Over the past three months, The Southern Company [SO] ended the trading day at $53.10 and exhibited a change of 0.09% with a 24 hour trading and reached upto the volume of 3.94M compared to its recorded trading volume of 0.9 million. SO generated a 1 year amount change with -14.06%. Though for Principal markets a year is counted as a long time period. By having a look at the most recent performance of this stock, in the last week its amount moved by -0.88% with an amount shift of 1.22% over the last month.
Analyst Birdseye View:
The most recent analyst activity for The Southern Company [NYSE:SO] stock was on September 10, 2020, when it was Downgrade with an Underperform rating from Mizuho, which also lowered its 12-month price target on the stock from $53 to $48. Before that, on September 21, 2020, Barclays Recapitulated an Overweight rating and elevated its amount target to $61. On May 20, 2020, Seaport Global Securities Initiated a Buy rating and boosted its price target on this stock to $60. On May 04, 2020, Credit Suisse Upgrade a Neutral rating and increased its price target from $60 to $61. On April 13, 2020, Argus Upgrade a Buy rating and increased its price target to $66. On January 17, 2020, KeyBanc Capital Markets Upgrade an Overweight rating and boosted its amount on this stock to $71. On February 22, 2019, Evercore ISI Upgrade an In-line rating.
In the past 52 weeks of trading, this stock has oscillated between a low of $41.96 and a peak of $71.10. Right now, according to Wall Street analyst the average 12-month amount target is $59.44. At the most recent market close, shares of The Southern Company [NYSE:SO] were valued at $53.10. According to the average price forecast, investors can expect a potential return of -0.9%.
The Southern Company [NYSE:SO] most recently reported quarterly sales of 4.61 billion, which represented growth of -9.40%. This publicly-traded organization’s revenue is $758,473 per employee, while its income is $170,132 per employee. This company’s Gross Margin is currently 89.20%, its Operating Margin is 23.70%, its Pretax Margin is +30.87, and its Net Margin is +22.43. Continuing to look at profitability, this corporation’s Return on Assets, Equity, Whole Principal & invested Principal is sitting at 4.04, 18.00, 6.56 and 6.94 respectively.
The Principal structure of this organization shows its whole liability to whole principal at 63.66 and the whole liability to whole assets at 41.02. It shows enduring liability to the whole principal at 56.76 and enduring liability to assets at 0.37 while looking for an extended time period.
Readers are usually of view to make a close observation to the indicators that support and make resistance before moving to any particular stock. As of now, the company’s stock is sitting at 52.31 points at 1st support level, the second support level is making up to 51.57. But as of 1st resistance point, this stock is sitting at 53.49 and at 53.93 for 2nd resistance point.
The Southern Company [SO] reported its earnings at $0.78 per share in the fiscal quarter closing of 6/29/2020. The Analysts for Wall Street were expecting to report its earnings at $0.67/share signifying the difference of 0.11 and 16.40% surprise value. Comparing the previous quarter ending of 3/30/2020, the stated earnings were $0.78 calling estimates for $0.71/share with the difference of 0.07 depicting the surprise of 9.90%.
Important Ratio’s To Watch
Meanwhile, turning our focus to liquidity, the Current Ratio for The Southern Company [NYSE:SO] is 1.00. Likewise, the Quick ratio is also the same, showing Cash ratio at 0.16. Now if looking for a valuation of this stock’s amount to sales ratio it’s 3.17, it’s amount to book ratio is 2.55 and showing 17.40 of P/E (TTM) ratio.
Shifting our attention to insider trading activity, in the last 3 months, 4 insider sales representing 15,291 shares. The most recent insider trade was by GRAIN DAVID J, Director, and it was the sale of 10291.0 shares on Sep 08. Wilson Anthony L, the Pres & CEO, Mississippi Power, completed a purchase of 1805.0 shares on Aug 12. On Aug 10, Kuczynski Stephen E, Pres. & CEO, Southern Nuclear, completed a sale of 2500.0 shares.