Brokerage Consensus Update: SM Energy Company (NYSE:SM), Micron Technology, Inc. (NASDAQ:MU)

In the most recent session, SM Energy Company (NYSE:SM) shares have traded -2.84%. Following the stock price relative to moving averages may offer enhanced perspective on stock performance. After a recent review, the stock has been noted $-2.92 away from the 50-day moving average of $21.77 and $-9.28 away from the 200-day moving average of $28.13. From a different angle, the stock has been recently recorded -56.25% off of the 52-week high of 43.09 and +0.24% removed from the 52-week low of 18.81. 

Currently, SM Energy Company has a price to earnings ratio of N/A. Analysts and investors may also opt to evaluate a company's PEG or price to earnings growth ratio. The PEG ratio represents the ratio of the price to earnings to the anticipated future growth rate of the company. If a company has a PEG Ratio below one, it may be viewed as undervalued. If a company has a PEG Ratio above one, it may show that the company is overvalued. A PEG Ratio near one may be viewed as fair value. The stock currently has a PEG Ratio of -0.16.

Price Target Update

Analysts polled by Thomson Reuters have set a consensus target price of $34.40 on shares. Target prices may vary from one analyst to another due to the various ways they may proceed to calculate future price targets. This is a near-term estimation for the next 12-18 months.

Micron Technology, Inc. (NASDAQ:MU) shares have a current ABR (average broker recommendation) of N/A. This recommendation is offered by Zacks Research. The rating lands on a sliding numerical scale from 1 to 5. A recommendation of 5 would indicate a Strong Sell, and a 1 would signify a Strong Buy. The mean rating may help provide a general sense of analyst sentiment on company shares.

Sell-side analysts taken into consideration by Zacks have also provided price target estimates on shares of Micron Technology, Inc. (NASDAQ:MU). The highest current target is $N/A. The lowest price target out of the polled analysts is presently $N/A. The consensus target price is currently noted at $N/A. Analysts may employ various techniques to help predict future stock price levels.

On the earnings front, Micron Technology, Inc. (NASDAQ:MU) is expected to post quarterly earnings per share of $N/A. This is the current consensus figure provided by Zacks. Investors and analysts will be looking for the company to next post earnings on or around N/A. Micron Technology, Inc. (NASDAQ:MU) most recently reported quarterly EPS of $N/A for the quarter ending N/A. The gap between the actual and the projected estimate leading up to earnings created a surprise factor of N/A%.

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