Southern Company [SO] stock prices are up 0.22% to $82.05 at the moment. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The SO shares have gain 1.35% over the last week, with a monthly amount drifted -1.44%, and not seem to be holding up well over a long-time horizon.
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.
The stock price of Southern Company [SO] has been fluctuating between $65.80 and $94.45 over the past year. Currently, Wall Street analysts expect the stock to reach $86.5 within the next 12 months. Southern Company [NYSE: SO] shares were valued at $82.05 at the most recent close of the market. An investor can expect a potential return of 5.42% based on the average SO price forecast.
Analyzing the SO fundamentals
The Southern Company [NYSE:SO] reported sales of 26.43B for trailing twelve months, representing a surge of 4.21%. 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 1.95.
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 81.56 points at the first support level, and at 81.07 for the second support level. However, for the 1st resistance point, the stock is sitting at 82.39, and for the 2nd resistance point, it is at 82.72.
Ratios To Look Out For
It’s worth pointing out that Southern Company [NYSE:SO]’s Current Ratio is 0.91. Further, the Quick Ratio stands at 0.63, while the Cash Ratio is 0.08. Considering the valuation of this stock, the price to sales ratio is 3.40, the price to book ratio is 2.70 and price to earnings (TTM) ratio is 19.11.
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.
