Southern Company (SO) concluded trading on Wednesday at a closing price of $83.25, with 5.05 million shares of worth about $420.13 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 6.13% during that period and on December 11, 2024 the price saw a loss of about -1.35%. Currently the company’s common shares owned by public are about 1.10B shares, out of which, 1.09B shares are available for trading.
Stock saw a price change of -3.03% in past 5 days and over the past one month there was a price change of -5.75%. Year-to-date (YTD), SO shares are showing a performance of 18.73% which increased to 16.66% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $65.80 but also hit the highest price of $94.45 during that period. The average intraday trading volume for Southern Company shares is 4.30 million. The stock is currently trading -4.40% below its 20-day simple moving average (SMA20), while that difference is down -6.45% for SMA50 and it goes to 2.12% higher than SMA200.
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Southern Company (NYSE: SO) currently have 1.10B outstanding shares and institutions hold larger chunk of about 68.46% of that.
The stock has a current market capitalization of $91.22B and its 3Y-monthly beta is at 0.50. PE ratio of stock for trailing 12 months is 19.39, while it has posted earnings per share of $4.29 in the same period. Its PEG reads 3.03 and has Quick Ratio of 0.63 while making debt-to-equity ratio of 1.95. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for SO, volatility over the week remained 1.63% while standing at 1.44% over the month.
Stock’s fiscal year EPS is expected to rise by 10.65% while it is estimated to increase by 6.91% in next year. EPS is likely to shrink at an annualized rate of 6.40% for next 5-years, compared to annual growth of 10.78% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Jefferies on September 20, 2024 offering a Hold rating for the stock and assigned a target price of $94 to it. Coverage by Mizuho stated Southern Company (SO) stock as a Neutral in their note to investors on September 16, 2024, suggesting a price target of $90 for the stock. Stock get an Outperform rating from BMO Capital Markets on January 11, 2024.
