What shareholders can do to beat the market with Southwest Gas Holdings Inc. (SWX) stock

As of close of business last night, Southwest Gas Holdings Inc.’s stock clocked out at $61.15, up 1.83% from its previous closing price of $60.05. In other words, the price has increased by $+1.10 from its previous closing price. On the day, 638042 shares were traded. SWX stock price reached its highest trading level at $62.10 during the session, while it also had its lowest trading level at $60.12.

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To gain a deeper understanding of SWX’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.10 and its Current Ratio is at 1.10. In the meantime, Its Debt-to-Equity ratio is 1.96 whereas as Long-Term Debt/Eq ratio is at 1.44.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, BofA Securities on November 30, 2022, Downgraded its rating to Neutral and sets its target price to $65 from $87 previously.

On June 09, 2022, Argus Upgraded its rating to Buy which previously was Hold but kept the price unchanged to $100.

BofA Securities Upgraded its Neutral to Buy on March 30, 2022, whereas the target price for the stock was revised from $81 to $88.

Insider Transactions:

Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Mar 14 when ICAHN CARL C bought 237 shares for $60.12 per share. The transaction valued at 14,248 led to the insider holds 9,483,487 shares of the business.

ICAHN CARL C bought 238,785 shares of SWX for $14,300,834 on Mar 13. The 10% Owner now owns 9,483,250 shares after completing the transaction at $59.89 per share. On Mar 10, another insider, ICAHN CARL C, who serves as the 10% Owner of the company, bought 2,332,835 shares for $60.12 each. As a result, the insider paid 140,250,040 and bolstered with 8,944,465 shares of the company.

Valuation Measures:

For the stock, the TTM Price-to-Sale (P/S) ratio is 0.83 while its Price-to-Book (P/B) ratio in mrq is 1.34.

Stock Price History:

Over the past 52 weeks, SWX has reached a high of $95.62, while it has fallen to a 52-week low of $57.75. The 50-Day Moving Average of the stock is 64.35, while the 200-Day Moving Average is calculated to be 73.89.

Shares Statistics:

It appears that SWX traded 525.46K shares on average per day over the past three months and 842.56k shares per day over the past ten days. A total of 67.22M shares are outstanding, with a floating share count of 66.46M. Insiders hold about 0.10% of the company’s shares, while institutions hold 90.00% stake in the company. Shares short for SWX as of Jan 12, 2023 were 2.46M with a Short Ratio of 2.12M, compared to 2.13M on Dec 14, 2022. Therefore, it implies a Short% of Shares Outstanding of 3.67% and a Short% of Float of 4.30%.

Dividends & Splits

With its trailing 12-month dividend rate of 2.26, SWX has a forward annual dividend rate of 2.48. Against a Trailing Annual Dividend Yield of 3.76%, it implies a Forward Annual Dividend Yield of 3.77%. The stock’s 5-year Average Dividend Yield is 3.04.

Earnings Estimates

As of right now, 5 analysts gave their recommendation on the stock of the company. On average, analysts expect EPS of $1.58 for the current quarter, with a high estimate of $2.04 and a low estimate of $1.21, while EPS last year was $1.15. The consensus estimate for the next quarter is $1.51, with high estimates of $1.94 and low estimates of $0.89.

Analysts are recommending an EPS of between $3.97 and $3.05 for the fiscal current year, implying an average EPS of $3.53. EPS for the following year is $4.16, with 6 analysts recommending between $4.6 and $3.58.

Revenue Estimates

In the current quarter, 2 analysts expect revenue to total $1.2B. It ranges from a high estimate of $1.2B to a low estimate of $1.19B. As of the current estimate, Southwest Gas Holdings Inc.’s year-ago sales were $1.08B, an estimated increase of 10.20% from the year-ago figure. For the next quarter, 1 analysts are estimating revenue of $1.46B, an increase of 15.10% over than the figure of $10.20% in the same quarter last year. There is a high estimate of $1.46B for the next quarter, whereas the lowest estimate is $1.46B.

A total of 4 analysts have provided revenue estimates for SWX’s current fiscal year. The highest revenue estimate was $4.74B, while the lowest revenue estimate was $4.43B, resulting in an average revenue estimate of $4.65B. In the same quarter a year ago, actual revenue was $3.68B, up 26.40% from the average estimate. Based on 4 analysts’ estimates, the company’s revenue will be $4.8B in the next fiscal year. The high estimate is $5B and the low estimate is $4.61B. The average revenue growth estimate for next year is up 3.30% from the average revenue estimate for this year.