A major move is in the offing as Southern Company (SO) market cap hits 90.98 billion

Southern Company (NYSE: SO) kicked off on Friday, down -0.20% from the previous trading day, before settling in for the closing price of $83.37. Over the past 52 weeks, SO has traded in a range of $65.80-$94.45.

Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.

Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!

Get the FREE Report with all the details here.


Sponsored

During the last 5-year period, the sales growth of Utilities Sector giant was 2.46%. While this was happening, its average annual earnings per share was recorded 10.66%. 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

Our next focus will be how large-scale investors are participating in this stock of the Utilities – Regulated Electric Industry. The insider ownership of Southern Company is 0.19%, while institutional ownership is 68.46%. 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) Earnings and Forecasts

According to the Wall Street analysts, stocks earnings will be around 10.66% 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

Take a look at Southern Company’s (SO) current performance indicators. Last quarter, 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 3.44. Likewise, its price to free cash flow for the trailing twelve months is 1246.23.

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 3.56 million, which is a drop from its year-to-date volume of 4.41 million. As of the previous 9 days, the stock’s Stochastic %D was 5.93%. Additionally, its Average True Range was 1.28.

During the past 100 days, Southern Company’s (SO) raw stochastic average was set at 14.35%, which indicates a significant increase from 6.51% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 14.09% in the past 14 days, which was lower than the 17.03% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $88.67, while its 200-day Moving Average is $81.68. However, in the short run, Southern Company’s stock first resistance to watch stands at $83.49. Second resistance stands at $83.78. The third major resistance level sits at $84.17. If the price goes on to break the first support level at $82.81, it is likely to go to the next support level at $82.42. Should the price break the second support level, the third support level stands at $82.13.

Southern Company (NYSE: SO) Key Stats

The company with the Market Capitalisation of 90.98 billion has total of 1,095,684K Shares Outstanding. Its annual sales at the moment are 25,253 M in contrast with the sum of 3,976 M annual income. Company’s last quarter sales were recorded 7,274 M and last quarter income was 1,535 M.