SRE stock: buy or sell?

SRE stock price: $146.23 0.88% At close on October 18th, 2019

Updated on:
October 18th, 2019

4

Shares of Sempra Energy appreciated a slightly fine 0.88% and closed at $146.23.

Sempra Energy, together with its subsidiaries, engages in energy business worldwide. The company's San Diego Gas & Electric Company segment transmits and distributes electricity and\u002For natural gas.

Should I buy SRE stock?

Trading stocks requires experience and discipline, and your buying and selling decisions must come following a methodology. Following a trading plan helps to make decisions easier, quicker and with less hesitations. There are thousands of trading strategies for you to choose, but at Stocks2.com we prefer those that are simple but successful.

Currently, Sempra Energy stock doesn't match any of these trading strategies, so our recommendation is not to buy.

Buy setupElegible
New all-time highNo
New 52 week highNo
Price crossing up 200d MANo
100d MA crossing up 200d MANo
This doesn't mean SRE will fall in coming sessions, or it will not rise higher. Simply, it doesn't match our recommended trading systems.

Is Sempra Energy stock a buy?

Everyday, hundreds of stock ratings are posted by financial analysts to indicate a particular stock's attractiveness. At Stocks2.com, we gathered 15 ratings published for SRE stock in the last month.

The general sentiment of these ratings is bullish for SRE stock, with 9 positive ratings.
Is SRE a good stock to buy?
DateAnalyst / BrokerPrevious ratingCurrent rating
2019-9-6UBS Groupn/aBuy
2019-9-30Wells Fargo & Con/aOutperform
2019-9-24Argusn/aBuy
2019-9-2Peel Huntn/aBuy
2019-9-17Peel Huntn/aBuy
2019-9-10Peel Huntn/aBuy
2019-8-27Peel Huntn/aBuy
2019-8-16Morgan Stanleyn/aEqual Weight
2019-8-13Barclaysn/aEqual Weight
2019-6-27Bank of AmericaBuyNeutral
2019-5-23Morgan Stanleyn/aHold
2019-5-16Morgan Stanleyn/aEqual Weight
2019-4-15Wells Fargo & CoOutperformOutperform
2019-3-28Wells Fargo & Con/aOutperform
2019-3-28Morgan Stanleyn/aHold

SRE stock analysis

Daily outlook

Sempra Energy shares appreciated 0.88% to $146.23 on October 18th.

Shares of Sempra Energy appreciated a slightly fine 0.88% and closed at $146.23. On Sep/30, SRE hit new all time highs, pushing higher previous ATH of $145.08 recorded on Sep/26. New ATHs are usual entry points for many trading setups as there aren't higher resistences. Since August when SRE stock price broke up the SMA50d line, it gained $10.42 (7.67%).

SRE stock chart (daily)

Weekly outlook

Shares of Sempra Energy inched a tiny 0.51% this week.

Sempra Energy stock is trading in the range of its last top and last bottom. Loosing would mean breaking the current uptrend. Breakdowns under last bottom are selling point signals for some trading strategies. Not so far away is the last all-time high Sempra Energy marked late September. Early January SRE price bounced up over the SMA of 40 weeks that acted as support stopping new slides. Since late February when SMA10w and SMA20w crossed up, SRE price gained $30.30 per share (26.14%).

SRE stock chart (weekly)

SRE stock price history

SRE stock went public on June 29th, 1998 with a price of $12.831. Since then, SRE stock surged a 1,039.80%, with an average of 49.50% per year. If you had invested right after SRE's IPO a $1,000 in SRE stock in 1998, it would worth $10,398.00 today.

1: Adjusted price after possible price splits or reverse-splits.

SRE stock historical price chart

SRE stock reached all-time highs on Sep 30th with a price of $148.14.

SRE stock price target is $144.70

Predicting the price evolution of a stock or any financial instrument in a reliable and repeatable way is probably impossible. However, financial institutions invest time and resources to provide the most accurated estimations to help investors to make their decisions. The accuracy of these stock price predictions is not very high, and you should not blindly believe and make decisions only based on what this ratings or price target predictions say. We detected 10 price forecasts for SRE stock published in the last 30 days:
SRE stock price predictions
DateAnalyst / BrokerActionPrevious targetCurrent targetDiff
2019-9-6UBS GroupRaises Target$156.00$162.003.8%
2019-9-30Wells Fargo & CoRaises Target$153.00$161.005.2%
2019-9-24ArgusRaises Targetn/a$156.00-
2019-8-16Morgan StanleyLowers Target$144.00$141.00-2.1%
2019-8-13BarclaysInitiatesn/a$142.00-
2019-5-23Morgan StanleySet Price Target$132.00$142.007.6%
2019-5-16Morgan StanleyRaises Target$131.00$132.000.8%
2019-4-15Wells Fargo & CoRaises Target$137.00$140.002.2%
2019-3-28Wells Fargo & CoReiterates$130.00$137.005.4%
2019-3-28Morgan StanleyReiteratesn/a$134.00-
(in average)$140.40$144.703.0%
The price prediction for Sempra Energy stock is $144.70, moving in a range between $162.00 and $132.00. In average, analysts' outlook on SRE price forecast is positive, upgrading the prediction by a 3.00% from previous estimations.

