Southwest Gas Holdings Inc (NYSE: SWX) has a higher price-to-earnings ratio of 29.00x compared to its average ratio, The 36-month beta value for SWX is at 0.42. Analysts have varying views on the stock, with 2 analysts rating it as a “buy,” 0 rating it as “overweight,” 4 as “hold,” and 0 as “sell.”
The public float for SWX is 61.72M, and currently, shorts hold a 2.60% of that float. The average trading volume for SWX on January 20, 2025 was 309.98K shares.
SWX) stock’s latest price update
The stock of Southwest Gas Holdings Inc (NYSE: SWX) has increased by 1.09 when compared to last closing price of 71.49. Despite this, the company has experienced a 5.63% gain in its stock price over the last five trading sessions. zacks.com reported 2024-12-31 that SWX continues to benefit from its long-term investment plans, customer growth and decoupling rate structure.
SWX’s Market Performance
SWX’s stock has risen by 5.63% in the past week, with a monthly rise of 0.10% and a quarterly drop of -5.64%. The volatility ratio for the week is 1.98% while the volatility levels for the last 30 days are 2.28% for Southwest Gas Holdings Inc The simple moving average for the last 20 days is 3.02% for SWX stock, with a simple moving average of -1.81% for the last 200 days.
Analysts’ Opinion of SWX
Many brokerage firms have already submitted their reports for SWX stocks, with Jefferies repeating the rating for SWX by listing it as a “Hold.” The predicted price for SWX in the upcoming period, according to Jefferies is $73 based on the research report published on January 14, 2025 of the current year 2025.
BofA Securities, on the other hand, stated in their research note that they expect to see SWX reach a price target of $73. The rating they have provided for SWX stocks is “Underperform” according to the report published on December 13th, 2024.
Wells Fargo gave a rating of “Equal Weight” to SWX, setting the target price at $77 in the report published on May 13th of the previous year.
SWX Trading at -1.93% from the 50-Day Moving Average
After a stumble in the market that brought SWX to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -9.98% of loss for the given period.
Volatility was left at 2.28%, however, over the last 30 days, the volatility rate increased by 1.98%, as shares surge +2.03% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +0.60% upper at present.
During the last 5 trading sessions, SWX rose by +5.63%, which changed the moving average for the period of 200-days by -5.07% in comparison to the 20-day moving average, which settled at $70.15. In addition, Southwest Gas Holdings Inc saw 2.21% 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 SWX starting from ICAHN CARL C, who sale 1,390,000 shares at the price of $76.74 back on Nov 19 ’24. After this action, ICAHN CARL C now owns 9,632,604 shares of Southwest Gas Holdings Inc, valued at $106,668,600 using the latest closing price.
Icahn Partners LP, the Stockholder of Southwest Gas Holdings Inc, proposed sale 1,390,000 shares at $76.74 during a trade that took place back on Nov 19 ’24, which means that Icahn Partners LP is holding shares at $106,668,600 based on the most recent closing price.
Stock Fundamentals for SWX
Current profitability levels for the company are sitting at:
- 0.08 for the present operating margin
- 0.15 for the gross margin
The net margin for Southwest Gas Holdings Inc stands at 0.03. The total capital return value is set at 0.04. Equity return is now at value 5.35, with 1.51 for asset returns.
Based on Southwest Gas Holdings Inc (SWX), the company’s capital structure generated 0.01 points at debt to capital in total, while cash flow to debt ratio is standing at 48.41. The debt to equity ratio resting at 0.01. The interest coverage ratio of the stock is 1.49.
Currently, EBITDA for the company is 930.54 million with net debt to EBITDA at -0.47. When we switch over and look at the enterprise to sales, we see a ratio of 0.91. The receivables turnover for the company is 7.15for trailing twelve months and the total asset turnover is 0.44. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.85.
Conclusion
In conclusion, Southwest Gas Holdings Inc (SWX) has had a better performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
