In Thursday’s Wall Street session, Sempra (NYSE:SRE) shares traded at $69.62, down -3.17% from the previous session.
SRE stock price is now -15.07% away from the 50-day moving average and -15.16% away from the 200-day moving average. The market capitalization of the company currently stands at $45.35B.
With the price target reduced from $96 to $77, Jefferies Downgraded its rating from Buy to Hold for Sempra (NYSE: SRE). On February 27, 2025, Barclays Downgraded its previous ‘Overweight’ rating to ‘Equal Weight’ on the stock reducing its target price from $95 to quote $72, while ‘UBS’ rates the stock as ‘Neutral’
In other news, Larroque Alexander Lisa, SVP, Corp Affairs & HR sold 2,755 shares of the company’s stock on Feb 11 ’25. The stock was sold for $225,717 at an average price of $81.93. Upon completion of the transaction, the SVP, Corp Affairs & HR now directly owns 13,905 shares in the company, valued at $0.97 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Feb 11 ’25, Officer Larroque Alexander Lisa bought 2,755 shares of the business’s stock. A total of $225,717 was incurred on buying the stock at an average price of $81.93. A total of 0.07% of the company’s stock is owned by insiders.
During the past 12 months, Sempra has had a low of $64.89 and a high of $95.77. As of last week, the company has a debt-to-equity ratio of 1.16, a current ratio of 0.55, and a quick ratio of 0.49.
The net profit margin was 21.74% and return on equity was 9.55% for SRE. The company reported revenue of $3.76 billion for the quarter, compared to $3.49 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 7.65 percent.
