Sempra Energy stock: buy or sell
Updated on:
Apr 22nd, 2021
2
Sempra Energy stock brief
- Sempra Energy closed on Wednesday at $138.60 after scarcely moving a -0.90% breaking a streak of 6 sessions in positive.
- Morgan Stanley posted a hold rating for Sempra Energy on Tuesday, targeting $152.00
- Sempra Energy operates as an energy-services holding company in the United States and internationally.
Should I buy Sempra Energy stock?
Even if you are a experienced or a novel trader, best trading results come from using an investing strategy that never leaves to random or subjective opinions when is the best moment to buy or sell stocks. Trading strategies are meant for helping you in the decision process of what stocks to pick and when is the best moment to buy them. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best
Is $SRE stock a buy?
Currently, Sempra Energy stock doesn't match any of these trading strategies, so our recommendation is not to buy now. This doesn't mean $SRE will slide in coming sessions, or it will not rise higher. Simply, it doesn't match our recommended trading systems
Should I sell Sempra Energy stock?
How to know when is it time to sell Sempra Energy stock?. Trading strategies allow us to avoid impetuous decisions based on our emotions or the noise surrounding the market. When selling, as well as buying, our strategies are very easy to follow but are only applicable for selling stocks in your porfolio, not for shorting Sempra Energy stock
As a golden rule, you must never hold an operation that yields greater losses than those expected upon purchase. The timing to sell your stock must always be dictated by the stop-loss (automatic or manual)
Is it time to sell Sempra Energy stock?
In the current situation of Sempra Energy there is not any eligible sell setup, so Sempra Energy stock holders with operations in green can keep their positions
Sempra Energy ratings
In the last month, 6 brokerage ratings were published for Sempra Energy
| Brokerage firm | Rating |
|---|---|
| Mar 25th, 2021 | |
| Morgan Stanley | |
| Apr 6th, 2021 | |
| BMO Capital Markets | |
| Apr 7th, 2021 | |
| Seaport Global Securities | |
| Apr 13th, 2021 | |
| Seaport Global Securities | |
| Apr 19th, 2021 | |
| Mizuho | Neutral → |
| Apr 20th, 2021 | |
| Morgan Stanley | |
Sempra Energy stock analysis
In mid-March, the price broke out above the previous top at $126.53 on the downtrend started in November 2020. Since then, the price action resulted in a 9.54% profit.
SMAs overview
Supports and resistances
The current resistance levels are:
The current supports are:
Bollinger bands
Since the price surpassed the upper band on Tuesday, the price dropped by 1.08%. The price is trading very close to the upper Bollinger band, indicating some level of overbought in recent sessions. This is not a sell signal, as price can move in these levels for many days and weeks
Relative strength index
After breaking out the overbought zone yesterday, dropped back below with a value of 69.98. This is a weak signal for the stock and it must tip us off of weakness in the price action
Sempra Energy stock price history
Sempra Energy IPO was on Jun 29th, 1998 priced at $12.19 per share1. Since then, SRE stock has risen by 1,037.00%, with an average of 47.14% per year. If you had invested thousand dollars in Sempra Energy stock on Jun 1998, it would have a value of $11,369.98 today.
1: Adjusted price after possible price splits or reverse-splits
Price target for Sempra Energy stock
How much a stock will be priced tomorrow or next week is quite unpredictable. However, many stock price predictions are posted every day by banks, financial institutions and independent analysts.
The following table shows the price predictions posted by analysts in the last 30 days. Again, these targets are not direct recommendations for small traders and must not be trusted blindly.
The average price target for Sempra Energy stock calculated from the table below is $147.25. Sempra Energy closed at $138.60 on Wednesday, that is a 5.87% than the target price.
| Brokerage firm | Price target |
|---|---|
| Mar 25th, 2021 | |
| Morgan Stanley | $144.00 → $142.00 |
| Apr 6th, 2021 | |
| BMO Capital Markets | $142.00 → $147.00 |
| Apr 7th, 2021 | |
| Seaport Global Securities | Not available |
| Apr 13th, 2021 | |
| Seaport Global Securities | Not available |
| Apr 19th, 2021 | |
| Mizuho | $129.00 → $148.00 |
| Apr 20th, 2021 | |
| Morgan Stanley | $142.00 → $152.00 |
Earnings and financials
Sempra Energy ($SRE) came out with earnings of $1.90 per share last February, strongly upping the Wall St consensus estimate of $1.56 per share. This Q4 report means an earnings surprise of 21.79%. Predicted revenue for Q4 was $3.4 billion but Sempra Energy slightly missed by 5.63%, posting $3.2 billion.
This compares to Earnings of $1.55 per share a year ago, so reported EPS means an increase of 22.58%. Turnover grew a 7.75% on an annualized basis in the , from $29.4B to $31.7B last quarter.Sempra Energy ($SRE) is hosting the quarterly earnings call next Monday. Expected for this quarter is $2.58, compared to $1.90 that was reported for Q4.
Sempra Energy performance
| Company | 1m | 3m | 6m |
|---|---|---|---|
| Sempra Energy ($SRE) | 9.20% | 14.50% | 9.20% |
Important:
The opinions expressed in this article are personal and should not be followed as recommendations for you to buy or sell shares. The author of this text does not have any knowledge of the individual positions of the reader, his or her finances or his or her own best interests at any given time. All users should speak with their financial advisor before buying or selling any securities Opinions are posted for education purposes onlySempra Energy summary
| Wednesday, April 21st, 2021 | |
|---|---|
| Open | $139.84 |
| Close | $138.6 |
| Day range | $137.88 - $140.3 |
| Previous close | $139.86 |
| Session gain | -0.90% |
| Average true range | $2.54 |
| 50d mov avg | $127.45 |
| 100d mov avg | $125.86 |
| 200d mov avg | $124.25 |
| Earnings date | May 3rd, 2021 |