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Southwest Gas Holdings Inc Stock Research

SWX

62.44USD-0.58(-0.92%)Delayedas of 21 Sep 2023, 01:48 pm
Watchlist

Market Summary

USD62.44-0.58
Delayedas of 21 Sep 2023, 01:48 pm
-0.92%

SWX Alerts

  • 1 major insider buys recently.
  • Big jump in Earnings (Y/Y)

SWX Stock Price

SWX RSI Chart

SWX Valuation

Market Cap

4.5B

Price/Earnings (Trailing)

-20.65

Price/Sales (Trailing)

0.83

EV/EBITDA

8.94

Price/Free Cashflow

-5.82

SWX Price/Sales (Trailing)

SWX Profitability

EBT Margin

-6.01%

Return on Equity

-7.69%

Return on Assets

-2.15%

Free Cashflow Yield

-17.19%

SWX Fundamentals

SWX Revenue

Revenue (TTM)

5.4B

Revenue Y/Y

12.87%

Revenue Q/Q

-19.31%

SWX Earnings

Earnings (TTM)

-218.1M

Earnings Y/Y

539.21%

Earnings Q/Q

-37.1%

Price Action

52 Week Range

53.7979.39
(Low)(High)

Last 7 days

0.0%

Last 30 days

-1.3%

Last 90 days

2.9%

Trailing 12 Months

-20.9%

SWX Financial Health

Current Ratio

1.4

SWX Investor Care

Dividend Yield

3.9K%

Dividend/Share (TTM)

2.5K

Shares Dilution (1Y)

6.61%

Diluted EPS (TTM)

-3.4

Historical Charts for Stock Metrics

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

Latest Insider Trading transactions for SWX

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-09-12
ICAHN CARL C
bought
2,732,480
61.79
44,222
-
2023-09-11
ICAHN CARL C
bought
3,793,440
61.48
61,702
-
2023-09-08
ICAHN CARL C
bought
1,323,030
60.67
21,807
-
2023-06-02
ICAHN CARL C
bought
28,241
57.99
487
-
2023-06-01
ICAHN CARL C
bought
531,478
57.99
9,165
-
2023-05-26
ICAHN CARL C
bought
1,608,960
57.87
27,803
-
2023-05-25
ICAHN CARL C
bought
11,298,500
57.35
197,009
-
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
-

1–10 of 50

Which funds bought or sold SWX recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-09-07
ST GERMAIN D J CO INC
new
-
17,567
17,567
-%
2023-08-24
Alberta Investment Management Corp
new
-
482,467
482,467
-%
2023-08-23
Stonebridge Capital Advisors LLC
sold off
-100
-6,472
-
-%
2023-08-22
COMERICA BANK
new
-
5,000
5,000
-%
2023-08-21
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
reduced
-0.56
71,137
5,336,670
0.01%
2023-08-21
OSAIC HOLDINGS, INC.
reduced
-9.65
-39,840
453,554
-%
2023-08-21
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY
added
3.06
104,000
2,176,000
0.02%
2023-08-17
Orion Portfolio Solutions, LLC
reduced
-2.97
-5,187
463,563
-%
2023-08-16
Nuveen Asset Management, LLC
added
8.05
1,104,960
12,012,000
-%
2023-08-15
WELLS FARGO & COMPANY/MN
added
18.25
803,716
4,720,150
-%

1–10 of 48

Latest Funds Activity

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

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

Recent SEC filings of Southwest Gas Holdings

View All Filings
Date Filed Form Type Document
Sep 12, 2023
4
Insider Trading
Sep 07, 2023
4
Insider Trading
Aug 29, 2023
3/A
Insider Trading
Aug 09, 2023
8-K
Current Report
Aug 09, 2023
10-Q
Quarterly Report
Jul 19, 2023
8-K
Current Report
Jun 29, 2023
11-K
Employee Benefit Details
Jun 23, 2023
4
Insider Trading

SWX Fair Value

Loading...

Peers (Alternatives to Southwest Gas Holdings)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
136.3B
26.9B
0.40% -21.00%
16.83
5.06
54.09% 213.91%
77.8B
27.7B
5.31% -6.82%
26.71
2.81
6.94% 1.01%
72.8B
29.0B
5.29% -8.82%
54.34
2.5
9.50% -63.85%
40.2B
18.3B
-0.31% -38.65%
17.22
2.19
22.87% 3.51%
16.8B
4.4B
-2.21% 1.85%
20.04
3.81
8.97% 11.64%
MID-CAP
4.9B
2.2B
-0.60% -23.40%
8.71
2.18
6.32% 13.44%
4.5B
5.4B
-1.32% -20.92%
-20.65
0.83
24.09% -247.40%
4.1B
2.6B
0.08% -5.91%
18.29
1.59
14.98% 6.74%
4.1B
2.4B
-1.63% -5.66%
14.57
1.72
-10.32% 28.71%
3.1B
3.2B
-0.24% -15.44%
9.1
0.98
29.93% 19.75%
2.0B
641.5M
-4.91% -0.74%
22.62
3.11
10.61% 68.66%
SMALL-CAP
944.3M
1.4B
1.71% -7.60%
10.13
0.65
-2.16% -49.04%
451.4M
2.0B
6.29% 46.17%
268.56
0.23
1.85% -97.29%
180.4M
99.1M
-3.06% -18.43%
-159.6
1.82
18.80% 94.44%
1.2M
167.5M
-11.66% -19.59%
0.03
0.01
11.84% -6.17%

