TXNM Energy Inc (NYSE: TXNM) is 4.07% higher on its value in year-to-date trading and has touched a low of $35.35 and a high of $54.90 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The TXNM stock was last observed hovering at around $51.19 in the last trading session, with the day’s loss setting it -0.02%.
Currently trading at $51.17, the stock is 0.60% and 3.85% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.08 million and changing -0.04% at the moment leaves the stock 16.14% off its SMA200. TXNM registered 35.69% gain for a year compared to 6-month gain of 23.78%. The firm has a 50-day simple moving average (SMA 50) of $49.274 and a 200-day simple moving average (SMA200) of $44.0583.
The stock witnessed a 1.91% loss in the last 1 month and extending the period to 3 months gives it a 4.34%, and is 4.47% 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 3.68% over the week and 2.71% over the month.
TXNM Energy Inc (TXNM) has around 1600 employees, a market worth around $4.74B and $1.97B in sales. Current P/E ratio is 19.13 and Fwd P/E is 16.68. Profit margin for the company is 12.28%. Distance from 52-week low is 44.73% and -6.79% from its 52-week high. The company has generated returns on investments over the last 12 months (3.40%).
The EPS is expected to grow by 1.98% this year
403.0 institutions hold shares in TXNM Energy Inc (TXNM), with institutional investors hold 109.54% of the company’s shares. The shares outstanding are 92.66M, and float is at 91.42M with Short Float at 4.57%. Institutions hold 108.14% of the Float.
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).
