Sempra (SRE) Projected to Post Earnings on Tuesday

Sempra (NYSE:SRE) is anticipated to release its earnings data before the market opens on Tuesday, February 25th. Analysts expect Sempra to post earnings of $1.47 per share and revenue of $4.90 billion for the quarter. Persons interested in listening to the company’s earnings conference call can do so using this link.

Sempra Price Performance

Shares of NYSE:SRE opened at $87.11 on Friday. The company has a debt-to-equity ratio of 0.89, a current ratio of 0.52 and a quick ratio of 0.47. Sempra has a 12 month low of $66.40 and a 12 month high of $95.77. The firm has a market capitalization of $55.18 billion, a price-to-earnings ratio of 19.19, a price-to-earnings-growth ratio of 2.19 and a beta of 0.78. The business’s 50 day simple moving average is $84.31 and its 200-day simple moving average is $84.86.

Wall Street Analyst Weigh In

Several research analysts recently issued reports on SRE shares. Evercore ISI lifted their price objective on Sempra from $84.00 to $88.00 and gave the stock an “outperform” rating in a research report on Thursday, November 7th. Wells Fargo & Company lifted their price objective on Sempra from $87.00 to $96.00 and gave the stock an “overweight” rating in a research report on Thursday, November 7th. Barclays cut their price objective on Sempra from $99.00 to $95.00 and set an “overweight” rating for the company in a research report on Monday, January 27th. Finally, Morgan Stanley upgraded Sempra from an “equal weight” rating to an “overweight” rating and lifted their price objective for the stock from $85.00 to $98.00 in a research report on Friday, December 13th. Ten research analysts have rated the stock with a buy rating, According to data from MarketBeat.com, Sempra has an average rating of “Buy” and a consensus target price of $91.20.

Insider Buying and Selling at Sempra

In other Sempra news, SVP Alexander Lisa Larroque sold 2,755 shares of the business’s stock in a transaction on Tuesday, February 11th. The stock was sold at an average price of $81.93, for a total value of $225,717.15. Following the completion of the transaction, the senior vice president now directly owns 13,905 shares in the company, valued at approximately $1,139,236.65. The trade was a 16.54 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO Jeffrey W. Martin sold 49,737 shares of the company’s stock in a transaction on Thursday, January 30th. The stock was sold at an average price of $82.94, for a total value of $4,125,186.78. Following the sale, the chief executive officer now owns 2 shares of the company’s stock, valued at approximately $165.88. The trade was a 100.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.24% of the stock is currently owned by insiders.

Sempra Company Profile

Sempra operates as an energy infrastructure company in the United States and internationally. It operates through three segments: Sempra California, Sempra Texas Utilities, and Sempra Infrastructure. The Sempra California segment provides electric services; and natural gas services to San Diego County.