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After finishing at $43.50 in the prior trading day, TXNM Energy Inc. (NYSE: TXNM) closed at $42.98, down -1.20%. In other words, the price has decreased by -$1.20 from its previous closing price. On the day, 0.77 million shares were traded. TXNM stock price reached its highest trading level at $43.72 during the session, while it also had its lowest trading level at $42.89.
Ratios:
Our goal is to gain a better understanding of TXNM by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.37 and its Current Ratio is at 0.47. In the meantime, Its Debt-to-Equity ratio is 2.22 whereas as Long-Term Debt/Eq ratio is at 1.98.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Scotiabank on October 10, 2024, initiated with a Sector Perform rating and assigned the stock a target price of $46.
On October 02, 2024, Jefferies started tracking the stock assigning a Buy rating and target price of $50.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, TXNM now has a Market Capitalization of 3935115264 and an Enterprise Value of 9292497920. As of this moment, TXNM’s Price-to-Earnings (P/E) ratio for their current fiscal year is 47.50, and their Forward P/E ratio for the next fiscal year is 15.32. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 11.05. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.10 while its Price-to-Book (P/B) ratio in mrq is 1.61. Its current Enterprise Value per Revenue stands at 5.042 whereas that against EBITDA is 15.185.
Stock Price History:
Over the past 52 weeks, TXNM has reached a high of $45.06, while it has fallen to a 52-week low of $34.62. The 50-Day Moving Average of the stock is 0.68%, while the 200-Day Moving Average is calculated to be 10.34%.
Shares Statistics:
The stock has traded on average 612.93K shares per day over the past 3-months and 606560 shares per day over the last 10 days, according to various share statistics. A total of 90.20M shares are outstanding, with a floating share count of 89.03M. Insiders hold about 1.30% of the company’s shares, while institutions hold 98.01% stake in the company. Shares short for TXNM as of 1728950400 were 3590658 with a Short Ratio of 5.86, compared to 1726185600 on 3621407. Therefore, it implies a Short% of Shares Outstanding of 3590658 and a Short% of Float of 5.21.
Dividends & Splits
In the trailing 12 months, TXNM’s forward annual dividend rate was 1.53, compared to 1.55 this year. Against a Trailing Annual Dividend Yield of 0.035172414The stock’s 5-year Average Dividend Yield is 2.98.
