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NYSE:ATO

Atmos Energy (ATO) Stock Price, News & Analysis

$126.21
+1.28 (+1.02%)
(As of 07/26/2024 ET)
Today's Range
$125.27
$126.36
50-Day Range
$111.34
$126.21
52-Week Range
$101.00
$127.90
Volume
504,438 shs
Average Volume
907,892 shs
Market Capitalization
$19.04 billion
P/E Ratio
18.92
Dividend Yield
2.55%
Price Target
$128.67

Atmos Energy MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.67 Rating Score
Upside/​Downside
1.9% Upside
$128.67 Price Target
Short Interest
Bearish
3.04% of Shares Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-9.39
Upright™ Environmental Score
News Sentiment
0.95mentions of Atmos Energy in the last 14 days
Based on 12 Articles This Week
Insider Trading
Selling Shares
$47,200 Sold Last Quarter
Proj. Earnings Growth
4.72%
From $6.78 to $7.10 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.85 out of 5 stars

Utilities Sector

44th out of 90 stocks

Natural Gas Distribution Industry

4th out of 13 stocks

ATO stock logo

About Atmos Energy Stock (NYSE:ATO)

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. This segment distributes natural gas to approximately 3.3 million residential, commercial, public authority, and industrial customers; and owned 73,689 miles of underground distribution and transmission mains. The Pipeline and Storage segment engages in the pipeline and storage operations. This segment transports natural gas for third parties and manages five underground storage facilities in Texas; provides ancillary services customary to the pipeline industry, including parking arrangements, lending, and inventory sales; and owned 5,645 miles of gas transmission lines. Atmos Energy Corporation was founded in 1906 and is headquartered in Dallas, Texas.

ATO Stock Price History

ATO Stock News Headlines

Atmos Energy (NYSE:ATO) Downgraded by StockNews.com to Sell
Elon to Transform U.S. Economy?
A radical, potentially game-changing technology that threatens to destroy the trillion-dollar, “green energy” grift of the elites. And yet, while it threatens their wealth and power, it could be transformational for both the U.S. economy and your wealth.
Morgan Stanley Reaffirms Their Buy Rating on Atmos Energy (ATO)
Elon to Transform U.S. Economy?
A radical, potentially game-changing technology that threatens to destroy the trillion-dollar, “green energy” grift of the elites. And yet, while it threatens their wealth and power, it could be transformational for both the U.S. economy and your wealth.
Wells Fargo Keeps Their Hold Rating on Atmos Energy (ATO)
See More Headlines
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Company Calendar

Last Earnings
5/08/2024
Ex-Dividend for 6/10 Dividend
5/24/2024
Dividend Payable
6/10/2024
Today
7/26/2024
Next Earnings (Confirmed)
8/07/2024
Fiscal Year End
9/30/2024

Industry, Sector and Symbol

Sector
Utilities
Industry
Natural gas distribution
Sub-Industry
Gas Utilities
CUSIP
04956010
Employees
5,019
Year Founded
1906

Price Target and Rating

Average Stock Price Target
$128.67
High Stock Price Target
$138.00
Low Stock Price Target
$119.00
Potential Upside/Downside
+1.9%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
6 Analysts

Profitability

Net Income
$885.86 million
Pretax Margin
28.81%

Debt

Sales & Book Value

Annual Sales
$4.06 billion
Cash Flow
$10.09 per share
Book Value
$73.22 per share

Miscellaneous

Free Float
150,123,000
Market Cap
$19.04 billion
Optionable
Optionable
Beta
0.67

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Key Executives

Should I Buy Atmos Energy Stock? ATO Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in Atmos Energy Co.:

  • Atmos Energy Co. has shown consistent revenue growth over recent quarters, indicating a strong financial performance.
  • The company's net margin of 24.65% showcases its profitability and efficient cost management.
  • Analysts have set a moderate buy rating on the stock with a consensus price target of $129.17, suggesting potential for stock price appreciation.
  • Recent insider transactions, such as Director Diana J. Walters purchasing shares, can signal confidence in the company's future prospects.
  • With a market capitalization of $17.53 billion, Atmos Energy Co. is a well-established player in the utilities sector, providing stability to investors.

Cons

Investors should be bearish about investing in Atmos Energy Co. for these reasons:

  • The stock's price-to-earnings ratio of 17.42 and PEG ratio of 2.44 may indicate that the stock is currently overvalued, potentially limiting short-term gains.
  • While the company has a solid return on equity of 9.01%, the debt-to-equity ratio of 0.65 suggests a moderate level of financial leverage that could pose risks in economic downturns.
  • Despite positive analyst ratings, the stock's beta of 0.67 indicates lower volatility compared to the market, potentially limiting opportunities for aggressive growth investors.
  • Hedge funds owning a significant portion (90.17%) of the company's stock may lead to increased volatility in the stock price due to institutional trading activities.
  • Investors should consider the company's one-year high and low stock prices ($125.28 and $101.00 respectively) to assess historical price movements and potential risks associated with investing in Atmos Energy Co.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Sunday, July 7, 2024. Please send any questions or comments about these Atmos Energy pros and cons to contact@marketbeat.com.

ATO Stock Analysis - Frequently Asked Questions

How have ATO shares performed this year?

Atmos Energy's stock was trading at $115.90 at the start of the year. Since then, ATO stock has increased by 8.9% and is now trading at $126.21.
View the best growth stocks for 2024 here
.

How were Atmos Energy's earnings last quarter?

Atmos Energy Co. (NYSE:ATO) announced its earnings results on Wednesday, May, 8th. The utilities provider reported $2.85 earnings per share for the quarter, beating analysts' consensus estimates of $2.62 by $0.23. The firm's revenue for the quarter was up 6.9% compared to the same quarter last year.
Read the conference call transcript
.

What is Kim R. Cocklin's approval rating as Atmos Energy's CEO?

70 employees have rated Atmos Energy Chief Executive Officer Kim R. Cocklin on Glassdoor.com. Kim R. Cocklin has an approval rating of 91% among the company's employees. This puts Kim R. Cocklin in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

Who are Atmos Energy's major shareholders?

Atmos Energy's top institutional investors include Bank of New York Mellon Corp (0.63%), Raymond James & Associates (0.33%), Sumitomo Mitsui Trust Holdings Inc. (0.28%) and Boston Trust Walden Corp (0.24%). Insiders that own company stock include Kim R Cocklin, Christopher T Forsythe, Diana J Walters, Richard M Thomas and J Matt Robbins.
View institutional ownership trends
.

How do I buy shares of Atmos Energy?

Shares of ATO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Atmos Energy own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Atmos Energy investors own include Johnson & Johnson (JNJ), AT&T (T), Procter & Gamble (PG), Chevron (CVX), Abbott Laboratories (ABT), Cisco Systems (CSCO) and AbbVie (ABBV).

This page (NYSE:ATO) was last updated on 7/27/2024 by MarketBeat.com Staff

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