The Southern Company [SO] gain 10.73% so far this year. What now?
Southern Company [NYSE: SO] It traded at the lowest level on 22/09/22, recording a loss of -0.25 after which it closed the day’s session at $75.94. Company report on September 19, 2022 This southern company was ranked among the Forbes Best Employers for Women 2022 list.
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Northampton, MA – News Direct – The Southern Company.
We are honored to be named one of Forbes Best Employers of 2022. This recognition demonstrates our ongoing commitment to creating a fair work environment in which everyone feels welcome, appreciated, supported, respected and listened.
The results of the trading session contributed to the trading of more than 2821,752 shares. Over the past week, the Southern Company’s price volatility was 1.88% while the volatility over the past month was 1.81%.
SO’s stock market capitalization was $80.77 billion, with 1.06 billion shares outstanding and 1.06 billion shares in current float. Compared to an average trading volume of 3.98 million shares, SO reached a trading volume of 282,1752 on the last trading day, which is why market watchers consider the stock to be active.
What do top market experts say about Southern Company [SO]?
Based on accurate, fact-backed analyzes by Wall Street experts, the current consensus on a target price for SO shares is $76.44 per share. Target price analysis and stock performance are usually carefully studied by market experts, and the current Wall Street consensus on SO stock is a set recommendation at 2.70. This rating represents a strong buy recommendation, on a scale of 1 to 5, where 5 means strong sell, 4 represents sell, 3 represents hold, and 2 indicates buy.
UBS made an estimate for the Southern company’s stock, holding their opinion of the stock as a buy, with their previous recommendation back on August 4, 2022. While those analysts kept the previous recommendation, Credit Suisse raised their target price to Underperform. The new price target note was released on April 26, 2022, which represents the official target price for the Southern Company’s stock. On February 07, 2022, analysts lowered their target price for SO shares from 73 to 72.
The Southern Company’s Average True Range (ATR) is set at 1.40, with a price-to-sales ratio for SO’s stock in the past twelve-month period at 3.12. The price-to-book ratio for the fourth quarter was 2.81, with the price-to-cash ratio for the stock in the same quarter set at 1.62.
How has SO’s stock been performing lately?
Southern Company [SO] It fell into the red at the end of last week, fell in a negative direction and fell by -1.75. With this latest performance, SO shares are down -3.62% over the past four-week period, as well as down 10.39% over the past six months — not to mention a 19.38% rise in the past year of trading.
Overbought and oversold stocks can be easily tracked by the Relative Strength Index (RSI), where an RSI result of over 70 is overbought, and any price below 30 indicates oversold conditions. The RSI of 50 represents neutral momentum in the market. The current RSI for SO stock in the last two weeks is set at 41.68, with the RSI for the last one trading at 36.45, and the three-week RSI at 45.48 for the Southern Company [SO]. The current moving average for the last 50 trading days for this stock is 76.91 while it recorded at 76.96 for the last trading week, and 71.84 for the last 200 days.
Southern Company [SO]: A deeper look into the basics
Operating margin for any stock indicates how profitable the investment is, and refers to the southern company [SO] The stock currently has an operating margin of +22.69 and a gross margin of +28.24. The net margin for the Southern Company is currently recorded at +10.37.
The return on equity for this stock rose to 8.53, with the return on assets remaining at 1.92.
The South’s liquidity data is also interesting, with the quick ratio at 0.60 and the current ratio at 0.90.
Profit analysis for the South Company [SO]
The company’s progress can be seen through the prism of EPS growth, while Wall Street analysts focus on forecasting a 5-year EPS growth rate for SO. When it comes to the stated value, analysts expect The Southern’s 5-year EPS growth rate to rise to 6.59%.
Informed commercial positions of the South Company [SO]
There are currently approximately $52,655 million, or 63.70% of SO’s stock, in the hands of institutional investors. The three largest corporate owners of SO’s are: VANGUARD GROUP INC with ownership of 93,260,760, which is approximately 1.762% of the company’s market capitalization and about 0.10% of the total corporate ownership; BLACKROCK INC. , which owns 77,620,001 shares of stock with an approximate value of $5.89 billion in SO stock; and STATE STREET CORP, currently with $4.87 billion in SO stock holding approximately 1.618% of the company’s market capitalization.
Positions in Southern Corporation stocks held by institutional investors increased at the end of July and into the July reporting period, as 805 institutional owners consolidated their positions in the Southern Corporation. [NYSE:SO] About 40138,684 shares. In addition, the number of investor positions decreased by 690 by 28330101 shares, while 311 investors occupied positions with 624,904.794 shares. The said changes put institutional holdings at 693,373,579 shares, according to the latest report from the Securities and Exchange Commission. SO 100 shares had new institutional investment totaling 7,417,946 shares, while 104 institutional investors sold deals totaling 5,392,753 shares during the same period.