Southwest Gas Holdings News

Best Stocks
Southwest Gas Holdings, Inc. Receives 'Reduce' Recommendation ....
Best Stocks,
11 hours ago
GuruFocus.com

Returns for SWX

Cumulative Returns on SWX

5.4%


10-Year Cumulative Returns

0.6%


7-Year Cumulative Returns

-2.0%


5-Year Cumulative Returns

3.1%


3-Year Cumulative Returns

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

33.9%


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

Financials for Southwest Gas Holdings

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Last 12 Months)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Revenue2.8%5,4435,2964,9604,6244,3874,0623,6803,5103,4133,3483,2993,2333,1673,1233,1203,0583,0012,9592,8802,8342,759
EBITDA-100.0%-414440829772762737764788800748726702676685------
EBITDA Margin-100.0%-0.08*0.09*0.18*0.18*0.19*0.20*0.22*0.23*0.24*0.23*0.22*0.22*0.22*0.22*------
Interest Expenses5.9%28827224320417114411911010710711111211111110910710410097.0092.0087.00
Earnings Before Taxes14.3%-272-318-273174176218247300338355305289271251273258264262243260257
EBT Margin100.0%--0.06*-0.06*0.04*0.04*0.05*0.07*0.09*0.10*0.11*0.09*0.09*0.09*0.08*0.09*------
Net Income14.0%-218-253-203147148180201234264277232220208192214192199198182209207
Net Income Margin100.0%--0.05*-0.04*0.03*0.03*0.04*0.05*0.07*0.08*0.08*0.07*0.07*0.07*0.06*0.07*------
Free Cashflow100.0%--880-451-458-371-375-604-509-487-465-199-241-292-354-437------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Assets1.2%11,95111,81013,19713,10312,92313,24912,76510,3709,0398,9298,7368,4308,4268,0938,1707,8407,6677,5697,3586,6556,476
  Current Assets-0.8%2,2402,2583,7081,7101,6442,0471,6151,3931,0071,001871733867673860765752830840721696
    Cash Equivalents169.7%22182.0012317521662522318748.0092.0083.0024.0020061.0050.0028.0038.0097.0085.0069.0035.00
  Goodwill0.3%7907877871,7431,7501,7741,781792348347345340338334343340346364359176174
  Current Liabilities-34.3%1,0571,6103,4231,3142,3502,6303,1121,3551,2721,0369128399189801,080782727974939713664
  Short Term Borrowings-96.7%16.004681,5433811,4631,4741,90927231831010754.0058.0015721130.00-18815232.0023.00
    LT Debt, Current0.5%42.0042.0045.0041.0041.0029129729731967.0040.0045.0017217016438.0037.0035.0033.0033.0032.00
    LT Debt, Non Current15.5%5,2854,5784,4035,8664,5884,5604,1163,5742,4792,6972,7322,6862,6392,3102,3002,4622,3732,1062,1072,1242,038
Shareholder's Equity-1.0%3,2633,2963,0593,4133,4593,4892,9542,9102,8472,7742,6752,6192,6112,5482,5062,4242,4192,3472,2521,9461,933
  Retained Earnings-6.1%6977437471,1111,1561,1911,1141,0801,1081,1121,0681,0541,0861,0801,0399771,0021,010944903916
  Additional Paid-In Capital0.4%2,5342,5252,2872,2832,2792,2741,8241,8241,7341,6601,6091,5601,5241,4701,4671,4381,4101,3331,3061,0461,022
Shares Outstanding0.2%71.0071.0067.0067.0067.0061.0060.0060.0059.0058.0057.0056.0055.0055.0055.0055.0054.0053.0053.0049.0049.00
Minority Interest-------------------0.45-0.45-0.45-0.45
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Cashflow From Operations344.5%15635.00407363374350111190252302626610597584500500560536529478419
  Share Based Compensation-6.8%8.009.009.009.0011.0010.009.009.009.008.007.007.007.007.007.007.008.007.006.006.006.00
Cashflow From Investing-11.0%134151-838-2,325-3,080-3,045-3,035-1,497-708-746-802-859-885-945-951-1,160-1,147-1,052-999-807-776
Cashflow From Financing60.9%-284-7273561,9512,8753,2273,0631,470304475210245450325415621591548513339363
  Dividend Payments1.7%16916616115514914213813413112812612312111911611210810410098.0096.00

