Home News Recent Fundamentals: Southwest Gas (NYSE: SWX)

Recent Fundamentals: Southwest Gas (NYSE: SWX)

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Southwest Gas trades as part of the regulated utilities industry and trades as part of the utilities sector. The company CEO is John P. Hester. Southwest Gas Inc is a U.S. based utility company. It is primarily involved in the purchasing, distributing, and transporting of natural gas in the American Southwest. Its operations are divided into natural gas and construction services.

Previous Intraday Trading Performance:

The SWX stock showed a previous change of -1.39% with an open at 87.32 and a close of 86.17. It reached an intraday high of 87.32 and a low of 85.97.

SeekingAlpha:  Southwest Gas Holdings (SWX) Presents At AGA Financial Forum 2019 – Slideshow

Liquidity:

The stock has a market cap of $4.6b with 53.4m shares outstanding, of which the float is 52.4m shares. Trading volume reached 208,042 shares compared to its average volume of 312,019 shares. Based on the current average volume and close price, the trading liquidity is good.

Historical Trading Performance:

Over the last five trading days, Southwest Gas shares returned -1.45% and in the past 30 trading days it returned 4.26%. Over three months, it changed 3.38%. In one year it has changed 20.24% and within that year its 52-week high was 88.44 and its 52-week low was 72.62. SWX stock is 18.66% above its 52 Week Low.

Our calculations show a 200 day moving average of 80.04 and a 50 day moving average of 83.51. Currently SWX stock is trading 7.66% above its 200 day moving average.

SeekingAlpha:  Southwest Gas Holdings (SWX) Presents At AGA Financial Forum 2019 – Slideshow

Earnings:

The last annual fiscal EPS for the company was reported at 3.69 that ended on 31st of December 2018, which according to the previous close, that is a PE of 23.35. Based on 3 analyst estimates, the consensus EPS for the next quarter is 1.69. The TTM EPS is 3.68, which comes to a TTM PE of 23.42. Historically, the PE high was 27.30 and the PE low was 15.10. If the stock reached its PE low, that would represent a price of 55.56, which is a decrease of -35.53%.

Below was the last reported quarterly diluted earnings per share:

1stQtr of 2019 (Reported on 05/07/2019): 1.77
4thQtr of 2018 (Reported on 02/27/2019): 1.36
3rdQtr of 2018 (Reported on 11/06/2018): 0.25
2ndQtr of 2018 (Reported on 08/07/2018): 0.44
1stQtr of 2018 (Reported on 05/07/2018): 1.63

The dividend per share is currently 2.13, which is a dividend yield of 2.47%. Also, the payout ratio is 57.88%, therefore the dividend is safe according to our calculations.

Indicators to Watch:

Short-interest was 669,669, which was 1.25% of shares outstanding. The short-interest ratio or days-to-cover ratio was 2.85. This stock has some short interest, but it may be normal and no cause for concern if long the position.

The current calculated beta is 0.33.

SeekingAlpha:  Time To Put Halcon Out Of Its Misery

Fundamental Indicators:

Based on last reported financials, the company’s return on equity is 9.76%, return on assets is 2.97%, profit margin is 6.81%, price-to-sales is 1.58 and price-to-book is 1.99.

Company Scores:

All scores are out of six:
 2  :Valuation Score
 1  :Past Performance Score
 2  :Financial Strength Score
 1  :Future Growth Score
 5  :Dividend Score
 2  :Overall Score

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John Jones
Worked for several Wall Street firms: Salomon Smith Barney, UBS, and Charles Schwab. Has developed skills and gained extensive experience over the years that is used today to uncover winning penny stocks.Also was an attorney for small businesses in Scottsdale, Arizona. That experience and understanding of law provides a unique perspective and edge in discovering quality companies in various industries.