Southern Company (SO) is gearing up for another turning point as it hit the volume of 3.48 million

A new trading day began on Tuesday, with Southern Company (NYSE: SO) stock price up 1.03% from the previous day of trading, before settling in for the closing price of $88.42. SO’s price has ranged from $65.80 to $94.45 over the past 52 weeks.

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During the last 5-year period, the sales growth of Utilities Sector giant was 2.46%. Meanwhile, its annual earnings per share averaged 10.63%. With a float of $1.09 billion, this company’s outstanding shares have now reached $1.10 billion.

Let’s determine the extent of company efficiency that accounts for 28100 employees. In terms of profitability, gross margin is 41.05%, operating margin of 27.12%, and the pretax margin is 20.75%.

Southern Company (SO) Insider Activity

As we move forward, let’s examine how large-scale investors are investing in this stock of the Utilities – Regulated Electric Industry. The insider ownership of Southern Company is 0.19%, while institutional ownership is 68.49%. The most recent insider transaction that took place on Nov 04 ’24, was worth 70,212. In this transaction EVP, Chief Legal Officer & CCO of this company sold 793 shares at a rate of $88.54, taking the stock ownership to the 11,707 shares. Before that another transaction happened on Nov 04 ’24, when Company’s Officer proposed sale 793 for $88.54, making the entire transaction worth $70,212.

Southern Company (SO) Earnings and Forecasts

According to the Wall Street analysts, stocks earnings will be around 10.63% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 6.25% during the next five years compared to 10.78% growth over the previous five years of trading.

Southern Company (NYSE: SO) Trading Performance Indicators

Here are Southern Company’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 0.63. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.70. Likewise, its price to free cash flow for the trailing twelve months is 1340.79.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 4.29, a number that is poised to hit 0.53 in the next quarter and is forecasted to reach 4.32 in one year’s time.

Technical Analysis of Southern Company (SO)

Looking closely at Southern Company (NYSE: SO), its last 5-days average volume was 4.53 million, which is a jump from its year-to-date volume of 4.44 million. As of the previous 9 days, the stock’s Stochastic %D was 79.17%. Additionally, its Average True Range was 1.29.

During the past 100 days, Southern Company’s (SO) raw stochastic average was set at 69.41%, which indicates a significant decrease from 99.00% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 13.01% in the past 14 days, which was lower than the 16.73% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $89.70, while its 200-day Moving Average is $80.57. However, in the short run, Southern Company’s stock first resistance to watch stands at $89.75. Second resistance stands at $90.16. The third major resistance level sits at $90.97. If the price goes on to break the first support level at $88.53, it is likely to go to the next support level at $87.72. Should the price break the second support level, the third support level stands at $87.31.

Southern Company (NYSE: SO) Key Stats

With a market capitalization of 97.88 billion, the company has a total of 1,095,684K Shares Outstanding. Currently, annual sales are 25,253 M while annual income is 3,976 M. The company’s previous quarter sales were 7,274 M while its latest quarter income was 1,535 M.