SWX
Southwest Gas Holdings, Inc. Utilities - Natural Gas Distribution Investor Relations →
Southwest Gas Holdings, Inc. (SWX) closed at $88.48 as of 2026-06-19, trading 30.3% above its 200-week moving average of $67.89. The stock is currently moving closer to the line, down from 31.3% last week. The 14-week RSI sits at 52, indicating neutral momentum.
Trading volume is running at 1.2x of its 14-week average, which is in the normal range. The balance between buying and selling volume (0.96 ratio) is neutral — neither side is clearly dominating.
Over the past 2734 weeks of data, SWX has crossed below its 200-week moving average 42 times. On average, these episodes lasted 16 weeks. Historically, investors who bought SWX at the start of these episodes saw an average one-year return of +6.0%.
With a market cap of $6.4 billion, SWX is a mid-cap stock. Free cash flow yield is currently negative, meaning the company is burning cash. Return on equity stands at 6.1%. The stock trades at 1.6x book value.
Share count has increased 7.6% over three years, indicating dilution.
Over the past 33.5 years, a hypothetical investment of $100 in SWX would have grown to $1956, compared to $3097 for the S&P 500. SWX has returned 9.3% annualized vs 10.8% for the index, underperforming the broader market over this period.
Free cash flow has been volatile over the past several years, making the quality of earnings harder to assess.
Business Health
Annual financials — how the underlying business has performed over the past several years.
Cash Flow Free cash flow & net income ($M)
Revenue Annual revenue ($M) — business growth proxy
Total Debt Balance sheet debt ($M)
ROIC Return on invested capital (%)
FCF Yield Free cash flow / market cap (%) — Yartseva signal
Gross Margin Pricing power & competitive moat (%)
Shares Outstanding Buybacks vs dilution (millions)
Growth of $100: SWX vs S&P 500
Monthly data normalized to $100 at start. Vertical dashed lines mark 200-week MA touches.
What Happens After SWX Crosses Below the Line?
Across 25 historical episodes, buying SWX when it crossed below its 200-week moving average produced an average return of +9.0% after 12 months (median +7.0%), compared to +5.0% for the S&P 500 over the same periods. 67% of those episodes were profitable after one year. After 24 months, the average return was +20.1% vs +14.2% for the index.
Each line shows $100 invested at the moment SWX crossed below its 200-week MA. Bold blue = stock average. Gray dashed = S&P 500 average over same periods.
Bean Score Experimental
The Bean Score measures how far a stock's free cash flow yield has deviated from its own quarterly baseline, normalized by the stock's historical behavior. SWX currently has negative free cash flow, so price-based dislocation levels are not available. The score still tracks yield deviation from baseline.
Quarterly FCF & Yield Trailing twelve-month free cash flow and yield at each quarter end
Signal Accuracy Collecting Data
The Bean Score system is accumulating weekly data to validate signal accuracy. After 13+ weeks of history, this section will display win rates and average returns for each σ threshold crossing — answering the question: "When this score says cheap or expensive, does the price subsequently move in the expected direction?"
Theoretical framework — not backtested or forward-tested. The Bean Score uses trailing twelve-month free cash flow yield as a dislocation identifier. It measures whether the market has pushed a stock's yield unusually far from its own baseline behavior. These levels are reference points for identifying potential swing trade opportunities, not buy/sell signals. FCF values update quarterly with earnings; between reports, all movement is price-driven.
Dislocation Scores Experimental
Each score measures deviation from SWX's own historical baseline — the same idea as the Bean Score, applied to different fundamentals. Positive means cheaper or more dislocated than this stock's norm. Scores marked σ are normalized by the stock's own variability; pp values are simple deltas from its recent baseline.
Theoretical framework — not backtested. These scores describe how unusual today's readings are for this specific company. They are starting points for research, not buy or sell signals. Annual-statement scores (buyback, accruals, FCF vs history) rest on only ~4 yearly data points and are deltas, not sigmas.
