Look Past The Setbacks And Give SM Energy Co (NYSE: SM) Another Chance

SM Energy Co (NYSE:SM) currently has a daily average trading volume of 2.75M but it saw 1507039 shares traded in last market. With a market cap of 2.65B USD, the company’s current market price of $23.18 came rising about 0.35 while comparing to the previous closing price of $23.10. In past 52 weeks, the stock remained buoying in the range of price level as high as $50.77 and as low as $19.67.

The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the JP Morgan which downgraded the stock as “Neutral” in its note to investors issued on December 05, 2024, recommending a price target of between $51 and $53 for it. TD Cowen upgraded its recommendation for the stock as a “Buy” from “Hold” on October 15, 2024 while assigning a price target range of $64-$60.

Over the week, SM’s stock price is moving -5.62% down while it is 0.83% when we observe its performance for the past one month. Year-to-date it is -40.20% down and over the past year, the stock is showing a downside performance of -53.13%.

Currently, SM Energy Co’s total number of outstanding shares is 114.46M with 1.52% of that held by the insiders while 103.78% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 11.49% and return on equity (ROE) at 20.28%. It has a price to earnings ratio (P/E ratio) of 3.25 while having a 4.19 of forward P/E ratio. Stock’s beta reads 2.21. Stock has a price to book (P/B) ratio of 0.60 while price to sale or P/S ratio amounts to 0.89. Its return on asset (ROA) is 10.82% on average.