Sempra (SRE) Projected to Post Earnings on Tuesday

Sempra (NYSE:SRE) is expected to post its quarterly earnings results 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. Individual that are interested in participating in the company’s earnings conference call can do so using this link.

Sempra Trading Up 1.3 %

SRE stock opened at $87.11 on Friday. The company has a market cap of $55.18 billion, a price-to-earnings ratio of 19.19, a PEG ratio of 2.19 and a beta of 0.78. The company has a quick ratio of 0.47, a current ratio of 0.52 and a debt-to-equity ratio of 0.89. The business has a fifty day simple moving average of $84.31 and a 200-day simple moving average of $84.86. Sempra has a 52 week low of $66.40 and a 52 week high of $95.77.

Wall Street Analyst Weigh In

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

Insider Buying and Selling at Sempra

In other Sempra news, SVP Alexander Lisa Larroque sold 2,755 shares of the company’s stock in a transaction dated Tuesday, February 11th. The shares were 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 of the company’s stock, valued at $1,139,236.65. This represents a 16.54 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, CEO Jeffrey W. Martin sold 49,737 shares of the company’s stock in a transaction dated Thursday, January 30th. The shares were sold at an average price of $82.94, for a total transaction of $4,125,186.78. Following the completion of the sale, the chief executive officer now owns 2 shares in the company, valued at approximately $165.88. This trade represents a 100.00 % decrease in their position. The disclosure for this sale can be found here. 0.24% of the stock is currently owned by corporate insiders.

About Sempra

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.