Atmos Energy (ATO) Stock Forecast & Price Target

$144.89 +0.55 (+0.38%)

(As of 11/15/2024 08:53 PM ET)

Atmos Energy - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Moderate Buy

Based on 8 Analyst Ratings

Sell
0

Hold
3

Buy
5

Based on 8 Wall Street analysts who have issued ratings for Atmos Energy in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 8 analysts, 3 have given a hold rating, and 5 have given a buy rating for ATO.

Consensus Price Target

$143.94
-0.66% Downside

According to the 8 analysts' twelve-month price targets for Atmos Energy, the average price target is $143.94. The highest price target for ATO is $156.00, while the lowest price target for ATO is $124.00. The average price target represents a forecasted downside of -0.66% from the current price of $144.89.

ATO Analyst Ratings Over Time

Type	Current Forecast 11/19/23 to 11/18/24	1 Month Ago 10/20/23 to 10/19/24	3 Months Ago 8/21/23 to 8/20/24	1 Year Ago 11/19/22 to 11/19/23
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	5 Buy rating(s)	5 Buy rating(s)	4 Buy rating(s)	4 Buy rating(s)
Hold	3 Hold rating(s)	3 Hold rating(s)	2 Hold rating(s)	3 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$143.94	$143.94	$133.17	$122.86
Forecasted Upside	-0.66% Downside	0.47% Upside	3.05% Upside	7.86% Upside
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy	Moderate Buy

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ATO Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

ATO Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Atmos Energy Stock vs. The Competition

Type	Atmos Energy	Utilities Companies	S&P 500
Consensus Rating Score	2.63	2.50	2.50
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy
Predicted Upside	-0.66% Downside	21.83% Upside	9.87% Upside
News Sentiment Rating	Positive News See Recent ATO News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
10/16/2024	Wells Fargo & Company 3 of 5 stars		Boost Target	Overweight ➝ Overweight	$145.00 ➝ $156.00	+8.86%
10/7/2024	Barclays 3 of 5 stars		Boost Target	Equal Weight ➝ Equal Weight	$129.00 ➝ $144.00	+4.70%
10/2/2024	LADENBURG THALM/SH SH 4 of 5 stars	P. Fremont Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Buy ➝ Buy	$144.00 ➝ $150.50	+8.89%
10/2/2024	Jefferies Financial Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Hold	$155.00	+11.53%
9/25/2024	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Overweight ➝ Overweight	$128.00 ➝ $140.00	+2.07%
8/15/2024	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Overweight ➝ Overweight	$134.00 ➝ $144.00	+11.92%
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5/13/2024	Mizuho Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$133.00 ➝ $138.00	+17.36%
4/12/2024	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Neutral	$124.00	+8.41%
8/16/2023	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy ➝ Buy	$135.00 ➝ $130.00	+13.34%
2/14/2023	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Neutral	$107.00 ➝ $125.00	+7.01%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Monday at 02:36 AM ET.

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

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 Monday, November 4, 2024. Please send any questions or comments about these Atmos Energy pros and cons to contact@marketbeat.com.

Atmos Energy
Bull Case

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

Atmos Energy Co. has a healthy debt-to-equity ratio of 0.65, indicating a balanced mix of debt and equity in its capital structure. This suggests financial stability and efficient use of capital.
With a current ratio of 1.73 and a quick ratio of 1.57, Atmos Energy Co. demonstrates strong liquidity positions, ensuring it can meet its short-term obligations comfortably.
Analysts have given Atmos Energy Co. an average rating of "Moderate Buy" with a consensus price target of $137.71, indicating positive sentiment and potential for stock price appreciation.
Recent analyst upgrades from reputable firms like Wells Fargo & Company and JPMorgan Chase & Co., along with target price increases, reflect confidence in Atmos Energy Co.'s future performance and growth prospects.
Atmos Energy Co. offers a dividend yield of 2.35%, providing investors with a steady income stream while holding the stock.

Atmos Energy
Bear Case

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

Atmos Energy Co. had a net margin of 25.09%, which may be considered relatively low compared to industry peers, indicating potential challenges in maintaining profitability.
The company's revenue for the quarter was below analyst estimates, which could raise concerns about its ability to meet revenue expectations in the future.
Although Atmos Energy Co. has a P/E ratio of 20.56, which is in line with industry averages, the P/E/G ratio of 2.89 suggests that the stock may be overvalued relative to its growth prospects.
While the company has seen positive analyst ratings, the stock has a beta of 0.68, indicating lower volatility compared to the market. This may limit potential returns for more risk-seeking investors.
Investors should consider the fifty-two week high of $138.78 as the current stock price, which may indicate limited upside potential based on historical price performance.

ATO Forecast - Frequently Asked Questions

: According to the research reports of 8 Wall Street equities research analysts, the average twelve-month stock price forecast for Atmos Energy is $143.94, with a high forecast of $156.00 and a low forecast of $124.00.
: 8 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Atmos Energy in the last twelve months. There are currently 3 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" ATO shares.
: According to analysts, Atmos Energy's stock has a predicted downside of -0.66% based on their 12-month stock forecasts.
: Atmos Energy has been rated by research analysts at Barclays, Jefferies Financial Group, LADENBURG THALM/SH SH, Morgan Stanley, and Wells Fargo & Company in the past 90 days.
: Analysts like Atmos Energy more than other "utilities" companies. The consensus rating score for Atmos Energy is 2.63 while the average consensus rating score for "utilities" companies is 2.50. Learn more on how ATO compares to other companies.

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This page (NYSE:ATO) was last updated on 11/18/2024 by MarketBeat.com Staff

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Atmos Energy (ATO) Stock Forecast & Price Target