For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.
The price of SM Energy Co (NYSE: SM) closed at $47.12 in the last session, down -2.83% from day before closing price of $48.49. In other words, the price has decreased by -$2.83 from its previous closing price. On the day, 1.23 million shares were traded. SM stock price reached its highest trading level at $48.42 during the session, while it also had its lowest trading level at $46.6.
Ratios:
We take a closer look at SM’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 8.85 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 11.48. For the most recent quarter (mrq), Quick Ratio is recorded 1.45 and its Current Ratio is at 1.45. In the meantime, Its Debt-to-Equity ratio is 0.45 whereas as Long-Term Debt/Eq ratio is at 0.44.
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:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. 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 5420402176 and an Enterprise Value of 6452923904. As of this moment, SM’s Price-to-Earnings (P/E) ratio for their current fiscal year is 6.86, and their Forward P/E ratio for the next fiscal year is 6.51. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.86. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.30 while its Price-to-Book (P/B) ratio in mrq is 1.51. Its current Enterprise Value per Revenue stands at 2.844 whereas that against EBITDA is 3.847.
Stock Price History:
Over the past 52 weeks, SM has reached a high of $53.26, while it has fallen to a 52-week low of $25.03. The 50-Day Moving Average of the stock is -0.94%, while the 200-Day Moving Average is calculated to be 15.88%.
Shares Statistics:
According to the various share statistics, SM traded on average about 1.67M shares per day over the past 3-months and 1378450 shares per day over the past 10 days. A total of 115.75M shares are outstanding, with a floating share count of 113.91M. Insiders hold about 1.59% of the company’s shares, while institutions hold 95.06% stake in the company. Shares short for SM as of 1713139200 were 11416793 with a Short Ratio of 6.86, compared to 1710460800 on 9278092. Therefore, it implies a Short% of Shares Outstanding of 11416793 and a Short% of Float of 14.49.
Dividends & Splits
The forward annual dividend rate for SM is 0.66, which was 0.63 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.012992369The stock’s 5-year Average Dividend Yield is 1.0.
