Atmos Energy (NYSE:ATO) Issues Earnings Results

Atmos Energy (NYSE:ATO - Get Free Report) issued its earnings results on Tuesday. The utilities provider reported $2.23 EPS for the quarter, beating the consensus estimate of $2.20 by $0.03, Zacks reports. Atmos Energy had a net margin of 25.90% and a return on equity of 8.89%. Atmos Energy updated its FY 2025 guidance to 7.050-7.250 EPS.

Atmos Energy Stock Performance

ATO traded down $0.63 during trading on Friday, hitting $142.49. The stock had a trading volume of 660,083 shares, compared to its average volume of 915,958. The company has a debt-to-equity ratio of 0.66, a current ratio of 1.56 and a quick ratio of 0.80. The firm has a market cap of $22.62 billion, a price-to-earnings ratio of 20.30, a P/E/G ratio of 2.81 and a beta of 0.72. Atmos Energy has a one year low of $110.46 and a one year high of $152.65. The company has a 50 day moving average price of $141.10 and a 200-day moving average price of $138.32.

Atmos Energy Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, March 10th. Investors of record on Tuesday, February 25th will be issued a dividend of $0.87 per share. This represents a $3.48 annualized dividend and a dividend yield of 2.44%. The ex-dividend date is Tuesday, February 25th. Atmos Energy's payout ratio is 49.57%.

Analysts Set New Price Targets

Several analysts have recently weighed in on the stock. Wells Fargo & Company raised their price objective on shares of Atmos Energy from $145.00 to $156.00 and gave the stock an "overweight" rating in a report on Wednesday, October 16th. Argus raised Atmos Energy from a "hold" rating to a "buy" rating and set a $150.00 price objective on the stock in a research note on Friday, December 20th. Bank of America began coverage on Atmos Energy in a report on Friday, December 13th. They issued a "buy" rating and a $156.00 price target for the company. Morgan Stanley decreased their price objective on shares of Atmos Energy from $145.00 to $143.00 and set an "overweight" rating on the stock in a report on Friday, November 22nd. Finally, Mizuho lifted their target price on shares of Atmos Energy from $148.00 to $165.00 and gave the stock an "outperform" rating in a report on Wednesday, November 27th. One analyst has rated the stock with a sell rating, three have given a hold rating and seven have given a buy rating to the company's stock. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $148.75.

Insider Transactions at Atmos Energy

In other Atmos Energy news, Director Edward Geiser purchased 2,500 shares of the stock in a transaction dated Monday, November 11th. The stock was bought at an average price of $144.89 per share, with a total value of $362,225.00. Following the acquisition, the director now owns 2,602 shares of the company's stock, valued at approximately $377,003.78. This represents a 2,450.98 % increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through this hyperlink. Insiders own 0.48% of the company's stock.

Atmos Energy Company Profile

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.