Atmos Energy Corp (ATO) saw downtrend of -0.18% in the recent trading with $155.92 being its most recent. The current price level -6.89% lower than the highest price of $167.45 marked by the stock while trading over the past 52-weeks, whereas it is 23.67% higher than the lowest price of $126.08 the company dropped to over past 52-weeks. The latest news story on ATO appeared in (Zacks) under the title “Sempra (SRE) Expected to Beat Earnings Estimates: Should You Buy?” on Today.
Do analysts rate it as a buy, sell or hold?
Irrespective of recent performance, what’s important is what the future holds. In uncertain economic times, a clear picture is difficult to get. Analysts generally have a good understanding of the market works, which gives them a leg up in making predictions. Currently, the stock has been recommended as Moderate Buy by 5 of the brokerage firms. Analyst ratings are often compiled into a single score from 1 to 5. The score of 1 signifies buy or strong buy, the score of 2 signifies outperform, the score of 3 means hold, and the score of 4 indicates underperform. The simple numeric range of brokerage firm referenced at the scale of 1 to 5 reads a current average recommendation of 2.31 for the stock.
Atmos Energy Corp Earnings – What Happened With ATO
Coming around sales and income figures on ATO Stock Income Statement, public trading companies under normal circumstances post earnings and revenues near to average estimates by the Wall Street analysts, but those could came either above or below estimates and known as surprise factor.
Atmos Energy Corp – Insider Activity and Holdings
Investors get the exact data about the key information of institutional ownership in a listed company through its 13F filings at the Stock Exchange Commission (SEC). The total number of common shares currently owned by the public is 158.84 million. ATO does have institutional investors; and they hold 100.58% of the stock.
As on 2024-06-30, VANGUARD GROUP INC was the top most holder in Atmos Energy Corp (NYSE:ATO) with an ownership of 19.49 million shares of the company or 12.7126 of the stake worth $2.27 billion. The filing also reveals BLACKROCK INC. as the second largest holder in the company with a control over 8.6047 of the outstanding shares. Its stake is worth $1.54 billion for having 13.19 million shares in hand.
WELLINGTON MANAGEMENT GROUP LLP also came holding a key position in the company during the recent quarter and it now holds 8.0907 of the outstanding shares. With this there are now 1215.0 institutions which have possession in ATO’s shares.
Key Metrics forATO
The liquidity is a key characteristic of any stock and is the main point of focus of both short-term as well as long term investors before start trading into a stock. In recently reported quarter, Atmos Energy Corp has a debt to equity ratio of 0.65.
