Digging Up the Facts on The Southern Company (SO)

The Southern Company (SO) is an interesting player in the Utilities space, with a focus on Electric Utilities. The stock has been active on the tape, currently trading at $43.59, down from yesterday’s close by -0.52%. Given the stock’s recent action, it seemed like a good time to take a closer look at the company’s recent data.

Fundamental Analysis

The Southern Company (SO) currently trades with a market capitalization of $43.85 Billion. That value represents a market adjusting for revenues that have been growing by 8.63 % on a quarterly year/year basis as of the company’s last quarterly report.

You can get a sense of how sustainable that is by a levered free cash flow of -$1.72 Billion over the past twelve months. Generally speaking, earnings are expected to fall in coming quarters. Analysts are forecasting earnings of $0.81 on a per share basis this quarter. Perhaps, that suggests something about why 0.05% of the outstanding share supply is held by institutional investors.

Technical Analysis

As most professionals know, technical analysis can offer critical insights into what smart money and insiders think about a stock’s prospects going forward. Looking at the stock’s movement on the chart, The Southern Company recorded a 52-week high of $53.51. It is now trading 9.92% off that level. The stock is trading $44.55 its 50-day moving average by 0.95999999999999%. The stock carved out a 52-week low down at $42.38.

In recent action, The Southern Company (SO) has made a move of -2.44% over the past month, which has come on Strong relative transaction volume. Over the trailing year, the stock is underperforming the S&P 500 by 16.68, and it’s gotten there by action that has been less volatile on a day-to-day basis than most other stocks on the exchange. In terms of the mechanics underlying that movement, traders will want to note that the stock is trading on a float of 3.20% with $1.00 Billion sitting short, betting on future declines. That suggests something of the likelihood of a short squeeze in shares of SO.

Previous articleTaking a Look at the Data Behind MGIC Investment Corporation (MTG)
Next articleThe Western Union Company (WU): What’s the Story?