The closing price of Sempra (NYSE: SRE) was $69.92 for the day, up 0.21% from the previous closing price of $69.77. In other words, the price has increased by $+0.15 from its previous closing price. On the day, 2690256 shares were traded. SRE stock price reached its highest trading level at $70.48 during the session, while it also had its lowest trading level at $69.67.
Ratios:
Our analysis of SRE’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 0.49 and its Current Ratio is at 0.54. In the meantime, Its Debt-to-Equity ratio is 1.11 whereas as Long-Term Debt/Eq ratio is at 0.99.
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 the company, BMO Capital Markets on January 11, 2024, Upgraded its rating to Outperform and sets its target price to $84 from $76 previously.
On January 03, 2024, Ladenburg Thalmann started tracking the stock assigning a Buy rating and target price of $81.50.
JP Morgan Upgraded its Neutral to Overweight on December 12, 2023, whereas the target price for the stock was revised from $78 to $86.
Insider Transactions:
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 08 ’24 when BIRD JUSTIN CHRISTOPHER sold 6,278 shares for $70.60 per share. The transaction valued at 443,227 led to the insider holds 13,434 shares of the business.
Sedgwick Karen L sold 3,624 shares of SRE for $255,818 on Mar 08 ’24. The Executive VP and CFO now owns 39,400 shares after completing the transaction at $70.59 per share. On Mar 08 ’24, another insider, DAY DIANA L, who serves as the Chief Legal Counsel of the company, sold 3,406 shares for $70.62 each. As a result, the insider received 240,532 and left with 14,739 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, SRE now has a Market Capitalization of 44.20B and an Enterprise Value of 75.95B. As of this moment, Sempra’s Price-to-Earnings (P/E) ratio for their current fiscal year is 14.60, and their Forward P/E ratio for the next fiscal year is 13.55. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.47. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.67 while its Price-to-Book (P/B) ratio in mrq is 1.59. Its current Enterprise Value per Revenue stands at 4.54 whereas that against EBITDA is 12.32.
Stock Price History:
Over the past 52 weeks, SRE has reached a high of $79.51, while it has fallen to a 52-week low of $63.75. The 50-Day Moving Average of the stock is 71.25, while the 200-Day Moving Average is calculated to be 71.95.
Shares Statistics:
SRE traded an average of 2.83M shares per day over the past three months and 3.35M shares per day over the past ten days. A total of 632.15M shares are outstanding, with a floating share count of 631.87M. Insiders hold about 0.04% of the company’s shares, while institutions hold 91.62% stake in the company. Shares short for SRE as of Feb 29, 2024 were 11.49M with a Short Ratio of 4.06, compared to 11.63M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 1.82% and a Short% of Float of 1.82%.
Dividends & Splits
With its trailing 12-month dividend rate of 2.38, SRE has a forward annual dividend rate of 4.19. Against a Trailing Annual Dividend Yield of 3.41%, it implies a Forward Annual Dividend Yield of 3.55%. The stock’s 5-year Average Dividend Yield is 3.07. The current Payout Ratio is 49.70% for SRE, which recently paid a dividend on Apr 15, 2024 with an ex-dividend date of Mar 20, 2024. Stock splits for the company last occurred on May 28, 1992 when the company split stock in a 2:1 ratio.
Earnings Estimates
The firm’s stock currently is rated by 7 analysts. On average, analysts expect EPS of $1.38 for the current quarter, with a high estimate of $1.61 and a low estimate of $0.83, while EPS last year was $1.46. The consensus estimate for the next quarter is $1.01, with high estimates of $1.06 and low estimates of $0.96.
Analysts are recommending an EPS of between $4.91 and $4.74 for the fiscal current year, implying an average EPS of $4.81. EPS for the following year is $5.17, with 12 analysts recommending between $5.35 and $5.07.
Revenue Estimates
It is expected that $90B in revenue will be generated in the current quarter, according to 3 analysts. It ranges from a high estimate of $6.5B to a low estimate of $5.82B. As of the current estimate, Sempra’s year-ago sales were $6.56B, an estimated decrease of -5.20% from the year-ago figure. For the next quarter, 2 analysts are estimating revenue of $3.57B, an increase of 6.90% over than the figure of -$5.20% in the same quarter last year. There is a high estimate of $3.62B for the next quarter, whereas the lowest estimate is $3.51B.
A total of 9 analysts have provided revenue estimates for SRE’s current fiscal year. The highest revenue estimate was $18.67B, while the lowest revenue estimate was $15.03B, resulting in an average revenue estimate of $16.83B. In the same quarter a year ago, actual revenue was $16.72B, up 0.60% from the average estimate. Based on 8 analysts’ estimates, the company’s revenue will be $17.35B in the next fiscal year. The high estimate is $20.05B and the low estimate is $16.18B. The average revenue growth estimate for next year is up 3.10% from the average revenue estimate for this year.
