Sempra (NYSE: SRE)’s stock price has decreased by -0.56 compared to its previous closing price of 69.63. However, the company has seen a -2.60% decrease in its stock price over the last five trading sessions. Zacks Investment Research reported 2024-03-25 that Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Sempra (SRE) have what it takes?
Is It Worth Investing in Sempra (NYSE: SRE) Right Now?
The price-to-earnings ratio for Sempra (NYSE: SRE) is above average at 14.46x, Company’s 36-month beta value is 0.71.Analysts have differing opinions on the stock, with 3 analysts rating it as a “buy,” 5 as “overweight,” 3 as “hold,” and 0 as “sell.”
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The public float for SRE is 631.87M, and currently, short sellers hold a 1.82% ratio of that floaft. The average trading volume of SRE on March 27, 2024 was 2.85M shares.
SRE’s Market Performance
SRE’s stock has seen a -2.60% decrease for the week, with a -2.36% drop in the past month and a -6.05% fall in the past quarter. The volatility ratio for the week is 1.39%, and the volatility levels for the past 30 days are at 1.69% for Sempra The simple moving average for the past 20 days is -1.84% for SRE’s stock, with a -3.72% simple moving average for the past 200 days.
Analysts’ Opinion of SRE
Many brokerage firms have already submitted their reports for SRE stocks, with BMO Capital Markets repeating the rating for SRE by listing it as a “Outperform.” The predicted price for SRE in the upcoming period, according to BMO Capital Markets is $84 based on the research report published on January 11, 2024 of the current year 2024.
Ladenburg Thalmann, on the other hand, stated in their research note that they expect to see SRE reach a price target of $81.50. The rating they have provided for SRE stocks is “Buy” according to the report published on January 03rd, 2024.
JP Morgan gave a rating of “Overweight” to SRE, setting the target price at $86 in the report published on December 12th of the previous year.
SRE Trading at -2.50% from the 50-Day Moving Average
After a stumble in the market that brought SRE to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -12.92% of loss for the given period.
Volatility was left at 1.69%, however, over the last 30 days, the volatility rate increased by 1.39%, as shares sank -2.56% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -8.18% lower at present.
During the last 5 trading sessions, SRE fell by -2.60%, which changed the moving average for the period of 200-days by -7.12% in comparison to the 20-day moving average, which settled at $70.45. In addition, Sempra saw -7.35% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at SRE starting from BIRD JUSTIN CHRISTOPHER, who sale 6,278 shares at the price of $70.60 back on Mar 08 ’24. After this action, BIRD JUSTIN CHRISTOPHER now owns 13,434 shares of Sempra, valued at $443,227 using the latest closing price.
Sedgwick Karen L, the Executive VP and CFO of Sempra, sale 3,624 shares at $70.59 during a trade that took place back on Mar 08 ’24, which means that Sedgwick Karen L is holding 39,400 shares at $255,818 based on the most recent closing price.
Stock Fundamentals for SRE
Current profitability levels for the company are sitting at:
- 0.19 for the present operating margin
- 0.36 for the gross margin
The net margin for Sempra stands at 0.19. The total capital return value is set at 0.04. Equity return is now at value 11.02, with 3.71 for asset returns.
Based on Sempra (SRE), the company’s capital structure generated 0.51 points at debt to capital in total, while cash flow to debt ratio is standing at 0.21. The debt to equity ratio resting at 1.04. The interest coverage ratio of the stock is 2.2.
Currently, EBITDA for the company is 5.3 billion with net debt to EBITDA at 5.2. When we switch over and look at the enterprise to sales, we see a ratio of 4.54. The receivables turnover for the company is 5.85for trailing twelve months and the total asset turnover is 0.19. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.54.
Conclusion
In a nutshell, Sempra (SRE) has experienced a bad performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
