SM Energy(US:SM) ZACKS·2024-12-27 00:06Company Performance - SM Energy's stock closed at $37.68, reflecting a gain of +0.37% from the previous trading session, outperforming the S&P 500's daily loss of 0.04% [1] - Over the past month, SM Energy shares have decreased by 16.26%, which is significantly worse than the Oils-Energy sector's loss of 8.03% and the S&P 500's gain of 1.05% [1] Earnings Estimates - The upcoming EPS for SM Energy is projected at $1.96, indicating a 25.64% increase compared to the same quarter last year [2] - Revenue is anticipated to be $867.25 million, representing a 42.47% increase from the same quarter last year [2] - For the full year, analysts expect earnings of $6.77 per share and revenue of $2.73 billion, marking increases of +14.94% and +15.09% respectively from the previous year [7] Analyst Sentiment - Recent adjustments to analyst estimates for SM Energy indicate a positive outlook, with a 0.03% rise in the Zacks Consensus EPS estimate over the past month [3][4] - SM Energy currently holds a Zacks Rank of 3 (Hold), suggesting a neutral sentiment among analysts [4] Industry Context - SM Energy operates within the Oil and Gas - Exploration and Production - United States industry, which is ranked 138 in the Zacks Industry Rank, placing it in the bottom 46% of over 250 industries [5] - The industry is currently facing challenges, as indicated by its lower ranking compared to other sectors [5] Valuation Metrics - SM Energy has a Forward P/E ratio of 5.54, which is below the industry's Forward P/E of 10.03, suggesting that the stock may be undervalued relative to its peers [9]