SM Energy Co (NYSE: SM) has reported E.P.S. of $2.10 for its third fiscal quarter (ending September 30) versus $1.89 for the same period a year ago — an increase of 11%. For the latest four quarters through September 30, E.P.S. were $7.20 compared to $6.88 a year ago — an increase of 5%.
Recent Price Action
SM Energy Co (NYSE: SM) stock closed at $41.97 on 10/31/24 after a modest decline of -1.2%. NORMAL trading volume accompanied the decline. The stock has performed in line with the market over the last nine months and is unchanged during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, SM is expected to continue to be an important Value Builder.
SM Energy has a current Value Trend Rating of C (High Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. SM Energy has a very high Appreciation Score of 92 but a poor Power Rating of 29, producing the High Neutral Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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