Value gained By SM Energy Co (SM) In The Past Week: $41.21

SM Energy Co (NYSE:SM) traded with an addition of $0.13 to close at $40.19on Friday, an upside of 0.32 percent. An average of 1,177,192 shares of common stock have been traded in the last five days. There was a gain of $2.92 in the past week, and it reached a new high 8 times over the past 12 months. The last 20 days have seen an average of 1,742,753 shares traded, while the 50-day average volume stands at 1,567,915.

SM stock has decreased by -4.24% in the last month. The company shares reached their 1-month lowest point of $37.05 on 09/22/23. With the stock rallying to its 52-week high on 09/01/23, shares of the company touched a low of $24.66 and a high of $48.55 in 52 weeks. It has reached a new high 20 times so far this year and achieved 15.39% or $5.29 in price. In spite of this, the price is down -17.22% from the 52-week high.

Insider Transactions

SM stock investors should be aware that SM Energy Co (SM) stock had its last reported insider trading activity 30 days ago on Aug 30. In this transaction, the insider spent $1,850,640. Director, PERU RAMIRO G, disposed of 15,670 shares at a price of $41.14 on Aug 29. The insider now owns more than $644,664 worth of shares. Prior to that, Director ROBESON ROSE M went on to Sale 30,000 shares at $39.65 each on Aug 23. An amount of $1,189,500 was transacted.

Valuation Metrics

SM Energy Co (SM) has a trailing price-to-earnings (P/E) ratio of 4.55, which compares with the N/A for the broader industry. The stock’s beta is 4.33. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 1.81, the price-to-book (PB) ratio at 1.44, and the price-to-cash flow ratio at 13.12.

The company has a payout ratio of 3.46%. The company’s most recent quarterly dividend payment was $0.15 a share, without any change from last year. Its latest increase dividend $0.14 reported on Wednesday September 7 2022.

Financial Health

The quick ratio of SM Energy Co for the three months ended June 29 was 1.20, and the current ratio was 1.20, indicating that the company is able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 0.48 and a total debt to equity ratio of 0.48 for the quarter ending June 29. Its gross profit as reported stood at $1.58 billion compared to revenue of $3.36 billion.

Earnings Surprise

For the three-month period that ended June 29, SM Energy Co had $1.57 billion in total debt. In the quarter under review, the net income was down than the previous quarter. The company posted a net income of $149.87 million in the quarter, while revenues of $198.55 million were shrunk -115.85%. The analyst consensus anticipated SM Energy Co’s latest quarter earnings to come in at $1.09 per share, but it turned out to be $1.28, a 17.40% surprise. For the quarter, EBITDA amounted to $368.56 million. Shareholders own equity worth $118.67 million.

Technical Picture

From a technical analysis perspective, let’s take a brief look at SM Energy Co (SM) price momentum. RSI 9-day as of the close on 28 September was 54.51%, suggesting the stock is Neutral, with historical volatility in this time frame at 37.04%.

As of today, SM’s price is $39.57 +7.85% or $2.92 from its 5-day moving average. SM is currently trading -5.18% lower than its 20-day SMA and +51.91% higher than its 100-day SMA. However, the stock’s current price level is +15.92% above the SMA50 and +11.82% above the SMA200.

The stochastic %K and %D were 66.86% and 53.38%, respectively, and the average true range (ATR) was 1.25. With the 14-day stochastic at 69.77% and the average true range at 1.23, the RSI (14) stands at 53.28%. The stock has reached 1.40 on the 9-day MACD Oscillator while the 14-day reading was at 0.91.