SM Energy Co [NYSE: SM] jumped around 0.88 points on Thursday, while shares priced at $23.67 at the close of the session, up 3.86%.
Compared to the average trading volume of 2.54M shares, SM reached a trading volume of 3449251 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 Co [SM]?
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for SM shares is $40.47 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 2.06. 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 Co shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on December 05, 2024. While these analysts kept the previous recommendation, TD Cowen dropped their target price from $64 to $60. The new note on the price target was released on October 15, 2024, representing the official price target for SM Energy Co stock.
The Average True Range (ATR) for SM Energy Co is set at 1.53, with the Price to Sales ratio for SM stock in the period of the last 12 months amounting to 1.01. The Price to Book ratio for the last quarter was 0.64, with the Price to Cash per share for the same quarter was set at 0.00.
How has SM stock performed recently?
SM Energy Co [SM] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 2.16. With this latest performance, SM shares dropped by -20.49% in over the last four-week period, additionally sinking by -43.59% over the last 6 months – not to mention a drop of -53.44% 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 44.96, with the RSI for the last a single of trading hit 50.11, and the three-weeks RSI is set at 42.30 for SM Energy Co [SM]. The present Moving Average for the last 50 days of trading for this stock 27.45, while it was recorded at 23.36 for the last single week of trading, and 38.50 for the last 200 days.
SM Energy Co [SM]: Deeper insight into the fundamentals
SM Energy Co’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.55 and a Current Ratio set at 0.55.
Earnings analysis for SM Energy Co [SM]
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 2.40%.
Insider trade positions for SM Energy Co [SM]
There are presently around $102.81%, or 104.40%% 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 17.1953%. 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 5.5323%.
