For its second fiscal quarter (ending March 31), Atmos Energy Corp (NYSE: ATO) has reported a 15% increase in E.P.S. from $2.48 a year ago to $2.85 in the current quarter. This result exceeded the consensus estimate of $2.67 by $0.18. For the latest four quarters through March 31, E.P.S. were $6.67 versus $5.83 for the same period a year ago — an increase of 14%.
Recent Price Action
On 5/8/24, Atmos Energy Corp (NYSE: ATO) stock rose slightly by 0.2%, closing at $120.59. Moreover, above average trading volume at 121% of normal accompanied the advance. The stock has performed in line with the market over the last nine months and has risen 2.3% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be above the cost of capital, ATO is expected to continue to be an important Value Builder.
Atmos Energy has a current Value Trend Rating of C (Low Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing highly consistent signals. Atmos Energy has a neutral Appreciation Score of 49 and a neutral Power Rating of 46, with the Low 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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