Southern Company (SO) concluded trading on Wednesday at a closing price of $83.02, with 7.81 million shares of worth about $648.17 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 5.84% during that period and on January 08, 2025 the price saw a gain of about 2.38%. 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 0.85% in past 5 days and over the past one month there was a price change of -2.11%. Year-to-date (YTD), SO shares are showing a performance of 0.85% which increased to 15.05% 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 4.05 million. The stock is currently trading 0.52% above its 20-day simple moving average (SMA20), while that difference is down -3.29% for SMA50 and it goes to 0.34% higher than SMA200.
Southern Company (NYSE: SO) currently have 1.10B outstanding shares and institutions hold larger chunk of about 68.43% of that.
The stock has a current market capitalization of $90.96B and its 3Y-monthly beta is at 0.52. PE ratio of stock for trailing 12 months is 19.34, while it has posted earnings per share of $4.29 in the same period. Its PEG reads 3.02 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 1.69% while standing at 1.54% over the month.
Stock’s fiscal year EPS is expected to rise by 10.70% while it is estimated to increase by 6.90% 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.
