Transportadora De Gas Sa Ord B (NYSE:TGS) Receives Average Rating of "Moderate Buy" from Analysts

Key Points

• Analyst consensus: Five analysts rate TGS a "Moderate Buy" (three buys, two holds) with an average 12‑month price target of $39.50.
• Shares opened at $33.76 (12‑month range $19.74–$36.35); the company has a $5.08B market cap, a PE of 16.07, reported $0.57 EPS last quarter and analysts forecast ~1.96 EPS for the year.
• Institutional activity is limited (only 3.29% owned by institutions) but recent notable inflows include large stake increases from VanEck and BNP Paribas.

Transportadora De Gas Sa Ord B (NYSE:TGS - Get Free Report) has earned a consensus rating of "Moderate Buy" from the five analysts that are currently covering the firm, MarketBeat.com reports. Two investment analysts have rated the stock with a hold recommendation and three have given a buy recommendation to the company. The average 12-month price objective among brokerages that have issued a report on the stock in the last year is $39.50.

TGS has been the subject of a number of research analyst reports. Wall Street Zen lowered Transportadora De Gas Sa Ord B from a "buy" rating to a "hold" rating in a report on Sunday, March 15th. Zacks Research lowered Transportadora De Gas Sa Ord B from a "strong-buy" rating to a "hold" rating in a report on Monday, January 26th. Finally, Weiss Ratings reiterated a "hold (c)" rating on shares of Transportadora De Gas Sa Ord B in a report on Monday, December 29th.

Transportadora De Gas Sa Ord B Stock Down 2.4%

Shares of TGS stock opened at $33.76 on Thursday. Transportadora De Gas Sa Ord B has a 12 month low of $19.74 and a 12 month high of $36.35. The firm has a market cap of $5.08 billion, a PE ratio of 16.07, a price-to-earnings-growth ratio of 1.31 and a beta of 0.76. The stock has a 50 day moving average of $31.33 and a 200-day moving average of $29.35. The company has a quick ratio of 3.67, a current ratio of 3.72 and a debt-to-equity ratio of 0.24.

Transportadora De Gas Sa Ord B (NYSE:TGS - Get Free Report) last issued its quarterly earnings results on Saturday, February 14th. The energy company reported $0.57 EPS for the quarter. Transportadora De Gas Sa Ord B had a return on equity of 14.05% and a net margin of 24.28%.The company had revenue of $326.20 million during the quarter. On average, equities analysts predict that Transportadora De Gas Sa Ord B will post 1.96 EPS for the current year.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. Van ECK Associates Corp raised its stake in shares of Transportadora De Gas Sa Ord B by 536.6% in the fourth quarter. Van ECK Associates Corp now owns 4,348 shares of the energy company's stock valued at $135,000 after purchasing an additional 3,665 shares in the last quarter. Uniplan Investment Counsel Inc. acquired a new position in shares of Transportadora De Gas Sa Ord B in the fourth quarter valued at $205,000. Vident Advisory LLC acquired a new position in shares of Transportadora De Gas Sa Ord B in the fourth quarter valued at $234,000. Invesco Ltd. acquired a new position in shares of Transportadora De Gas Sa Ord B in the fourth quarter valued at $255,000. Finally, BNP Paribas Financial Markets raised its stake in shares of Transportadora De Gas Sa Ord B by 1,027.7% in the third quarter. BNP Paribas Financial Markets now owns 8,390 shares of the energy company's stock valued at $176,000 after purchasing an additional 7,646 shares in the last quarter. 3.29% of the stock is currently owned by institutional investors and hedge funds.

About Transportadora De Gas Sa Ord B

Transportadora de Gas del Sur SA NYSE: TGS is an Argentina‐based midstream energy company principally engaged in the transportation, storage and processing of natural gas. Established in 1992 following the privatization of the state‐owned gas utility, TGS operates one of the country's largest pipeline networks, carrying gas from production basins in the Neuquén and Golfo San Jorge regions to major consumption markets in Buenos Aires and beyond. The company's infrastructure supports both domestic supply and export volumes bound for neighboring countries.

In addition to its core pipeline business, TGS maintains a significant gas processing division that extracts natural gas liquids (NGL) and produces liquefied petroleum gas (LPG) and other by‐products.

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