The Short-term Rise and Fall of Sempra (SRE) Stock

Sempra [SRE] stock is trading at $85.96, up 1.12%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The SRE shares have gain 0.35% over the last week, with a monthly amount glided 3.54%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Previously, BMO Capital Markets upgraded its rating to Outperform on January 11, 2024, and elevated its price target to $84. On January 03, 2024, Ladenburg Thalmann initiated with a Buy rating and assigned a price target of $81.50 on the stock. JP Morgan upgraded its rating to a Overweight and increased its price target to $86 on December 12, 2023. Barclays initiated its recommendation with a Overweight and recommended $156 as its price target on August 23, 2023. Goldman started tracking with a Buy rating for this stock on June 08, 2023, and assigned it a price target of $178. In a note dated July 14, 2022, BofA Securities upgraded an Buy rating on this stock.

Sempra [SRE] stock has fluctuated between $66.40 and $86.13 over the past year. Currently, Wall Street analysts expect the stock to reach $66.91 within the next 12 months. Sempra [NYSE: SRE] shares were valued at $85.96 at the most recent close of the market. An investor can expect a potential drop of -22.16% based on the average SRE price forecast.

Analyzing the SRE fundamentals

Sempra [NYSE:SRE] reported sales of 13.21B for the trailing twelve months, which represents a drop of -11.63%. Gross Profit Margin for this corporation currently stands at 0.3% with Operating Profit Margin at 0.2%, Pretax Profit Margin comes in at 0.14%, and Net Profit Margin reading is 0.23%. To continue investigating profitability, this company’s Return on Assets is posted at 0.03, Equity is 0.1 and Total Capital is 0.03. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.11.

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 85.22 points at the first support level, and at 84.49 for the second support level. However, for the 1st resistance point, the stock is sitting at 86.34, and for the 2nd resistance point, it is at 86.73.

Ratios To Look Out For

For context, Sempra’s Current Ratio is 0.46. As well, the Quick Ratio is 0.41, while the Cash Ratio is 0.03. Considering the valuation of this stock, the price to sales ratio is 4.12, the price to book ratio is 1.90 and price to earnings (TTM) ratio is 18.35.

Transactions by insiders

Recent insider trading involved WALL PETER R, SVP, Controller and CAO, that happened on Jun 18 ’24 when 6100.0 shares were sold. Director, MARK RICHARD J completed a deal on May 17 ’24 to buy 1925.0 shares. Meanwhile, Executive Vice President BIRD JUSTIN CHRISTOPHER sold 6278.0 shares on Mar 08 ’24.

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