ONE Gas Inc (NYSE: OGS) has reported E.P.S. of $0.48 for its second fiscal quarter (ending June 30) versus $0.59 for the same period a year ago — a decline of -19%. Relative to the consensus estimate of $0.49, this was a shortfall of $-0.01. For the latest four quarters through June 30, E.P.S. were $3.95 compared to $4.10 a year ago — a decline of -4%.
Recent Price Action
ONE Gas Inc (NYSE: OGS) stock closed at $66.60 on 8/5/24 after a decline of -3.6%. Trading volume in this decline was normal. The stock has declined -5.5% during the last week and has performed in line with the market over the last nine months.
Current PriceTarget Research Rating
OGS is expected to continue to be a modest Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
ONE Gas has a current Value Trend Rating of B (Positive). This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. ONE Gas has a neutral Power Rating of 52 and a slightly positive Appreciation Score of 70, resulting in the Positive Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
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