SM Energy Co [SM] stock is trading at $50.29, down -0.26%. An important factor to consider is whether the stock is rising or falling in short-term value. The SM shares have lost -2.80% over the last week, with a monthly amount glided 7.48%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
SM Energy Co [NYSE: SM] stock has seen the most recent analyst activity on January 31, 2024, when Seaport Research Partners upgraded its rating to a Buy but kept the price target unchanged to $50 for it. Previously, Wells Fargo started tracking the stock with Equal Weight rating on November 15, 2023, and set its price target to $40. On August 16, 2023, upgrade upgraded it’s rating to Overweight and revised its price target to $47 on the stock. TD Cowen downgraded its rating to a Market Perform but stick to its price target of $35 on March 01, 2023. Cowen downgraded its rating to a Market Perform but $35 remained the price target by the analyst firm on March 01, 2023. Mizuho started tracking with a Buy rating for this stock on January 10, 2023, and assigned it a price target of $51. In a note dated January 04, 2023, JP Morgan downgraded an Neutral rating on this stock and revised its target price from $55 to $46.
SM Energy Co [SM] stock has fluctuated between $25.03 and $53.26 over the past year. Currently, Wall Street analysts expect the stock to reach $49.43 within the next 12 months. SM Energy Co [NYSE: SM] shares were valued at $50.29 at the most recent close of the market. An investor can expect a potential drop of -1.71% based on the average SM price forecast.
Analyzing the SM fundamentals
SM Energy Co [NYSE:SM] reported sales of 2.37B for the trailing twelve months, which represents a drop of -9.32%. Gross Profit Margin for this corporation currently stands at 0.47% with Operating Profit Margin at 0.42%, Pretax Profit Margin comes in at 0.39%, and Net Profit Margin reading is 0.35%. To continue investigating profitability, this company’s Return on Assets is posted at 0.13, Equity is 0.24 and Total Capital is 0.17. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.44.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 49.58 points at the first support level, and at 48.87 for the second support level. However, for the 1st resistance point, the stock is sitting at 50.78, and for the 2nd resistance point, it is at 51.28.
Ratios To Look Out For
For context, SM Energy Co’s Current Ratio is 1.45. On the other hand, the Quick Ratio is 1.45, and the Cash Ratio is 0.97. Considering the valuation of this stock, the price to sales ratio is 2.45, the price to book ratio is 1.61 and price to earnings (TTM) ratio is 7.32.
Transactions by insiders
Recent insider trading involved Lutey Mary Ellen, SVP – Expl., Development & EHS, that happened on Mar 01 ’24 when 43506.0 shares were sold. Director, Quintana Julio M completed a deal on Aug 30 ’23 to sell 44000.0 shares. Meanwhile, Director PERU RAMIRO G sold 15670.0 shares on Aug 29 ’23.
