Ratios Reveal: Breaking Down SM Energy Co (SM)’s Financial Health

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SM Energy Co (NYSE: SM) closed the day trading at $44.98 down -3.06% from the previous closing price of $46.40. In other words, the price has decreased by -$3.06 from its previous closing price. On the day, 2.12 million shares were traded. SM stock price reached its highest trading level at $46.05 during the session, while it also had its lowest trading level at $44.93.

Ratios:

For a better understanding of SM, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 10.22 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 15.79. 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.

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, Truist on June 25, 2024, initiated with a Hold rating and assigned the stock a target price of $51.

On June 21, 2024, Stephens started tracking the stock assigning a Overweight rating and target price of $63.

Seaport Research Partners Upgraded its Neutral to Buy on January 31, 2024, while the target price for the stock was maintained at $50.

Insider Transactions:

The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on May 21 ’24 when Knott Kenneth J. sold 16,000 shares for $50.28 per share. The transaction valued at 804,480 led to the insider holds 114,495 shares of the business.

SULLIVAN WILLIAM D sold 60,000 shares of SM for $2,959,200 on May 20 ’24. The Director now owns 89,157 shares after completing the transaction at $49.32 per share. On Mar 01 ’24, another insider, Lutey Mary Ellen, who serves as the SVP – Expl., Development & EHS of the company, sold 43,506 shares for $44.50 each. As a result, the insider received 1,936,017 and left with 12,472 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 5337686528 and an Enterprise Value of 6259803648. As of this moment, SM’s Price-to-Earnings (P/E) ratio for their current fiscal year is 7.06, and their Forward P/E ratio for the next fiscal year is 4.82. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.88. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.19 while its Price-to-Book (P/B) ratio in mrq is 1.40. Its current Enterprise Value per Revenue stands at 2.774 whereas that against EBITDA is 3.923.

Stock Price History:

The Beta on a monthly basis for SM is 4.20, which has changed by 0.27820408 over the last 52 weeks, in comparison to a change of 0.21656322 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 $34.13. The 50-Day Moving Average of the stock is -4.81%, while the 200-Day Moving Average is calculated to be 4.36%.

Shares Statistics:

Over the past 3-months, SM traded about 1.88M shares per day on average, while over the past 10 days, SM traded about 1703010 shares per day. A total of 115.75M shares are outstanding, with a floating share count of 113.16M. Insiders hold about 1.63% of the company’s shares, while institutions hold 100.61% stake in the company. Shares short for SM as of 1719532800 were 11292868 with a Short Ratio of 6.00, compared to 1717113600 on 13148783. Therefore, it implies a Short% of Shares Outstanding of 11292868 and a Short% of Float of 14.330000000000002.

Dividends & Splits

SM’s forward annual dividend rate is 0.69, up from 0.66 a year ago. Against a Trailing Annual Dividend Yield of 0.014224138The stock’s 5-year Average Dividend Yield is 1.02. The current Payout Ratio is 9.18% for SM, which recently paid a dividend on 2024-07-19 with an ex-dividend date of 1721347200. Stock splits for the company last occurred on 2005-04-01 when the company split stock in a 2:1 ratio.

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