TXNM Energy Inc (NYSE: TXNM) is -1.46% lower on its value in year-to-date trading and has touched a low of $34.62 and a high of $50.28 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The TXNM stock was last observed hovering at around $48.99 in the last trading session, with the day’s loss setting it -0.54%.
Currently trading at $48.45, the stock is 0.80% and 1.27% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.07 million and changing -1.10% at the moment leaves the stock 16.02% off its SMA200. TXNM registered 35.22% gain for a year compared to 6-month gain of 21.64%. The firm has a 50-day simple moving average (SMA 50) of $47.8436 and a 200-day simple moving average (SMA200) of $41.75945.
The stock witnessed a -0.04% loss in the last 1 month and extending the period to 3 months gives it a 10.52%, and is 4.19% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.76% over the week and 2.09% over the month.
TXNM Energy Inc (TXNM) has around 1600 employees, a market worth around $4.37B and $1.91B in sales. Current P/E ratio is 25.30 and Fwd P/E is 17.38. Profit margin for the company is 9.24%. Distance from 52-week low is 39.93% and -3.64% from its 52-week high. The company has generated returns on investments over the last 12 months (2.46%).
with sales reaching $496.05M over the same period.The EPS is expected to shrink by -3.48% this year, but quarterly earnings will post 8.52% year-over-year. Quarterly sales are estimated to grow 20.37% in year-over-year returns.
TXNM Energy Inc (TXNM) Top Institutional Holders
The shares outstanding are 90.20M, and float is at 89.03M with Short Float at 4.55%.
TXNM Energy Inc (TXNM) Insider Activity
The most recent transaction is an insider sale by BECKER NORMAN P., the company’s Director. SEC filings show that BECKER NORMAN P. sold 2,300 shares of the company’s common stock on Nov 21 ’24 at a price of $48.42 per share for a total of $0.11 million. Following the sale, the insider now owns 25378.0 shares.
Still, SEC filings show that on Nov 18 ’24, PATRICK APODACA (Officer) Proposed Sale 5,749 shares at an average price of $47.50 for $0.27 million. The insider now directly holds shares of TXNM Energy Inc (TXNM).
