ONE Gas Inc (OGS) stock poised to deliver a potential return of 4.89%

ONE Gas Inc [OGS] stock prices are up 2.12% to $74.68 at the moment. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The OGS shares have gain 4.40% over the last week, with a monthly amount glided 7.70%, and seem to be holding up well over a long-time horizon.

From an analyst’s perspective:

Previously, Jefferies started tracking the stock with Hold rating on December 09, 2024, and set its price target to $79. On December 06, 2024, downgrade downgraded it’s rating to Neutral but maintained its price target of $75.50 on the stock. Wells Fargo upgraded its rating to a Overweight and increased its price target to $80 on September 11, 2024. UBS initiated its recommendation with a Sell and recommended $61 as its price target on April 12, 2024. Ladenburg Thalmann upgraded its rating to Buy for this stock on March 05, 2024, but kept the price target unchanged to $64.50. In a note dated February 14, 2024, Ladenburg Thalmann initiated an Neutral rating and provided a target price of $58 on this stock.

The stock price of ONE Gas Inc [OGS] has been fluctuating between $57.74 and $78.89 over the past year. Currently, Wall Street analysts expect the stock to reach $78.33 within the next 12 months. ONE Gas Inc [NYSE: OGS] shares were valued at $74.68 at the most recent close of the market. An investor can expect a potential return of 4.89% based on the average OGS price forecast.

Analyzing the OGS fundamentals

The ONE Gas Inc [NYSE:OGS] reported sales of 2.08B for trailing twelve months, representing a surge of 4.09%. Gross Profit Margin for this corporation currently stands at 0.37% with Operating Profit Margin at 0.19%, Pretax Profit Margin comes in at 0.12%, and Net Profit Margin reading is 0.11%. To continue investigating profitability, this company’s Return on Assets is posted at 0.03, Equity is 0.08 and Total Capital is 0.06. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.29.

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 73.47 points at the first support level, and at 72.25 for the second support level. However, for the 1st resistance point, the stock is sitting at 75.56, and for the 2nd resistance point, it is at 76.43.

Ratios To Look Out For

It’s worth pointing out that ONE Gas Inc [NYSE:OGS]’s Current Ratio is 0.64. In addition, the Quick Ratio stands at 0.46 and the Cash Ratio stands at 0.04. Considering the valuation of this stock, the price to sales ratio is 2.15, the price to book ratio is 1.44 and price to earnings (TTM) ratio is 19.11.

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