Sunday, March 7, 2021

Market cap of SM Energy Company [SM] reaches 1.19B – now what?

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SM Energy Company [NYSE: SM] price plunged by -21.05 percent to reach at -$2.96. The company report on February 18, 2021 that SM Energy Reports 2020 Results And 2021 Operating Plan, Cash Flow And Debt Reduction Exceeded Expectations.

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SM Energy Company (the “Company”) (NYSE: SM) announced fourth quarter and full year 2020 operating and financial results, year-end 2020 reserves and the 2021 operating plan. Highlights are as follows.


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The Company’s strategic priorities in 2020 were to generate positive cash flow and reduce absolute debt while meeting operating objectives for safety and emissions reduction:.

A sum of 6835365 shares traded at recent session while its average daily volume was at 6.72M shares. SM Energy Company shares reached a high of $13.46 and dropped to a low of $10.935 until finishing in the latest session at $11.10.

The one-year SM stock forecast points to a potential downside of -5.31. The average equity rating for SM stock is currently 2.60, trading closer to a bullish pattern in the stock market.

Guru’s Opinion on SM Energy Company [SM]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for SM shares is $10.54 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on SM stock is a recommendation set at 2.60. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

JP Morgan have made an estimate for SM Energy Company shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on February 03, 2021. The new note on the price target was released on January 22, 2021, representing the official price target for SM Energy Company stock. Previously, the target price had yet another raise to $3, while Barclays analysts kept a Underweight rating on SM stock. On January 11, 2021, analysts increased their price target for SM shares from 2.50 to 12.

The Average True Range (ATR) for SM Energy Company is set at 1.09, with the Price to Sales ratio for SM stock in the period of the last 12 months amounting to 0.94. The Price to Book ratio for the last quarter was 0.58, with the Price to Cash per share for the same quarter was set at 0.00. Price to Free Cash Flow for SM in the course of the last twelve months was 1.56 with Quick ratio for the last quarter at 0.70.

SM Stock Performance Analysis:

SM Energy Company [SM] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -7.96. With this latest performance, SM shares gained by 26.57% in over the last four-week period, additionally plugging by 285.42% over the last 6 months – not to mention a rise of 19.74% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for SM stock in for the last two-week period is set at 54.88, with the RSI for the last a single of trading hit 49.45, and the three-weeks RSI is set at 57.99 for SM Energy Company [SM]. The present Moving Average for the last 50 days of trading for this stock 8.33, while it was recorded at 12.73 for the last single week of trading, and 4.34 for the last 200 days.

Insight into SM Energy Company Fundamentals:

Operating Margin for any stock indicates how profitable investing would be, and SM Energy Company [SM] shares currently have an operating margin of +2.83 and a Gross Margin at +11.29. SM Energy Company’s Net Margin is presently recorded at -11.77.

Return on Total Capital for SM is now 0.81, given the latest momentum, and Return on Invested Capital for the company is -3.39. Return on Equity for this stock declined to -6.60, with Return on Assets sitting at -2.94. When it comes to the capital structure of this company, SM Energy Company [SM] has a Total Debt to Total Equity ratio set at 100.95. Additionally, SM Total Debt to Total Capital is recorded at 50.24, with Total Debt to Total Assets ending up at 43.88. Long-Term Debt to Equity for the company is recorded at 100.25, with the Long-Term Debt to Total Capital now at 49.89.

Reflecting on the efficiency of the workforce at the company, SM Energy Company [SM] managed to generate an average of -$352,832 per employee. Receivables Turnover for the company is 9.02 with a Total Asset Turnover recorded at a value of 0.25.SM Energy Company’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.70 and a Current Ratio set at 0.70.

SM Stock EPS

With the latest financial reports released by the company, SM Energy Company posted -0.05/share EPS, while the average EPS was predicted by analysts to be reported at -0.17/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 70.60%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for SM. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for SM Energy Company go to 10.00%.

SM Energy Company [SM] Insider Position Details

There are presently around $1,015 million, or 76.70% of SM stock, in the hands of institutional investors. The top three institutional holders of SM stocks are: BLACKROCK INC. with ownership of 16,649,565, which is approximately 2.794% of the company’s market cap and around 1.83% of the total institutional ownership; MAPLE ROCK CAPITAL PARTNERS INC., holding 8,911,964 shares of the stock with an approximate value of $98.92 million in SM stocks shares; and VANGUARD GROUP INC, currently with $98.73 million in SM stock with ownership of nearly 36.437% of the company’s market capitalization.

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Positions in SM Energy Company stocks held by institutional investors increased at the end of February and at the time of the February reporting period, where 98 institutional holders increased their position in SM Energy Company [NYSE:SM] by around 24,758,568 shares. Additionally, 75 investors decreased positions by around 13,062,193 shares, while 30 investors held positions by with 53,652,040 shares. The mentioned changes placed institutional holdings at 91,472,801 shares, according to the latest SEC report filing. SM stock had 39 new institutional investments in for a total of 6,899,256 shares, while 21 institutional investors sold positions of 2,131,505 shares during the same period.

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