https://1investing.in/ for the quarter came in at $1.48 billion versus the consensus estimate of $1.14… Price/book ratio can tell investors approximately how much they’re paying for a company’s assets, based on historical, rather than current, valuations. Historical valuations generally do not reflect a company’s current market value.

Atmos Energy’s operating strategy has been focused on modernizing its transmission and distribution network as well as reducing regulatory lag. 9 Wall Street analysts have issued “buy,” “hold,” and “sell” ratings for Atmos Energy in the last twelve months. There are currently 4 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street analysts is that investors should “buy” ATO shares. High-growth stocks tend to represent the technology, healthcare, and communications sectors. They rarely distribute dividends to shareholders, opting for reinvestment in their businesses.

The Pipeline and Storage segment includes pipeline and storage operations of Atmos Pipeline-Texas division and natural gas transmission operations. The company was founded in 1983 and is headquartered in Dallas, TX. At the center of everything we do is a strong commitment to independent research and sharing its profitable discoveries with investors. This dedication to giving investors a trading advantage led to the creation of our proven Zacks Rank stock-rating system. Since 1988 it has more than doubled the S&P 500 with an average gain of +24.27% per year. These returns cover a period from January 1, 1988 through April 3, 2023.

UPDATE: DXC stock surges amid reported takeover interest

One share of ATO stock can currently be purchased for approximately $114.14. Sign-up to receive the latest news and ratings for Atmos Energy and its competitors with MarketBeat’s FREE daily newsletter. High institutional ownership can be a signal of strong market trust in this company. Atmos Energy has only been the subject of 3 research reports in the past 90 days.

• A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 , 2 or 3 .
• These returns cover a period from January 1, 1988 through April 3, 2023.
• Morningstar analysts hand-select direct competitors or comparable companies to provide context on the strength and durability of ATO’s competitive advantage.
• Atmos Energy issued an update on its FY 2023 earnings guidance on Tuesday, February, 7th.
• A stock’s beta measures how closely tied its price movements have been to the performance of the overall market.

This quarter’s revenue is expected to be $836.55 million, down 13.9% from the year-ago quarter. An earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss. Over the last four quarters, the company has beaten consensus EPS estimates two times.

Atmos Energy MarketRank™ Forecast

This segment distributes natural gas to approximately 3.3 million residential, commercial, public authority, and industrial customers. As of September 30, 2022, it owned 73,243 miles of underground distribution and transmission mains. The Pipeline and Storage segment engages in the pipeline and storage operations. As of September 30, 2022, it owned 5,652 miles of gas transmission lines. Atmos Energy Corporation was founded in 1906 and is headquartered in Dallas, Texas.

To see all exchange delays and terms of use please see Barchart’s disclaimer. Stocks are for suckers – try this insteadThis has nothing to do with dividends, day trading… What you need is about 3 seconds to execute this simple financial maneuver… Atmos Energy has received a -49.60% net impact score from Upright.

Investor Services

The largest negative impact of Atmos Energy in category “GHG emissions” is driven by its “Natural gas distribution services” product. 4.56% of the outstanding shares of Atmos Energy have been sold short. Our experts picked 7 Zacks Rank #1 Strong Buy stocks with the best chance to skyrocket within the next days. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release.

The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on May 3. By Sarina Isaacs Investing.com – Here are the companies raising their dividend payouts this week, all first covered on InvestingPro+ – with several hikes predicted by data from StreetInsider… To further protect the integrity of our editorial content, we keep a strict separation between our sales teams and authors to remove any pressure or influence on our analyses and research. We’d like to share more about how we work and what drives our day-to-day business.

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation. Any copying, republication or redistribution of Lipper content, including by caching, framing or similar means, is expressly prohibited without the prior written consent of Lipper. Lipper shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon. Join thousands of traders who make more informed decisions with our premium features. Real-time quotes, advanced visualizations, backtesting, and much more. Volatility profiles based on trailing-three-year calculations of the standard deviation of service investment returns.

