雅虎香港財經 Southern Co. (SO) Declines More Than Market: Some Information for Investors
Southern Co. (SO) closed the most recent trading day at $77.57, moving -0.6% from the previous trading session. This change lagged the S&P 500's 0.41% loss on the day. At the same time, the Dow lost 0.12%, and the tech-heavy Nasdaq lost 0.71%.
Prior to today's trading, shares of the power company had lost 0.05% over the past month. This has was narrower than the Utilities sector's loss of 3.1% and lagged the S&P 500's gain of 3.53% in that time.
Investors will be eagerly watching for the performance of Southern Co. in its upcoming earnings disclosure. The company is expected to report EPS of $0.90, up 13.92% from the prior-year quarter. Our most recent consensus estimate is calling for quarterly revenue of $6.23 billion, up 8.34% from the year-ago period.
In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $4 per share and a revenue of $27.35 billion, indicating changes of +9.59% and +8.31%, respectively, from the former year.
It's also important for investors to be aware of any recent modifications to analyst estimates for Southern Co. These latest adjustments often mirror the shifting dynamics of short-term business patterns. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the company's business health and profitability.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.
The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has moved 0.22% higher. As of now, Southern Co. holds a Zacks Rank of #3 (Hold).
Looking at valuation, Southern Co. is presently trading at a Forward P/E ratio of 19.52. This expresses a premium compared to the average Forward P/E of 14.97 of its industry.
It's also important to note that SO currently trades at a PEG ratio of 2.81. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. The Utility - Electric Power industry currently had an average PEG ratio of 2.53 as of yesterday's close.
The Utility - Electric Power industry is part of the Utilities sector. At present, this industry carries a Zacks Industry Rank of 94, placing it within the top 38% of over 250 industries.
The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Remember to apply Zacks.com to follow these and more stock-moving metrics during the upcoming trading sessions.
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Southern Company (The) (SO): Free Stock Analysis Report
