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NYSE:ATO

Atmos Energy (ATO) Stock Price, News & Analysis

$129.58
+0.33 (+0.26%)
(As of 08/21/2024 ET)
Today's Range
$128.93
$130.08
50-Day Range
$114.08
$130.08
52-Week Range
$101.00
$132.24
Volume
648,614 shs
Average Volume
903,129 shs
Market Capitalization
$19.55 billion
P/E Ratio
19.43
Dividend Yield
2.48%
Price Target
$133.17

Atmos Energy MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.67 Rating Score
Upside/​Downside
2.8% Upside
$133.17 Price Target
Short Interest
Healthy
2.77% of Shares Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-9.39
Upright™ Environmental Score
News Sentiment
1.21mentions of Atmos Energy in the last 14 days
Based on 15 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
4.87%
From $6.77 to $7.10 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.

4.03 out of 5 stars

Utilities Sector

32nd out of 93 stocks

Utilities - Regulated Gas Industry

1st out of 2 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

Air Force quietly working with sub $10 stock on new tech
There is a little-known energy technology stock that has made an incredible breakthrough… Which could become crucial to the operations of the US Military. And right now there are plans for this stock to undertake a major test project at a US Air Force based in Alaska. Now, this incredible breakthrough is still in its earliest stages… Which means you still have a chance to get in while its trading for under $10.
Atmos Energy (NYSE:ATO) Lowered to "Sell" at StockNews.com
Analysts Set Atmos Energy Co. (NYSE:ATO) Price Target at $130.83
Air Force quietly working with sub $10 stock on new tech
There is a little-known energy technology stock that has made an incredible breakthrough… Which could become crucial to the operations of the US Military. And right now there are plans for this stock to undertake a major test project at a US Air Force based in Alaska. Now, this incredible breakthrough is still in its earliest stages… Which means you still have a chance to get in while its trading for under $10.
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
Today
8/21/2024
Ex-Dividend for 9/9 Dividend
8/26/2024
Dividend Payable
9/09/2024
Fiscal Year End
9/30/2024
Next Earnings (Estimated)
11/13/2024

Industry, Sector and Symbol

Sector
Utilities
Industry
Utilities - Regulated Gas
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
+2.8%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
6 Analysts

Profitability

Net Income
$885.86 million
Pretax Margin
28.81%

Debt

Sales & Book Value

Annual Sales
$4.09 billion
Cash Flow
$10.02 per share
Book Value
$73.22 per share

Miscellaneous

Free Float
150,123,000
Market Cap
$19.55 billion
Optionable
Optionable
Beta
0.67

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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. has shown consistent revenue growth over recent quarters, indicating a strong financial performance.
  • Recent insider activity, such as Director Diana J. Walters selling shares at $118.00, may suggest confidence in the company's future prospects.
  • Strong institutional investor interest, with significant holdings from Vanguard Group Inc. and Wellington Management Group LLP, can indicate a positive outlook on the company's potential.
  • Atmos Energy's earnings per share (EPS) of $2.85 for the last quarter exceeded analyst estimates, demonstrating strong profitability.
  • With a current stock price of $123.22, Atmos Energy may present a potential buying opportunity for investors seeking value.

Cons

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

  • There is a debt-to-equity ratio of 0.65, which may indicate higher financial leverage and potential risks associated with debt obligations.
  • While revenue has been growing, the company's stock price has recently traded down by 1.1%, suggesting short-term market volatility.
  • Despite positive earnings, the return on equity (ROE) of 9.01% may be considered relatively low compared to industry peers, impacting investor returns.
  • Market conditions and regulatory changes in the natural gas industry could pose challenges to Atmos Energy's operations and profitability.
  • Investors should consider the impact of any potential environmental or regulatory risks on the company's long-term sustainability and growth prospects.
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 8, 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 2024. Since then, ATO stock has increased by 11.8% and is now trading at $129.5850.
View the best growth stocks for 2024 here
.

How were Atmos Energy's earnings last quarter?

Atmos Energy Co. (NYSE:ATO) issued its earnings results on Wednesday, August, 7th. The utilities provider reported $1.08 EPS for the quarter, topping analysts' consensus estimates of $1.05 by $0.03. The utilities provider had revenue of $701.55 million for the quarter, compared to analyst estimates of $924.75 million. Atmos Energy had a net margin of 24.65% and a trailing twelve-month return on equity of 9.01%.
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 investors 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 8/22/2024 by MarketBeat.com Staff

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