Southwest Gas Corp (SWX)
NYSEUtilitiesRegulated GasSnapshot 2026-09-04
NYSEUtilitiesRegulated GasSnapshot 2026-09-04
QuarterlyIQ Insights · SWX
Price, fair value, and the multiples that frame it on the same time axis. Scroll over the price chart to zoom.
Daily closes. Earnings/event dots inline.
A consensus fair price across 9 valuation methods, at three horizons. As of 2026-09-04. Estimates are diagnostics, not price targets. Short-horizon estimates are close to coin-flips, so confidence is a method-agreement read, not a prediction.
Today's peer multiple on trailing earnings, with no growth credited. This is the headline read.
Adds projected growth, so it leans optimistic by design. Read it as upside context, not a base case.
We take the 12-month fair value above and grade our own number — how the market prices this name versus what we'd justify, and where the two diverge.
At $88 SWX trades at 1.6× p/b, below its 2.0× p/b peer median, but our blended $88 fair value is roughly in line with the price. We hold it with medium confidence: our number sits below the analyst range. Analysts target $98–$105. Note: our $88 fair value sits below the entire analyst range ($98–$105). Not investment advice.
One valuation read at a 12-month horizon, plus how price compares to peers and the company's own history.
Score 100 = cheapest in the cohort, 0 = richest. Bars are filled left-to-right based on the peer-relative score (or PEG/self-history where shown).
Each method's implied share price per horizon. Provisional rows use a projected (historical-CAGR) growth input rather than analyst or management guidance.
| Method | Horizon | Est. price | Multiple | Per-share input | EPS source | Confidence |
|---|---|---|---|---|---|---|
| analyst target | 12M | $101.50 | — | — | Analyst | high |
| ddm gordon | 12M | $46.54 | — | — | TTM | high |
| graham number | 12M | $69.49 | — | — | TTM | high |
| Peer P/B | 12M | $111.12 | 2.0 | 56.77 | TTM | high |
| Peer P/E | 12M |
A “consensus-then vs. actual-now” overlay is on the way — what our valuation estimate said on a past date versus where the price actually landed.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
A long-thesis check that carries the widest uncertainty of the three horizons.
Around the middle on quality vs scored peers
A second lens on the 12-month fair value: for companies that score high on measured quality (profitability, balance-sheet safety, earnings stability), this read trusts more of today's profit margins instead of averaging them toward their multi-year history the way the headline number does. Shown alongside the fair value above, not in place of it. A diagnostic, not a price target or a buy/sell signal.
Direction of the business behind the multiple. Bands are backend reads; trailing-12-month basis.
$98.00 – $105.00 (median $103.00) · 3 analysts · as of 2026-08-05
Only a turbulent sector regime (Heating) — not the full expensive x weak x turbulent stack.
For similar setups historically (n=20,154): about 33% saw a 20%+ drawdown, and roughly 76% of those did not recover within the year. These are historical base rates for the cohort, not a forecast of this stock.
Roughly priced in line with peers.
Self-history needs ~20 months of data.
Trailing four: 2025-Q2, 2025-Q3, 2026-Q1, 2026-Q2
Direction of the business behind the multiple. Bands are backend reads; trailing-12-month basis.
| $82.77 |
| 17.6 |
| 4.70 |
| ntm analyst |
| high |
| Peer P/S | 12M | $69.72 | 2.9 | 23.96 | TTM | high |
| PEG | 12M | $223.01 | 59.0 | 3.78 | TTM | high |
| residual income | 12M | $53.72 | — | — | TTM | high |
| triangulated | 12M | $86.29 | 23.1 | 3.74 | Triangulated | high |
| Peer P/B | 3Y | $139.07 | 2.0 | 71.05 | Hist. CAGR(prov.) | medium |
| Peer P/E | 3Y | $106.28 | 17.6 | 6.04 | Analyst | medium |
| Peer P/S | 3Y | $102.37 | 2.9 | 35.18 | Analyst | medium |
| PEG | 3Y | $339.16 | 59.0 | 5.75 | Analyst | medium |
| Peer P/B | 5Y | $161.51 | 2.0 | 82.52 | Hist. CAGR(prov.) | medium |
| Peer P/E | 5Y | $136.47 | 17.6 | 7.75 | Analyst | medium |
| Peer P/S | 5Y | $131.45 | 2.9 | 45.17 | Analyst | medium |
| PEG | 5Y | $448.54 | 59.0 | 7.60 | Analyst | medium |