SM Energy: A Hold Recommendation with a 38.5% Increase in Earnings Estimates

SM Energy (SM) has returned +35.1% over the past month, outperforming the Zacks S&P 500 composite's -4.7% change. The company's independent oil and gas operations have contributed to its growth. With a Zacks Rank #3 (Hold), analysts' earnings estimate revisions indicate a change of -46.6% for the current quarter and +38.5% for the next fiscal year.