Southwest Gas Holdings Inc (SWX) went up 3.19% yesterday: Is this the Most Sought-After Stock Today?

As on Wednesday, Southwest Gas Holdings Inc (NYSE: SWX) got off with the flyer as it spiked 3.19% to $74.95, before settling in for the price of $72.63 at the close. Taking a more long-term approach, SWX posted a 52-week range of $53.79-$74.50.

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In the past 5-years timespan, the Utilities sector firm’s annual sales growth was 13.99%. Meanwhile, its Annual Earning per share during the time was -10.42%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 49.79%. This publicly-traded company’s shares outstanding now amounts to $71.56 million, simultaneously with a float of $71.18 million. The organization now has a market capitalization sitting at $5.37 billion. At the time of writing, stock’s 50-day Moving Average stood at $64.91, while the 200-day Moving Average is $62.83.

Southwest Gas Holdings Inc (SWX) Ownership Facts and Figures

Another important factor to analyze is how key investors are playing towards the stock of the Utilities – Regulated Gas industry. Southwest Gas Holdings Inc’s current insider ownership accounts for 0.59%, in contrast to 93.01% institutional ownership. According to the most recent insider trade that took place on Dec 27 ’23, this organization’s CEO/Centuri Group, Inc. sold 1,000 shares at the rate of 63.80, making the entire transaction reach 63,797 in total value, affecting insider ownership by 58,377. Preceding that transaction, on Sep 27 ’23, Company’s 10% Owner bought 1,400 for 62.00, making the whole transaction’s value amount to 86,800. This particular insider is now the holder of 11,022,604 in total.

Southwest Gas Holdings Inc (SWX) Earnings and Revenue Records

If we go through the results of last quarter, which was made public on 12/30/2023, the company posted $1.13 earnings per share (EPS) for the quarter, besting the agreed prediction (set at $1.12) by $0.01. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.37 per share during the current fiscal year.

Southwest Gas Holdings Inc’s EPS increase for this current 12-month fiscal period is 49.79% and is forecasted to reach 3.81 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 4.00% through the next 5 years, which can be compared against the -10.42% growth it accomplished over the previous five years trading on the market.

Southwest Gas Holdings Inc (NYSE: SWX) Trading Performance Indicators

Let’s observe the current performance indicators for Southwest Gas Holdings Inc (SWX). It’s Quick Ratio in the last reported quarter now stands at 0.74. The Stock has managed to achieve an average true range (ATR) of 1.53. Alongside those numbers, its PE Ratio stands at $35.16, and its Beta score is 0.35. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.99.

In the same vein, SWX’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 2.13, a figure that is expected to reach 1.42 in the next quarter, and analysts are predicting that it will be 3.81 at the market close of one year from today.

Technical Analysis of Southwest Gas Holdings Inc (SWX)

Through scrutinizing the latest numbers posted by the [Southwest Gas Holdings Inc, SWX], it can be observed that its last 5-days Average volume of 0.38 million was lower the volume of 0.47 million, it posted the year before. During the previous 9 days, stock’s Stochastic %D was recorded 85.33% While, its Average True Range was 1.48.

Raw Stochastic average of Southwest Gas Holdings Inc (SWX) in the period of the previous 100 days is set at 99.78%, which indicates a major rise in contrast to 99.24% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 20.27% that was lower than 27.40% volatility it exhibited in the past 100-days period.