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NYSE:ATO

Atmos Energy (ATO) Stock Price, News & Analysis

$130.80
-0.62 (-0.47%)
(As of 09/6/2024 ET)
Today's Range
$130.66
$132.32
50-Day Range
$114.08
$132.26
52-Week Range
$101.00
$133.46
Volume
879,197 shs
Average Volume
888,127 shs
Market Capitalization
$19.73 billion
P/E Ratio
19.61
Dividend Yield
2.46%
Price Target
$133.17

Atmos Energy MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.67 Rating Score
Upside/​Downside
1.8% Upside
$133.17 Price Target
Short Interest
Bearish
2.97% of Shares Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-9.39
Upright™ Environmental Score
News Sentiment
1.23mentions of Atmos Energy in the last 14 days
Based on 12 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
4.71%
From $6.79 to $7.11 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.

3.45 out of 5 stars

Utilities Sector

48th out of 93 stocks

Natural Gas Distribution Industry

5th out of 12 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

Analysts Set Atmos Energy Co. (NYSE:ATO) PT at $133.17
How Much Would It Take To Earn $100 A Month From Atmos Energy Stock
Why billionaires are wiring money to abandoned towns
A new force is brewing in these forgotten towns that could soon turn Appalachia into one of America’s most valuable economic hubs – the beating heart of a new multi-billion-dollar revolution.
Atmos Energy Co. (NYSE:ATO) Short Interest Update
Analyzing Atmos Energy (NYSE:ATO) & Naturgy Energy Group (OTCMKTS:GASNY)
Why billionaires are wiring money to abandoned towns
A new force is brewing in these forgotten towns that could soon turn Appalachia into one of America’s most valuable economic hubs – the beating heart of a new multi-billion-dollar revolution.
See More Headlines
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Company Calendar

Ex-Dividend for 6/10 Dividend
5/24/2024
Dividend Payable
6/10/2024
Last Earnings
8/07/2024
Ex-Dividend for 9/9 Dividend
8/26/2024
Today
9/07/2024
Dividend Payable
9/09/2024
Fiscal Year End
9/30/2024
Next Earnings (Estimated)
11/13/2024

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
$133.17
High Stock Price Target
$145.00
Low Stock Price Target
$119.00
Potential Upside/Downside
+1.8%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
6 Analysts

Profitability

Net Income
$885.86 million
Pretax Margin
29.64%

Debt

Sales & Book Value

Annual Sales
$4.09 billion
Cash Flow
$10.07 per share
Book Value
$78.48 per share

Miscellaneous

Free Float
150,123,000
Market Cap
$19.73 billion
Optionable
Optionable
Beta
0.68

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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. reported earnings per share (EPS) of $1.08 for the last quarter, exceeding analysts' estimates by $0.03. This indicates strong financial performance and potential growth.
  • Recent insider activity: Director Diana J. Walters sold 400 shares at an average price of $118.00, suggesting confidence in the company's future prospects.
  • Positive stock price performance: Atmos Energy Co.'s stock traded at $129.59, showing an upward trend and potential for capital appreciation.
  • Institutional investor interest: Chevy Chase Trust Holdings LLC increased its holdings by 19.9% in the second quarter, indicating institutional confidence in the company.
  • Stable financial metrics: With a PE ratio of 19.43 and a beta of 0.67, Atmos Energy Co. demonstrates stability and resilience in the market.

Cons

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

  • Market volatility: The stock has a beta of 0.67, indicating sensitivity to market fluctuations which may pose risks to investors.
  • Debt-to-equity ratio: Atmos Energy Co. has a debt-to-equity ratio of 0.65, which suggests a moderate level of financial leverage that could impact future growth.
  • Revenue shortfall: The company reported revenue of $701.55 million for the last quarter, below the consensus estimate of $924.75 million, signaling potential challenges in revenue generation.
  • Competition in the sector: The utilities industry is competitive, and Atmos Energy Co. may face challenges from other players in the market affecting its market share and profitability.
  • Market capitalization: With a market capitalization of $19.55 billion, the company's size may limit rapid growth opportunities compared to smaller, more agile competitors.
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 Thursday, August 22, 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 beginning of the year. Since then, ATO stock has increased by 12.9% and is now trading at $130.80.
View the best growth stocks for 2024 here
.

How were Atmos Energy's earnings last quarter?

Atmos Energy Co. (NYSE:ATO) issued its quarterly earnings results on Wednesday, August, 7th. The utilities provider reported $1.08 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.05 by $0.03. The utilities provider earned $701.55 million during the quarter, compared to the consensus estimate of $924.75 million. Atmos Energy had a net margin of 25.09% and a trailing twelve-month return on equity of 8.94%.
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 shareholders include American Century Companies Inc. (1.75%), Massachusetts Financial Services Co. MA (1.03%), ProShare Advisors LLC (1.02%) and Cooke & Bieler LP (1.01%). Insiders that own company stock include Kim R Cocklin, Christopher T Forsythe, Diana J Walters and Richard M Thomas.
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 9/7/2024 by MarketBeat.com Staff

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