Spectra Energy (NYSE: SE) shares currently have a dividend yield of 4.20%. Spectra Energy Corp, through its subsidiaries, owns and operates a portfolio of natural gas-related energy assets in North America. The company's U.S. The company has a P/E ratio of 20.24. Currently there are 5 analysts that rate Spectra Energy a buy, no analysts rate it a sell, and 6 rate it a hold. The average volume for Spectra Energy has been 5,483,900 shares per day over the past 30 days. Spectra Energy has a market cap of $19.3 billion and is part of the energy industry. Shares are up 5% year to date as of the close of trading on Monday. TheStreet Ratings rates Spectra Energy as a buy. Among the primary strengths of the company is its expanding profit margins over time. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Highlights from the ratings report include:
- 40.80% is the gross profit margin for SPECTRA ENERGY CORP which we consider to be strong. Regardless of SE's high profit margin, it has managed to decrease from the same period last year. Despite the mixed results of the gross profit margin, SE's net profit margin of 15.81% compares favorably to the industry average.
- SPECTRA ENERGY CORP's earnings per share declined by 27.3% in the most recent quarter compared to the same quarter a year ago. The company has suffered a declining pattern of earnings per share over the past two years. However, we anticipate this trend to reverse over the coming year. During the past fiscal year, SPECTRA ENERGY CORP reported lower earnings of $1.43 versus $1.78 in the prior year. This year, the market expects an improvement in earnings ($1.52 versus $1.43).
- SE, with its decline in revenue, slightly underperformed the industry average of 3.0%. Since the same quarter one year prior, revenues slightly dropped by 5.7%. Weakness in the company's revenue seems to have hurt the bottom line, decreasing earnings per share.
- The share price of SPECTRA ENERGY CORP has not done very well: it is down 9.86% and has underperformed the S&P 500, in part reflecting the company's sharply declining earnings per share when compared to the year-earlier quarter. Turning toward the future, the fact that the stock has come down in price over the past year should not necessarily be interpreted as a negative; it is one of the factors that makes this stock an attractive investment.
- Net operating cash flow has declined marginally to $484.00 million or 3.00% when compared to the same quarter last year. In addition, when comparing the cash generation rate to the industry average, the firm's growth is significantly lower.
- You can view the full Spectra Energy Ratings Report.
- Our dividend calendar.
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