At the time of writing, Atmos Energy Corp [ATO] stock is trading at $146.85, up 1.23%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The ATO shares have lost -5.22% over the last week, with a monthly amount drifted -2.05%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Previously, Argus upgraded its rating to Buy on December 20, 2024, and kept the price target unchanged to $150. Jefferies started tracking the stock assigning a Hold rating and suggested a price target of $155 on October 02, 2024. Ladenburg Thalmann initiated its recommendation with a Buy and recommended $144 as its price target on September 09, 2024. Wells Fargo upgraded its rating to Overweight for this stock on May 14, 2024, and upped its price target to $132. In a note dated April 12, 2024, UBS initiated an Neutral rating and provided a target price of $124 on this stock.
For the past year, the stock price of Atmos Energy Corp fluctuated between $110.97 and $157.62. Currently, Wall Street analysts expect the stock to reach $156 within the next 12 months. Atmos Energy Corp [NYSE: ATO] shares were valued at $146.85 at the most recent close of the market. An investor can expect a potential return of 6.23% based on the average ATO price forecast.
Analyzing the ATO fundamentals
According to Atmos Energy Corp [NYSE:ATO], the company’s sales were 4.18B for trailing twelve months, which represents an 1.51% jump. Gross Profit Margin for this corporation currently stands at 0.52% with Operating Profit Margin at 0.34%, Pretax Profit Margin comes in at 0.31%, and Net Profit Margin reading is 0.26%. To continue investigating profitability, this company’s Return on Assets is posted at 0.04, Equity is 0.07 and Total Capital is 0.05. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.0.
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 144.73 points at the first support level, and at 142.62 for the second support level. However, for the 1st resistance point, the stock is sitting at 149.67, and for the 2nd resistance point, it is at 152.48.
Ratios To Look Out For
It is important to note that Atmos Energy Corp [NYSE:ATO] has a current ratio of 1.56. Further, the Quick Ratio stands at 1.43, while the Cash Ratio is 0.5. Considering the valuation of this stock, the price to sales ratio is 5.57, the price to book ratio is 1.82 and price to earnings (TTM) ratio is 21.00.
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.
