Jefferies has recently initiated Sempra (SRE) stock to Buy rating, as announced on October 24, 2024, according to Finviz. Earlier, on September 12, 2024, BofA Securities had resumed the stock to Buy, setting a price target of $94. BMO Capital Markets also raised Outperform rating with a price target of $84. Additionally, Ladenburg Thalmann initiated Buy rating on January 3, 2024, with a target price of $81.50. JP Morgan analysts, in their report published on December 12, 2023, also raised Overweight rating and set a price target of $86 for Sempra’s stock. Analyst ratings are significant because they provide insights into stock performance expectations, influencing investor decisions and market sentiment.
Sponsored
Sempra (SRE) Stock Trading Recap
On Monday, Sempra (SRE) stock saw a modest uptick, ending the day at $92.12 which represents a slight increase of $0.87 or 0.95% from the prior close of $91.25. The stock opened at $90.52 and touched a low of $90.52 during the day, reaching a high of $92.66. The volume of shares traded was 2.65 million exceeding the average volume of 2.64 million.
SRE Stock Performance and Moving Averages
In recent trading, Sempra (SRE) stock price has shown some volatility, fluctuating 14.00% over the last five trades and 12.12% over the past 30 trades. This represents a notable shift from earlier in the year. Over the last six months, the stock has risen by 19.45%, and it has gained 17.34% in the previous three months. Currently, SRE is trading at 7.81%, 9.93%, and 20.05% relative to its 20-Day, 50-Day, and 200-Day Simple Moving Averages, respectively.
As of the latest trading close, SRE, a Utilities sector stock, is trading 0.26% below its 52-week high but remains 38.73% above its 52-week low. The Average True Range (ATR) (14 days) of 2 highlights the stock’s average volatility, providing insight into how much the price typically fluctuates. This measure is crucial for understanding potential price swings and assessing overall market risk.
Sempra’s Profitability and Valuation Ratios
Sempra’s profitability metrics reveal strong financial health. The company currently boasts an operating margin of 19.32% and a profit margin of 22.98%, with a gross margin of 19.45%. The profit margin, also known as the revenue ratio or gross profit ratio, measures how efficiently a company converts sales into net income; higher margins indicate greater profitability.
In terms of valuation, Sempra’s market capitalization stands at $59.32 billion. Market cap represents the total value of all outstanding shares and is a key indicator of a company’s market value. The stock’s price-to-earnings (P/E) ratio is 20.28, assessing the company’s valuation relative to its earnings. The forward P/E ratio, which uses projected earnings for the next financial year, is 17.89. Additionally, the Price-to-Sales Ratio is 4.72, reflecting the market’s valuation of the company’s sales, while the Price-to-Book Ratio is 2.02, comparing the market value to the company’s book value.
Understanding Insider Trading
Investors often prefer to invest in shares held by company insiders, as management is typically more aligned with the company’s success and shareholder interests. Currently, insiders own just 0.05% of Sempra (SRE)’s shares, while financial institutions hold 91.92%.
Notable insider trades include WALL PETER R, SVP, Controller and CAO at Sempra (SRE), who sold 6100 shares on Jun 18 ’24, at $75.07 each, totaling $0.46 million. On Mar 08 ’24, BIRD JUSTIN CHRISTOPHER, Executive Vice President, sold 6278 shares for $70.6 each, amounting to $0.44 million. Additionally, on Mar 07 ’24, BIRD JUSTIN CHRISTOPHER sold 5063 shares at $71.22 each, generating $0.36 million.
