Allergan plc (AGN) Forms $155.25 Double Bottom; SM Energy Co (SM)’s Sentiment Is 1.04

SM Energy Company (NYSE:SM) Logo

SM Energy Co (SM) investors sentiment decreased to 1.04 in Q4 2017. It’s down -0.26, from 1.3 in 2017Q3. The ratio fall, as 98 institutional investors opened new or increased positions, while 94 reduced and sold equity positions in SM Energy Co. The institutional investors in our database now have: 117.58 million shares, up from 115.08 million shares in 2017Q3. Also, the number of institutional investors holding SM Energy Co in top ten positions decreased from 6 to 5 for a decrease of 1. Sold All: 21 Reduced: 73 Increased: 66 New Position: 32.

Allergan plc (AGN) formed double bottom with $144.38 target or 7.00% below today’s $155.25 share price. Allergan plc (AGN) has $52.64B valuation. The stock increased 1.60% or $2.44 during the last trading session, reaching $155.25. About 1.81M shares traded. Allergan plc (NYSE:AGN) has declined 33.03% since May 17, 2017 and is downtrending. It has underperformed by 44.58% the S&P500.

The stock increased 1.07% or $0.27 during the last trading session, reaching $25.46. About 3.17 million shares traded. SM Energy Company (SM) has declined 16.15% since May 17, 2017 and is downtrending. It has underperformed by 27.70% the S&P500.

SM Energy Company, an independent energy company, engages in the acquisition, exploration, development, and production of crude oil and condensate, natural gas, and natural gas liquids in onshore North America. The company has market cap of $2.84 billion. It primarily has activities in the South Texas and Gulf Coast, Rocky Mountain, and Permian regions. It currently has negative earnings. As of December 31, 2016, the firm had 395.8 million barrels of oil equivalent of estimated proved reserves; and working interests in 841 net productive oil wells and 704 net productive gas wells.

Analysts await SM Energy Company (NYSE:SM) to report earnings on August, 2. They expect $-0.11 earnings per share, up 65.63% or $0.21 from last year’s $-0.32 per share. After $0.07 actual earnings per share reported by SM Energy Company for the previous quarter, Wall Street now forecasts -257.14% negative EPS growth.

Oslo Asset Management As holds 11.84% of its portfolio in SM Energy Company for 1.46 million shares. Key Group Holdings (Cayman) Ltd. owns 4.44 million shares or 7.84% of their US portfolio. Moreover, Vr Advisory Services Ltd has 6.67% invested in the company for 575,000 shares. The New York-based Napier Park Global Capital (Us) Lp has invested 5.07% in the stock. Columbia Pacific Advisors Llc, a Washington-based fund reported 124,426 shares.

Ratings analysis reveals 86% of SM Energy’s analysts are positive. Out of 7 Wall Street analysts rating SM Energy, 6 give it “Buy”, 0 “Sell” rating, while 1 recommend “Hold”. The lowest target is $42.0 while the high is $57.0. The stock’s average target of $50 is 96.39% above today’s ($25.46) share price. SM was included in 7 notes of analysts from August 29, 2016. On Tuesday, October 18 the stock rating was upgraded by CapitalOne to “Overweight”. The company was upgraded on Tuesday, August 30 by Seaport Global Securities. Howard Weil upgraded the shares of SM in report on Tuesday, October 4 to “Sector Outperform” rating. The stock of SM Energy Company (NYSE:SM) has “Buy” rating given on Monday, August 29 by Williams Capital Group. Bank of America initiated SM Energy Company (NYSE:SM) rating on Wednesday, January 4. Bank of America has “Buy” rating and $52.0 target. The firm has “Buy” rating given on Thursday, December 1 by Stifel Nicolaus. The stock of SM Energy Company (NYSE:SM) has “Sector Perform” rating given on Wednesday, October 19 by RBC Capital Markets.

Analysts await Allergan plc (NYSE:AGN) to report earnings on August, 2. They expect $4.13 earnings per share, up 2.74% or $0.11 from last year’s $4.02 per share. AGN’s profit will be $1.40 billion for 9.40 P/E if the $4.13 EPS becomes a reality. After $3.74 actual earnings per share reported by Allergan plc for the previous quarter, Wall Street now forecasts 10.43% EPS growth.

SM Energy Company (NYSE:SM) Institutional Positions Chart