Grufity logoGrufity logo
StocksFundsSearch Filings

Southwest Gas Holdings Inc Stock Research

SWX

58.33USD+1.13(+1.98%)Market Closed

Market Summary

USD58.33+1.13
Market Closed
1.98%

SWX Alerts

SWX Stock Price

SWX RSI Chart

SWX Valuation

Market Cap

4.2B

Price/Earnings (Trailing)

-16.41

Price/Sales (Trailing)

0.79

EV/EBITDA

9.86

Price/Free Cashflow

-4.72

SWX Price/Sales (Trailing)

SWX Profitability

EBT Margin

-5.51%

Return on Equity

-6.65%

Return on Assets

-1.54%

Free Cashflow Yield

-21.17%

SWX Fundamentals

SWX Revenue

Revenue (TTM)

5.3B

Revenue Y/Y

26.5%

Revenue Q/Q

12.84%

SWX Earnings

Earnings (TTM)

-253.6M

Earnings Y/Y

-52.26%

Earnings Q/Q

116.36%

Price Action

52 Week Range

53.7993.95
(Low)(High)

Last 7 days

1.6%

Last 30 days

6.1%

Last 90 days

-8.9%

Trailing 12 Months

-36.4%

SWX Financial Health

Current Ratio

1.08

Debt/Equity

0.2

Debt/Cashflow

0.54

SWX Investor Care

Dividend Yield

4.3K%

Dividend/Share (TTM)

2.5K

Shares Dilution (1Y)

6.70%

Diluted EPS (TTM)

-3.9

Peers (Alternatives to Southwest Gas Holdings)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
149.5B
24.8B
-0.20% 0.05%
22.37
6.03
52.66% 359.07%
75.8B
29.1B
-4.30% -5.93%
23.72
2.6
22.05% 47.58%
68.4B
29.0B
-9.81% -19.31%
28.04
2.36
13.41% -29.47%
41.7B
18.1B
-11.15% -38.68%
32.56
2.3
26.26% -57.20%
16.4B
4.6B
-0.13% -0.80%
19.8
3.6
18.96% 14.39%
MID-CAP
4.7B
2.7B
-4.30% 6.88%
16.15
1.77
7.92% 211.22%
4.7B
2.3B
-6.40% -28.94%
8.15
2.03
15.77% 21.92%
4.5B
2.6B
5.20% -6.64%
19.93
1.74
42.54% 7.45%
4.2B
5.3B
6.05% -36.43%
-16.41
0.79
30.38% -241.13%
3.5B
3.2B
-2.85% -15.34%
9.61
1.08
37.93% 23.94%
2.4B
633.7M
-1.31% 26.23%
32.2
3.83
8.66% 32.50%
SMALL-CAP
1.4B
164.4M
5.34% -5.47%
32.76
8.56
11.99% -13.27%
936.7M
1.5B
-4.04% -8.12%
10.05
0.64
3.70% -39.49%
480.2M
2.1B
-0.89% 42.83%
32.01
0.23
18.49% -75.24%
186.3M
94.2M
-4.74% -5.29%
-5.81
1.98
19.34% -457.69%

Financials for Southwest Gas Holdings

Income Statement (Last 12 Months)
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q12022Q42022Q32022Q22022Q1
Revenue6.8%5,2964,9604,6244,3874,062
EBITDA-46.9%440829772762-
EBITDA Margin-50.5%0.09*0.18*0.18*0.19*-
Earnings Before Taxes-16.5%-318-273174176218
EBT Margin-246.3%-0.06*0.04*0.04*0.05*-
Interest Expenses11.9%272243204171144
Net Income-24.7%-253-203147148180
Net Income Margin-228.7%-0.04*0.03*0.03*0.04*-
Free Cahsflow1.4%-451-458-371-375-
Balance Sheet
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q12022Q42022Q32022Q22022Q1
Assets-10.5%11,81013,19713,10312,92313,249
  Current Assets-39.1%2,2583,7081,7101,6442,047
    Cash Equivalents-33.3%82.00123175216625
  Goodwill0.0%7877871,7431,7501,774
  Current Liabilities-53.0%1,6103,4231,3142,3502,630
.    Short Term Borrowings-69.7%4681,5433811,4631,474
    LT Debt, Current-5.9%42.0045.0041.0041.00291
    LT Debt, Non Current4.0%4,5784,4035,8664,5884,560
Shareholder's Equity7.8%3,2963,0593,4133,4593,489
  Retained Earnings-0.6%7437471,1111,1561,191
  Additional Paid-In Capital10.4%2,5252,2872,2832,2792,274
Accumulated Depreciation4.5%595570540--
Shares Outstanding6.3%71.0067.0067.0067.0067.00
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2023Q12022Q42022Q32022Q22022Q1
Cashflow From Operations-91.4%35.00407363374350
  Share Based Compensation-7.9%9.009.009.0011.0010.00
Cashflow From Investing118.0%151-838-2,325-3,080-3,045
Cashflow From Financing-304.2%-7273561,9512,8753,227
  Dividend Payments3.5%166161155149142

Risks for SWX

What is the probability of a big loss on SWX?

