ONE Gas Inc [OGS] stock prices are up 3.37% to $64.39 at the moment. An important factor to consider is whether the stock is rising or falling in short-term value. The OGS shares have gain 3.72% over the last week, with a monthly amount glided 2.35%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
ONE Gas Inc [NYSE: OGS] stock has seen the most recent analyst activity on April 12, 2024, when UBS initiated its Sell rating and assigned the stock a price target of $61. Previously, Ladenburg Thalmann upgraded its rating to Buy on March 05, 2024, and kept the price target unchanged to $64.50. On February 14, 2024, Ladenburg Thalmann initiated with a Neutral rating and assigned a price target of $58 on the stock. BofA Securities downgraded its rating to a Underperform and decreased its price target to $60 on October 25, 2023. Guggenheim upgraded its rating to a Neutral and raised its price target to $77 on January 23, 2023. Stifel downgraded its rating to Hold for this stock on January 12, 2023, but kept the price target unchanged to $80. In a note dated December 16, 2022, BofA Securities downgraded an Neutral rating on this stock and revised its target price from $85 to $79.
The stock price of ONE Gas Inc [OGS] has been fluctuating between $55.50 and $83.89 over the past year. Currently, Wall Street analysts expect the stock to reach $64 within the next 12 months. ONE Gas Inc [NYSE: OGS] shares were valued at $64.39 at the most recent close of the market. An investor can expect a potential drop of -0.61% based on the average OGS price forecast.
Analyzing the OGS fundamentals
The ONE Gas Inc [NYSE:OGS] reported sales of 2.37B for trailing twelve months, representing a drop of -25.95%. Gross Profit Margin for this corporation currently stands at 0.42% with Operating Profit Margin at 0.16%, Pretax Profit Margin comes in at 0.11%, and Net Profit Margin reading is 0.1%. To continue investigating profitability, this company’s Return on Assets is posted at 0.03, Equity is 0.09 and Total Capital is 0.06. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.1.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 62.85 points at the first support level, and at 61.30 for the second support level. However, for the 1st resistance point, the stock is sitting at 65.28, and for the 2nd resistance point, it is at 66.16.
Ratios To Look Out For
It’s worth pointing out that ONE Gas Inc [NYSE:OGS]’s Current Ratio is 0.52. On the other hand, the Quick Ratio is 0.34, and the Cash Ratio is 0.03. Considering the valuation of this stock, the price to sales ratio is 1.54, the price to book ratio is 1.32 and price to earnings (TTM) ratio is 15.54.
