The price-to-earnings ratio for Southern Company (NYSE: SO) is above average at 21.58x, Company’s 36-month beta value is 0.51.Analysts have differing opinions on the stock, with 4 analysts rating it as a “buy,” 1 as “overweight,” 8 as “hold,” and 2 as “sell.”
The public float for SO is 1.09B, and currently, short sellers hold a 1.61% ratio of that floaft. The average trading volume of SO on September 24, 2024 was 4.11M shares.
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SO) stock’s latest price update
Southern Company (NYSE: SO) has seen a rise in its stock price by 0.91 in relation to its previous close of 89.70. However, the company has experienced a 0.70% gain in its stock price over the last five trading sessions. businesswire.com reported 2024-09-23 that ROSEMEAD, Calif.–(BUSINESS WIRE)–The board of directors of Edison International (NYSE: EIX) today declared a quarterly common stock dividend of $0.78 per share, payable on Oct. 31, 2024, to shareholders of record on Oct. 7, 2024. Additionally, the board of directors of Southern California Edison today declared the following dividends, payable Dec. 15, 2024, to shareholders of record on Dec. 13, 2024: Series G preference stock, which would result in a distribution of $0.31875 per security on S.
SO’s Market Performance
Southern Company (SO) has seen a 0.70% rise in stock performance for the week, with a 4.76% gain in the past month and a 14.09% surge in the past quarter. The volatility ratio for the week is 1.30%, and the volatility levels for the past 30 days are at 1.39% for SO. The simple moving average for the past 20 days is 2.57% for SO’s stock, with a 19.21% simple moving average for the past 200 days.
Analysts’ Opinion of SO
Many brokerage firms have already submitted their reports for SO stocks, with Jefferies repeating the rating for SO by listing it as a “Hold.” The predicted price for SO in the upcoming period, according to Jefferies is $94 based on the research report published on September 20, 2024 of the current year 2024.
Mizuho, on the other hand, stated in their research note that they expect to see SO reach a price target of $90. The rating they have provided for SO stocks is “Neutral” according to the report published on September 16th, 2024.
SO Trading at 5.17% 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 able to rebound, for now settling with 0.20% of gains for the given period.
Volatility was left at 1.39%, however, over the last 30 days, the volatility rate increased by 1.30%, as shares surge +5.11% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +13.16% upper at present.
During the last 5 trading sessions, SO rose by +0.70%, which changed the moving average for the period of 200-days by +27.62% in comparison to the 20-day moving average, which settled at $88.47. In addition, Southern Company saw 29.09% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at SO starting from Anderson Bryan D, who sale 6,565 shares at the price of $89.54 back on Sep 06 ’24. After this action, Anderson Bryan D now owns 44,467 shares of Southern Company, valued at $587,830 using the latest closing price.
Anderson Bryan D, the Officer of Southern Company, proposed sale 6,565 shares at $89.54 during a trade that took place back on Sep 06 ’24, which means that Anderson Bryan D is holding shares at $587,830 based on the most recent closing price.
Stock Fundamentals for SO
Current profitability levels for the company are sitting at:
- 0.26 for the present operating margin
- 0.41 for the gross margin
The net margin for Southern Company stands at 0.18. The total capital return value is set at 0.05. Equity return is now at value 14.60, with 3.30 for asset returns.
Based on Southern Company (SO), the company’s capital structure generated 0.66 points at debt to capital in total, while cash flow to debt ratio is standing at 0.13. The debt to equity ratio resting at 1.98. The interest coverage ratio of the stock is 2.64.
Currently, EBITDA for the company is 11.51 billion with net debt to EBITDA at 5.2. When we switch over and look at the enterprise to sales, we see a ratio of 6.25. The receivables turnover for the company is 6.11for 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 0.91.
Conclusion
In a nutshell, Southern Company (SO) has experienced a better performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
