Sempra Energy (SRE): What’s the Story?

Sempra Energy (SRE) is an interesting player in the Utilities space, with a focus on Diversified Utilities. The stock has been active on the tape, currently trading at $117.13, down from yesterday’s close by -0.05%. Given the stock’s recent action, it seemed like a good time to take a closer look at the company’s recent data.

Fundamental Analysis

Sempra Energy (SRE) currently trades with a market capitalization of $30.72 Billion. That value represents a market adjusting for revenues that have been falling by -3.02 % on a quarterly year/year basis as of the company’s last quarterly report.

You can get a sense of how sustainable that is by a levered free cash flow of -$388 Million over the past twelve months. Generally speaking, earnings are expected to grow in coming quarters. Analysts are forecasting earnings of $1.16 on a per share basis this quarter. Perhaps, that suggests something about why 0.53% of the outstanding share supply is held by institutional investors.

Technical Analysis

It’s important to check the technicals to get a sense of how SRE has been acting. Looking at the stock’s movement on the chart, Sempra Energy recorded a 52-week high of $122.97. It is now trading 5.84% off that level. The stock is trading $108.10 its 50-day moving average by -9.03%. The stock carved out a 52-week low down at $100.49.

In recent action, Sempra Energy (SRE) has made a move of +9.97% over the past month, which has come on Strong relative transaction volume. Over the trailing year, the stock is underperforming the S&P 500 by 14.11, and it’s gotten there by action that has been less volatile on a day-to-day basis than most other stocks on the exchange. In terms of the mechanics underlying that movement, traders will want to note that the stock is trading on a float of 5.17% with $262.26 Million sitting short, betting on future declines. That suggests something of the likelihood of a short squeeze in shares of SRE.

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