Somewhat Favorable Press Coverage Somewhat Unlikely to Affect Southern (SO) Share Price

Headlines about Southern (NYSE:SO) have trended somewhat positive this week, Accern reports. The research group identifies positive and negative press coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Southern earned a media sentiment score of 0.12 on Accern’s scale. Accern also gave media headlines about the utilities provider an impact score of 46.1851512712234 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.

These are some of the media headlines that may have effected Accern’s rankings:

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Several analysts recently weighed in on SO shares. TheStreet downgraded Southern from a “b-” rating to a “c” rating in a research note on Monday, March 26th. SunTrust Banks set a $45.00 price target on Southern and gave the stock a “hold” rating in a research note on Monday, March 26th. Morgan Stanley cut their price target on Southern from $45.00 to $44.00 and set an “underweight” rating on the stock in a research note on Thursday, March 8th. Credit Suisse Group restated an “underperform” rating and issued a $45.00 price target (down previously from $46.00) on shares of Southern in a research note on Tuesday, February 27th. Finally, Guggenheim restated a “buy” rating and issued a $51.00 price target on shares of Southern in a research note on Friday, February 23rd. Seven analysts have rated the stock with a sell rating, six have given a hold rating and six have issued a buy rating to the company’s stock. Southern has a consensus rating of “Hold” and a consensus target price of $49.17.

NYSE SO opened at $45.01 on Friday. The firm has a market cap of $45,155.44, a PE ratio of 14.90, a PEG ratio of 3.44 and a beta of 0.02. The company has a current ratio of 0.74, a quick ratio of 0.59 and a debt-to-equity ratio of 1.84. Southern has a 1-year low of $42.38 and a 1-year high of $53.51.

Southern (NYSE:SO) last released its quarterly earnings results on Wednesday, February 21st. The utilities provider reported $0.51 earnings per share for the quarter, beating the consensus estimate of $0.46 by $0.05. The firm had revenue of $5.63 billion for the quarter, compared to analysts’ expectations of $5.17 billion. Southern had a return on equity of 11.96% and a net margin of 3.82%. The company’s revenue was up 8.6% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.24 EPS. analysts forecast that Southern will post 2.9 EPS for the current fiscal year.

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Southern Company Profile

The Southern Company, through its subsidiaries, engages in the generation, transmission, and distribution of electricity. The company also constructs, acquires, owns, and manages power generation assets, including renewable energy facilities and sells electricity in the wholesale market; and distributes natural gas in Illinois, Georgia, Virginia, New Jersey, Florida, Tennessee, and Maryland, as well as provides gas marketing services, wholesale gas services, and gas midstream operations.

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