48.1%


Probability that Southwest Gas Holdings stock will be more than 20% underwater in next one year

28.1%


Probability that Southwest Gas Holdings stock will be more than 30% underwater in next one year.

10.8%


Probability that Southwest Gas Holdings stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does SWX drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Southwest Gas Holdings was unfortunately bought at previous high price.

Drawdowns

Returns for SWX

Cumulative Returns on SWX

4.7%


10-Year Cumulative Returns

0.1%


7-Year Cumulative Returns

-1.9%


5-Year Cumulative Returns

-5.4%


3-Year Cumulative Returns

What are the long-term rolling returns for SWX?

FIve years rolling returns for Southwest Gas Holdings.

Annualized Returns

Which funds bought or sold SWX recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-05-22
AMERIPRISE FINANCIAL INC
reduced
-35.2
-3,650,650
6,901,350
-%
2023-05-19
CHELSEA COUNSEL CO
reduced
-48.05
-11,334
12,490
0.01%
2023-05-18
NEW YORK STATE COMMON RETIREMENT FUND
added
319
14,128,000
18,491,000
0.03%
2023-05-18
JPMORGAN CHASE & CO
added
21.98
4,217,000
22,470,000
-%
2023-05-17
Advisory Services Network, LLC
added
4.83
1,040
18,985
-%
2023-05-17
Thrivent Financial for Lutherans
added
4.36
54,000
1,071,000
-%
2023-05-16
JANE STREET GROUP, LLC
new
-
1,032,360
1,032,360
-%
2023-05-16
SUSQUEHANNA INTERNATIONAL GROUP, LLP
added
91.64
1,318,520
2,730,060
-%
2023-05-16
Rockefeller Capital Management L.P.
sold off
-100
-19,000
-
-%
2023-05-16
MERCER GLOBAL ADVISORS INC /ADV
added
12.48
66,000
555,000
-%

1–10 of 48

Latest Funds Activity

Are funds buying SWX calls or puts?
Calls
Puts
Are funds bullish or bearish(Calls - Puts)?
Net Call Options
No. of funds that own SWX
No. of Funds

Southwest Gas Holdings News

MarketBeat
Southwest Gas Holdings, Inc. (NYSE:SWX) Expected to Post Q1 ....
MarketBeat,
44 hours ago
DirectorsTalk Interviews

Schedule 13G FIlings of Southwest Gas Holdings

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
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
Oct 26, 2022
icahn carl c
4.1%
2,752,775
SC 13D/A
Sep 06, 2022
icahn carl c
4.1%
2,698,114
SC 13D/A
Aug 16, 2022
icahn carl c
3.6%
2,417,506
SC 13D/A
Jun 03, 2022
icahn carl c
3.2%
2,113,577
SC 13D

SWX Fair Value

Southwest Gas Holdings fair value in different scenarios

The table shows the Fair Value estimates for Southwest Gas Holdings for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
Fair ValueVery PessimisticPessimisticBase CaseOptimisticVery Optimistic
Very Low Inflation

77.53

32.92%

98.29

68.51%

139.06

138.40%

187.96

222.24%

236.63

305.67%
Current Inflation

70.89

21.53%

88.59

51.88%

122.98

110.83%

163.95

181.07%

204.64

250.83%
Very High Inflation

62.71

7.51%

76.87

31.78%

104.02

78.33%

136.10

133.33%

167.89

187.83%

Historical Southwest Gas Holdings Fair Value Estimates


Very Pessimistic Case
Pessimistic Case
Fair Value
Optimistic Case
Very Optimistic Case
Closing Stock Price

Recent SEC filings of Southwest Gas Holdings

View All Filings
Date Filed Form Type Document
May 26, 2023
4
Insider Trading
May 24, 2023
4
Insider Trading
May 19, 2023
3/A
Insider Trading
May 18, 2023
8-K
Current Report
May 09, 2023
10-Q
Quarterly Report
May 09, 2023
8-K
Current Report
May 09, 2023
8-K
Current Report
Apr 28, 2023
8-K
Current Report
Apr 17, 2023
8-K
Current Report
Apr 04, 2023
8-K
Current Report

Latest Insider Trading transactions for SWX

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-05-24
ICAHN CARL C
bought
909,184
57.98
15,681
-
2023-05-23
ICAHN CARL C
bought
188,641
57.99
3,253
-
2023-05-22
ICAHN CARL C
bought
4,093,250
57.91
70,683
-
2023-03-29
Daily Paul M
acquired
-
-
20,616
ceo/centuri group, inc.
2023-03-29
Gabe Randall P.
acquired
-
-
2,817
svp/chief administrative ofc
2023-03-29
Moran Thomas E.
acquired
-
-
1,648
vp/general counsel/corp. sec
2023-03-29
Stefani Robert J
acquired
-
-
6,755
svp/chief financial officer
2023-03-29
Brown Justin L
acquired
-
-
5,659
president/southwest gas corp.
2023-03-29
Colvin Lori L
acquired
-
-
1,454
vp/controller/cao
2023-03-29
Timperley Amy L.
acquired
-
-
2,111
svp/chief reg. & fin. planning

