Sempra (NYSE:SRE) shares, rose in value on Wednesday, January 22, with the stock price down by -4.29% to the previous day’s close as strong demand from buyers drove the stock to $82.80.
Actively observing the price movement in the last trading, the stock closed the session at $86.51, falling within a range of $82.67 and $86.25. The value of beta (5-year monthly) was 0.759 whereas the PE ratio was 18.23 over 12-month period. Referring to stock’s 52-week performance, its high was $95.77, and the low was $66.40. On the whole, SRE has fluctuated by -2.69% over the past month.
With the market capitalization of Sempra currently standing at about $52.45 billion, investors are eagerly awaiting this quarter’s results, scheduled for in February. The company’s Forward Dividend Ratio is 2.48, with its dividend yield at 3.00%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 15.69B, with a low estimate of 3.98B and a high estimate of 5.47B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 4.49B.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that SRE’s technical picture suggests that short-term indicators denote the stock is a 50% Sell on average. However, medium-term indicators have put the stock in the category of 50% Buy while long-term indicators on average have been pointing out that it is a Hold.
The stock’s technical analysis shows that the PEG ratio is about 2.60, with the price of SRE currently trading nearly -2.20% and -6.39% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 44.33, while the 7-day volatility ratio is showing 3.14% which for the 30-day chart, stands at 2.40%. Furthermore, Sempra (SRE)’s beta value is 0.79, and its average true range (ATR) is 2.25.
A comparison of Sempra (SRE) with its peers suggests the former has fared considerably weaker in the market. SRE showed an intraday change of -4.29% in last session, and over the past year, it grew by 13.61%%.
Data on historical trading for Sempra (NYSE:SRE) indicates that the trading volumes over the past 10 days have averaged 6.55 and over the past 3 months, they’ve averaged 3.81 million. According to company’s latest data on outstanding shares, there are 633.21 million shares outstanding.
Nearly 0.06% of Sempra’s shares belong to company insiders and institutional investors own 91.53% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 9.62 million shares as on 2024-12-31, resulting in a short ratio of 2.81. According to the data, the short interest in Sempra (SRE) stood at 169.00 of shares outstanding as of 2024-12-31; the number of short shares registered in 2024-11-29 reached 16.01 million. The stock has fallen by -5.61% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the SRE stock heading into the next quarter.
