An Analysis Of The Southern Company (SO)’s Weekly Performance

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As of Wednesday close, The Southern Company’s (NYSE:SO) stock was up $0.41, moving up 0.62 percent to $66.36. The average number of shares traded per day over the past five days has been 4,433,320 shares. 3 times new highs have been achieved over the past 5 days, with a $0.53 gain in that time frame. In the last twenty days, the average volume was 4,598,930, while in the previous 50 days, it was 4,444,514.

Since last month, SO stock rose 0.97%. Shares of the company fell to $62.42 on 11/07/22, the lowest level in the past month. A 52-week high of $80.57 was reached on 08/19/22 after having rallying from a 52-week low of $60.71. Since the beginning of this year, SO’s stock price has dropped by -3.24% or -$2.22, and marked a new high 24 times. However, the stock has declined by -17.64% since its 52-week high.


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SO stock investors should be aware that The Southern Company (SO) stock had its last reported insider trading activity 15 days ago on Nov 10. Kuczynski Stephen E, the Pres. & CEO, Southern Nuclear of the company, disposed of 14,500 shares for $64.74 on Nov 10. It resulted in a $938,730 divestment by the insider. DAVIS MARTIN BERNARD sold 3,050 shares at an average price of $65.80 on Oct 28. The insider now owns 39,916 shares following the transaction. On Oct 10, Pres. & CEO, Southern Nuclear Kuczynski Stephen E sold 14,500 shares at $64.52 apiece. The transaction was valued at $935,540.

Valuation Metrics

Right now, The Southern Company (SO) has a P/E ratio of about 21.07. The stock’s beta is 0.51. Besides these, the trailing price-to-sales (P/S) ratio of 2.55, the price-to-book (PB) ratio of 2.30.

The latest dividend of $0.68 per share was paid out, remained unchanged from last year’s $0.68. On Tuesday April 19 2022, a $0.02 dividend increase was announced.

Financial Health

In the three months ended September 29, The Southern Company’s quick ratio stood at 0.60, while its current ratio was 0.80, showing that the company is not able to pay off its debt. According to company report, the long-term debt-to-equity ratio for the quarter ending September 29 was 1.61, and the total debt-to-equity ratio was 1.76. On the profitability front, the trailing twelve-month gross margin is 84.10% percent. In the year ended September 29, operating margins totaled 17.50%. Based on annual data, SO earned $3.7 billion in gross profit and brought in $23.11 billion in revenue.

A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 4.20%. Return on equity (ROE) for the past 12 months was 11.70%.

In The Southern Company’s quarter-end financial report for September 29, it reported total debt of $48.84 billion. According to the earnings report, the company had a higher net income in the recent quarter than it did in the previous quarter. SO’s revenue rose 9.91% to $5.2 billion during the quarter, while net income inched up to $6.24 billion. While analysts expected The Southern Company to report $1.33 quarterly earnings, the actual figure was $1.31 per share, beating the consensus estimate by -1.50%. During the quarter, the company generated $3.28 billion in EBITDA. The liabilities of The Southern Company were 98.29 billion at the end of its most recent quarter ended September 29, and its total debt was $56.68 billion. The value of shareholders’ equity is $1.09 billion.

Technical Picture

This quick technical analysis looks at The Southern Company’s (SO) price momentum. With a historical volatility rate of 16.10%, the RSI 9-day stood at 58.97% on 23 November.

With respect to its five-day moving average, the current The Southern Company price is up by +0.81% percent or $0.53. At present, SO shares trade +1.10% above its 20-day simple moving average and -6.30% percent below its 100-day simple moving average. However, the stock is currently trading approximately -16.45% below its SMA50 and -2.25% below its SMA200.

Stochastic coefficient K was 87.78% and Stochastic coefficient D was 79.57%, while ATR was 1.26. Given the Stochastic reading of 97.52% for the 14-day period, the RSI (14) reading has been calculated as 52.76%. As of today, the MACD Oscillator reading stands at 0.47, while the 14-day reading stands at 0.92.

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