Witnessing the stock’s movement on the chart, on Thursday, Southern Company (NYSE: SO) had a quiet start as it plunged -0.27% to $69.58, before settling in for the price of $69.77 at the close. Taking a more long-term approach, SO posted a 52-week range of $61.56-$75.80.
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It was noted that the giant of the Utilities sector posted annual sales growth of 2.46% over the last 5 years. Meanwhile, its Annual Earning per share during the time was 10.78%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 10.08%. This publicly-traded company’s shares outstanding now amounts to $1.10 billion, simultaneously with a float of $1.09 billion. The organization now has a market capitalization sitting at $75.91 billion. At the time of writing, stock’s 50-day Moving Average stood at $68.79, while the 200-day Moving Average is $69.12.
Southern Company (SO) Ownership Facts and Figures
Nothing is more important than checking the behaviour of major investors towards the stock of the Utilities – Regulated Electric industry. Southern Company’s current insider ownership accounts for 0.22%, in contrast to 64.93% institutional ownership. According to the most recent insider trade that took place on Mar 11 ’24, this organization’s CEO, Southern Nuclear sold 5,000 shares at the rate of 68.92, making the entire transaction reach 344,600 in total value, affecting insider ownership by 126,528. Preceding that transaction, on Feb 16 ’24, Company’s EVP & CCCS Officer sold 902 for 65.99, making the whole transaction’s value amount to 59,523. This particular insider is now the holder of 22,502 in total.
Southern Company (SO) Earnings and Revenue Records
As on 12/30/2023, Multinational firm has announced its last quarter scores, in which it reported $0.64 earnings per share (EPS) for the period topping the consensus outlook (set at $0.6) by $0.04. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.91 per share during the current fiscal year.
Southern Company’s EPS increase for this current 12-month fiscal period is 10.08% and is forecasted to reach 4.32 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 7.30% through the next 5 years, which can be compared against the 10.78% growth it accomplished over the previous five years trading on the market.
Southern Company (NYSE: SO) Trading Performance Indicators
Let’s observe the current performance indicators for Southern Company (SO). It’s Quick Ratio in the last reported quarter now stands at 0.53. The Stock has managed to achieve an average true range (ATR) of 1.08. Alongside those numbers, its PE Ratio stands at $19.19, and its Beta score is 0.49. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 3.01.
In the same vein, SO’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 3.63, a figure that is expected to reach 0.90 in the next quarter, and analysts are predicting that it will be 4.32 at the market close of one year from today.
Technical Analysis of Southern Company (SO)
Going through the that latest performance of [Southern Company, SO]. Its last 5-days volume of 5.05 million indicated improvement to the volume of 4.62 million it revealed a year ago. During the previous 9 days, stock’s Stochastic %D was recorded 31.53% While, its Average True Range was 1.09.
Raw Stochastic average of Southern Company (SO) in the period of the previous 100 days is set at 49.61%, which indicates a major rise in contrast to 19.87% 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 15.23% that was lower than 16.94% volatility it exhibited in the past 100-days period.
