The closing price of Sempra (NYSE: SRE) was 164.19 for the day, down -1.25% from the previous closing price of $166.26. In other words, the price has decreased by $-0.93 from its previous closing price. On the day, 1050561 shares were traded. SRE reached its highest trading level at $165.65 during the session, while it also had its lowest trading level at $163.10.
Our analysis of SRE’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 27.11 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 30.31. For the most recent quarter (mrq), Quick Ratio is recorded 0.70 and its Current Ratio is at 0.80. In the meantime, Its Debt-to-Equity ratio is 1.00 whereas as Long-Term Debt/Eq ratio is at 0.95.
Upgrades & Downgrades
On July 06, 2022, Goldman Upgraded its rating to Buy which previously was Neutral and also upped its target price recommendation from $164 to $167.
On April 26, 2022, Credit Suisse started tracking the stock assigning a Outperform rating and target price of $180.Credit Suisse initiated its Outperform rating on April 26, 2022, with a $180 target price.
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Mar 28 when Martin Jeffrey W sold 30,796 shares for $162.23 per share. The transaction valued at 4,996,049 led to the insider holds 19,261 shares of the business.
WALL PETER R sold 2,559 shares of SRE for $369,648 on Mar 01. The SVP, Controller and CAO now owns 6,776 shares after completing the transaction at $144.45 per share. On Jan 28, another insider, Sedgwick Karen L, who serves as the Chief HR Officer, CAO of the company, sold 908 shares for $135.08 each. As a result, the insider received 122,653 and left with 17,654 shares of the company.
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, SRE now has a Market Capitalization of 53.07B and an Enterprise Value of 77.97B. As of this moment, Sempra’s Price-to-Earnings (P/E) ratio for their current fiscal year is 46.15, and their Forward P/E ratio for the next fiscal year is 18.15. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 4.72. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.68 while its Price-to-Book (P/B) ratio in mrq is 1.99. Its current Enterprise Value per Revenue stands at 5.48 whereas that against EBITDA is 23.36.
Stock Price History:
The Beta on a monthly basis for SRE is 0.67, which has changed by 26.52% over the last 52 weeks, in comparison to a change of -15.65% over the same period for the S&P500. Over the past 52 weeks, SRE has reached a high of $176.47, while it has fallen to a 52-week low of $119.56. The 50-Day Moving Average of the stock is 164.82, while the 200-Day Moving Average is calculated to be 153.02.
SRE traded an average of 1.32M shares per day over the past three months and 1.41M shares per day over the past ten days. A total of 314.85M shares are outstanding, with a floating share count of 314.09M. Insiders hold about 0.04% of the company’s shares, while institutions hold 89.60% stake in the company. Shares short for SRE as of Aug 30, 2022 were 2.74M with a Short Ratio of 2.07, compared to 3.3M on Jul 28, 2022. Therefore, it implies a Short% of Shares Outstanding of 0.87% and a Short% of Float of 0.87%.
Dividends & Splits
With its trailing 12-month dividend rate of 4.49, SRE has a forward annual dividend rate of 4.58. Against a Trailing Annual Dividend Yield of 2.72%, it implies a Forward Annual Dividend Yield of 2.71%. The stock’s 5-year Average Dividend Yield is 3.03.
The firm’s stock currently is rated by 10 analysts. On average, analysts expect EPS of $1.81 for the current quarter, with a high estimate of $1.97 and a low estimate of $1.7, while EPS last year was $1.7. The consensus estimate for the next quarter is $1.99, with high estimates of $2.12 and low estimates of $1.72.
Analysts are recommending an EPS of between $8.93 and $8.54 for the fiscal current year, implying an average EPS of $8.65. EPS for the following year is $9.05, with 15 analysts recommending between $9.59 and $8.9.
It is expected that $90B in revenue will be generated in the current quarter, according to 6 analysts. It ranges from a high estimate of $3.51B to a low estimate of $3.14B. As of the current estimate, Sempra’s year-ago sales were $3.01B, an estimated increase of 8.80% from the year-ago figure. For the next quarter, 6 analysts are estimating revenue of $3.72B, a decrease of -3.10% less than the figure of $8.80% in the same quarter last year. There is a high estimate of $4.04B for the next quarter, whereas the lowest estimate is $3.48B.
A total of 9 analysts have provided revenue estimates for SRE’s current fiscal year. The highest revenue estimate was $14.55B, while the lowest revenue estimate was $13.32B, resulting in an average revenue estimate of $14.1B. In the same quarter a year ago, actual revenue was $12.86B, up 9.70% from the average estimate. Based on 9 analysts’ estimates, the company’s revenue will be $14.49B in the next fiscal year. The high estimate is $15.12B and the low estimate is $13.37B. The average revenue growth estimate for next year is up 2.80% from the average revenue estimate for this year.