A share price of SM Energy Co [SM] is currently trading at $43.24, up 10.93%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The SM shares have lost -2.02% over the last week, with a monthly amount drifted -1.50%, and not 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 June 25, 2024, when Truist initiated its Hold rating and assigned the stock a price target of $51. Previously, Stephens started tracking the stock with Overweight rating on June 21, 2024, and set its price target to $63. On January 31, 2024, upgrade upgraded it’s rating to Buy but maintained its price target of $50 on the stock. Wells Fargo started tracking the stock assigning a Equal Weight rating and suggested a price target of $40 on November 15, 2023. JP Morgan upgraded its rating to a Overweight and raised its price target to $47 on August 16, 2023. TD Cowen downgraded its rating to Market Perform for this stock on March 01, 2023, but kept the price target unchanged to $35. In a note dated March 01, 2023, Cowen downgraded an Market Perform rating on this stock but restated the target price of $35.
SM Energy Co experienced fluctuations in its stock price throughout the past year between $34.13 and $53.26. Currently, Wall Street analysts expect the stock to reach $51.2 within the next 12 months. SM Energy Co [NYSE: SM] shares were valued at $43.24 at the most recent close of the market. An investor can expect a potential return of 18.41% based on the average SM price forecast.
Analyzing the SM fundamentals
Trailing Twelve Months sales for SM Energy Co [NYSE:SM] were 2.44B which represents 15.22% growth. Gross Profit Margin for this corporation currently stands at 0.6% with Operating Profit Margin at 0.29%, Pretax Profit Margin comes in at 0.37%, and Net Profit Margin reading is 0.33%. To continue investigating profitability, this company’s Return on Assets is posted at 0.12, Equity is 0.22 and Total Capital is 0.12. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.41.
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 40.68 points at the first support level, and at 38.11 for the second support level. However, for the 1st resistance point, the stock is sitting at 45.08, and for the 2nd resistance point, it is at 46.91.
Ratios To Look Out For
To put it in perspective, the Current Ratio for SM Energy Co [NYSE:SM] is 1.29. Further, the Quick Ratio stands at 1.48, while the Cash Ratio is 0.81. Considering the valuation of this stock, the price to sales ratio is 2.04, the price to book ratio is 1.28 and price to earnings (TTM) ratio is 6.23.
Transactions by insiders
Recent insider trading involved Knott Kenneth J., SVP – Bus Dev & Land, that happened on May 21 ’24 when 16000.0 shares were sold. Director, SULLIVAN WILLIAM D completed a deal on May 20 ’24 to sell 60000.0 shares. Meanwhile, SVP – Expl., Development & EHS Lutey Mary Ellen sold 43506.0 shares on Mar 01 ’24.
