Southern Company’s stock (SO) continues to rise above its goal

A share price of Southern Company [SO] is currently trading at $83.04, up 0.22%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The SO shares have gain 1.42% over the last week, with a monthly amount drifted -5.79%, and not 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 September 20, 2024, when Jefferies initiated its Hold rating and assigned the stock a price target of $94. Previously, Mizuho downgraded its rating to Neutral on September 16, 2024, and kept the price target unchanged to $90. On August 02, 2024, downgrade downgraded it’s rating to Peer Perform. UBS downgraded its rating to a Neutral. BMO Capital Markets upgraded its rating to a Outperform and raised its price target to $77 on January 11, 2024. Citigroup started tracking with a Buy rating for this stock on December 08, 2023, and assigned it a price target of $82. In a note dated November 03, 2023, Scotiabank downgraded an Sector Perform rating on this stock but restated the target price of $78.

Southern Company experienced fluctuations in its stock price throughout the past year between $65.80 and $94.45. Currently, Wall Street analysts expect the stock to reach $86.5 within the next 12 months. Southern Company [NYSE: SO] shares were valued at $83.04 at the most recent close of the market. An investor can expect a potential return of 4.17% based on the average SO price forecast.

Analyzing the SO fundamentals

Trailing Twelve Months sales for Southern Company [NYSE:SO] were 26.43B which represents 4.21% growth. Gross Profit Margin for this corporation currently stands at 0.41% with Operating Profit Margin at 0.27%, Pretax Profit Margin comes in at 0.21%, and Net Profit Margin reading is 0.18%. To continue investigating profitability, this company’s Return on Assets is posted at 0.03, Equity is 0.15 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 1.91.

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 82.30 points at the first support level, and at 81.56 for the second support level. However, for the 1st resistance point, the stock is sitting at 83.44, and for the 2nd resistance point, it is at 83.84.

Ratios To Look Out For

To put it in perspective, the Current Ratio for Southern Company [NYSE:SO] is 0.91. In addition, the Quick Ratio stands at 0.63 and the Cash Ratio stands at 0.08. Considering the valuation of this stock, the price to sales ratio is 3.49, the price to book ratio is 2.73 and price to earnings (TTM) ratio is 19.34.

Transactions by insiders

Recent insider trading involved DAVIS MARTIN BERNARD, EVP and CIO, that happened on Dec 05 ’24 when 1170.0 shares were sold. CEO, President and Chairman, WOMACK CHRISTOPHER C completed a deal on Dec 05 ’24 to sell 14000.0 shares. Meanwhile, Officer WOMACK CHRISTOPHER C bought 14000.0 shares on Dec 05 ’24.

Related Posts