Sempra's Stock Performance: A Mixed Bag

Sempra, a leading energy infrastructure company, has seen mixed performance in its stock. Despite a recent dip, SRE has gained over ten percent in the past three months, outpacing the Utilities Select Sector SPDR Fund. Sempras year-to-date performance shows a four percent rise, but it has dipped over the past fifty-two weeks. The company has been trading above its moving averages since late April and July, indicating a positive trend. Sempras third-quarter results, with adjusted earnings per share surpassing expectations and revenue growing by thirteen percent, have boosted analyst optimism. Wall Street analysts currently rate Sempra as a Moderate Buy with a potential upside of over ten percent.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.