Sempra (NYSE: SRE) is -5.61% lower on its value in year-to-date trading and has touched a low of $66.40 and a high of $95.77 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 SRE stock was last observed hovering at around $86.51 in the last trading session, with the day’s loss setting it -3.71%.
Currently trading at $82.80, the stock is -2.20% and -6.39% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.42 million and changing -4.29% at the moment leaves the stock 2.40% off its SMA200. SRE registered 13.61% gain for a year compared to 6-month gain of 6.17%. The firm has a 50-day simple moving average (SMA 50) of $88.448 and a 200-day simple moving average (SMA200) of $80.86275.
The stock witnessed a -2.69% loss in the last 1 month and extending the period to 3 months gives it a -3.68%, and is 6.00% 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 3.14% over the week and 2.40% over the month.
Sempra (SRE) has around 16835 employees, a market worth around $52.45B and $12.57B in sales. Current P/E ratio is 18.23 and Fwd P/E is 16.04. Profit margin for the company is 22.98%. Distance from 52-week low is 24.70% and -13.54% from its 52-week high. The company has generated returns on investments over the last 12 months (4.76%).
with sales reaching $4.49B over the same period.The EPS is expected to grow by 3.44% this year, but quarterly earnings will post -6.18% year-over-year. Quarterly sales are estimated to grow 28.50% in year-over-year returns.
1512.0 institutions hold shares in Sempra (SRE), with institutional investors hold 91.90% of the company’s shares. The shares outstanding are 633.21M, and float is at 633.02M with Short Float at 1.52%. Institutions hold 91.87% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 64.36 million shares valued at $4.9 billion. The investor’s holdings represent 10.1706 of the SRE Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 61.79 million shares valued at $4.7 billion to account for 9.765 of the shares outstanding. The other top investors are CAPITAL INTERNATIONAL INVESTORS which holds 54.09 million shares representing 8.5396 and valued at over $4.11 billion, while WELLINGTON MANAGEMENT GROUP LLP holds 5.4037 of the shares totaling 34.2 million with a market value of $2.6 billion.
Sempra (SRE) Insider Activity
The most recent transaction is an insider sale by MIHALIK TREVOR I, the company’s Executive VP and Group Pres. SEC filings show that MIHALIK TREVOR I sold 23,713 shares of the company’s common stock on Nov 20 ’24 at a price of $93.09 per share for a total of $2.21 million. Following the sale, the insider now owns 11190.0 shares.
Still, SEC filings show that on Jun 18 ’24, WALL PETER R (SVP, Controller and CAO) disposed off 6,100 shares at an average price of $75.07 for $0.46 million. The insider now directly holds 14,751 shares of Sempra (SRE).
