Southern Company [SO] stock is trading at $71.34, up 0.34%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The SO shares have gain 2.26% over the last week, with a monthly amount glided 6.70%, and seem to be holding up well over a long-time horizon.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
From an analyst’s perspective:
Southern Company [NYSE: SO] stock has seen the most recent analyst activity on January 11, 2024, when BMO Capital Markets upgraded its rating to a Outperform and also boosted its price target to $77 from $72. Previously, Citigroup started tracking the stock with Buy rating on December 08, 2023, and set its price target to $82. On November 03, 2023, downgrade downgraded it’s rating to Sector Perform but maintained its price target of $78 on the stock. Scotiabank upgraded its rating to a Sector Outperform but stick to its price target of $78 on October 16, 2023. BofA Securities upgraded its rating to a Neutral. Barclays started tracking with a Equal Weight rating for this stock on August 23, 2023, and assigned it a price target of $68. In a note dated August 10, 2023, Morgan Stanley upgraded an Equal-Weight rating on this stock and boosted its target price from $60 to $69.
Southern Company [SO] stock has fluctuated between $61.56 and $75.80 over the past year. Currently, Wall Street analysts expect the stock to reach $74.27 within the next 12 months. Southern Company [NYSE: SO] shares were valued at $71.34 at the most recent close of the market. An investor can expect a potential return of 4.11% based on the average SO price forecast.
Analyzing the SO fundamentals
Southern Company [NYSE:SO] reported sales of 25.25B for the trailing twelve months, which represents a drop of -14.23%. Gross Profit Margin for this corporation currently stands at 0.46% with Operating Profit Margin at 0.23%, Pretax Profit Margin comes in at 0.17%, and Net Profit Margin reading is 0.16%. To continue investigating profitability, this company’s Return on Assets is posted at 0.03, Equity is 0.13 and Total Capital is 0.05. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of2.02.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 70.93 points at the first support level, and at 70.51 for the second support level. However, for the 1st resistance point, the stock is sitting at 71.92, and for the 2nd resistance point, it is at 72.49.
Southern Company [SO] reported earnings per share of $0.64 for its fiscal quarter that ended on 12/30/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of $0.6/share, meaning a difference of $0.04 and a surprise factor of 6.70%. By comparison, the stated earnings for the previous quarter ended on 9/29/2023 were $1.42 per share as compared to estimates of $1.32 per share, a difference of $0.1 representing a surprise of 7.60%.
Ratios To Look Out For
For context, Southern Company’s Current Ratio is 0.77. Also, the Quick Ratio is 0.53, while the Cash Ratio stands at 0.06. Considering the valuation of this stock, the price to sales ratio is 3.08, the price to book ratio is 2.49 and price to earnings (TTM) ratio is 19.68.
Transactions by insiders
Recent insider trading involved Kuczynski Stephen E, CEO, Southern Nuclear, that happened on Mar 11 ’24 when 5000.0 shares were sold. EVP & CCCS Officer, Cummiskey Christopher completed a deal on Feb 16 ’24 to sell 902.0 shares. Meanwhile, EVP & CCCS Officer Cummiskey Christopher sold 12985.0 shares on Feb 15 ’24.
