Assessing SM Energy: Insights From 4 Financial Analysts
Portfolio Pulse from Benzinga Insights
SM Energy (NYSE:SM) has been evaluated by 4 financial analysts over the last three months, with a mix of bullish and somewhat bullish ratings. The average 12-month price target is now $47.5, down from $53.00, with individual targets ranging from $44.00 to $51.00. Analysts from Seaport Global, Keybanc, Raymond James, and Mizuho have recently adjusted their ratings and price targets. SM Energy, an independent energy company, has seen a revenue decline of -22.7% over the past 3 months but boasts a high net margin of 34.76% and an ROE of 6.63%. The company's debt-to-equity ratio is conservative at 0.46.
January 31, 2024 | 12:00 pm
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NEUTRAL IMPACT
SM Energy has received mixed analyst ratings with a downward revision in the average price target to $47.5. The company's strong financial metrics like high net margin and ROE may counterbalance the negative impact of the revenue decline and lowered price targets.
The mixed analyst ratings and lowered price targets suggest uncertainty, which could lead to short-term volatility in SM's stock price. However, the company's strong financial performance indicators like net margin and ROE provide a positive counterweight, which may help stabilize the stock. The conservative debt-to-equity ratio also indicates financial prudence. Overall, the impact on the stock price is likely to be neutral in the short term as positive and negative factors may balance each other out.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100