SWX - Southwest Gas Holdings Inc Stock Price, Fair Value and News

76.44USD-0.52 (-0.68%)Delayed as of 10 May 2024, 01:46 pm ET

Market Summary

USD76.44-0.52

Delayedas of 10 May 2024, 01:46 pm

-0.68%

SWX Alerts

Big jump in Earnings (Y/Y)

SWX Stock Price

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SWX RSI Chart

SWX Valuation

Market Cap

5.5B

Price/Earnings (Trailing)

28.62

Price/Sales (Trailing)

1.02

EV/EBITDA

10.11

Price/Free Cashflow

15.15

SWX Price/Sales (Trailing)

SWX Profitability

EBT Margin

4.17%

Return on Equity

5.74%

Return on Assets

1.62%

Free Cashflow Yield

6.6%

SWX Fundamentals

SWX Revenue

Revenue (TTM)

5.4B

Rev. Growth (Yr)

-1.39%

Rev. Growth (Qtr)

15.61%

SWX Earnings

Earnings (TTM)

192.7M

Earnings Growth (Yr)

91.1%

Earnings Growth (Qtr)

20.4%

Breaking Down SWX Revenue

52 Week Range

55.1376.88

(Low)(High)

Last 7 days

2.2%

Last 30 days

2.4%

Last 90 days

30.2%

Trailing 12 Months

36.0%

How does SWX drawdown profile look like?

SWX Financial Health

Current Ratio

1.04

Debt/Equity

1.39

Debt/Cashflow

0.27

SWX Investor Care

Dividend Yield

3.22%

Dividend/Share (TTM)

2.48

Shares Dilution (1Y)

0.47%

Diluted EPS (TTM)

2.69

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2024	5.4B	0	0	0
2023	5.3B	5.4B	5.5B	5.4B
2022	4.1B	4.4B	4.6B	5.0B
2021	3.3B	3.4B	3.5B	3.7B
2020	3.1B	3.2B	3.2B	3.3B
2019	3.0B	3.0B	3.1B	3.1B
2018	2.6B	2.8B	2.8B	2.9B
2017	2.4B	2.4B	2.4B	2.5B
2016	2.5B	2.5B	2.5B	2.5B
2015	0	0	0	2.5B

Get all data in R, Python etc through our Historical Stock Data APIs

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Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

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Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

Very Expensive Stocks

Very Cheap Stocks

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Tracking the Latest Insider Buys and Sells of Southwest Gas Holdings Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
May 02, 2024	timperley amy l.	acquired	-	-	2,308	svp/chief reg. & fin. planning
May 02, 2024	colvin lori l	acquired	-	-	1,515	vp/controller/cao
May 02, 2024	williams julie m.	acquired	-	-	2,934	svp/cont. improvement and opt.
May 02, 2024	stefani robert j	acquired	-	-	10,879	svp/chief financial officer
May 02, 2024	gabe randall p.	acquired	-	-	2,862	svp/chief administrative ofc
May 02, 2024	moran thomas e.	acquired	-	-	1,685	vp/general counsel/corp. sec
May 02, 2024	haller karen s	acquired	-	-	34,403	president and ceo
May 02, 2024	brown justin l	acquired	-	-	6,658	president/southwest gas corp.
Mar 05, 2024	brown justin l	sold (taxes)	-107,862	63.35	-1,702	president/southwest gas corp.
Mar 05, 2024	colvin lori l	sold (taxes)	-32,576	63.35	-514	vp/controller/cao

Which funds bought or sold SWX recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 08, 2024	STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM	reduced	-27.48	-318,764	799,110	-%
May 08, 2024	US BANCORP \DE\	reduced	-39.4	-397,995	1,066,660	-%
May 08, 2024	Russell Investments Group, Ltd.	reduced	-4.74	165,122	1,305,780	-%
May 08, 2024	COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS	added	0.26	172,000	1,011,770	0.01%
May 08, 2024	TD Asset Management Inc	sold off	-100	-2,410,590	-	-%
May 08, 2024	PROFUND ADVISORS LLC	reduced	-2.15	35,323	236,079	0.01%
May 08, 2024	Belpointe Asset Management LLC	new	-	233,875	233,875	0.02%
May 08, 2024	Sandy Spring Bank	new	-	1,904	1,904	-%
May 08, 2024	Camelot Portfolios, LLC	reduced	-39.37	-131,458	353,035	0.34%
May 08, 2024	Bell Investment Advisors, Inc	reduced	-9.02	1,443	16,901	-%

Are Funds Buying or Selling SWX?

