Headlines about Atmos Energy (NYSE:ATO) have been trending somewhat positive recently, Accern Sentiment reports. The research firm identifies positive and negative media coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Atmos Energy earned a media sentiment score of 0.17 on Accern’s scale. Accern also gave media headlines about the utilities provider an impact score of 47.8053733020123 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
NYSE:ATO opened at $93.60 on Thursday. The company has a debt-to-equity ratio of 0.55, a quick ratio of 0.22 and a current ratio of 0.31. The company has a market capitalization of $10.26 billion, a price-to-earnings ratio of 26.00, a price-to-earnings-growth ratio of 3.58 and a beta of 0.11. Atmos Energy has a 12-month low of $76.46 and a 12-month high of $94.85.
Atmos Energy (NYSE:ATO) last released its quarterly earnings data on Wednesday, August 8th. The utilities provider reported $0.64 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.68 by ($0.04). The business had revenue of $562.25 million during the quarter, compared to analysts’ expectations of $622.30 million. The firm’s revenue for the quarter was up 6.8% on a year-over-year basis. During the same quarter last year, the company earned $0.67 EPS. equities research analysts predict that Atmos Energy will post 3.96 EPS for the current fiscal year.
The firm also recently disclosed a quarterly dividend, which will be paid on Monday, September 10th. Shareholders of record on Monday, August 27th will be paid a $0.485 dividend. The ex-dividend date of this dividend is Friday, August 24th. This represents a $1.94 annualized dividend and a yield of 2.07%. Atmos Energy’s dividend payout ratio is 53.89%.
Several analysts recently issued reports on ATO shares. Zacks Investment Research lowered Atmos Energy from a “buy” rating to a “hold” rating in a report on Tuesday, July 17th. Seaport Global Securities reiterated a “buy” rating and set a $98.00 target price on shares of Atmos Energy in a report on Thursday, August 16th. Barclays upped their target price on Atmos Energy from $80.00 to $90.00 and gave the stock an “underweight” rating in a report on Wednesday, July 11th. Morgan Stanley dropped their target price on Atmos Energy from $94.00 to $91.00 and set an “equal weight” rating on the stock in a report on Wednesday, June 13th. Finally, Citigroup upped their target price on Atmos Energy from $82.00 to $88.00 and gave the stock a “neutral” rating in a report on Tuesday, June 12th. One analyst has rated the stock with a sell rating, three have given a hold rating and four have issued a buy rating to the stock. Atmos Energy currently has a consensus rating of “Hold” and an average price target of $92.71.
In other Atmos Energy news, Director Nancy K. Quinn sold 2,000 shares of the company’s stock in a transaction that occurred on Wednesday, August 15th. The stock was sold at an average price of $93.05, for a total value of $186,100.00. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, insider Richard W. Douglas sold 35,000 shares of the company’s stock in a transaction that occurred on Thursday, August 16th. The shares were sold at an average price of $93.04, for a total value of $3,256,400.00. Following the completion of the sale, the insider now owns 6,292 shares in the company, valued at approximately $585,407.68. The disclosure for this sale can be found here. 1.41% of the stock is owned by corporate insiders.
Atmos Energy Company Profile
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 Distribution, and Pipeline and Storage segments. The Distribution segment is involved in regulated natural gas distribution, and related sales and storage operations.
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