For its fourth fiscal quarter (ending September 30), Atmos Energy Corp (NYSE: ATO) has reported a 8% increase in E.P.S. from $0.80 a year ago to $0.86 in the current quarter. E.P.S. were $6.83 for the latest four quarters through September 30 versus $6.10 for the same period a year ago — an increase of 12%.
Recent Price Action
On 11/6/24, Atmos Energy Corp (NYSE: ATO) stock rose modestly by 0.7%, closing at $138.88. Moreover, this advance was accompanied by above average trading volume at 141% of normal. The stock has declined -1.1% during the last week but has been strong relative to the market over the last nine months.
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 (High Neutral). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Atmos Energy has a neutral Appreciation Score of 46 but a good Power Rating of 78, resulting in the High Neutral Value Trend Rating.
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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