• We sell different types of products and services to both investment professionals and individual investors.
• At the center of everything we do is a strong commitment to independent research and sharing its profitable discoveries with investors.
• Shares of DXC Technology Co. were up 7% Thursday after Reuters reported that Atos SE h.
• We expect this investment to receive regulatory support and continue beyond our five-year forecast.
• High institutional ownership can be a signal of strong market trust in this company.

For Atmos, the Most Accurate Estimate is lower than the Zacks Consensus Estimate, suggesting that analysts have recently become bearish on the company’s earnings prospects. Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model’s predictive power is significant for positive ESP readings only. Estimate revisions ahead of a company’s earnings release offer clues to the business conditions for the period whose results are coming out.

“Following recent what are the disadvantages of using hubs rumors about a potential transaction involving Atos, the Company… Maintaining independence and editorial freedom is essential to our mission of empowering investor success. We provide a platform for our authors to report on investments fairly, accurately, and from the investor’s point of view.

Analyst’s Opinion

You can find more details by visiting the additional pages to view historical data, charts, latest news, analysis or visit the forum to view opinions on the ATO quote. The company serves natural gas distribution customers from the Blue Ridge Mountains in the East to the Rocky Mountains in the West. The company operates miles of transmission and distribution lines as well as miles of interstate pipelines.

On the other hand, the stock currently carries a Zacks Rank of #3. Dow Jones Industrial Average, S&P 500, Nasdaq, and Morningstar Index quotes are real-time. Verify your identity, personalize the content you receive, or create and administer your account. Upgrade to MarketBeat All Access to add more stocks to your watchlist. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

ATO or OGS: Which Utility Gas Distribution Stock to Accumulate?

This insight is at the core of our proprietary surprise prediction model — the Zacks Earnings ESP . Investors should keep in mind that an aggregate change may not always reflect the direction of estimate revisions by each of the covering analysts. Investing.com – U.S. equities were higher at the close on Thursday, as gains in the Technology, Oil & Gas and Consumer Goods sectors propelled shares higher. Provide specific products and services to you, such as portfolio management or data aggregation. CompareATO’s historical performanceagainst its industry peers and the overall market. A stock’s beta measures how closely tied its price movements have been to the performance of the overall market.

This is why it’s worth checking a company’s Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they’ve reported. We sell different types of products and services to both investment professionals and individual investors. These products and services are usually sold through license agreements or subscriptions. Our investment management business generates asset-based fees, which are calculated as a percentage of assets under management. We also sell both admissions and sponsorship packages for our investment conferences and advertising on our websites and newsletters.

Specifically, they have bought $0.00 in company stock and sold $1,464,250.00 in company stock. This payout ratio is at a healthy, sustainable level, below 75%. Atmos Energy pays a meaningful dividend of 2.60%, higher than the bottom 25% of all stocks that pay dividends. Atmos Energy has a short interest ratio (“days to cover”) of 7.9.

Investors of record on Friday, February 10th will be given a dividend of $0.74 per share on Monday, March 6th. This represents a $2.96 annualized dividend and a dividend yield of 2.59%. The ex-dividend date of this dividend is Thursday, February 16th. The company’s average rating score is 2.56, and is based on 5 buy ratings, 4 hold ratings, and no sell ratings.

This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period. This natural gas utility is expected to post quarterly earnings of $2.47 per share in its upcoming report, which represents a year-over-year change of +4.2%. Dividend yield allows investors, particularly those interested in dividend-paying stocks, to compare the relationship between a stock’s price and how it rewards stockholders through dividends. The formula for calculating dividend yield is to divide the annual dividend paid per share by the stock price. That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success.

The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating indiv idual securities. Shares of DXC Technology Co. were up 7% Thursday after Reuters reported that Atos SE h.

Real-time last sale data for U.S. stock quotes reflect trades reported through Nasdaq only. Intraday data delayed at least 15 minutes or per exchange requirements. Market capitalization is calculated by taking a company’s share price and multiplying it by the total number of shares. In the Morningstar Style Box, large-cap names account for the largest 70% of U.S. stocks, mid-cap names account for the largest 70–90%, and small-cap names are the remaining 10% of companies. The consensus EPS estimate for the quarter has been revised 3.02% higher over the last 30 days to the current level.