SM Energy Co (NYSE: SM) Emerges As Guiding Light For Investors

SM Energy Co (NYSE:SM) currently has a daily average trading volume of 1.82M but it saw 1061150 shares traded in last market. With a market cap of 4.80B USD, the company’s current market price of $41.98 came falling about -0.83 while comparing to the previous closing price of $42.33. In past 52 weeks, the stock remained buoying in the range of price level as high as $53.26 and as low as $34.13. In the recent trading on the day, stock has struck highest price mark of $41.38 while lowest mark touched by it was $42.31.

The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the TD Cowen which upgraded the stock as “Buy” in its note to investors issued on October 15, 2024, recommending a price target of between $64 and $60 for it. Truist issued its recommendations for the stock as it initiated the price target for the stock is $51.

Over the week, SM’s stock price is moving -1.66% down while it is -1.22% when we observe its performance for the past one month. Year-to-date it is 8.42% up and over the past year, the stock is showing an upside performance of 0.38%.

The latest quarterly earnings report issued by the company reported quarterly earnings per share (EPS) of 1.73 beat the consensus estimate of 1.59 for the same. The company is expected to be releasing its next quarterly report in November, for which analysts forecasted an EPS of 1.56 while estimate for next year EPS is 7.04. In next quarter, company is expected to be making quarterly sales of $860.64M as analysts are expecting the sales for current fiscal year at $2.72B and seeing the company making $3.31B in sales next year. Moreover, analysts are in estimates of $652.09M for current-quarter revenue.

Currently, SM Energy Co’s total number of outstanding shares is 115.75M. Company’s return on investment (ROI) stands at 14.96% and return on equity (ROE) at 22.71%. It has a price to earnings ratio (P/E ratio) of 6.05 while having a 5.18 of forward P/E ratio. Stock’s beta reads 4.19. Stock has a price to book (P/B) ratio of 1.25 while price to sale or P/S ratio amounts to 1.97. Its return on asset (ROA) is 12.82% on average.