1–10 of 50

Karen S. Haller
12700
Southwest Gas Holdings, Inc., through its subsidiaries, distributes and transports natural gas in Arizona, Nevada, and California. The company operates through Natural Gas Distribution, Utility Infrastructure Services, and Pipeline and Storage segments. It also provides trenching, installation, and replacement of underground pipes, as well as maintenance services for energy distribution systems. As of December 31, 2021, it had 2,159,000 residential, commercial, industrial, and other natural gas customers. Southwest Gas Holdings, Inc. was incorporated in 1931 and is headquartered in Las Vegas, Nevada.

SWX Income Statement

2023-03-31
CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended12 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Mar. 31, 2023
Mar. 31, 2022
Operating revenues:    
Regulated operations revenues$ 950,011$ 743,532$ 2,406,161$ 1,743,390
Utility infrastructure services revenues653,293523,8772,889,7432,318,563
Total operating revenues1,603,3041,267,4095,295,9044,061,953
Operating expenses:    
Net cost of gas sold507,537298,9181,007,679573,804
Operations and maintenance148,908149,303636,371515,759
Depreciation and amortization112,520122,646460,329400,245
Taxes other than income taxes24,23024,81692,79784,472
Utility infrastructure services expenses603,680503,2322,629,7662,123,085
Goodwill impairment and loss on sale71,2300526,6550
Total operating expenses1,468,1051,098,9155,353,5973,697,365
Operating income135,199168,494(57,693)364,588
Other income and (expenses):    
Net interest deductions(77,334)(48,363)(271,721)(143,597)
Other income (deductions)18,4601,24411,027(2,703)
Total other income and (expenses)(58,874)(47,119)(260,694)(146,300)
Income (loss) before income taxes76,325121,375(318,387)218,288
Income tax expense28,67524,125(71,103)32,681
Net income (loss)47,65097,250(247,284)185,607
Net income attributable to noncontrolling interests1,7391,0726,2735,943
Segment net income (loss)$ 45,911$ 96,178$ (253,557)$ 179,664
Earnings (loss) per share:    
Basic (in USD per share)$ 0.67$ 1.58$ (3.76)$ 3.00
Diluted (in USD per share)$ 0.67$ 1.58$ (3.76)$ 2.99
Weighted average shares:    
Basic (in shares)68,26560,73767,41359,919
Diluted (in shares)68,41960,85467,41360,044

SWX Balance Sheet

2023-03-31
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2023
Dec. 31, 2022
Regulated operations plant:  
Gas plant$ 9,583,630$ 9,453,907
Less: accumulated depreciation(2,712,093)(2,674,157)
Construction work in progress250,892244,750
Net regulated operations plant7,122,4297,024,500
Other property and investments, net1,250,3271,281,172
Current assets:  
Cash and cash equivalents82,085123,078
Accounts receivable, net of allowance903,262866,246
Accrued utility revenue56,90088,100
Income taxes receivable, net8,1368,738
Deferred purchased gas costs970,339450,120
Prepaid and other current assets210,309433,850
Current assets held for sale26,9931,737,530
Total current assets2,258,0243,707,662
Noncurrent assets:  
Goodwill787,334787,250
Deferred income taxes11582
Deferred charges and other assets391,944395,948
Total noncurrent assets1,179,3931,183,280
Total assets11,810,17313,196,614
Capitalization:  
Common stock, $1 par (authorized - 120,000,000 shares; issued and outstanding - 71,330,991 and 67,119,143 shares)72,96168,749
Additional paid-in capital2,524,6312,287,183
Accumulated other comprehensive loss, net(43,949)(44,242)
Retained earnings742,513747,069
Total equity3,296,1563,058,759
Redeemable noncontrolling interests127,026159,349
Long-term debt, less current maturities4,577,6004,403,299
Total capitalization8,000,7827,621,407
Current liabilities:  
Current maturities of long-term debt41,90744,557
Short-term debt467,5001,542,806
Accounts payable310,748662,090
Customer deposits50,35051,182
Income taxes payable, net7392,690
Accrued general taxes101,57967,094
Accrued interest45,64138,556
Other current liabilities592,022369,743
Current liabilities held for sale0644,245
Total current liabilities1,610,4863,422,963
Deferred income taxes and other credits:  
Deferred income taxes and investment tax credits, net733,199682,067
Accumulated removal costs450,000445,000
Other deferred credits and other long-term liabilities1,015,7061,025,177
Total deferred income taxes and other credits2,198,9052,152,244
Total capitalization and liabilities$ 11,810,173$ 13,196,614