Trading Day Triumph: SM Energy Co (SM) Ends at 39.16, a 0.98 Surge/Plunge

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SM Energy Co (NYSE: SM) closed the day trading at $39.16 up 0.98% from the previous closing price of $38.78. In other words, the price has increased by $0.98 from its previous closing price. On the day, 1.24 million shares were traded. SM stock price reached its highest trading level at $39.8331 during the session, while it also had its lowest trading level at $39.06.

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 9.18 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 9.03. For the most recent quarter (mrq), Quick Ratio is recorded 1.29 and its Current Ratio is at 1.29. In the meantime, Its Debt-to-Equity ratio is 0.41 whereas as Long-Term Debt/Eq ratio is at 0.41.

On June 25, 2024, Truist started tracking the stock assigning a Hold rating and target price of $51.

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

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 Aug 26 ’24 when Lytle Patrick A sold 6,059 shares for $47.45 per share. The transaction valued at 287,500 led to the insider holds 8,355 shares of the business.

Lytle Patrick A bought 6,059 shares of SM for $287,481 on Aug 26 ’24. On Aug 16 ’24, another insider, Lebeck James Barker, who serves as the EVP & General Counsel of the company, sold 4,487 shares for $45.43 each. As a result, the insider received 203,844 and left with 256 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 4480608768 and an Enterprise Value of 5587121152. As of this moment, SM’s Price-to-Earnings (P/E) ratio for their current fiscal year is 5.64, and their Forward P/E ratio for the next fiscal year is 4.19. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.71. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.83 while its Price-to-Book (P/B) ratio in mrq is 1.16. Its current Enterprise Value per Revenue stands at 2.391 whereas that against EBITDA is 3.311.

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 $34.13. The 50-Day Moving Average of the stock is -11.06%, while the 200-Day Moving Average is calculated to be -10.74%.

Shares Statistics:

Over the past 3-months, SM traded about 2.07M shares per day on average, while over the past 10 days, SM traded about 1549210 shares per day. A total of 115.75M shares are outstanding, with a floating share count of 112.52M. Insiders hold about 1.66% of the company’s shares, while institutions hold 101.38% stake in the company. Shares short for SM as of 1724976000 were 10863978 with a Short Ratio of 5.26, compared to 1722384000 on 10529139. Therefore, it implies a Short% of Shares Outstanding of 10863978 and a Short% of Float of 13.889999999999999.

Dividends & Splits

SM’s forward annual dividend rate is 0.69, up from 0.69 a year ago. Against a Trailing Annual Dividend Yield of 0.017792678The stock’s 5-year Average Dividend Yield is 1.03.

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