Atmos Energy Corp (NYSE: ATO) suffers from exceptional negative changes in investment behavior: the stock’s recent price decline challenged its longer term uptrend, its shorter term price trend turned down, and its longer term price trend turned down.
Recent minimal negative changes in fundamentals have impacted Atmos Energy Corp (NYSE: ATO): significant quarterly sales deceleration occurred.
In light of these highly negative signals we are reviewing our current Overall Rating of C. We would view the shares with caution pending completion of this review in the next several days.
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 (Neutral). This rating combines highly consistent signals from two proprietary PTR measures of a stock’s attractiveness. Atmos Energy has a neutral Appreciation Score of 53 and a neutral Power Rating of 45, producing the Neutral Value Trend Rating.
Recent Price Action
Atmos Energy Corp (NYSE: ATO) stock closed at $112.04 on 5/28/24 after a slight decline of -0.5%. Moreover, above average trading volume at 139% of normal accompanied the decline. The stock has performed in line with the market over the last nine months and has declined -5.6% during the last week.
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