Southern Company [SO] stock prices are up 3.00% to $69.80 at the moment. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The SO shares have gain 0.04% over the last week, with a monthly amount glided 0.55%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Southern Company [NYSE: SO] stock has seen the most recent analyst activity on April 04, 2024, when UBS downgraded its rating to a Neutral. Previously, BMO Capital Markets upgraded its rating to Outperform on January 11, 2024, and elevated its price target to $77. On December 08, 2023, Citigroup initiated with a Buy rating and assigned a price target of $82 on the stock. Scotiabank downgraded its rating to a Sector Perform but stick to its price target of $78 on November 03, 2023. Scotiabank upgraded its rating to a Sector Outperform but $78 remained the price target by the analyst firm on October 16, 2023. BofA Securities upgraded its rating to Neutral for this stock on September 13, 2023. In a note dated August 23, 2023, Barclays initiated an Equal Weight rating and provided a target price of $68 on this stock.
The stock price of Southern Company [SO] has been fluctuating between $61.56 and $75.80 over the past year. Currently, Wall Street analysts expect the stock to reach $73.45 within the next 12 months. Southern Company [NYSE: SO] shares were valued at $69.80 at the most recent close of the market. An investor can expect a potential return of 5.23% based on the average SO price forecast.
Analyzing the SO fundamentals
The Southern Company [NYSE:SO] reported sales of 25.25B for trailing twelve months, representing 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. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 2.02.
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 68.55 points at the first support level, and at 67.31 for the second support level. However, for the 1st resistance point, the stock is sitting at 70.51, and for the 2nd resistance point, it is at 71.23.
Ratios To Look Out For
It’s worth pointing out that Southern Company [NYSE:SO]’s Current Ratio is 0.77. As well, the Quick Ratio is 0.53, while the Cash Ratio is 0.06. Considering the valuation of this stock, the price to sales ratio is 3.02, the price to book ratio is 2.44 and price to earnings (TTM) ratio is 19.25.
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.
