Southwest Gas Holdings Inc. (SWX): Good time to sell it?

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Southwest Gas Holdings Inc. (NYSE:SWX) changes shares on Monday trading session, with a change of 0.95% or $0.63 shares. The trading starts at $65.47 and closed at $66.06 throughout the day. The trading session low price was $65.10 and day high was $67.45 on Monday, June 22. After the session, the Utilities sector daily volume shifted to 0.31 million while its average volume is 486.05K. In other hand, the SWX market cap reached to $3.82B. While, its current target price is $66.69 according to WSJ.

Checking out the performance report which defines the increase or decrease of prices for a specific period. For the last 5 trading sessions, its performance is down -2.88% and down -9.19% for month. Its quarterly performance was 27.49% above, while its half year performance is down -12.17%. SWX yearly performance stood at negative -26.91% and fall -12.22% for year-to-date. Current recommendation for Southwest Gas Holdings Inc. is 2.60.

Earnings per share or EPS is an important financial measure, which defines the profitability of a company. SWX EPS (TTM) for 12-month is 3.48. EPS for this year is 15.80%, while for the next year its value is 4.33. Sales growth for the current quarter is 2.34 while its EPS Q/Q reached -26.20%. It has an EPS of 5.60% up for past five years and for the next five years will be up 8.20%.

Let’s take a look on the analyst recommendations on SWX for the current month and previous month. For the current month, 2 of 6 analysts recommend stock as Buy while 1 as Sell, 0 as overweight, 0 as underweight and 3 as Hold. As compared with the previous month ratings, 6 analysts participate in stock recommendation. Out of 6, 0 rated it sell, 3 rated it as Buy and 3 as Hold Ratings. On the other hand, target price ranges from $72.00-$87.00. Average target price for SWX was reached at $79.60.

Blackrock Inc., Vanguard Group, Inc. (The) and Price (T.Rowe) Associates Inc are the top three holders in Southwest Gas Holdings Inc. (SWX) stock. On Mar 30, 2020, Blackrock Inc. has 7.6 million shares which valued 528.61 million. On Mar 30, 2020, Vanguard Group, Inc. (The) owned 5.82 million shares which valued at 404.75 million. On Mar 30, 2020, Price (T.Rowe) Associates Inc has a total of 3.95 million shares which valued at 274.57 million. In the end, Price (T.Rowe) Associates Inc have 7.16% shares outstanding of Southwest Gas Holdings Inc. (SWX) on Mar 30, 2020. The insider ownership moved to 0.80% and institutional holding shifted to 89.40%.

The company posted an EPS (TTM) of 3.48. According to the most recent quarter report on (Jun 2020), 5 analysts estimated an average EPS of 0.33, while 0.41 EPS posted a year ago period. Analyst Estimated EPS for SWX published in the report was 0.12-0.6 during the same period. Comparing with last year, the average estimated EPS was 0.41 which is lower than 1.31 which was posted for recent quarter EPS.

A brief look on simple moving average (SMA) that determines the market price can impact a market. The SMA for SWX fall -13.46% for period of 200 days. SMA for 50 days was -9.69% which is showing red signal, while SMA-20 was -7.92%. The moving average value for Southwest Gas Holdings Inc. (SWX) is 73.03 and 72.29 for 200 and 50 days respectively.

Let’s take a look on the insider transactions, in which multiple shareholders are showing interest in SWX stock. On Jun 04, Daily Paul M, CEO/Centuri Group, Inc., bought 30 trading shares at the cost of $73.46, which valued at 2204.0. On May 29, DeBonis Eric, SVP/Operations, sold 400 shares at the cost of $75.10, with total shares of 12,564. On Mar 24, Daily Paul M, CEO/Centuri Group, Inc., bought 175 shares at the cost of 53.50. After this transaction, Daily Paul M total shares reached to 4,145 which valued at 9363.0.