Southern Company (SO) recent activity suggests a positive outlook with the last week’s performance of -4.85%

Southern Company (NYSE: SO) on Friday, plunged -1.60% from the previous trading day, before settling in for the closing price of $86.19. Within the past 52 weeks, SO’s price has moved between $65.80 and $94.45.

A company in the Utilities sector has jumped its sales by 2.46% annually for the last half of the decade. The company achieved an average annual earnings per share of 10.63%. With a float of $1.09 billion, this company’s outstanding shares have now reached $1.10 billion.

In an organization with 28100 employees, it is important to assess its efficiency. 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 and Institutional Ownership

Observing investor behavior towards Utilities – Regulated Electric industry stocks is more important than anything else. The insider ownership of Southern Company is 0.19%, while institutional ownership is 68.47%. The most recent insider transaction that took place on Dec 05 ’24, was worth 100,503. In this transaction EVP and CIO of this company sold 1,170 shares at a rate of $85.90, taking the stock ownership to the 88,393 shares. Before that another transaction happened on Dec 05 ’24, when Company’s CEO, President and Chairman sold 14,000 for $86.18, making the entire transaction worth $1,206,520. This insider now owns 73,911 shares in total.

Southern Company (SO) Latest Financial update

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 6.40% during the next five years compared to 10.78% growth over the previous five years of trading.

Southern Company (NYSE: SO) Trading Performance Indicators

Southern Company (SO) is currently performing well based on its current performance indicators. A quick ratio of 0.63 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.46. Likewise, its price to free cash flow for the trailing twelve months is 1252.56.

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)

Let’s dig in a bit further. During the last 5-days, its volume was 4.27 million. That was inferior than the volume of 4.43 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 9.12%. Additionally, its Average True Range was 1.34.

During the past 100 days, Southern Company’s (SO) raw stochastic average was set at 28.11%, which indicates a significant increase from 5.41% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 13.76% in the past 14 days, which was lower than the 17.11% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $89.37, while its 200-day Moving Average is $81.26. However, in the short run, Southern Company’s stock first resistance to watch stands at $86.00. Second resistance stands at $87.19. The third major resistance level sits at $87.94. If the price goes on to break the first support level at $84.06, it is likely to go to the next support level at $83.31. The third support level lies at $82.12 if the price breaches the second support level.

Southern Company (NYSE: SO) Key Stats

Market capitalization of the company is 91.44 billion based on 1,095,684K outstanding shares. Right now, sales total 25,253 M and income totals 3,976 M. The company made 7,274 M in profit during its latest quarter, and 1,535 M in sales during its previous quarter.