Southern Company [SO] stock is trading at $81.63, up 0.63%. An important factor to consider is whether the stock is rising or falling in short-term value. The SO shares have gain 4.07% over the last week, with a monthly amount glided 3.79%, 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.
Southern Company [SO] stock has fluctuated between $61.56 and $81.19 over the past year. Currently, Wall Street analysts expect the stock to reach $75.27 within the next 12 months. Southern Company [NYSE: SO] shares were valued at $81.63 at the most recent close of the market. An investor can expect a potential drop of -7.79% based on the average SO price forecast.
Analyzing the SO fundamentals
Southern Company [NYSE:SO] reported sales of 25.42B for the trailing twelve months, which represents a growth of 2.56%. Gross Profit Margin for this corporation currently stands at 0.44% with Operating Profit Margin at 0.25%, Pretax Profit Margin comes in at 0.19%, and Net Profit Margin reading is 0.17%. To continue investigating profitability, this company’s Return on Assets is posted at 0.03, Equity is 0.14 and Total Capital is 0.05. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of2.0.
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 80.93 points at the first support level, and at 80.22 for the second support level. However, for the 1st resistance point, the stock is sitting at 82.59, and for the 2nd resistance point, it is at 83.54.
Ratios To Look Out For
For context, Southern Company’s Current Ratio is 0.92. On the other hand, the Quick Ratio is 0.63, and the Cash Ratio is 0.07. Considering the valuation of this stock, the price to sales ratio is 3.51, the price to book ratio is 2.80 and price to earnings (TTM) ratio is 21.11.
Transactions by insiders
Recent insider trading involved Wilson Anthony L, President & CEO, MPC, that happened on Jul 05 ’24 when 6900.0 shares were sold. EVP, CHRO, Drake Sloane N completed a deal on Jul 03 ’24 to sell 12000.0 shares. Meanwhile, Chairman, President & CEO, GPC Greene Kimberly S, sold 10874.0 shares on May 02 ’24.
