The stock of Southern Company (SO) has gone down by -2.55% for the week, with a 1.94% rise in the past month and a -2.51% drop in the past quarter. The volatility ratio for the week is 1.64%, and the volatility levels for the past 30 days are 1.41% for SO. The simple moving average for the last 20 days is -0.17% for SO stock, with a simple moving average of 1.11% for the last 200 days.
Is It Worth Investing in Southern Company (NYSE: SO) Right Now?
Southern Company (NYSE: SO) has a price-to-earnings ratio of 19.28x that is above its average ratio. Additionally, the 36-month beta value for SO is 0.49. There are mixed opinions on the stock, with 4 analysts rating it as a “buy,” 1 rating it as “overweight,” 8 rating it as “hold,” and 2 rating it as “sell.”
The public float for SO is 1.09B and currently, short sellers hold a 1.47% ratio of that float. The average trading volume of SO on April 08, 2024 was 4.59M shares.
SO) stock’s latest price update
The stock of Southern Company (NYSE: SO) has decreased by -0.20 when compared to last closing price of 70.05. Despite this, the company has experienced a -2.55% fall in its stock price over the last five trading sessions. Seeking Alpha reported 2024-04-02 that 12 expected dividend increases in April 2024. Dividend growth is crucial for reaching financial freedom and combating high inflation.
Analysts’ Opinion of SO
BMO Capital Markets, on the other hand, stated in their research note that they expect to see SO reach a price target of $77, previously predicting the price at $72. The rating they have provided for SO stocks is “Outperform” according to the report published on January 11th, 2024.
Citigroup gave a rating of “Buy” to SO, setting the target price at $82 in the report published on December 08th of the previous year.
SO Trading at 1.77% from the 50-Day Moving Average
After a stumble in the market that brought SO to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -7.77% of loss for the given period.
Volatility was left at 1.41%, however, over the last 30 days, the volatility rate increased by 1.64%, as shares surge +0.95% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +2.51% upper at present.
During the last 5 trading sessions, SO fell by -2.55%, which changed the moving average for the period of 200-days by -0.61% in comparison to the 20-day moving average, which settled at $70.07. In addition, Southern Company saw -0.30% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at SO starting from Kuczynski Stephen E, who sale 5,000 shares at the price of $68.92 back on Mar 11 ’24. After this action, Kuczynski Stephen E now owns 126,528 shares of Southern Company, valued at $344,600 using the latest closing price.
Cummiskey Christopher, the EVP & CCCS Officer of Southern Company, sale 902 shares at $65.99 during a trade that took place back on Feb 16 ’24, which means that Cummiskey Christopher is holding 22,502 shares at $59,523 based on the most recent closing price.
Stock Fundamentals for SO
Current profitability levels for the company are sitting at:
- 0.23 for the present operating margin
- 0.46 for the gross margin
The net margin for Southern Company stands at 0.16. The total capital return value is set at 0.05. Equity return is now at value 12.86, with 2.90 for asset returns.
Based on Southern Company (SO), the company’s capital structure generated 0.67 points at debt to capital in total, while cash flow to debt ratio is standing at 0.12. The debt to equity ratio resting at 2.02. The interest coverage ratio of the stock is 2.38.
Currently, EBITDA for the company is 11.51 billion with net debt to EBITDA at 5.47. When we switch over and look at the enterprise to sales, we see a ratio of 5.5. The receivables turnover for the company is 6.37for trailing twelve months and the total asset turnover is 0.18. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.77.
Conclusion
In conclusion, Southern Company (SO) has seen mixed performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
