SM Energy Company [NYSE: SM] traded at a high on 02/22/21, posting a 18.37 gain after which it closed the day’ session at $13.40. The company report on February 18, 2021 that SM Energy Reports 2020 Results And 2021 Operating Plan, Cash Flow And Debt Reduction Exceeded Expectations.
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.
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:.
The results of the trading session contributed to over 8688159 shares changing hands. Over the past one week, the price volatility of SM Energy Company stands at 13.32% while the volatility over the past one month is 9.91%.
The market cap for SM stock reached $1.51 billion, with 114.53 million shares outstanding and 107.52 million shares in the current float. Compared to the average trading volume of 6.40M shares, SM reached a trading volume of 8688159 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say about 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 $10.73 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 1.19, with the Price to Sales ratio for SM stock in the period of the last 12 months amounting to 1.34. The Price to Book ratio for the last quarter was 0.76, 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 1.93 with Quick ratio for the last quarter at 0.30.
How has SM stock performed recently?
SM Energy Company [SM] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 5.59. With this latest performance, SM shares gained by 62.23% in over the last four-week period, additionally plugging by 413.41% over the last 6 months – not to mention a rise of 57.09% 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 64.94, with the RSI for the last a single of trading hit 64.03, and the three-weeks RSI is set at 65.61 for SM Energy Company [SM]. The present Moving Average for the last 50 days of trading for this stock 8.63, while it was recorded at 12.76 for the last single week of trading, and 4.43 for the last 200 days.
SM Energy Company [SM]: Deeper insight into the fundamentals
Operating Margin for any stock indicates how profitable investing would be, and SM Energy Company [SM] shares currently have an operating margin of -24.31 and a Gross Margin at -13.31. SM Energy Company’s Net Margin is presently recorded at -67.87.
Return on Total Capital for SM is now -5.60, given the latest momentum, and Return on Invested Capital for the company is -15.69. Return on Equity for this stock declined to -32.09, with Return on Assets sitting at -13.42. When it comes to the capital structure of this company, SM Energy Company [SM] has a Total Debt to Total Equity ratio set at 111.01. Additionally, SM Total Debt to Total Capital is recorded at 52.61, with Total Debt to Total Assets ending up at 44.14. Long-Term Debt to Equity for the company is recorded at 110.42, with the Long-Term Debt to Total Capital now at 52.33.
Reflecting on the efficiency of the workforce at the company, SM Energy Company [SM] managed to generate an average of -$1,520,107 per employee. Receivables Turnover for the company is 6.49 with a Total Asset Turnover recorded at a value of 0.20.SM Energy Company’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.30 and a Current Ratio set at 0.30.
Earnings analysis for SM Energy Company [SM]
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%.