SM Energy (SM) Registers a Bigger Fall Than the Market: Important Facts to Note

Group 1: Stock Performance - SM Energy's stock closed at $27.55, reflecting a -1.36% change from the previous day's closing price, which was less than the S&P 500's daily loss of 0.03% [1] - Over the past month, SM Energy shares gained 17.7%, outperforming the Oils-Energy sector's gain of 5.57% and the S&P 500's gain of 0.6% [1] Group 2: Earnings Projections - SM Energy is projected to report earnings of $1.24 per share, indicating a year-over-year decline of 32.97% [2] - The consensus estimate for revenue is $777.04 million, reflecting a 22.46% increase from the same quarter last year [2] Group 3: Fiscal Year Estimates - For the entire fiscal year, earnings are estimated at $5.67 per share, representing a -16.62% change from the previous year, while revenue is projected at $3.24 billion, indicating a +20.58% change [3] Group 4: Analyst Sentiment - Recent changes to analyst estimates for SM Energy are important, as positive revisions indicate optimism regarding the business and profitability [3][4] - The Zacks Rank system, which incorporates estimate changes, currently ranks SM Energy at 5 (Strong Sell) [5] Group 5: Valuation Metrics - SM Energy has a Forward P/E ratio of 4.93, which is a discount compared to its industry's Forward P/E of 12.04 [6] - The Oil and Gas - Exploration and Production - United States industry is ranked 182 in the Zacks Industry Rank, placing it in the bottom 27% of over 250 industries [6]