SM Energy Co [NYSE: SM] stock went on a downward path that fall over -7.28% on Thursday, amounting to a one-week price decrease of less than -8.24%.
Over the last 12 months, SM stock dropped by -1.73%. The one-year SM Energy Co stock forecast points to a potential upside of 32.02. The average equity rating for SM stock is currently 2.00, trading closer to a bullish pattern in the stock market.
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The market cap for the stock reached $4.36 billion, with 115.75 million shares outstanding and 112.49 million shares in the current float. Compared to the average trading volume of 2.02M shares, SM stock reached a trading volume of 3248895 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on SM Energy Co [SM]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for SM shares is $56.00 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 2.00. 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.
Tudor Pickering Holt & Co. have made an estimate for SM Energy Co shares, keeping their opinion on the stock as Buy, with their previous recommendation back on August 21, 2024. While these analysts kept the previous recommendation, Truist raised their target price to Hold. The new note on the price target was released on June 25, 2024, representing the official price target for SM Energy Co stock. Previously, the target price had yet another raise to $63, while Stephens analysts kept a Overweight rating on SM stock.
The Average True Range (ATR) for SM Energy Co is set at 1.54, with the Price to Sales ratio for SM stock in the period of the last 12 months amounting to 1.78. The Price to Book ratio for the last quarter was 1.13, with the Price to Cash per share for the same quarter was set at 4.26. Price to Free Cash Flow for SM in the course of the last twelve months was 8.78 with Quick ratio for the last quarter at 1.29.
SM Stock Performance Analysis:
SM Energy Co [SM] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -8.24. With this latest performance, SM shares dropped by -17.53% in over the last four-week period, additionally sinking by -22.39% over the last 6 months – not to mention a drop of -1.73% 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 34.27, with the RSI for the last a single of trading hit 29.68, and the three-weeks RSI is set at 37.27 for SM Energy Co [SM]. The present Moving Average for the last 50 days of trading for this stock 43.17, while it was recorded at 41.05 for the last single week of trading, and 44.08 for the last 200 days.
Insight into SM Energy Co Fundamentals:
SM Energy Co’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.29 and a Current Ratio set at 1.29.
SM 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 SM. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for SM Energy Co go to 8.00%.
SM Energy Co [SM] Institutonal Ownership Details
There are presently around $101.79%, or 103.35%% of SM stock, in the hands of institutional investors. The top three institutional holders of SM stocks are: BLACKROCK INC. with ownership of 19.71 million shares, which is approximately 17.0454%. VANGUARD GROUP INC, holding 14.34 million shares of the stock with an approximate value of $$620.07 million in SM stocks shares; and VANGUARD GROUP INC, currently with $$274.16 million in SM stock with ownership which is approximately 5.4841%.