Financials and fundamental analysis

Earnings date and Earnings per Share

Sempra Energy reported decent results for 2018-Q4 on February. Sempra Energy gained Earnings per Share (EPS) by 6.10%, beating experts of $1.47. Sempra Energy posted $1.56.
SRE earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2017-Q1-n/a1.75n/a
2017-Q2-n/a1.19n/a
2017-Q32017-10-301.051.04-1.0%
2017-Q42018-02-271.41.5410.0%
2018-Q12018-05-071.671.43-14.4%
2018-Q22018-08-061.171.3515.4%
2018-Q32018-11-071.131.238.8%
2018-Q42019-02-261.471.566.1%
2019-Q1-n/an/an/a
2019-Q2-n/an/an/a

Annual financial results

In 2018, Sempra Energy annual revenues appreciated a nice 4.28% to $11,687.00 M dollars from $11,207.00 marked in 2017. When comparing 2018 vs 2017, in line, profit margin (that is, the net income divided by revenues) rose a 6.69% to 8.98%.

SRE annual Sales and Income evolution
YearSalesYoYIncome/(margin)YoY
2013$10,560 M-$1,010 M9.6%-
2014$11,035 M4.50%$1,162 M10.5%15.05%
2015$10,231 M-7.29%$1,350 M13.2%16.18%
2016$10,183 M-0.47%$1,371 M13.5%1.56%
2017$11,207 M10.06%$257 M2.3%-81.25%
2018$11,687 M4.28%$1,050 M9.0%308.56%

Quarterly financial results

Sempra Energy posted $3,221.00 M in revenues for 2018-Q4, a 9.56% improvement compared to previous quarter. Reported quarter income marked $900.00 million with a profit margin of 27.94%. Profit margin climbed a 17.40% compared to previous quarter when profit margin was 10.54%. When comparing sales to same quarter last year, Sempra Energy sales marked a very good gain and escalated a 8.67%. Looking back to recent quarterly results, Sempra Energy posted 2 negative quarters in a row.
SRE quarterly Sales and Income evolution
QuarterSales1QoQ2Income1/(margin)QoQ2
2017-Q1$3,030 M-$441 M14.6%-
2017-Q2$2,520 M-16.83%$260 M10.3%-41.04%
2017-Q3$2,679 M6.31%$57 M2.1%-78.08%
2017-Q4$2,964 M10.64%$-501 M-16.9%-978.95%
2018-Q1$2,962 M-0.07%$375 M12.7%-174.85%
2018-Q2$2,564 M-13.44%$-535 M-20.9%-242.67%
2018-Q3$2,940 M14.66%$310 M10.5%-157.94%
2018-Q4$3,221 M9.56%$900 M27.9%190.32%

Sempra Energy ownership

When you are planning to buy a stock, it's always worth to overview its ownership structure.

Management staff in all public traded companies that hold equity is required to report every transaction to the SEC. For Sempra Energy, 0.15% of all outstanding shares are owned by its staff.

Bearish positions for SRE stock account 0.00%, no big difference from last month.

For a better context understanding, the next table shows ownership data compared to other related stocks:

SREDMDUNEENI
Market cap$40.1 B$66.0 B$5.5 B$113.6 B$10.4 B
Total shares274.6 M803.4 M199.1 M488.8 M373.4 M
Float shares274.0 M800.7 M196.8 M477.8 M371.5 M
  - Institutional holdings (%)99.4%60.2%68.4%79.2%95.3%
  - Insider holdings (%)0.1%0.3%1.1%0.2%0.4%
Shares in short selling0.0%0.0%0.0%0.0%0.0%

SRE summary

Friday, October 18th, 2019
Open$144.99
Close$146.23
Day range$144.63 - $146.93
Previous close$144.96
Session gain0.88%
Average true range$1.81
50d mov avg$142.10
100d mov avg$139.01
200d mov avg$129.63
Daily pattern
Weekly pattern lt06a

Sempra Energy performance

To better understand Sempra Energy performance you must becnhmark its gains with other related stocks in same sector or industry. In the following table, we compare Sempra Energy performance to Dominion Energy, MDU Resources, NextEra Energy, NiSource, Pacific Gas & Electric, Southwest Gas and UGI:
Stock3m6m12m
SRE5.14%16.39%29.24%
DDominion Energy8.16%12.27%17.17%
MDUMDU Resources6.30%9.76%9.33%
NEENextEra Energy11.47%24.24%37.39%
NINiSource-3.52%2.94%13.42%
PCGPacific Gas & Ele...-56.38%-63.05%-84.11%
SWXSouthwest Gas0.73%9.85%13.66%
UGI -3.54%-7.12%-12.05%

Sempra Energy competitors

One check before trading any stock is to have a look a list of its competitors, in this case for Sempra Energy. We selected 7 companies as Sempra Energy competitors as they are in the same industry or have similar market objectives.

Latest SRE stock news