The stock price of Southern Company (NYSE: SO) has dropped by -1.53 compared to previous close of 89.13. Despite this, the company has seen a gain of 0.19% in its stock price over the last five trading days. zacks.com reported 2024-12-02 that NEE, SO, VST and EXC have well-chalked-out capital investment plans to upgrade infrastructure and provide efficient service to its customers. The decline in interest rates will reduce the capital servicing costs of these capital-intensive stocks and boost their margins.
Is It Worth Investing in Southern Company (NYSE: SO) Right Now?
The price-to-earnings ratio for Southern Company (NYSE: SO) is above average at 20.45x. The 36-month beta value for SO is also noteworthy at 0.50. There are mixed opinions on the stock, with 5 analysts rating it as a “buy,” 4 rating it as “overweight,” 11 rating it as “hold,” and 1 rating it as “sell.”
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The public float for SO is 1.09B, and at present, short sellers hold a 1.58% of that float. The average trading volume of SO on December 03, 2024 was 4.35M shares.
SO’s Market Performance
The stock of Southern Company (SO) has seen a 0.19% increase in the past week, with a -3.58% drop in the past month, and a -1.28% fall in the past quarter. The volatility ratio for the week is 1.38%, and the volatility levels for the past 30 days are at 1.47% for SO. The simple moving average for the past 20 days is -0.40% for SO’s stock, with a 8.51% 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 -2.13% 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 -7.07% of loss for the given period.
Volatility was left at 1.47%, however, over the last 30 days, the volatility rate increased by 1.38%, as shares sank -0.87% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -2.15% lower at present.
During the last 5 trading sessions, SO rose by +0.19%, which changed the moving average for the period of 200-days by +31.33% in comparison to the 20-day moving average, which settled at $88.13. In addition, Southern Company saw 25.17% 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 Spainhour Sterling A Jr., who sale 793 shares at the price of $88.54 back on Nov 04 ’24. After this action, Spainhour Sterling A Jr. now owns 11,707 shares of Southern Company, valued at $70,212 using the latest closing price.
Spainhour Sterling A Jr., the Officer of Southern Company, proposed sale 793 shares at $88.54 during a trade that took place back on Nov 04 ’24, which means that Spainhour Sterling A Jr. is holding shares at $70,212 based on the most recent closing price.
Stock Fundamentals for SO
Current profitability levels for the company are sitting at:
- 0.27 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 3.35 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 0.15. The debt to equity ratio resting at 1.91. The interest coverage ratio of the stock is 2.67.
Currently, EBITDA for the company is 11.74 billion with net debt to EBITDA at 4.85. When we switch over and look at the enterprise to sales, we see a ratio of 6.06. The receivables turnover for the company is 5.98for 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 summary, Southern Company (SO) has had a mixed performance as of late. Analysts have bullish opinions on the stock, with some viewing it as a “buy” and others 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.
