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

Key Points

• Analysts rate Transportadora De Gas (NYSE:TGS) an average of "Moderate Buy" from five brokerages (3 buys, 2 holds) with a one‑year consensus price target of $39.50.
• Several institutional investors have recently increased or initiated positions—most notably Fifth Third (+116%) and VanEck (+536.6%)—with institutions now owning about 3.29% of the company.
• TGS opened at $29.26, trades in a 52‑week range of $19.74–$36.35, has a $4.41B market cap and reported last-quarter EPS of $0.57 while analysts expect roughly 2.6 EPS for the current year.

Shares of Transportadora De Gas Sa Ord B (NYSE:TGS - Get Free Report) have been assigned an average recommendation of "Moderate Buy" from the five brokerages that are presently covering the firm, Marketbeat Ratings reports. Two analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The average 1 year price target among brokerages that have updated their coverage on the stock in the last year is $39.50.

Several brokerages have recently commented on TGS. Wall Street Zen downgraded shares of Transportadora De Gas Sa Ord B from a "buy" rating to a "hold" rating in a research note on Sunday, March 15th. Zacks Research downgraded shares of Transportadora De Gas Sa Ord B from a "strong-buy" rating to a "hold" rating in a research note on Monday, January 26th.

Institutional Investors Weigh In On Transportadora De Gas Sa Ord B

Institutional investors and hedge funds have recently made changes to their positions in the company. Fifth Third Bancorp boosted its stake in shares of Transportadora De Gas Sa Ord B by 116.0% in the 1st quarter. Fifth Third Bancorp now owns 1,657 shares of the energy company's stock valued at $57,000 after purchasing an additional 890 shares in the last quarter. Van ECK Associates Corp boosted its stake in shares of Transportadora De Gas Sa Ord B by 536.6% in the 4th 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. Janney Montgomery Scott LLC acquired a new stake in shares of Transportadora De Gas Sa Ord B in the 1st quarter valued at $210,000. Uniplan Investment Counsel Inc. acquired a new stake in shares of Transportadora De Gas Sa Ord B in the 4th quarter valued at $205,000. Finally, Vident Advisory LLC acquired a new stake in shares of Transportadora De Gas Sa Ord B in the 4th quarter valued at $234,000. Institutional investors and hedge funds own 3.29% of the company's stock.

Transportadora De Gas Sa Ord B Stock Down 0.0%

TGS opened at $29.26 on Monday. Transportadora De Gas Sa Ord B has a fifty-two week low of $19.74 and a fifty-two week high of $36.35. The company has a debt-to-equity ratio of 0.47, a current ratio of 5.00 and a quick ratio of 4.98. The firm's fifty day moving average price is $31.68 and its two-hundred day moving average price is $30.45. The company has a market capitalization of $4.41 billion, a P/E ratio of 13.94, a P/E/G ratio of 1.09 and a beta of 0.63.

Transportadora De Gas Sa Ord B (NYSE:TGS - Get Free Report) last posted its quarterly earnings results on Saturday, February 14th. The energy company reported $0.57 earnings per share for the quarter. Transportadora De Gas Sa Ord B had a net margin of 24.28% and a return on equity of 13.68%. The firm had revenue of $326.20 million for the quarter. On average, analysts anticipate that Transportadora De Gas Sa Ord B will post 2.6 EPS for the current year.

Transportadora De Gas Sa Ord B Company Profile

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.