SM Energy (SM) Beats Stock Market Upswing: What Investors Need to Know

Company Performance - SM Energy's stock closed at $30.26, reflecting a +0.9% increase compared to the previous day, outperforming the S&P 500's daily gain of 0.64% [1] - Over the past month, SM Energy shares have decreased by 22.14%, while the Oils-Energy sector and the S&P 500 have lost 3.15% and 7.69%, respectively [1] Upcoming Earnings - The upcoming earnings release is expected to show an EPS of$ 1.65, representing a 17.02% increase year-over-year [2] - Revenue is anticipated to reach $833.14 million, indicating a 48.81% increase compared to the same quarter last year [2] Annual Forecast - Zacks Consensus Estimates project earnings of$ 7.12 per share and revenue of $3.47 billion for the year, reflecting changes of +4.71% and +29.14% year-over-year, respectively [3] - Recent changes to analyst estimates for SM Energy may indicate positive business outlook trends [3] Valuation Metrics - SM Energy is currently trading at a Forward P/E ratio of 4.21, which is lower than the industry average Forward P/E of 8.06, suggesting a discount [6] - The Oil and Gas - Exploration and Production - United States industry ranks in the top 16% of all industries, with a current Zacks Industry Rank of 39 [6] Zacks Rank System - The Zacks Rank system, which ranges from 1 (Strong Buy) to 5 (Strong Sell), has a strong track record, with 1 rated stocks delivering an average annual return of +25% since 1988 [5] - SM Energy currently holds a Zacks Rank of 3 (Hold), with the consensus EPS estimate having decreased by 12.04% over the last 30 days [5]