Atmos Energy Corp (ATO) stock price forecast predicts $129 value

A share price of Atmos Energy Corp [ATO] is currently trading at $156.31, up 0.03%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The ATO shares have gain 4.98% over the last week, with a monthly amount glided 3.82%, and 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.

Atmos Energy Corp experienced fluctuations in its stock price throughout the past year between $110.97 and $157.62. Currently, Wall Street analysts expect the stock to reach $129 within the next 12 months. Atmos Energy Corp [NYSE: ATO] shares were valued at $156.31 at the most recent close of the market. An investor can expect a potential drop of -17.47% based on the average ATO price forecast.

Analyzing the ATO fundamentals

Trailing Twelve Months sales for Atmos Energy Corp [NYSE:ATO] were 4.18B which represents 1.51% growth. 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 155.22 points at the first support level, and at 154.12 for the second support level. However, for the 1st resistance point, the stock is sitting at 157.58, and for the 2nd resistance point, it is at 158.84.

Ratios To Look Out For

To put it in perspective, the Current Ratio for Atmos Energy Corp [NYSE:ATO] is 1.56. As well, the Quick Ratio is 1.43, while the Cash Ratio is 0.5. Considering the valuation of this stock, the price to sales ratio is 5.93, the price to book ratio is 1.94 and price to earnings (TTM) ratio is 22.35.

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.

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