SM Energy (SM) Declines More Than Market: Some Information for Investors

Company Performance - SM Energy's stock closed at $30.25, down 1.75% from the previous trading day, underperforming the S&P 500's loss of 0.33% [1] - Over the past month, SM Energy's stock has decreased by 4.88%, while the Oils-Energy sector gained 3.64% and the S&P 500 lost 4.03% [1] Upcoming Earnings - SM Energy is projected to report earnings of$ 1.67 per share, reflecting a year-over-year growth of 18.44% [2] - The consensus estimate for revenue is $836.26 million, which represents a 49.37% increase from the prior-year quarter [2] Annual Estimates - For the annual period, earnings are anticipated to be$ 7.11 per share and revenue is expected to reach $3.47 billion, indicating increases of 4.56% and 29.04% respectively from the last year [3] - Recent changes in analyst estimates for SM Energy are crucial as they reflect evolving short-term business trends, with positive revisions seen as a favorable sign for the company's outlook [3] Zacks Rank and Valuation - SM Energy currently holds a Zacks Rank of 4 (Sell), with a 6.43% decline in the Zacks Consensus EPS estimate over the past month [5] - The company has a Forward P/E ratio of 4.33, indicating a discount compared to its industry's Forward P/E of 8.51 [5] Industry Overview - The Oil and Gas - Exploration and Production - United States industry is part of the Oils-Energy sector, currently holding a Zacks Industry Rank of 127, placing it in the top 50% of over 250 industries [6] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [6]