Analyst Estimates

Analyst Sights on Price Target: Southern Co (NYSE:SO)

Southern Co (NYSE:SO) soared 0.74% during previous trade, a total of 2.64M shares exchanged hands compared with its average trading volume of 4.63M shares whereas its relative volume is 0.52. The stock has a market capitalization of $47.62B along with 980.20M outstanding shares. Stock’s intraday price range hit the peak level of $48.82 and touched the lowest level of $48.25.

Most recently Southern Co (NYSE:SO)’s price target was revised on 01/09/17 and according to 17 analysts stock’s price will reach at $50.88 during 52 weeks with standard deviation of 5.47. Stock’s minimum price target estimates has been figured out at $42 while the maximum price target forecast is established at $55, if we look at the price target with an optimistic approach it has upside potential of 13% from its latest closing price of $49.33.

Historically, if we look at price target revisions, three weeks ago Southern Co (NYSE:SO)’s price target was revised on 12/12/16 by the analysts, however the bullish price estimates of the stock set at $62 while the bearish estimates kept at $42 over the next one year. Stock’s 52-week target was retained at $51.38, the estimates indicates a standard deviation of 5.71.

While taking an overview of recommendation trends, the stock currently has an average brokerage recommendation of 3.03. ABR value is precisely based on brokerage recommendations, where out of 12 brokerage recommendations 1 rate Southern Co (NYSE:SO) stock a Strong Buy, 0 rate the stocks of the company a Buy, 9 rate Hold, 1 rate Sell and 1 recommend a Strong Sell. Most recently on 7/14/16 the stock of Southern Co (NYSE:SO) upgraded by Barclays from Equal Weight to Overweight. However previously on 6/24/14 it was upgraded by Argus from Hold to Buy. A research note issued on 4/17/14 the stock was downgraded by RBC Capital Mkts from Outperform to Sector Perform.

Southern Co (NYSE:SO) performance over the past one year advanced 9.71% whereas its year to date (YTD) performance indicated a bearish trend of -0.91%. During the last six months the stock fell -6.20%. Quarterly performance of the company shows declining momentum of -0.20% while its last one month trend is positive with 1.67%. Stock’s weekly performance expressed down trend of -0.51%.

The company’s price sits 0.54% above from its 50-day moving average of $48.38 and -2.19% away from the stock’s 200-day moving average which is $50.85. Southern Co (NYSE:SO)’s shares are currently trading -8.79% away from the 52-week high price of $53.44 and +10.79% far from the 52-week low price of $44.

According to consensus agreement of 13 analysts Southern Co (NYSE:SO) will report earnings per share of $0.35 in their quarterly report and it is expected to announce the company’s results on 2/1/17. For the current quarter the company has high EPS estimates of $0.54 in contradiction of low EPS estimates of $0.25. However a year ago for the same quarter the company has reported $0.44 EPS. Current year EPS projections for Southern Co (NYSE:SO) set at $2.9 according to the sentiments of 20 analysts, while its lowest earnings estimates are $2.84 and highest earnings estimates are $3.1.

According to 5 analysts, Southern Co (NYSE:SO)’s revenue estimates for the current quarter are $4.62 meanwhile the company has high revenue estimates of $5.38B in contradiction of low revenue estimates of $3.31B. For the current year the company’s revenue estimates are $18.79B compared to low analyst estimates of $17.63B and high estimates of $20.06B according to the projection of 12 analysts.

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