A share price of TXNM Energy Inc. [TXNM] is currently trading at $43.06, down -0.39%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The TXNM shares have gain 5.36% over the last week, with a monthly amount glided 6.14%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Previously, Barclays started tracking the stock with Overweight rating on February 08, 2024, and set its price target to $40. On January 03, 2024, upgrade upgraded it’s rating to Overweight and revised its price target to $44 on the stock. Mizuho downgraded its rating to a Neutral but stick to its price target of $41 on January 03, 2024. Mizuho upgraded its rating to a Buy but $50.30 remained the price target by the analyst firm on September 26, 2023. Siebert Williams Shank upgraded its rating to Buy for this stock on May 16, 2023, and upped its price target to $55. In a note dated January 09, 2023, Mizuho downgraded an Neutral rating on this stock and revised its target price from $51 to $50.30.
TXNM Energy Inc. experienced fluctuations in its stock price throughout the past year between $34.62 and $45.10. TXNM Energy Inc. [NYSE: TXNM] shares were valued at $43.06 at the most recent close of the market.
Analyzing the TXNM fundamentals
Trailing Twelve Months sales for TXNM Energy Inc. [NYSE:TXNM] were 1.84B which represents 2.29% growth. Gross Profit Margin for this corporation currently stands at 0.58% with Operating Profit Margin at 0.12%, Pretax Profit Margin comes in at 0.03%, and Net Profit Margin reading is 0.05%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 0.04 and Total Capital is 0.02. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of2.21.
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 42.85 points at the first support level, and at 42.65 for the second support level. However, for the 1st resistance point, the stock is sitting at 43.37, and for the 2nd resistance point, it is at 43.68.
Ratios To Look Out For
To put it in perspective, the Current Ratio for TXNM Energy Inc. [NYSE:TXNM] is 0.47. Also, the Quick Ratio is 0.37, while the Cash Ratio stands at 0.0. Considering the valuation of this stock, the price to sales ratio is 2.11, the price to book ratio is 1.62 and price to earnings (TTM) ratio is 47.59.
