Zacks Research Has Weak Estimate for ONE Gas FY2025 Earnings

ONE Gas, Inc. (NYSE:OGS - Free Report) - Investment analysts at Zacks Research dropped their FY2025 earnings estimates for shares of ONE Gas in a research note issued to investors on Monday, April 7th. Zacks Research analyst R. Department now anticipates that the utilities provider will post earnings per share of $4.25 for the year, down from their previous forecast of $4.29. The consensus estimate for ONE Gas' current full-year earnings is $4.26 per share. Zacks Research also issued estimates for ONE Gas' Q1 2026 earnings at $1.89 EPS and Q4 2026 earnings at $1.40 EPS.

Several other brokerages have also commented on OGS. Morgan Stanley boosted their price target on shares of ONE Gas from $68.00 to $70.00 and gave the stock an "equal weight" rating in a report on Thursday, March 20th. Jefferies Financial Group upgraded shares of ONE Gas from a "hold" rating to a "buy" rating and upped their price target for the stock from $76.00 to $84.00 in a research report on Monday, April 7th. LADENBURG THALM/SH SH upgraded ONE Gas to a "hold" rating in a research note on Monday, March 17th. Finally, StockNews.com upgraded ONE Gas from a "sell" rating to a "hold" rating in a research report on Wednesday, March 12th. Five analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average price target of $75.21.

ONE Gas Stock Performance

Shares of NYSE:OGS traded up $0.41 during trading on Thursday, hitting $76.52. 162,837 shares of the stock traded hands, compared to its average volume of 410,925. The company has a quick ratio of 0.37, a current ratio of 0.64 and a debt-to-equity ratio of 0.77. The company has a fifty day moving average price of $73.55 and a two-hundred day moving average price of $72.64. ONE Gas has a 52-week low of $58.31 and a 52-week high of $78.89. The company has a market cap of $4.59 billion, a price-to-earnings ratio of 19.57, a P/E/G ratio of 3.64 and a beta of 0.74.

ONE Gas (NYSE:OGS - Get Free Report) last posted its quarterly earnings results on Wednesday, February 19th. The utilities provider reported $1.34 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of $1.34. The business had revenue of $630.70 million during the quarter, compared to analysts' expectations of $973.58 million. ONE Gas had a net margin of 10.70% and a return on equity of 7.70%.

Institutional Trading of ONE Gas

Several hedge funds have recently modified their holdings of the stock. Integrated Advisors Network LLC purchased a new stake in shares of ONE Gas in the 1st quarter valued at approximately $2,953,000. SG Americas Securities LLC acquired a new stake in ONE Gas during the 1st quarter worth approximately $780,000. GAMMA Investing LLC grew its position in ONE Gas by 102.7% in the 1st quarter. GAMMA Investing LLC now owns 1,346 shares of the utilities provider's stock valued at $102,000 after buying an additional 682 shares during the last quarter. Farther Finance Advisors LLC boosted its holdings in shares of ONE Gas by 195.6% in the first quarter. Farther Finance Advisors LLC now owns 801 shares of the utilities provider's stock valued at $61,000 after acquiring an additional 530 shares in the last quarter. Finally, UMB Bank n.a. increased its position in ONE Gas by 69.1% during the 1st quarter. UMB Bank n.a. now owns 629 shares of the utilities provider's stock worth $48,000 after purchasing an additional 257 shares during the period. 88.71% of the stock is currently owned by institutional investors and hedge funds.

About ONE Gas

ONE Gas, Inc, together with its subsidiaries, operates as a regulated natural gas distribution company in the United States. The company provides natural gas distribution services to approximately 2.3 million customers in Oklahoma, Kansas, and Texas. It serves residential, commercial, and transportation customers.