SM Energy Company (NYSE:SM) registered a 1.68% increase, still its new closing price is 335.59% up from the company’s 1 year high of 43.03.It posted -9.40% losses in previous 5 sessions and is now the subject of 10 analysts who together assign a hold rating on stock. 0 of Wall Street analysts have an underperform rating; the 0 sells versus 6 buy or better ratings. The 25 stock analysts following this company have an average price target at $43.59, with individual PT in the $17.00-$68.00 range. The shares moved at $30.35, implying that brokerage firms see shares gaining about 117.33% in twelve months time.
SM Energy Company (SM) SEC Form 4 News
The stock is getting much attention these days as insiders are offloading shares while they posted a -11.98% fall year to date. A SVP-Bus Dv & Land & Asst Sec at SM Energy Company (SM) offloaded shares in a transaction closed on Thursday September 29, 2016. Knott Kenneth J. sold 661 shares in the company at $40 each and collected $26,000 in proceeds. Knott Kenneth J. now owns 43,417 shares in the company after this transaction. A EVP – Operations in the company, Vogel Herbert S, disclosed a transaction on Tuesday March 01, 2016 that ended up paying $51,001 from the purchase of 6,000 shares at $8.64 per share.
SM Energy Company (NYSE:SM) Upcoming Results on Tap
SM Energy Company will next provide financial results for the March 2017 quarter. Stock analysts expect it to report per-share earnings of $-0.28 in that period. Sales during the quarter are predicted to arrive at $342.88 million.
Earnings surprise history: Last quarter, the company posted approximately $352.66 million in revenue and EPS of $-0.37. The mean forecast was for $367.66 million and $-0.59 a share, respectively. One quarter earlier, revenue for the stock was at $341.81 million, with earnings at $-0.44/share.
SM Energy Company (SM) Brokerage Update
SM Energy Company (SM) is in Stifel’s research list so their analyst rating change is noteworthy. These shares were upgraded to Buy from Hold by Stifel, according to news reported on Thursday December 01, 2016.Another important research note was issued by CapitalOne on Tuesday October 18, 2016.The firm upgraded SM to Overweight from Equal Weight. Over the last six months and over the last three months, the shares of SM Energy Company (SM), have changed 1.64% and -12.71%, respectively.