From Nasdaq:



Southern Co. (SO) closed at $69.44 in the latest trading session, with a change lagging the S&P 500 and underperforming the Utilities sector. Analysts expect the company to post earnings of $0.62 per share with a 138.46% year-over-year growth. The Zacks Rank system rate the company at #3 (Hold). In terms of valuation, Southern Co. is currently trading with a Forward P/E ratio of 19.26, marking a premium compared to its industry’s average. The Utility – Electric Power industry is part of the Utilities sector, with a Zacks Industry Rank of 54, positioning it in the top 22%. Zacks recommends staying updated with stock-shifting metrics in the next trading sessions. Additionally, Zacks is naming the top 10 stocks for 2024 and advises investors not to miss out on the opportunity to invest in them.



Original: Southern Co. (SO) Increases Yet Falls Behind Market: What Investors Need to Know