to 76.36%, whereas operating margins totaled 54.80%. Based on annual data, SM earned $1.58 billion in gross profit and brought in $3.36 billion in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 26.40%. Return on equity (ROE) for the past 12 months was 43.40%.
In SM Energy Company’s quarter-end financial report for March 30, it reported total debt of $1.57 billion. According to the earnings report, the company had a lower net income in the recent quarter than it did in the previous quarter. SM’s revenue fell -80.14% to $573.51 million during the quarter, while net income inched up to $550.75 million. While analysts expected SM Energy Company to report $1.28 quarterly earnings, the actual figure was $1.33 per share, beating the consensus estimate by 3.90%. During the quarter, the company generated $427.61 million in EBITDA. The liabilities of SM Energy Company were 2.64 billion at the end of its most recent quarter ended March 30, and its total debt was $1.58 billion. The value of shareholders’ equity is $120.52 million.
Technical Picture
This quick technical analysis looks at SM Energy Company’s (SM) price momentum. With a historical volatility rate of 29.62%, the RSI 9-day stood at 73.12% on 03 August.
With respect to its five-day moving average, the current SM Energy Company price is up by +7.59% percent or $2.63. At present, SM shares trade +23.59% above its 20-day simple moving average and +29.56% percent above its 100-day simple moving average. However, the stock is currently trading approximately +32.50% above its SMA50 and -14.23% below its SMA200.
Stochastic coefficient K was 86.78% and Stochastic coefficient D was 90.04%, while ATR was 1.29. Given the Stochastic reading of 89.60% for the 14-day period, the RSI (14) reading has been calculated as 70.07%. As of today, the MACD Oscillator reading stands at 0.70, while the 14-day reading stands at 1.23.
Analyst Ratings
SM Energy Company downgraded its rating on SM Energy Company (NYSE: SM) to a Market perform in a note to investors on March 01, 2023. The analysts firm previously had an Outperform rating on the stock.SM Energy Company (SM) has been rated Overweight by analysts. According to 1 brokerage firm, SM is a sell, and 7 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 2 analysts rate SM Energy Company stock as buy, with 5 recommending it as overweight.
With a median target price of $43.00, the current consensus forecast for the stock is $32.00 – $59.00. Based on these forecasts, analysts predict SM Energy Company (SM) will achieve an average price target of $44.46.
