Atmos Energy Corp (NYSE: ATO) has reported earnings for its fourth fiscal quarter (ending September 30) of $0.80 versus $0.51 for the same period a year ago — an increase of 57%. This result exceeded the consensus estimate of $0.72 by $0.08. For the latest four quarters through September 30, E.P.S. were $6.10 versus $5.61 for the same period a year ago — an increase of 9%.
Recent Price Action
Atmos Energy Corp (NYSE: ATO) stock closed at $109.27 on 11/8/23 after a modest decline of -0.5%. The stock has risen 1.5% during the last week and has been strong relative to the market over the last nine months.
Current PriceTarget Research Rating
ATO’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be a Value Builder.
Atmos Energy has a current Value Trend Rating of C (High Neutral). This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. Atmos Energy has a neutral Power Rating of 56 and a slightly positive Appreciation Score of 63, with the High Neutral Value Trend Rating the result.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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