SWX's Undervalued Stock: Southwest Gas Holdings' Impressive Financials
Southwest Gas Holdings Inc., through its subsidiary Southwest Gas Corporation, operates in the natural gas distribution segment. This segment focuses on purchasing, distributing, and transporting natural gas to residential and commercial customers in Arizona, Nevada, and California.
The company's financials are impressive, with a net income of USD 1.94B for the latest annual period. Additionally, Southwest Gas Holdings is known for its high dividend payouts, boasting a dividend payout ratio of 89.94%.
Investors may find this stock undervalued, considering its price-to-earnings (PE) ratio of 13.86 falls within a low 3-year percentile range.