Are funds buying SWX calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own SWX

No. of Funds

SWX Alerts

Big jump in Earnings (Y/Y)

Unveiling Southwest Gas Holdings Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 13, 2024	vanguard group inc	10.17%	7,251,928	SC 13G/A
Jan 23, 2024	blackrock inc.	13.0%	9,297,238	SC 13G/A
Nov 27, 2023	icahn carl c	6.43%	4,599,021	SC 13D/A
Oct 23, 2023	corvex management lp	5.8%	4,153,717	SC 13D
Mar 28, 2023	icahn carl c	6.14%	4,380,866	SC 13D/A
Mar 17, 2023	icahn carl c	5.66%	4,034,270	SC 13D/A
Mar 10, 2023	icahn carl c	5.26%	3,724,746	SC 13D/A
Feb 14, 2023	price t rowe associates inc /md/	0.1%	62,672	SC 13G/A
Feb 09, 2023	vanguard group inc	10.36%	6,928,868	SC 13G/A
Jan 23, 2023	blackrock inc.	14.4%	9,681,136	SC 13G/A

Recent SEC filings of Southwest Gas Holdings Inc

View All Filings

Date Filed	Form Type	Document
May 08, 2024	10-Q	Quarterly Report
May 08, 2024	8-K	Current Report
May 07, 2024	8-K	Current Report
May 07, 2024	8-K	Current Report
May 03, 2024	4	Insider Trading
May 03, 2024	4	Insider Trading
May 03, 2024	4	Insider Trading
May 03, 2024	4	Insider Trading
May 03, 2024	4	Insider Trading
May 03, 2024	4	Insider Trading

Peers (Alternatives to Southwest Gas Holdings Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
CPK	2.5T	698.2M	6.09%	-13.01%	25.5K	3.5K	3.29%	8.78%
AEP	47.9B	19.3B	6.91%	-0.83%	17.02	2.48	-2.13%	41.75%
AWK	26.2B	4.3B	10.31%	-10.24%	27.31	6.08	10.78%	15.26%
AEE	19.9B	7.3B	1.03%	-16.76%	17.27	2.75	-10.88%	5.77%
ATO	18.0B	4.1B	2.56%	0.27%	18.06	4.45	-11.13%	20.48%
NRG	17.0B	28.5B	12.38%	154.37%	10.37	0.6	-9.05%	188.86%
AGR	14.3B	8.3B	2.76%	-10.06%	15.98	1.73	0.05%	30.98%
AES	14.2B	12.5B	9.35%	-10.98%	-2.2K	1.14	-3.77%	98.49%
MID-CAP
PNW	8.8B	4.7B	3.73%	-4.04%	16.31	1.87	4.84%	12.15%
ALE	3.6B	1.7B	3.67%	1.23%	15.15	2.11	-1.93%	32.23%
AVA	3.0B	1.9B	8.21%	-14.02%	15.91	1.59	9.47%	35.66%
SMALL-CAP
CWCO	445.6M	180.2M	10.10%	63.84%	14.99	2.47	91.50%	388.02%
CDZI	158.9M	2.0M	-7.48%	-47.89%	-5.05	79.07	33.96%	-26.84%
VIA	35.3M	415.8M	0.65%	-9.01%	1.49	0.08	-11.16%	525.10%
CREG	8.6M	-	-21.17%	-37.26%	-11.52	12.3	-88.45%	83.25%

