Stock Rating Upgrade
Reflecting improving fundamentals and high Appreciation Potential, the Value Trend Rating for Atmos Energy Corp (NYSE: ATO) improved in recent days. ATO’s current Value Trend Rating is B and the prior Rating was C. Details supporting this higher rating are included in our next report.
Recent Price Action
Atmos Energy Corp (NYSE: ATO) stock increased 1.9% on 11/8/24. The shares closed at $144.19. Trading volume in this advance was normal. The stock has been strong relative to the market over the last nine months and has risen 3.9% 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 B (Positive). This VT Rating improved in recent days from C previously. This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. Atmos Energy has a neutral Appreciation Score of 47 but a good Power Rating of 80, triggering the Positive Value Trend Rating.
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