SM Energy Co (NYSE: SM) has recently experienced extremely meaningful negative changes in fundamentals: the stock’s power rating fell below 50, significant quarterly sales deceleration occurred, the consensus estimate for December, 2024 decreased significantly, and the consensus estimate for December, 2025 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
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). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. SM Energy has a very high Appreciation Score of 92 but a slightly negative Power Rating of 32, with the High Neutral Value Trend Rating the result.
Recent Price Action
SM Energy Co (NYSE: SM) stock declined modestly by -1.7% on 10/21/24. The stock closed at $42.14. Trading volume in this decline was normal. The stock has performed in line with the market over the last nine months and has declined -7.5% during the last week.
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