Southwest Gas Holdings Inc News

Latest updates

Southwest Gas Holdings Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Income Statement (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	15.6%	1,581	1,368	1,169	1,294	1,603	1,421	1,126	1,146	1,267	1,084	889	821	886	914	791	757	836	848	725	713	834
Costs and Expenses	15.7%	1,423	1,229	1,109	1,209	1,468	1,709	1,076	1,100	1,099	971	865	762	712	761	737	690	688	710	687	658	693
EBITDA Margin	3.6%	0.18*	0.17*	0.09*	0.09*	0.08*	0.09*	0.18*	0.18*	0.19*	0.20*	0.22*	-	-	-	-	-	-	-	-	-	-
Interest Expenses	-2.7%	72.00	74.00	72.00	69.00	77.00	77.00	64.00	53.00	48.00	-	31.00	26.00	24.00	28.00	28.00	26.00	28.00	29.00	27.00	27.00	26.00
Income Taxes	76.8%	17.00	10.00	-1.27	5.00	29.00	-93.95	-1.52	-4.30	24.00	5.00	-1.82	6.00	31.00	24.00	7.00	9.00	26.00	21.00	3.00	6.00	26.00
Earnings Before Taxes	25.6%	105	83.00	3.00	35.00	76.00	-371	-12.84	-10.38	121	76.00	-11.11	32.00	150	129	28.00	49.00	99.00	113	10.00	29.00	121
EBT Margin	14.8%	0.04*	0.04*	-0.05*	-0.05*	-0.06*	-0.06*	0.04*	0.04*	0.05*	0.07*	0.09*	-	-	-	-	-	-	-	-	-	-
Net Income	20.4%	88.00	73.00	3.00	29.00	46.00	-280	-12.31	-6.57	96.00	70.00	-11.58	25.00	117	104	18.00	38.00	73.00	92.00	5.00	22.00	95.00
Net Income Margin	28.2%	0.04*	0.03*	-0.04*	-0.04*	-0.05*	-0.04*	0.03*	0.03*	0.04*	0.05*	0.07*	-	-	-	-	-	-	-	-	-	-
Free Cashflow	213.6%	323	103	-39.61	-21.68	-404	-142	-204	-128	24.00	-149	-118	-	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	0.2%	11,888	11,870	11,836	11,951	11,810	13,197	13,103	12,923	13,249	12,765	10,370	9,039	8,929	8,736	8,430	8,426	8,093	8,170	7,840	7,667	7,569
Current Assets	-5.4%	1,780	1,881	1,998	2,240	2,258	3,708	1,710	1,644	2,047	1,615	1,393	1,007	1,001	871	733	867	673	860	765	752	830
Cash Equivalents	329.9%	458	107	105	221	82.00	123	175	216	625	223	187	48.00	92.00	83.00	24.00	200	61.00	50.00	28.00	38.00	97.00
Goodwill	-0.3%	787	790	787	790	787	787	1,743	1,750	1,774	1,781	792	348	347	345	340	338	334	343	340	346	364
Current Liabilities	2.0%	1,719	1,685	1,053	1,057	1,610	3,423	1,314	2,350	2,630	3,112	1,355	1,272	1,036	912	839	918	980	1,080	782	727	974
Short Term Borrowings	2.5%	644	629	58.00	16.00	468	1,543	381	1,463	1,474	1,909	272	318	310	107	54.00	58.00	67.00	211	30.00	-	188
Long Term Debt	0.8%	4,649	4,610	5,236	5,285	4,578	4,403	5,866	4,588	4,560	4,116	3,574	2,479	2,697	2,732	2,686	2,639	2,310	2,300	2,462	2,373	2,106
LT Debt, Current	0.5%	43.00	43.00	42.00	42.00	42.00	45.00	41.00	41.00	291	297	297	319	67.00	40.00	45.00	172	170	164	38.00	37.00	35.00
LT Debt, Non Current	-100.0%	-	4,610	5,236	5,285	4,578	4,403	5,866	4,588	4,560	4,116	3,574	2,479	2,697	2,732	2,686	2,639	2,310	2,300	2,462	2,373	2,106
Shareholder's Equity	1.4%	3,356	3,310	3,239	2,534	743	3,059	2,283	69.00	68.00	1,824	62.00	61.00	1,660	1,068	2,144	1,524	1,080	1,039	2,424	56.00	2,347
Retained Earnings	5.8%	782	739	669	697	743	747	1,111	1,156	1,191	1,114	1,080	1,108	1,112	1,068	1,054	1,086	1,080	1,039	977	1,002	1,010
Additional Paid-In Capital	0.2%	2,547	2,542	2,540	2,534	2,525	2,287	2,283	2,279	2,274	1,824	1,824	1,734	1,660	1,609	1,560	1,524	1,470	1,467	1,438	1,410	1,333
Shares Outstanding	0.1%	72.00	72.00	72.00	71.00	71.00	67.00	67.00	64.00	60.00	59.00	59.00	59.00	-	-	-	-	-	-	-	-	-
Minority Interest	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-0.45
Float	-	-	-	-	4,549	-	-	-	5,835	-	-	-	3,911	-	-	-	3,861	-	-	-	4,868	-

