Market Update (NYSE:SRE): SHAREHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders with Losses on their Investment in Sempra Energy of Class Action Lawsuit and Upcoming Deadline – SRE

[PR Newswire] – NEW YORK, March 25, 2016 /PRNewswire/ — Pomerantz LLP announces that a class action lawsuit has been filed against Sempra Energy (“Sempra” or the “Company”)(NYSE: SRE), and certain … Read more on this. Sempra Energy (SRE) , valued at $25.56B, started trading this morning at $101.46. During the trading session, SRE traded between $101.03 to $102.77 with the price of the stock fluctuating between $86.72 to $111.09 over the last 52 weeks. SRE shares are currently priced at 19.93x this year’s forecasted earnings, which makes them relatively expensive compared to the industry’s 16.94x earnings multiple for the same period. And for those looking to make a return holding the stock, the company pays shareholders $3.02 per share annually in dividends, yielding 2.94%. Consensus earnings for the current quarter by the 6 sell-side analysts covering the stock is an estimate of $1.66 per share, which would be $0.05 worse than the year-ago quarter and a $0.22 sequential decrease. Furthermore, our analysis shows the full-year EPS estimate to be $5.11, which would be a $0.10 setback when compared to the last year’s annual results. The quarterly earnings estimate is predicated on a consensus revenue forecast of $2.94 Billion. If reported, that would be a 9.70% increase over the year-ago quarter. In terms of ratings, UBS Initiated SRE at Buy (Apr 14, 2014). Previously, Barclays upgraded SRE from Equal Weight to Overweight. With the above information in mind, readers should note that the average price target is $114.33, which is 12.68% above where the stock opened this morning. See more in (NYSE:SRE) Similar Articles: Company Update: Sempra Energy (NYSE:SRE) – SHAREHOLDER ALERT: Levi & Korsinsky, LLP Reminds Shareholders of Sempra Energy of Commencement of Class Action Lawsuit and a Lead Plaintiff Deadline of May 2, 2016 – SRE Company Update (NYSE:FCX): SHAREHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders With Losses on Their Investment in Freeport-McMoRan Inc. of Class Action Lawsuit and Upcoming Deadline – FCX Market Update (NYSE:BA): SHAREHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders With Losses on Their Investment in The Boeing Company of Class Action Lawsuit and Upcoming Deadline – BA