SM Energy Co (SM) concluded trading on Thursday at a closing price of $43.35, with 8.75 million shares of worth about $379.19 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 8.92% during that period and on June 27, 2024 the price saw a loss of about -10.47%. Currently the company’s common shares owned by public are about 115.75M shares, out of which, 113.28M shares are available for trading.
Stock saw a price change of -10.16% in past 5 days and over the past one month there was a price change of -11.44%. Year-to-date (YTD), SM shares are showing a performance of 11.96% which increased to 42.27% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $29.51 but also hit the highest price of $53.26 during that period. The average intraday trading volume for SM Energy Co shares is 1.63 million. The stock is currently trading -9.70% below its 20-day simple moving average (SMA20), while that difference is down -11.16% for SMA50 and it goes to 1.74% higher than SMA200.
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SM Energy Co (NYSE: SM) currently have 115.75M outstanding shares and institutions hold larger chunk of about 100.17% of that.
The stock has a current market capitalization of $4.99B and its 3Y-monthly beta is at 4.21. PE ratio of stock for trailing 12 months is 6.80, while it has posted earnings per share of $6.37 in the same period. Its PEG reads 0.85 and has Quick Ratio of 1.48 while making debt-to-equity ratio of 0.43. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for SM, volatility over the week remained 3.19% while standing at 2.96% over the month.
Stock’s fiscal year EPS is expected to rise by 9.06% while it is estimated to increase by 20.09% in next year. EPS is likely to shrink at an annualized rate of 8.00% for next 5-years, compared to annual growth of 8.90% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Truist on June 25, 2024 offering a Hold rating for the stock and assigned a target price of $51 to it. Coverage by Stephens stated SM Energy Co (SM) stock as an Overweight in their note to investors on June 21, 2024, suggesting a price target of $63 for the stock. On January 31, 2024, Seaport Research Partners Upgrade their recommendations, while on November 15, 2023, Wells Fargo Initiated their ratings for the stock with a price target of $40. Stock get an Overweight rating from JP Morgan on August 16, 2023.
