At the time of writing, Atmos Energy Corp [ATO] stock is trading at $142.71, up 1.19%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The ATO shares have gain 2.26% over the last week, with a monthly amount glided 2.40%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Atmos Energy Corp [NYSE: ATO] stock has seen the most recent analyst activity on December 20, 2024, when Argus upgraded its rating to a Buy but kept the price target unchanged to $150 for it. On October 02, 2024, Jefferies initiated with a Hold rating and assigned a price target of $155 on the stock. Ladenburg Thalmann started tracking the stock assigning a Buy rating and suggested a price target of $144 on September 09, 2024. Wells Fargo upgraded its rating to a Overweight and raised its price target to $132 on May 14, 2024. UBS started tracking with a Neutral rating for this stock on April 12, 2024, and assigned it a price target of $124. In a note dated August 28, 2023, Wells Fargo downgraded an Equal Weight rating on this stock and revised its target price from $132 to $128.
For the past year, the stock price of Atmos Energy Corp fluctuated between $110.46 and $152.65. Currently, Wall Street analysts expect the stock to reach $152 within the next 12 months. Atmos Energy Corp [NYSE: ATO] shares were valued at $142.71 at the most recent close of the market. An investor can expect a potential return of 6.51% based on the average ATO price forecast.
Analyzing the ATO fundamentals
According to Atmos Energy Corp [NYSE:ATO], the company’s sales were 4.17B for trailing twelve months, which represents an 11.96% jump. Gross Profit Margin for this corporation currently stands at 0.5% with Operating Profit Margin at 0.33%, Pretax Profit Margin comes in at 0.3%, and Net Profit Margin reading is 0.25%. To continue investigating profitability, this company’s Return on Assets is posted at 0.04, 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 of0.67.
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 141.85 points at the first support level, and at 140.99 for the second support level. However, for the 1st resistance point, the stock is sitting at 143.39, and for the 2nd resistance point, it is at 144.07.
Ratios To Look Out For
It is important to note that Atmos Energy Corp [NYSE:ATO] has a current ratio of 0.81. In addition, the Quick Ratio stands at 0.65 and the Cash Ratio stands at 0.25. Considering the valuation of this stock, the price to sales ratio is 5.33, the price to book ratio is 1.82 and price to earnings (TTM) ratio is 20.86.
Transactions by insiders
Recent insider trading involved Atmos Energy Corporation Maste, Issuer is Settlor of Trust, that happened on Dec 10 ’24 when 0.21 million shares were purchased. Director, Geiser Edward completed a deal on Nov 11 ’24 to buy 2500.0 shares. Meanwhile, Director WALTERS DIANA J sold 400.0 shares on May 16 ’24.
