Sempra Energy stock: buy or sell
Updated on:
Jan 25th, 2021
1
Sempra Energy stock brief
- Sempra Energy closed last Friday at $121.45 after only moving a -0.75%.
- From the chart point view, price is drawing an scaled downtrend since last November with lower tops and lower bottoms. this downtrend marked a -10.93% loss.
- Morgan Stanley published a hold rating for Sempra Energy last Wednesday, with a forecast of $143.00
- 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 we expect a selloff for $SRE in the next few days, or that it may not rise higher. Simply, it doesn't match our recommended trading systems
Should I sell Sempra Energy stock?
"To sell or not to sell", if you are holding Sempra Energy stock?. Much like when we have to buy shares, choosing when is appropiate time to sell is not a capricious decision, and we must adhere our own trading style. When selling, as well as buying, detailed setups are very simple to use and are only applicable for selling stocks you already own, not for selling short Sempra Energy stock
As a rule of thumb, you must never mantain a trade that generates higher than expected losses at the time of the buy. When to sell shares should always be ruled by the stop-loss (automatic or manual)
Is it time to sell Sempra Energy stock?
Currently, Sempra Energy stock doesn't match any of our preferred sell setups, so if you own Sempra Energy stock and your operation is in profit probably is not time to sell now
Sempra Energy ratings
In the last 30 days, 4 ratings were published for Sempra Energy
| Brokerage firm | Rating |
|---|---|
| Jan 5th, 2021 | |
| Barclays | Buy |
| Jan 12th, 2021 | |
| KeyCorp | Buy |
| Jan 14th, 2021 | |
| Wells Fargo & Company | |
| Jan 20th, 2021 | |
| Morgan Stanley | |
Sempra Energy stock analysis
Sempra Energy accumulates a selloff of -10.93% since its latest top last November at $136.36. The stock plotted 2 consecutive lower tops.
SMAs overview
Supports and resistances
The current resistances are:
The current support levels are:
Bollinger bands
Since the price broke down the lower band on January 12, the price rebounded by 5.76%
Relative strength index
The RSI broke out the oversold level of 30 on January 13 after just being in the oversold zone for just one day (what can be considered a strength sign). The RSI value last Friday was 42.91
Sempra Energy stock price history
Sempra Energy started trading priced at an adjusted price1 of $12.30 on Jun 1998. Since then, SRE stock surged by 887.40%, with an average of 40.34% per year. If you had invested $1,000USD in Sempra Energy stock on Jun 1998, it would be valued $9,873.98 today.
1: Adjusted price after possible price splits or reverse-splits
Price target for Sempra Energy stock
Nobody can predict how much a stock will be priced tomorrow. However, many stock price predictions are issued every day by banks, financial institutions and independent analysts.
The following table shows the price target posted by brokerage institutions in the last month. Again, these forecasts are not direct recommendations for small traders and must not be trusted blindly.
Averaging all price targets exposed below, the estimated price for Sempra Energy stock is $143.50. That is a 18.16% than the current price ($121.45).
| Brokerage firm | Price target |
|---|---|
| Jan 5th, 2021 | |
| Barclays | $159.00 → $149.00 |
| Jan 12th, 2021 | |
| KeyCorp | $143.00 → $141.00 |
| Jan 14th, 2021 | |
| Wells Fargo & Company | $141.00 |
| Jan 20th, 2021 | |
| Morgan Stanley | $148.00 → $143.00 |
Earnings and financials
Sempra Energy ($SRE) hosted the quarterly shareholders call and posted the report last November. The company came out with earnings of $1.31 per share, failing to match the Market consensus estimate of $1.52 per share.
This compares to Earnings of $1.50 per share same quarter last year, so posted EPS is a loss of -12.67%. Turnover barely moved on an annualized basis in the , from $27.6B to $26.4B last quarter.Sempra Energy ($SRE) is releasing quarterly earnings report late next February. Forecasted for this quarter is $1.58, compared to $1.31 that was reported for Q3.
Sempra Energy performance
| Company | 1m | 3m | 6m |
|---|---|---|---|
| Sempra Energy ($SRE) | -4.00% | -5.50% | -3.30% |
Important note:
The comments published in this post are personal and not recommendations for you to buy or sell shares. The author of this article does not have an understanding of the specific situations of the reader, his or her own financial statements or what is in his or her best interest at any given time. All users should speak with their financial advisor before buying or selling any securities Opinions are provided for informational motives onlySempra Energy summary
| Friday, January 22nd, 2021 | |
|---|---|
| Open | $122.1 |
| Close | $121.45 |
| Day range | $120.59 - $122.71 |
| Previous close | $122.37 |
| Session gain | -0.75% |
| Average true range | $3.84 |
| 50d mov avg | $127.12 |
| 100d mov avg | $124.66 |
| 200d mov avg | $123.22 |
| Earnings date | February 25th, 2021 |