Atmos Energy Corporation (NYSE:ATO - Get Free Report)'s stock price reached a new 52-week high during trading on Tuesday . The stock traded as high as $177.95 and last traded at $177.69, with a volume of 232044 shares traded. The stock had previously closed at $175.54.
Analyst Ratings Changes
Several equities research analysts have recently commented on the stock. Wall Street Zen raised shares of Atmos Energy from a "sell" rating to a "hold" rating in a research report on Sunday, August 17th. UBS Group reissued a "neutral" rating and set a $159.00 price target (up from $146.00) on shares of Atmos Energy in a research report on Wednesday, July 30th. Barclays set a $175.00 price target on shares of Atmos Energy in a research report on Thursday, October 9th. Mizuho lifted their price target on shares of Atmos Energy from $164.00 to $170.00 and gave the company a "neutral" rating in a research report on Friday, September 26th. Finally, Weiss Ratings reissued a "buy (b+)" rating on shares of Atmos Energy in a research report on Wednesday, October 8th. One analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and six have given a Hold rating to the company's stock. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average price target of $164.70.
Read Our Latest Report on Atmos Energy
Atmos Energy Stock Performance
The firm has a market capitalization of $28.52 billion, a P/E ratio of 24.41, a price-to-earnings-growth ratio of 3.06 and a beta of 0.74. The company has a current ratio of 1.37, a quick ratio of 1.25 and a debt-to-equity ratio of 0.67. The business's 50 day simple moving average is $166.63 and its two-hundred day simple moving average is $159.16.
Atmos Energy (NYSE:ATO - Get Free Report) last released its quarterly earnings data on Wednesday, August 6th. The utilities provider reported $1.16 earnings per share for the quarter, missing analysts' consensus estimates of $1.17 by ($0.01). The firm had revenue of $838.77 million for the quarter, compared to the consensus estimate of $848.97 million. Atmos Energy had a net margin of 25.05% and a return on equity of 9.00%. During the same quarter in the prior year, the business posted $1.08 earnings per share. Sell-side analysts anticipate that Atmos Energy Corporation will post 7.18 EPS for the current fiscal year.
Atmos Energy Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Monday, September 8th. Stockholders of record on Monday, August 25th were paid a $0.87 dividend. The ex-dividend date was Monday, August 25th. This represents a $3.48 dividend on an annualized basis and a dividend yield of 2.0%. Atmos Energy's payout ratio is currently 47.80%.
Institutional Trading of Atmos Energy
A number of large investors have recently made changes to their positions in the stock. Brighton Jones LLC bought a new stake in Atmos Energy during the fourth quarter valued at approximately $233,000. GAMMA Investing LLC lifted its holdings in Atmos Energy by 41.7% during the first quarter. GAMMA Investing LLC now owns 1,825 shares of the utilities provider's stock valued at $282,000 after purchasing an additional 537 shares in the last quarter. SG Americas Securities LLC lifted its holdings in Atmos Energy by 248.7% during the first quarter. SG Americas Securities LLC now owns 8,150 shares of the utilities provider's stock valued at $1,260,000 after purchasing an additional 5,813 shares in the last quarter. Fifth Third Bancorp lifted its holdings in Atmos Energy by 25.9% during the first quarter. Fifth Third Bancorp now owns 5,874 shares of the utilities provider's stock valued at $908,000 after purchasing an additional 1,209 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC lifted its holdings in shares of Atmos Energy by 30.9% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 12,776 shares of the utilities provider's stock worth $1,975,000 after buying an additional 3,015 shares in the last quarter. 90.17% of the stock is currently owned by institutional investors.
About Atmos Energy
(
Get Free Report)
Atmos Energy Corporation, together with its subsidiaries, engages in the regulated natural gas distribution, and pipeline and storage businesses in the United States. It operates through two segments, Distribution, and Pipeline and Storage. The Distribution segment is involved in the regulated natural gas distribution and related sales operations in eight states.
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