PNM Resources Stock Price and Value Analysis

Should you buy PNM Resources stock? (NYSE:PNM). Let's see how it does in our automated value investing analysis system.

  • This company has a large dividend yield!
  • This company is solid.
  • This company has wild ups and downs.
  • This stock looks overpriced.
  • This company is making money at a modest rate.

Inside the PNM Numbers

PNM Price
(PNM Resources stock price per share)
[?] PNM Fair Price
(based on intrinsic value)
[?] PNM Safety Price (based on a variable margin of safety) $14.92
[?] PE Ratio versus Sector 25% higher than other Utilities stocks
[?] PE Ratio versus Industry 75% higher than other Unknown stocks
[?] Cash Yield 1.21%
[?] Free Cash Flow Jitter 223%
[?] Dividend Yield 3%
Shares Shorted 2,905,860

This stock has short interest! This means that people have shorted it.

Why does that matter? They've made a bet that price will decrease from where they bought it. Maybe there are financial problems, or maybe there's a value play.

As of the latest analysis, there are 2,905,860 shares shorted. With 84,686,403 shares available for purchase and an average trading volume over the past 10 trading days of 648,570, it would take at least 4.48 days for all of the short holders to cover their shorts.

Is PNM Resources Stock on Sale?

We believe that PNM Resources may be worth examining further. It's making money, which is a very positive sign. Is it on sale?

PNM Resources looks overpriced right now. If you're looking for a bargain in the stock market, you should probably look elsewhere for a great deal. This might still be a great stock to own—but it's not on sale right now.

Should You Buy PNM Stock?

Does PNM Resources have a coherent story? Does it have a plan to continue to make money? Is it worth your time? Only you can decide where to go from here. Our investment guide helps you ask the right questions, including how to buy stocks. Use these research links for more information.