SM Energy Net Income vs. Earnings Per Share
| 0KZA Stock | 40.19 0.55 1.35% |
Net Income | First Reported 1990-03-31 | Previous Quarter 210.3 M | Current Value 240.5 M | Quarterly Volatility 123.7 M |
For SM Energy profitability analysis, we use financial ratios and fundamental drivers that measure the ability of SM Energy to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well SM Energy Co utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between SM Energy's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of SM Energy Co over time as well as its relative position and ranking within its peers.
0KZA |
SM Energy Earnings Per Share vs. Net Income Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining SM Energy's current stock value. Our valuation model uses many indicators to compare SM Energy value to that of its competitors to determine the firm's financial worth. SM Energy Co is rated second in net income category among its peers. It is rated third in earnings per share category among its peers . The ratio of Net Income to Earnings Per Share for SM Energy Co is about 307,127,300 . At this time, SM Energy's Net Income is comparatively stable compared to the past year. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the SM Energy's earnings, one of the primary drivers of an investment's value.0KZA Earnings Per Share vs. Net Income
Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
SM Energy |
| = | 817.88 M |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Earnings per Share (EPS) denotes the portion of a company's earnings that is allocated to each share of common stock. To calculate Earnings per Share investors will need to take a company's net income, subtract any dividends for preferred stock, and divide it by the number of average outstanding shares. EPS is usually presented in two different ways: basic and diluted. Fully diluted Earnings per Share takes into account effects of warrants, options, and convertible securities and is generally viewed by analysts as a more accurate measure.
SM Energy |
| = | 2.66 X |
Earnings per Share is one of the most critical measures of the firm's current share price and is used by investors to determine the overall company profitability, especially when compared to the EPS of similar companies.
0KZA Earnings Per Share Comparison
SM Energy is currently under evaluation in earnings per share category among its peers.
SM Energy Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in SM Energy, profitability is also one of the essential criteria for including it into their portfolios because, without profit, SM Energy will eventually generate negative long term returns. The profitability progress is the general direction of SM Energy's change in net profit over the period of time. It can combine multiple indicators of SM Energy, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | -2.6 M | -2.7 M | |
| Operating Income | 986.9 M | 1 B | |
| Income Before Tax | 914.2 M | 959.9 M | |
| Total Other Income Expense Net | -72.7 M | -76.3 M | |
| Net Income | 817.9 M | 858.8 M | |
| Income Tax Expense | 96.3 M | 101.1 M | |
| Interest Income | 147.5 M | 131.5 M | |
| Net Income Applicable To Common Shares | 1.3 B | 1.3 B | |
| Change To Netincome | 28.7 M | 30.2 M |
0KZA Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on SM Energy. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of SM Energy position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the SM Energy's important profitability drivers and their relationship over time.
Use SM Energy in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if SM Energy position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in SM Energy will appreciate offsetting losses from the drop in the long position's value.SM Energy Pair Trading
SM Energy Co Pair Trading Analysis
The ability to find closely correlated positions to SM Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace SM Energy when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back SM Energy - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling SM Energy Co to buy it.
The correlation of SM Energy is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as SM Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if SM Energy moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for SM Energy can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your SM Energy position
In addition to having SM Energy in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Conservative Funds Thematic Idea Now
Conservative Funds
Funds or Etfs that invest using buy-and-hold investment strategy in companies with consistent growth over many years of operation. The Conservative Funds theme has 40 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Conservative Funds Theme or any other thematic opportunities.
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Additional Tools for 0KZA Stock Analysis
When running SM Energy's price analysis, check to measure SM Energy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy SM Energy is operating at the current time. Most of SM Energy's value examination focuses on studying past and present price action to predict the probability of SM Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SM Energy's price. Additionally, you may evaluate how the addition of SM Energy to your portfolios can decrease your overall portfolio volatility.