For its third fiscal quarter (ending September 30), SEMPRA ENERGY (NYSE: SRE) has reported a -11% decline in E.P.S. from $1.14 a year ago to $1.01 in the current quarter. For the latest four quarters through September 30, E.P.S. were $4.57 compared to $4.34 a year ago — an increase of 5%.
Recent Price Action
SEMPRA ENERGY (NYSE: SRE) stock enjoyed a very large increase of 7.3% on 11/6/24. The shares closed at $88.26. Moreover, trading volume in this advance was exceptionally high at 292% of normal. The stock has risen 5.6% during the last week and has been strong relative to the market over the last nine months.
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 A (Highest Rating). This rating combines highly consistent signals from two proprietary PTR measures of a stock’s attractiveness. SEMPRA ENERGY has a good Appreciation Score of 75 and a good Power Rating of 85, triggering the Highest Value Trend Rating.
Rating Review
In light of this new information and positive market action we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
Be the first to comment