Balance Sheet Insights: SM Energy Co (SM)’s Debt-to-Equity and Long-Term Debt/Eq Ratios

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In the latest session, SM Energy Co (NYSE: SM) closed at $49.52 up 1.16% from its previous closing price of $48.95. In other words, the price has increased by $1.16 from its previous closing price. On the day, 1.3 million shares were traded. SM stock price reached its highest trading level at $49.55 during the session, while it also had its lowest trading level at $48.68.

Ratios:

For a deeper understanding of SM Energy Co’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 11.25 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 17.38. For the most recent quarter (mrq), Quick Ratio is recorded 1.48 and its Current Ratio is at 1.48. In the meantime, Its Debt-to-Equity ratio is 0.43 whereas as Long-Term Debt/Eq ratio is at 0.43.

On November 15, 2023, Wells Fargo started tracking the stock assigning a Equal Weight rating and target price of $40.

JP Morgan Upgraded its Neutral to Overweight on August 16, 2023, whereas the target price for the stock was revised from $45 to $47.

Insider Transactions:

Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Mar 01 ’24 when Lutey Mary Ellen sold 43,506 shares for $44.50 per share. The transaction valued at 1,936,017 led to the insider holds 12,472 shares of the business.

Quintana Julio M sold 44,000 shares of SM for $1,850,640 on Aug 30 ’23. The Director now owns 89,028 shares after completing the transaction at $42.06 per share. On Aug 29 ’23, another insider, PERU RAMIRO G, who serves as the Director of the company, sold 15,670 shares for $41.14 each. As a result, the insider received 644,664 and left with 73,685 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, SM now has a Market Capitalization of 5696582656 and an Enterprise Value of 6782067712. As of this moment, SM’s Price-to-Earnings (P/E) ratio for their current fiscal year is 7.77, and their Forward P/E ratio for the next fiscal year is 6.64. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.97. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.41 while its Price-to-Book (P/B) ratio in mrq is 1.54. Its current Enterprise Value per Revenue stands at 3.005 whereas that against EBITDA is 4.25.

Stock Price History:

The Beta on a monthly basis for SM is 4.17, which has changed by 0.86445785 over the last 52 weeks, in comparison to a change of 0.26159418 over the same period for the S&P500. Over the past 52 weeks, SM has reached a high of $53.26, while it has fallen to a 52-week low of $25.47. The 50-Day Moving Average of the stock is 1.13%, while the 200-Day Moving Average is calculated to be 19.78%.

Shares Statistics:

For the past three months, SM has traded an average of 1.75M shares per day and 1627240 over the past ten days. A total of 115.75M shares are outstanding, with a floating share count of 113.21M. Insiders hold about 1.59% of the company’s shares, while institutions hold 99.68% stake in the company. Shares short for SM as of 1714435200 were 11958633 with a Short Ratio of 6.84, compared to 1711584000 on 10474539. Therefore, it implies a Short% of Shares Outstanding of 11958633 and a Short% of Float of 15.17.

Dividends & Splits

According to the company, the forward annual dividend rate for SM is 0.66, from 0.66 in the trailing year. Against a Trailing Annual Dividend Yield of 0.013483146The stock’s 5-year Average Dividend Yield is 1.0. The current Payout Ratio is 9.18% for SM, which recently paid a dividend on 2024-04-18 with an ex-dividend date of 1713398400. Stock splits for the company last occurred on 2005-04-01 when the company split stock in a 2:1 ratio.

Earnings Estimates

Investors are keenly observing as 10.0 analysts analyze and rate the current performance of SM Energy Co (SM) in the stock market.On average, analysts expect EPS of $1.53 for the current quarter, with a high estimate of $1.82 and a low estimate of $1.2, while EPS last year was $1.28. The consensus estimate for the next quarter is $1.7, with high estimates of $1.97 and low estimates of $1.34.

Analysts are recommending an EPS of between $7.19 and $5.53 for the fiscal current year, implying an average EPS of $6.44. EPS for the following year is $7.59, with 10.0 analysts recommending between $8.94 and $5.82.

Revenue Estimates

A total of 6 analysts believe the company’s revenue will be $611.18M this quarter.It ranges from a high estimate of $652.1M to a low estimate of $571M. As of the current estimate, SM Energy Co’s year-ago sales were $555.5MFor the next quarter, 6 analysts are estimating revenue of $653.55M. There is a high estimate of $700.3M for the next quarter, whereas the lowest estimate is $628M.

A total of 7 analysts have provided revenue estimates for SM’s current fiscal year. The highest revenue estimate was $2.63B, while the lowest revenue estimate was $2.45B, resulting in an average revenue estimate of $2.53B. In the same quarter a year ago, actual revenue was $2.37BBased on 7 analysts’ estimates, the company’s revenue will be $2.8B in the next fiscal year. The high estimate is $3.01B and the low estimate is $2.63B.

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