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3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
Stock market today: Tumbling tech stocks drag Wall Street to the finish line of another losing week
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
Stock market today: Tumbling tech stocks drag Wall Street to the finish line of another losing week
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
Stock market today: Tumbling tech stocks drag Wall Street to the finish line of another losing week
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
NYSE:ATO

Atmos Energy (ATO) Stock Price, News & Analysis

$117.20
+2.63 (+2.30%)
(As of 04/19/2024 ET)
Today's Range
$115.03
$117.26
50-Day Range
$111.60
$118.87
52-Week Range
$101.00
$125.28
Volume
1.11 million shs
Average Volume
834,178 shs
Market Capitalization
$17.68 billion
P/E Ratio
18.60
Dividend Yield
2.75%
Price Target
$124.33

Atmos Energy MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
6.1% Upside
$124.33 Price Target
Short Interest
Healthy
2.50% of Shares Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-9.39
Upright™ Environmental Score
News Sentiment
0.94mentions of Atmos Energy in the last 14 days
Based on 2 Articles This Week
Insider Trading
Selling Shares
$1.75 M Sold Last Quarter
Proj. Earnings Growth
6.07%
From $6.59 to $6.99 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.60 out of 5 stars

Utilities Sector

43rd out of 90 stocks

Natural Gas Distribution Industry

5th out of 11 stocks

ATO stock logo

About Atmos Energy Stock (NYSE:ATO)

Atmos Energy Corporation, together with its subsidiaries, engages in the regulated natural gas distribution, and pipeline and storage businesses in the United States. It operates through two segments, Distribution, and Pipeline and Storage. The Distribution segment is involved in the regulated natural gas distribution and related sales operations in eight states. This segment distributes natural gas to approximately 3.3 million residential, commercial, public authority, and industrial customers; and owned 73,689 miles of underground distribution and transmission mains. The Pipeline and Storage segment engages in the pipeline and storage operations. This segment transports natural gas for third parties and manages five underground storage facilities in Texas; provides ancillary services customary to the pipeline industry, including parking arrangements, lending, and inventory sales; and owned 5,645 miles of gas transmission lines. Atmos Energy Corporation was founded in 1906 and is headquartered in Dallas, Texas.

ATO Stock Price History

ATO Stock News Headlines

Tiny Biotech Stock Wins $75 Billion Patent
A little-known biotech has been quietly working on revolutionary treatments for neurodegenerative diseases. Most people have never heard of them... but those in the know have been taking notice. Jeff Bezos cut them a check for $130 million. Fidelity Biosciences for a further $217 million. They've even had several collaborative partnerships with much larger companies like Biogen, Sanofi, and Takeda.
UBS Group Begins Coverage on Atmos Energy (NYSE:ATO)
Atmos Energy: Slow And Steady Can Win The Race
Tiny Biotech Stock Wins $75 Billion Patent
A little-known biotech has been quietly working on revolutionary treatments for neurodegenerative diseases. Most people have never heard of them... but those in the know have been taking notice. Jeff Bezos cut them a check for $130 million. Fidelity Biosciences for a further $217 million. They've even had several collaborative partnerships with much larger companies like Biogen, Sanofi, and Takeda.
ATO Jul 2024 110.000 call
Barclays Keeps Their Hold Rating on Atmos Energy (ATO)
ATO Feb 2024 120.000 call
Atmos Energy Corp.
Atmos Energy Corp ATO
See More Headlines
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Company Calendar

Last Earnings
2/07/2024
Ex-Dividend for 3/11 Dividend
2/23/2024
Dividend Payable
3/11/2024
Today
4/19/2024
Next Earnings (Confirmed)
5/08/2024
Fiscal Year End
9/30/2024

Industry, Sector and Symbol

Sector
Utilities
Industry
Natural gas distribution
Sub-Industry
Gas Utilities
CUSIP
04956010
Employees
5,019
Year Founded
1906

Price Target and Rating

Average Stock Price Target
$124.33
High Stock Price Target
$133.00
Low Stock Price Target
$110.00
Potential Upside/Downside
+8.5%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
6 Analysts

Profitability

Net Income
$885.86 million
Pretax Margin
26.82%

Debt

Sales & Book Value

Annual Sales
$4.28 billion
Cash Flow
$10.06 per share
Book Value
$73.22 per share

Miscellaneous

Free Float
150,086,000
Market Cap
$17.28 billion
Optionable
Optionable
Beta
0.66

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Key Executives

Should I Buy Atmos Energy Stock? ATO Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in Atmos Energy Co.:

  • Atmos Energy Co. has a stable financial performance with a consistent track record of revenue generation and profitability, providing a reliable investment option.
  • Recent institutional investments by reputable firms like 17 Capital Partners LLC and Wellington Management Group LLP indicate confidence in the company's growth potential, which could lead to positive stock performance.
  • Atmos Energy Co. offers a quarterly dividend, providing investors with a source of passive income.
  • The company's stock price has shown resilience, with a 52-week high of $125.28, suggesting potential for capital appreciation.
  • Atmos Energy Co. has a healthy debt-to-equity ratio of 0.67, indicating a balanced capital structure and financial stability.

