SM Energy (SM) Surpasses Market Returns: Some Facts Worth Knowing

Company Performance - SM Energy's stock closed at $21.96, reflecting a +1.34% increase compared to the previous day, outperforming the S&P 500's daily gain of 0.79% [1] - Over the past month, SM Energy shares have decreased by 27.74%, while the Oils-Energy sector and the S&P 500 have lost 8.15% and 3.56%, respectively [1] Upcoming Earnings - SM Energy is expected to report an EPS of$ 1.68, which represents a 19.15% increase from the same quarter last year [2] - Revenue is anticipated to be $834.34 million, indicating a 49.02% rise compared to the year-ago quarter [2] Full Year Estimates - For the full year, earnings are projected at$ 7.09 per share and revenue at $3.47 billion, reflecting changes of +4.26% and +28.91% from the previous year [3] - Recent revisions to analyst forecasts for SM Energy are crucial as they indicate evolving short-term business trends, with positive revisions suggesting analyst optimism [3] Valuation Metrics - SM Energy has a Forward P/E ratio of 3.06, which is a discount compared to the industry's average Forward P/E of 6.92 [6] - The Oil and Gas - Exploration and Production - United States industry is part of the Oils-Energy sector and currently holds a Zacks Industry Rank of 190, placing it in the bottom 24% of over 250 industries [6] Zacks Rank System - The Zacks Rank system, which ranges from 1 (Strong Buy) to 5 (Strong Sell), currently rates SM Energy as 5 (Strong Sell) [5] - Over the past month, there has been a 0.49% decline in the Zacks Consensus EPS estimate for SM Energy [5]