For its fourth fiscal quarter (ending December 31), SEMPRA ENERGY (NYSE: SRE) has reported a -16% decline in E.P.S. from $1.39 a year ago to $1.17 in the current quarter. However, this performance was $0.05 better than the consensus estimate of $1.12. E.P.S. were $4.81 for the latest four quarters through December 31 versus $6.65 for the same period a year ago — a decline of -28%.
Recent Price Action
SEMPRA ENERGY (NYSE: SRE) stock rose slightly by 0.2% on 2/27/24. The stock closed at $71.06. Trading volume in this advance was normal. The stock has performed in line with the market over the last nine months and has risen 0.8% during the last week.
Current PriceTarget Research Rating
SRE’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be an important Value Builder.
SEMPRA ENERGY has a current Value Trend Rating of B (Positive). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. SEMPRA ENERGY has a neutral Power Rating of 53 but a good Appreciation Score of 74, triggering the Positive Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
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