ONE Gas (NYSE:OGS - Get Free Report) will release its earnings data after the market closes on Monday, November 4th. Analysts expect ONE Gas to post earnings of $0.43 per share for the quarter. ONE Gas has set its FY24 guidance at $3.70-4.00 EPS.Individual that wish to register for the company's earnings conference call can do so using this link.
ONE Gas (NYSE:OGS - Get Free Report) last posted its quarterly earnings data on Monday, August 5th. The utilities provider reported $0.48 earnings per share for the quarter, missing the consensus estimate of $0.49 by ($0.01). The firm had revenue of $354.14 million for the quarter, compared to analyst estimates of $362.06 million. ONE Gas had a return on equity of 8.04% and a net margin of 10.83%. The business's quarterly revenue was down 11.0% on a year-over-year basis. During the same period in the previous year, the business posted $0.58 EPS. On average, analysts expect ONE Gas to post $4 EPS for the current fiscal year and $4 EPS for the next fiscal year.
ONE Gas Price Performance
Shares of OGS traded up $0.63 on Monday, hitting $73.69. The company's stock had a trading volume of 207,439 shares, compared to its average volume of 403,369. The company has a 50 day moving average price of $71.61 and a 200 day moving average price of $66.78. ONE Gas has a fifty-two week low of $55.50 and a fifty-two week high of $74.99. The company has a market capitalization of $4.17 billion, a PE ratio of 18.21, a PEG ratio of 3.78 and a beta of 0.66. The company has a debt-to-equity ratio of 0.76, a current ratio of 0.41 and a quick ratio of 0.32.
Analyst Ratings Changes
Several analysts have recently commented on OGS shares. Wells Fargo & Company increased their target price on ONE Gas from $80.00 to $82.00 and gave the stock an "overweight" rating in a report on Wednesday, October 16th. StockNews.com lowered shares of ONE Gas from a "hold" rating to a "sell" rating in a report on Saturday, July 20th. Finally, Morgan Stanley raised their price objective on shares of ONE Gas from $63.00 to $69.00 and gave the company an "equal weight" rating in a research report on Wednesday, September 25th. Two equities research analysts have rated the stock with a sell rating, two have issued a hold rating and two have assigned a buy rating to the company's stock. According to MarketBeat, the company presently has an average rating of "Hold" and a consensus price target of $68.30.
Check Out Our Latest Analysis on OGS
About ONE Gas
(
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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.
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