Sempra (SRE) stock price forecast predicts $69.5 value

A share price of Sempra [SRE] is currently trading at $93.38, up 0.50%. An important factor to consider is whether the stock is rising or falling in short-term value. The SRE shares have gain 1.28% over the last week, with a monthly amount glided 9.95%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Sempra [NYSE: SRE] stock has seen the most recent analyst activity on October 24, 2024, when Jefferies initiated its Buy rating and assigned the stock a price target of $98. On January 11, 2024, upgrade upgraded it’s rating to Outperform and revised its price target to $84 on the stock. Ladenburg Thalmann started tracking the stock assigning a Buy rating and suggested a price target of $81.50 on January 03, 2024. JP Morgan upgraded its rating to a Overweight and raised its price target to $86 on December 12, 2023. Barclays started tracking with a Overweight rating for this stock on August 23, 2023, and assigned it a price target of $156. In a note dated June 08, 2023, Goldman initiated an Buy rating and provided a target price of $178 on this stock.

Sempra experienced fluctuations in its stock price throughout the past year between $66.40 and $93.21. Currently, Wall Street analysts expect the stock to reach $69.5 within the next 12 months. Sempra [NYSE: SRE] shares were valued at $93.38 at the most recent close of the market. An investor can expect a potential drop of -25.57% based on the average SRE price forecast.

Analyzing the SRE fundamentals

Trailing Twelve Months sales for Sempra [NYSE:SRE] were 12.57B which represents -19.12% decline. Gross Profit Margin for this corporation currently stands at 0.3% with Operating Profit Margin at 0.2%, Pretax Profit Margin comes in at 0.13%, and Net Profit Margin reading is 0.24%. To continue investigating profitability, this company’s Return on Assets is posted at 0.03, Equity is 0.13 and Total Capital is 0.03. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.0.

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 92.25 points at the first support level, and at 91.13 for the second support level. However, for the 1st resistance point, the stock is sitting at 93.97, and for the 2nd resistance point, it is at 94.57.

Ratios To Look Out For

To put it in perspective, the Current Ratio for Sempra [NYSE:SRE] is 0.52. On the other hand, the Quick Ratio is 0.47, and the Cash Ratio is 0.06. Considering the valuation of this stock, the price to sales ratio is 4.70, the price to book ratio is 2.05 and price to earnings (TTM) ratio is 20.55.

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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