Southern Co. (SO) Registers a Bigger Fall Than the Market: Important Facts to Note
From Nasdaq: 2024-06-07 18:00:12
In the latest trading session, Southern Co. (SO) closed at $77.94, down 0.9% from the previous day, lagging behind the S&P 500. With upcoming earnings, EPS projected at $0.90 (13.92% increase) and revenue estimated at $6.23 billion (8.34% growth). Analyst estimate revisions and the Zacks Rank system may impact stock performance.
Southern Co. is trading with a Forward P/E ratio of 19.67, showing a premium compared to its industry’s average. The company’s PEG ratio of 2.83 indicates expected earnings growth. The Utility – Electric Power industry has an average PEG ratio of 2.66. Southern Co. is currently ranked #3 (Hold) on the Zacks Rank system.
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