Cashflow (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Cashflow (Quarterly)																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	75.0%	544	311	186	198	-185	104	40.00	77.00	187	60.00	50.00	54.00	-52.46	138	113	104	272	122	100	90.00	188
Share Based Compensation	301.0%	1.00	-0.48	3.00	2.00	3.00	2.00	1.00	3.00	4.00	2.00	2.00	2.00	4.00	1.00	1.00	2.00	3.00	1.00	1.00	2.00	3.00
Cashflow From Investing	3.1%	-199	-206	-250	-228	836	-234	-238	-211	-154	-1,721	-993	-176	-144	-183	-203	-213	-200	-240	-230	-273	-207
Cashflow From Financing	107.5%	8.00	-103	-52.11	169	-714	102	159	-274	369	1,697	1,082	78.00	206	104	-84.31	249	-59.03	140	121	124	31.00
Dividend Payments	-100.0%	-	44.00	44.00	44.00	42.00	42.00	42.00	41.00	36.00	36.00	35.00	35.00	33.00	32.00	32.00	31.00	30.00	30.00	30.00	29.00	28.00

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SWX Income Statement

2024-03-31

CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($) shares in Thousands, $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Operating revenues:
Regulated operations revenues	$ 1,052,933	$ 950,011
Utility infrastructure services revenues	528,023	653,293
Total operating revenues	1,580,956	1,603,304
Operating expenses:
Net cost of gas sold	629,997	507,537
Operations and maintenance	135,146	148,908
Depreciation and amortization	119,142	112,520
Taxes other than income taxes	22,903	24,230
Utility infrastructure services expenses	515,643	603,680
Goodwill impairment and loss on sale	0	71,230
Total operating expenses	1,422,831	1,468,105
Operating income	158,125	135,199
Other income and (expenses):
Net interest deductions	(71,605)	(77,334)
Other income	18,121	18,460
Total other (expenses)	(53,484)	(58,874)
Income before income taxes	104,641	76,325
Income tax expense	17,079	28,675
Net income	87,562	47,650
Net income (loss) attributable to noncontrolling interests	(175)	1,739
Net income attributable to Southwest Gas Holdings, Inc.	$ 87,737	$ 45,911
Earnings per share:
Basic (in USD per share)	$ 1.22	$ 0.67
Diluted (in USD per share)	$ 1.22	$ 0.67
Weighted average shares:
Basic (in shares)	71,728	68,265
Diluted (in shares)	71,882	68,419

