Extremely significant negative changes in SEMPRA ENERGY (NYSE: SRE) fundamentals have recently occurred: the stock’s power rating fell below 50, significant quarterly earnings deceleration occurred, significant quarterly sales deceleration occurred, and the consensus estimate for December, 2024 decreased significantly.
In light of these highly negative signals we are reviewing our current Overall Rating of C. We would view the shares with caution pending completion of this review in the next several days.
Current PriceTarget Research Rating
SRE is expected to continue to be an important Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
SEMPRA ENERGY has a current Value Trend Rating of C (High Neutral). This VT Rating improved in recent days from C previously. The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. SEMPRA ENERGY has a good Appreciation Score of 76 but a neutral Power Rating of 41, resulting in the High Neutral Value Trend Rating.
Recent Price Action
SEMPRA ENERGY (NYSE: SRE) stock closed at $75.33 on 6/7/24 after a slight decline of -0.9%. NORMAL trading volume accompanied the decline. The stock has risen 1.2% during the last week and has performed in line with the market over the last nine months.
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