Sempra [SRE] Stock trading around $74.84 per share: What’s Next?

Sempra [NYSE: SRE] stock went on a downward path that fall over -1.69% on Thursday, amounting to a one-week price decrease of less than -1.47%. The company report on December 21, 2023 at 4:12 PM that Sempra Named One of The Wall Street Journal’s Best-Managed Companies for 2023.

Sempra (NYSE: SRE) (BMV: SRE) has again made The Wall Street Journal and Drucker Institute’s annual 250 Best Managed Companies list for 2023. The Drucker Institute measures corporate effectiveness by examining performance in five areas: Financial strength, customer satisfaction, employee engagement and development, innovation and social responsibility. This is the fifth time Sempra has been named to the best-run companies list.

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“We are honored to be recognized on the Best Managed Companies list among some of the most reputable global brands that are also helping to shape the future of America’s economy,” said Jeffrey W. Martin, chairman and CEO of Sempra. “This recognition underscores our high-performance culture, bringing together the unique perspectives and talents of 20,000 colleagues who are dedicated to providing service to customers and communities, and value to all stakeholders.”.

Over the last 12 months, SRE stock dropped by -4.97%. The one-year Sempra stock forecast points to a potential upside of 9.03. The average equity rating for SRE stock is currently 1.70, trading closer to a bullish pattern in the stock market.

The market cap for the stock reached $47.10 billion, with 629.33 million shares outstanding and 628.68 million shares in the current float. Compared to the average trading volume of 3.35M shares, SRE stock reached a trading volume of 2423808 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Guru’s Opinion on Sempra [SRE]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for SRE shares is $82.27 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on SRE stock is a recommendation set at 1.70. 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.

BMO Capital Markets have made an estimate for Sempra shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on January 11, 2024.

The Average True Range (ATR) for Sempra is set at 1.20, with the Price to Sales ratio for SRE stock in the period of the last 12 months amounting to 2.72. The Price to Book ratio for the last quarter was 1.72, with the Price to Cash per share for the same quarter was set at 2.20.

SRE Stock Performance Analysis:

Sempra [SRE] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -1.47. With this latest performance, SRE shares gained by 1.22% in over the last four-week period, additionally plugging by 0.08% over the last 6 months – not to mention a drop of -4.97% 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 SRE stock in for the last two-week period is set at 50.82, with the RSI for the last a single of trading hit 45.68, and the three-weeks RSI is set at 52.92 for Sempra [SRE]. The present Moving Average for the last 50 days of trading for this stock 73.42, while it was recorded at 76.14 for the last single week of trading, and 73.06 for the last 200 days.

Insight into Sempra Fundamentals:

Operating Margin for any stock indicates how profitable investing would be, and Sempra [SRE] shares currently have an operating margin of +22.67 and a Gross Margin at +26.75. Sempra’s Net Margin is presently recorded at +13.75.

Return on Total Capital for SRE is now 6.35, given the latest momentum, and Return on Invested Capital for the company is 4.30. Return on Equity for this stock inclined to 8.05, with Return on Assets sitting at 2.84. When it comes to the capital structure of this company, Sempra [SRE] has a Total Debt to Total Equity ratio set at 108.64. Additionally, SRE Total Debt to Total Capital is recorded at 52.07, with Total Debt to Total Assets ending up at 37.52. Long-Term Debt to Equity for the company is recorded at 95.62, with the Long-Term Debt to Total Capital now at 44.29.

Reflecting on the efficiency of the workforce at the company, Sempra [SRE] managed to generate an average of $135,508 per employee. Receivables Turnover for the company is 5.14 with a Total Asset Turnover recorded at a value of 0.21.Sempra’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.55 and a Current Ratio set at 0.61.

SRE Stock EPS

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 SRE. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Sempra go to 4.14%.

Sempra [SRE] Institutonal Ownership Details

The top three institutional holders of SRE stocks are: VANGUARD GROUP INC with ownership of 1.3 billion shares, which is approximately 8.2815%. BLACKROCK INC., holding 1.03 billion shares of the stock with an approximate value of $176.59 billion in SRE stocks shares; and BERKSHIRE HATHAWAY INC, currently with $156.75 billion in SRE stock with ownership which is approximately 5.8325%.