Currently, there are 71.74M common shares owned by the public and among those 61.72M shares have been available to trade.
The company’s stock has a 5-day price change of 5.63% and -5.64% over the past three months. SWX shares are trading 2.21% year to date (YTD), with the 12-month market performance up to 18.96% higher. It has a 12-month low price of $57.55 and touched a high of $80.29 over the same period. SWX has an average intraday trading volume of 309.98K shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 3.02%, -1.93%, and -1.81% respectively.
Institutional ownership of Southwest Gas Holdings Inc (NYSE: SWX) shares accounts for 76.19% of the company’s 71.74M shares outstanding.
It has a market capitalization of $5.18B and a beta (3y monthly) value of 0.42. The stock’s trailing 12-month PE ratio is 29.00, while the earnings-per-share (ttm) stands at $2.49. The company has a PEG of 4.12 and a Quick Ratio of 0.80 with the debt-to-equity ratio at 1.47. Price movements for the stock have been influenced by the stock’s volatility, which stands at 1.98% over the week and 2.28% over the month.
Earnings per share for the fiscal year are expected to increase by 32.23%, and 24.05% over the next financial year. EPS should grow at an annualized rate of 7.03% over the next five years, compared to -10.42% over the past 5-year period.
Looking at the support for the SWX, a number of firms have released research notes about the stock. Jefferies stated their Hold rating for the stock in a research note on January 14, 2025, with the firm’s price target at $73. BofA Securities coverage for the Southwest Gas Holdings Inc (SWX) stock in a research note released on December 13, 2024 offered a Underperform rating with a price target of $73. Wells Fargo was of a view on May 13, 2024 that the stock is Equal Weight, while BofA Securities gave the stock Neutral rating on November 30, 2022, issuing a price target of $87- $65. Argus on their part issued Buy rating on June 09, 2022.
