Sempra Energy (SRE) is an interesting player in the Utilities space, with a focus on Diversified Utilities. The stock has been active on the tape, currently trading at $103.34, down from yesterday’s close by -1.81%. Given the stock’s recent action, it seemed like a good time to take a closer look at the company’s recent data.Fundamental Analysis
Sempra Energy (SRE) currently trades with a market capitalization of $26.78 Billion. That value represents a market adjusting for revenues that have been falling by -3.02 % on a quarterly year/year basis as of the company’s last quarterly report.
You can get a sense of how sustainable that is by a levered free cash flow of -$388 Million over the past twelve months. Generally speaking, earnings are expected to fall in coming quarters. Analysts are forecasting earnings of $1.65 on a per share basis this quarter. Perhaps, that suggests something about why 0.51% of the outstanding share supply is held by institutional investors.
Sometimes, we can understand most about a stock by simply looking at how it has been trading. Looking at the stock’s movement on the chart, Sempra Energy recorded a 52-week high of $122.97. It is now trading 19.63% off that level. The stock is trading $110.10 its 50-day moving average by 6.76%. The stock carved out a 52-week low down at $100.63.
In recent action, Sempra Energy (SRE) has made a move of -7.40% over the past month, which has come on Strong relative transaction volume. Over the trailing year, the stock is underperforming the S&P 500 by 14.61, and it’s gotten there by action that has been less volatile on a day-to-day basis than most other stocks on the exchange. In terms of the mechanics underlying that movement, traders will want to note that the stock is trading on a float of 5.33% with $259.12 Million sitting short, betting on future declines. That suggests something of the likelihood of a short squeeze in shares of SRE.