Cons

Investors should be bearish about investing in Atmos Energy Co. for these reasons:

  • Atmos Energy Co. recently reported earnings slightly below analyst estimates, which could lead to short-term stock price volatility.
  • The company's price-to-earnings-growth ratio of 2.44 suggests that the stock may be slightly overvalued compared to its growth prospects, potentially limiting upside potential.
  • Market volatility and regulatory changes in the utilities sector could impact Atmos Energy Co.'s operations and financial performance.
  • Despite recent institutional investments, the stock has experienced a slight decline, indicating potential market concerns or uncertainties surrounding the company.
  • Investors should consider the beta of 0.66 for Atmos Energy Co., which implies lower volatility compared to the market but may also indicate slower price movements.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Thursday, April 11, 2024. Please send any questions or comments about these Atmos Energy pros and cons to contact@marketbeat.com.

ATO Stock Analysis - Frequently Asked Questions

Should I buy or sell Atmos Energy stock right now?

6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Atmos Energy in the last year. There are currently 3 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" ATO shares.
View ATO analyst ratings
or view top-rated stocks.

What is Atmos Energy's stock price target for 2024?

6 analysts have issued 12-month price targets for Atmos Energy's shares. Their ATO share price targets range from $110.00 to $133.00. On average, they predict the company's share price to reach $124.33 in the next twelve months. This suggests a possible upside of 6.1% from the stock's current price.
View analysts price targets for ATO
or view top-rated stocks among Wall Street analysts.

How have ATO shares performed in 2024?

Atmos Energy's stock was trading at $115.90 at the beginning of the year. Since then, ATO stock has increased by 1.1% and is now trading at $117.20.
View the best growth stocks for 2024 here
.

Are investors shorting Atmos Energy?

Atmos Energy saw a increase in short interest during the month of March. As of March 15th, there was short interest totaling 3,920,000 shares, an increase of 15.6% from the February 29th total of 3,390,000 shares. Based on an average trading volume of 818,600 shares, the short-interest ratio is currently 4.8 days.
View Atmos Energy's Short Interest
.

When is Atmos Energy's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 8th 2024.
View our ATO earnings forecast
.

How can I listen to Atmos Energy's earnings call?

Atmos Energy will be holding an earnings conference call on Thursday, May 9th at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link.

How were Atmos Energy's earnings last quarter?

Atmos Energy Co. (NYSE:ATO) issued its quarterly earnings data on Wednesday, February, 7th. The utilities provider reported $2.08 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.09 by $0.01. The utilities provider earned $1.16 billion during the quarter, compared to analysts' expectations of $1.71 billion. Atmos Energy had a net margin of 23.43% and a trailing twelve-month return on equity of 8.62%. During the same period last year, the firm posted $1.91 EPS.
Read the conference call transcript
.

How often does Atmos Energy pay dividends? What is the dividend yield for Atmos Energy?

Atmos Energy announced a quarterly dividend on Tuesday, February 6th. Shareholders of record on Monday, February 26th will be given a dividend of $0.805 per share on Monday, March 11th. This represents a $3.22 dividend on an annualized basis and a dividend yield of 2.75%. The ex-dividend date of this dividend is Friday, February 23rd.
Read our dividend analysis for ATO
.

Is Atmos Energy a good dividend stock?

Atmos Energy (NYSE:ATO) pays an annual dividend of $3.22 per share and currently has a dividend yield of 2.81%. The company has been increasing its dividend for 40 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 51.11%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ATO will have a dividend payout ratio of 46.07% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for ATO.

What guidance has Atmos Energy issued on next quarter's earnings?

Atmos Energy issued an update on its FY 2024 earnings guidance on Tuesday, February, 6th. The company provided EPS guidance of 6.450-6.650 for the period, compared to the consensus EPS estimate of 6.580. The company issued revenue guidance of -.

What is Kim R. Cocklin's approval rating as Atmos Energy's CEO?

70 employees have rated Atmos Energy Chief Executive Officer Kim R. Cocklin on Glassdoor.com. Kim R. Cocklin has an approval rating of 91% among the company's employees. This puts Kim R. Cocklin in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Atmos Energy own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Atmos Energy investors own include Johnson & Johnson (JNJ), AT&T (T), Procter & Gamble (PG), Chevron (CVX), Abbott Laboratories (ABT), Cisco Systems (CSCO), AbbVie (ABBV), Pfizer (PFE), Walmart (WMT) and McDonald's (MCD).

Who are Atmos Energy's major shareholders?

Atmos Energy's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Perpetual Ltd (0.94%), MEAG MUNICH ERGO Kapitalanlagegesellschaft mbH (0.28%), Sumitomo Mitsui Trust Holdings Inc. (0.27%), Pensioenfonds Rail & OV (0.20%), Hennessy Advisors Inc. (0.12%) and Allspring Global Investments Holdings LLC (0.10%). Insiders that own company stock include Christopher T Forsythe, Diana J Walters, J Matt Robbins, Kim R Cocklin and Richard M Thomas.
View institutional ownership trends
.

How do I buy shares of Atmos Energy?

Shares of ATO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:ATO) was last updated on 4/19/2024 by MarketBeat.com Staff

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