SWX Balance Sheet

2024-03-31

CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Regulated operations plant:
Gas plant	$ 10,253,377	$ 10,140,362
Less: accumulated depreciation	(2,863,941)	(2,822,669)
Construction work in progress	245,032	200,549
Net regulated operations plant	7,634,468	7,518,242
Other property and investments, net	1,252,861	1,266,340
Current assets:
Cash and cash equivalents	457,952	106,536
Accounts receivable, net of allowance	843,133	886,549
Accrued utility revenue	58,500	93,000
Income taxes receivable, net	7,174	1,935
Deferred purchased gas costs	198,682	552,885
Prepaid and other current assets	214,516	218,832
Current assets held for sale	0	21,377
Total current assets	1,779,957	1,881,114
Noncurrent assets:
Goodwill	787,206	789,729
Deferred income taxes	1,309	463
Deferred charges and other assets	432,193	414,008
Total noncurrent assets	1,220,708	1,204,200
Total assets	11,887,994	11,869,896
Capitalization:
Common stock, $1 par (authorized - 120,000,000 shares; issued and outstanding - 71,665,592 and 71,563,750 shares)	73,295	73,194
Additional paid-in capital	2,547,485	2,541,790
Accumulated other comprehensive loss, net	(46,222)	(43,787)
Retained earnings	781,683	738,839
Total equity	3,356,241	3,310,036
Redeemable noncontrolling interests	7,661	104,667
Long-term debt, less current maturities	4,648,958	4,609,838
Total capitalization	8,012,860	8,024,541
Current liabilities:
Current maturities of long-term debt	42,770	42,552
Short-term debt	644,000	628,500
Accounts payable	264,620	346,907
Customer deposits	52,632	48,460
Income taxes payable, net	744	817
Accrued general taxes	96,676	58,053
Accrued interest	39,985	36,605
Other current liabilities	577,237	522,953
Total current liabilities	1,718,664	1,684,847
Deferred income taxes and other credits:
Deferred income taxes and investment tax credits, net	784,491	752,997
Accumulated removal costs	457,000	458,000
Other deferred credits and other long-term liabilities	914,979	949,511
Total deferred income taxes and other credits	2,156,470	2,160,508
Total capitalization and liabilities	$ 11,887,994	$ 11,869,896

About Southwest Gas Holdings Inc

Southwest Gas Holdings, Inc., through its subsidiaries, distributes and transports natural gas in Arizona, Nevada, and California. It operates through Natural Gas Distribution, Utility Infrastructure Services, and Pipeline and Storage segments. The company also provides trenching, installation, and replacement of underground pipes, as well as maintenance services for energy distribution systems. As of December 31, 2022, it had 2,197,000 residential, commercial, industrial, and other natural gas customers. The company was incorporated in 1931 and is headquartered in Las Vegas, Nevada.

CEO	Ms. Karen S. Haller
WEBSITE	swgasholdings.com
INDUSTRY	Utilities Regulated Electric
EMPLOYEES	13359

Southwest Gas Holdings Inc Frequently Asked Questions

What is the ticker symbol for Southwest Gas Holdings Inc? What does SWX stand for in stocks?

SWX is the stock ticker symbol of Southwest Gas Holdings Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Southwest Gas Holdings Inc (SWX)?

As of Thu May 09 2024, market cap of Southwest Gas Holdings Inc is 5.52 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of SWX stock?

You can check SWX's fair value in chart for subscribers.

What is the fair value of SWX stock?

You can check SWX's fair value in chart for subscribers. The fair value of Southwest Gas Holdings Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Southwest Gas Holdings Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for SWX so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Southwest Gas Holdings Inc a good stock to buy?

The fair value guage provides a quick view whether SWX is over valued or under valued. Whether Southwest Gas Holdings Inc is cheap or expensive depends on the assumptions which impact Southwest Gas Holdings Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for SWX.

What is Southwest Gas Holdings Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Thu May 09 2024, SWX's PE ratio (Price to Earnings) is 28.62 and Price to Sales (PS) ratio is 1.02. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. SWX PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Southwest Gas Holdings Inc's stock?

In the past 10 years, Southwest Gas Holdings Inc has provided 0.063 (multiply by 100 for percentage) rate of return.