Southwest Gasoline (NYSE:SWX)‘s stock had its “impartial” score reissued by Bank of America in a analysis observe issued to traders on Tuesday, BenzingaRatingsTable stories. They presently have a $68.00 price goal on the utilities supplier’s stock. Bank of America’s price goal suggests a possible upside of three.37% from the stock’s earlier shut.
A number of different analysis companies have additionally just lately commented on SWX. Wells Fargo & Co upgraded Southwest Gasoline from an “underweight” score to an “equal weight” score and lower their price goal for the stock from $76.00 to $73.00 in a analysis observe on Wednesday, August 19th. They famous that the transfer was a valuation name. Citigroup lower their price goal on Southwest Gasoline from $90.00 to $87.00 and set a “impartial” score on the stock in a analysis observe on Tuesday, April 28th. Zacks Funding Analysis lower Southwest Gasoline from a “purchase” score to a “maintain” score in a analysis observe on Thursday, July 30th. Lastly, Jefferies Monetary Group lower their price goal on Southwest Gasoline from $72.00 to $69.00 and set a “maintain” score on the stock in a analysis observe on Friday, July 24th. 5 analysts have rated the stock with a maintain score and two have given a purchase score to the stock. The corporate has a mean score of “Maintain” and a consensus price goal of $76.14.
Shares of NYSE SWX traded up $0.58 on Tuesday, hitting $65.78. The corporate had a buying and selling quantity of 278,646 shares, in comparison with its common quantity of 270,371. Southwest Gasoline has a 12-month low of $45.68 and a 12-month excessive of $92.94. The enterprise has a 50 day shifting common of $69.99 and a two-hundred day shifting common of $71.07. The corporate has a fast ratio of 0.94, a present ratio of 0.94 and a debt-to-equity ratio of 1.01. The agency has a market capitalization of $3.65 billion, a P/E ratio of 17.49, a PEG ratio of two.80 and a beta of 0.25.
Southwest Gasoline (NYSE:SWX) final issued its earnings outcomes on Thursday, August sixth. The utilities supplier reported $0.68 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.40 by $0.28. Southwest Gasoline had a return on fairness of 8.84% and a web margin of 6.55%. The corporate had income of $757.25 million through the quarter, in comparison with the consensus estimate of $271.93 million. Throughout the identical quarter within the prior yr, the enterprise earned $0.41 earnings per share. The corporate’s income was up 6.2% in comparison with the identical quarter final yr. On common, sell-side analysts anticipate that Southwest Gasoline will put up 3.88 earnings per share for the present yr.
In different Southwest Gasoline information, SVP Eric Debonis offered 400 shares of the corporate’s stock in a transaction that occurred on Friday, May 29th. The stock was offered at a mean price of $75.10, for a complete transaction of $30,040.00. Following the sale, the senior vice chairman now owns 12,964 shares within the firm, valued at $973,596.40. The sale was disclosed in a authorized submitting with the Securities & Trade Fee, which is offered at this hyperlink. Company insiders personal 0.75% of the corporate’s stock.
A number of massive traders have just lately purchased and offered shares of the corporate. Charles Schwab Funding Administration Inc. grew its holdings in shares of Southwest Gasoline by 5.2% through the second quarter. Charles Schwab Funding Administration Inc. now owns 529,945 shares of the utilities supplier’s stock valued at $36,593,00Zero after buying an extra 25,956 shares over the last quarter. Engineers Gate Supervisor LP purchased a brand new place in shares of Southwest Gasoline through the second quarter valued at roughly $935,000. California State Academics Retirement System grew its holdings in shares of Southwest Gasoline by 1.0% through the second quarter. California State Academics Retirement System now owns 84,886 shares of the utilities supplier’s stock valued at $5,861,00Zero after buying an extra 838 shares over the last quarter. Nice West Life Assurance Co. Can grew its holdings in shares of Southwest Gasoline by 1.4% through the second quarter. Nice West Life Assurance Co. Can now owns 53,180 shares of the utilities supplier’s stock valued at $3,662,00Zero after buying an extra 730 shares over the last quarter. Lastly, Jane Street Group LLC purchased a brand new place in shares of Southwest Gasoline through the second quarter valued at roughly $966,000. 85.65% of the stock is owned by institutional traders.
About Southwest Gasoline
Southwest Gasoline Holdings, Inc, via its subsidiaries, purchases, distributes, and transports pure fuel in Arizona, Nevada, and California. The corporate operates via two segments, Pure Gasoline Operations and Utility Infrastructure Companies. As of December 31, 2018, it had 2,047,00Zero residential, industrial, industrial, and different pure fuel prospects.
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