A major move is in the offing as Southern Company (SO) market cap hits 92.00 billion

On Monday, Southern Company (NYSE: SO) opened higher 0.02% from the last session, before settling in for the closing price of $83.95. Price fluctuations for SO have 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 5.64%. Company’s average yearly earnings per share was noted 10.86% at the time writing. 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 40.92%, operating margin of 27.12%, and the pretax margin is 20.75%.

Southern Company (SO) Insider Activity

A key investor’s attitude towards the stock of the Utilities – Regulated Electric industry is another important factor to consider. The insider ownership of Southern Company is 0.20%, while institutional ownership is 68.42%. 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

Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.15 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 10.86% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 8.00% during the next five years compared to 10.78% growth over the previous five years of trading.

Southern Company (NYSE: SO) Trading Performance Indicators

Check out the current performance indicators for Southern Company (SO). In the past quarter, the stock posted a quick ratio of 0.63. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.48. Likewise, its price to free cash flow for the trailing twelve months is 1260.34.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 4.29, a number that is poised to hit 0.51 in the next quarter and is forecasted to reach 4.31 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 5.83 million, which is a jump from its year-to-date volume of 5.3 million. As of the previous 9 days, the stock’s Stochastic %D was 48.60%. Additionally, its Average True Range was 1.69.

During the past 100 days, Southern Company’s (SO) raw stochastic average was set at 25.09%, which indicates a significant decrease from 48.90% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 28.91% in the past 14 days, which was higher than the 18.65% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $84.19, while its 200-day Moving Average is $83.81. However, in the short run, Southern Company’s stock first resistance to watch stands at $84.57. Second resistance stands at $85.16. The third major resistance level sits at $85.95. If the price goes on to break the first support level at $83.19, it is likely to go to the next support level at $82.40. Should the price break the second support level, the third support level stands at $81.81.

Southern Company (NYSE: SO) Key Stats

There are currently 1,095,684K shares outstanding in the company with a market cap of 92.00 billion. Presently, the company’s annual sales total 25,253 M according to its annual income of 3,976 M. Last quarter, the company’s sales amounted to 7,274 M and its income totaled 1,535 M.