SWX Income Statement

2023-06-30
CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended6 Months Ended12 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Operating revenues:      
Regulated operations revenues$ 487,866$ 440,030$ 1,437,877$ 1,183,562$ 2,453,997$ 1,890,624
Utility infrastructure services revenues805,779706,0901,459,0721,229,9672,989,4322,496,028
Total operating revenues1,293,6451,146,1202,896,9492,413,5295,443,4294,386,652
Operating expenses:      
Net cost of gas sold231,053147,860738,590446,7781,090,872645,168
Operations and maintenance128,795175,791277,703325,094589,375586,717
Depreciation and amortization111,705108,010224,225230,656464,024425,407
Taxes other than income taxes21,60422,60645,83447,42291,79587,740
Utility infrastructure services expenses715,717646,1931,319,3971,149,4252,699,2902,290,638
Goodwill impairment and loss on sale0071,2300526,6550
Total operating expenses1,208,8741,100,4602,676,9792,199,3755,462,0114,035,670
Operating income (loss)84,77145,660219,970214,154(18,582)350,982
Other income and (expenses):      
Net interest deductions(69,347)(53,206)(146,681)(101,569)(287,862)(170,864)
Other income (deductions)19,604(2,835)38,064(1,591)33,466(4,227)
Total other income and (expenses)(49,743)(56,041)(108,617)(103,160)(254,396)(175,091)
Income (loss) before income taxes35,028(10,381)111,353110,994(272,978)175,891
Income tax expense (benefit)4,769(4,300)33,44419,825(62,034)22,839
Net income (loss)30,259(6,081)77,90991,169(210,944)153,052
Net income attributable to noncontrolling interests1,3814943,1201,5667,1605,082
Net income (loss) attributable to Southwest Gas Holdings, Inc.$ 28,878$ (6,575)$ 74,789$ 89,603$ (218,104)$ 147,970
Earnings (loss) per share:      
Basic (in USD per share)$ 0.40$ (0.10)$ 1.07$ 1.40$ (3.18)$ 2.39
Diluted (in USD per share)$ 0.40$ (0.10)$ 1.07$ 1.40$ (3.18)$ 2.38
Weighted average shares:      
Basic (in shares)71,53667,04569,90163,90968,54262,022
Diluted (in shares)71,72267,04570,07264,04168,54262,157

SWX Balance Sheet

2023-06-30
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2023
Dec. 31, 2022
Regulated operations plant:  
Gas plant$ 9,741,687$ 9,453,907
Less: accumulated depreciation(2,743,845)(2,674,157)
Construction work in progress254,872244,750
Net regulated operations plant7,252,7147,024,500
Other property and investments, net1,267,7621,281,172
Current assets:  
Cash and cash equivalents221,367123,078
Accounts receivable, net of allowance936,161866,246
Accrued utility revenue43,20088,100
Income taxes receivable, net6,8048,738
Deferred purchased gas costs785,588450,120
Prepaid and other current assets220,291433,850
Current assets held for sale26,8021,737,530
Total current assets2,240,2133,707,662
Noncurrent assets:  
Goodwill789,617787,250
Deferred income taxes9982
Deferred charges and other assets400,517395,948
Total noncurrent assets1,190,2331,183,280
Total assets11,950,92213,196,614
Capitalization:  
Common stock, $1 par (authorized - 120,000,000 shares; issued and outstanding - 71,473,472 and 67,119,143 shares)73,10368,749
Additional paid-in capital2,534,2232,287,183
Accumulated other comprehensive loss, net(41,458)(44,242)
Retained earnings696,958747,069
Total equity3,262,8263,058,759
Redeemable noncontrolling interests158,180159,349
Long-term debt, less current maturities5,284,8444,403,299
Total capitalization8,705,8507,621,407
Current liabilities:  
Current maturities of long-term debt42,12044,557
Short-term debt15,5001,542,806
Accounts payable273,950662,090
Customer deposits48,41451,182
Income taxes payable, net1,3222,690
Accrued general taxes62,80367,094
Accrued interest38,53038,556
Other current liabilities574,769369,743
Current liabilities held for sale0644,245
Total current liabilities1,057,4083,422,963
Deferred income taxes and other credits:  
Deferred income taxes and investment tax credits, net740,886682,067
Accumulated removal costs452,000445,000
Other deferred credits and other long-term liabilities994,7781,025,177
Total deferred income taxes and other credits2,187,6642,152,244
Total capitalization and liabilities$ 11,950,922$ 13,196,614
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.