Historical Touches
SWX has crossed below its 200-week MA 42 times with an average 1-year return of +6.0% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| Feb 1974 | Dec 1975 | 98 | 39.4% | -26.1% | +3582.9% |
| Apr 1976 | Apr 1976 | 1 | 0.7% | +6.4% | +4243.9% |
| May 1976 | May 1976 | 2 | 0.8% | +7.7% | +4243.9% |
| Nov 1976 | Dec 1976 | 1 | 0.1% | +8.9% | +4189.0% |
| Oct 1978 | Nov 1978 | 3 | 2.5% | +7.5% | +4135.3% |
| Oct 1979 | Nov 1979 | 5 | 4.6% | -7.0% | +3839.9% |
| Dec 1979 | Dec 1979 | 2 | 1.2% | -17.4% | +3839.9% |
| Mar 1980 | May 1980 | 9 | 16.7% | -2.5% | +4135.3% |
| Aug 1980 | Oct 1982 | 113 | 24.7% | -17.4% | +3839.9% |
| Nov 1982 | Jan 1983 | 7 | 4.7% | +29.5% | +4243.9% |
| Feb 1983 | Feb 1983 | 1 | 0.6% | +22.5% | +4135.3% |
| Dec 1988 | Jan 1989 | 3 | 4.2% | +4.8% | +1981.6% |
| Jan 1989 | Apr 1989 | 11 | 4.9% | +0.4% | +1953.1% |
| May 1989 | May 1989 | 1 | 2.2% | +8.8% | +1957.7% |
| Oct 1989 | Apr 1990 | 26 | 6.5% | -21.1% | +1941.1% |
| May 1990 | May 1990 | 1 | 1.5% | -21.4% | +1849.0% |
| Jun 1990 | Mar 1991 | 40 | 30.3% | -25.9% | +1834.9% |
| May 1991 | May 1992 | 55 | 35.3% | +10.1% | +2378.6% |
| Nov 1992 | Nov 1992 | 2 | 1.6% | +40.5% | +2094.1% |
| Jan 1995 | Jan 1995 | 1 | 0.6% | +35.7% | +1765.5% |
| Jan 2000 | Sep 2000 | 35 | 15.4% | +12.5% | +956.9% |
| Nov 2000 | Dec 2000 | 4 | 2.7% | +7.8% | +903.1% |
| Jan 2001 | Jan 2001 | 3 | 2.3% | +18.1% | +877.4% |
| Mar 2001 | Mar 2001 | 1 | 1.0% | +27.2% | +861.8% |
| Sep 2001 | Sep 2001 | 1 | 9.4% | +20.5% | +911.6% |
| Oct 2001 | Dec 2001 | 7 | 2.3% | +6.7% | +818.9% |
| Jul 2002 | Jul 2002 | 2 | 7.4% | +9.7% | +841.8% |
| Aug 2002 | Sep 2002 | 1 | 0.2% | +11.1% | +769.6% |
| Oct 2002 | Oct 2002 | 1 | 2.7% | +17.0% | +790.7% |
| Feb 2003 | May 2003 | 15 | 3.2% | +18.8% | +778.3% |
| Jan 2008 | Jan 2008 | 1 | 0.2% | -6.1% | +464.0% |
| Feb 2008 | Mar 2008 | 6 | 7.4% | -17.2% | +472.6% |
| Jul 2008 | Aug 2008 | 4 | 1.6% | -14.9% | +450.6% |
| Oct 2008 | Nov 2009 | 60 | 37.8% | +14.9% | +544.6% |
| Feb 2010 | Feb 2010 | 2 | 1.9% | +43.1% | +434.2% |
| Feb 2020 | Apr 2020 | 6 | 29.1% | -0.3% | +69.6% |
| Apr 2020 | May 2020 | 4 | 8.3% | -2.6% | +48.2% |
| Jun 2020 | Apr 2021 | 44 | 19.8% | +4.8% | +63.0% |
| Apr 2021 | Aug 2021 | 14 | 11.1% | +30.8% | +52.2% |
| Aug 2021 | Dec 2021 | 16 | 8.4% | +18.5% | +50.8% |
| Jan 2022 | Feb 2022 | 8 | 8.8% | -1.3% | +51.6% |
| Sep 2022 | Feb 2024 | 73 | 17.6% | -9.9% | +44.8% |
| Average | 16 | — | +6.0% | — |
Frequently Asked Questions
Is SWX below its 200-week moving average?
No. Southwest Gas Holdings, Inc. (SWX) is currently 30.3% above its 200-week moving average of $67.89. It would need to fall to $67.89 to cross below the line.
What is SWX's 200-week moving average price?
Southwest Gas Holdings, Inc.'s 200-week moving average is $67.89 as of 2026-06-19. This is the average weekly closing price over roughly the last 4 years, and it acts as a long-term trend line. When a stock drops below this level, it can signal that the price has fallen far enough from the long-term trend to attract value-oriented investors.
What happens when SWX drops below its 200-week moving average?
SWX has crossed below its 200-week moving average 42 times in our data. On average, buying at that moment produced a one-year return of +6.0%. These dips have historically been decent entry points. These episodes lasted 16 weeks on average.
Is SWX a good value right now?
Here's what our data says about SWX as of 2026-06-19: The stock is above its 200-week moving average, so it doesn't currently meet our primary signal. The 14-week RSI is 52. Free cash flow is currently negative. Return on equity is 6.1%. Price-to-book is 1.6x. This is not a buy or sell recommendation — always do your own research.
How does SWX compare to the S&P 500?
Over the past 33.5 years, $100 invested in SWX would have grown to $1956, compared to $3097 for the S&P 500. That's 9.3% annualized vs 10.8% for the index. SWX has underperformed the broader market over this period.
Does SWX pay a dividend?
Yes. Southwest Gas Holdings, Inc. currently pays a dividend yield of 293.00%.
Not financial advice. This is an educational tool. Past performance does not guarantee future results. Do your own research before making investment decisions.
Data as of week of 2026-06-19