As of Friday close, Sempra’s (NYSE:SRE) stock was down -$0.14, moving down -0.19 percent to $71.82. The average number of shares traded per day over the past five days has been 2,402,140 shares. 3 times new highs have been achieved over the past 5 days, with a -$1.28 fall in that time frame. In the last twenty days, the average volume was 2,229,185, while in the previous 50 days, it was 2,152,054.
Since last month, SRE stock retreated -0.06%. Shares of the company fell to $68.77 on 09/05/23, the lowest level in the past month. A 52-week high of $84.12 was reached on 01/17/23 after having rallying from a 52-week low of $68.27. Since the beginning of this year, SRE’s stock price has dropped by -7.05% or -$5.45, and marked a new high 6 times. However, the stock has declined by -14.63% since its 52-week high.
SRE stock investors should be aware that Sempra (SRE) stock had its last reported insider trading activity 192 days ago on Mar 15. Martin Jeffrey W, the Chairman, CEO and President of the company, disposed of 19,260 shares for $146.09 on Mar 15. It resulted in a $2,813,736 divestment by the insider. MIHALIK TREVOR I sold 2,306 shares at an average price of $148.50 on Mar 01. The insider now owns 21,362 shares following the transaction. On Feb 28, Chairman, CEO and President Martin Jeffrey W sold 10,413 shares at $150.99 apiece. The transaction was valued at $1,572,276.
Valuation Metrics
Right now, Sempra (SRE) has a P/E ratio of about 18.18. The stock’s beta is 0.73. Besides these, the trailing price-to-sales (P/S) ratio of 2.66, the price-to-book (PB) ratio of 1.68.
The latest dividend of $0.5950 per share was paid out, remained unchanged from last year’s $0.5950.
Financial Health
In the three months ended June 29, Sempra’s quick ratio stood at 0.50, while its current ratio was 0.60, showing that the company is not able to pay off its debt. According to company report, the long-term debt-to-equity ratio for the quarter ending June 29 was 1.02, and the total debt-to-equity ratio was 1.15. In the year ended June 29, EBITDA margin amounted to 35.65%, whereas operating margins totaled 19.20%. Based on annual data, SRE earned $2.3 billion in gross profit and brought in $14.44 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 3.20%. Return on equity (ROE) for the past 12 months was 9.40%.
In Sempra’s quarter-end financial report for June 29, it reported total debt of $27.52 billion. According to the earnings report, the company had a lower net income in the recent quarter than it did in the previous quarter. SRE’s revenue fell -6.36% to $6.56 billion during the quarter, while net income inched up to $3.33 billion. While analysts expected Sempra to report $0.88 quarterly earnings, the actual figure was $0.94 per share, beating the consensus estimate by 6.80%. During the quarter, the company generated $1.34 billion in EBITDA. The liabilities of Sempra were 51.71 billion at the end of its most recent quarter ended June 29, and its total debt was $31.25 billion. The value of shareholders’ equity is $629.31 million.
Technical Picture
This quick technical analysis looks at Sempra’s (SRE) price momentum. With a historical volatility rate of 16.69%, the RSI 9-day stood at 47.29% on 22 September.
With respect to its five-day moving average, the current Sempra price is down by -1.75% percent or -$1.28. At present, SRE shares trade +1.47% above its 20-day simple moving average and -8.19% percent below its 100-day simple moving average. However, the stock is currently trading approximately -3.96% below its SMA50 and -12.25% below its SMA200.
Stochastic coefficient K was 62.61% and Stochastic coefficient D was 74.70%, while ATR was 1.14. Given the Stochastic reading of 53.04% for the 14-day period, the RSI (14) reading has been calculated as 49.08%. As of today, the MACD Oscillator reading stands at -0.29, while the 14-day reading stands at 0.54.
Analyst Ratings
Barclays launched its rating on Sempra (NYSE: SRE) to an Overweight in a note to investors on August 23, 2023. Sempra (SRE) has been rated Overweight by analysts. According to 0 brokerage firms, SRE 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 Sempra stock as buy, with 10 recommending it as overweight.
With a median target price of $82.75, the current consensus forecast for the stock is $78.00 – $95.00. Based on these forecasts, analysts predict Sempra (SRE) will achieve an average price target of $83.79.
