Analyst Ratings For Atmos Energy

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Atmos Energy ATO underwent analysis by 4 analysts in the last quarter, revealing a spectrum of viewpoints from bullish to bearish.

The table below provides a concise overview of recent ratings by analysts, offering insights into the changing sentiments over the past 30 days and drawing comparisons with the preceding months for a holistic perspective.

Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish
Total Ratings 1 0 3 0 0
Last 30D 1 0 0 0 0
1M Ago 0 0 1 0 0
2M Ago 0 0 2 0 0
3M Ago 0 0 0 0 0

Analysts have set 12-month price targets for Atmos Energy, revealing an average target of $128.25, a high estimate of $138.00, and a low estimate of $121.00. This upward trend is apparent, with the current average reflecting a 4.27% increase from the previous average price target of $123.00.

Breaking Down Analyst Ratings: A Detailed Examination

The perception of Atmos Energy by financial experts is analyzed through recent analyst actions. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.

Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target
Gabriel Moreen Mizuho Raises Buy $138.00 $133.00
Sarah Akers Wells Fargo Raises Equal-Weight $130.00 $121.00
William Appicelli UBS Announces Neutral $124.00 -
Eric Beaumont Barclays Raises Equal-Weight $121.00 $115.00

Key Insights:

  • Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to Atmos Energy. This information provides a snapshot of how analysts perceive the current state of the company.
  • Rating: Gaining insights, analysts provide qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of Atmos Energy compared to the broader market.
  • Price Targets: Analysts explore the dynamics of price targets, providing estimates for the future value of Atmos Energy's stock. This examination reveals shifts in analysts' expectations over time.

Navigating through these analyst evaluations alongside other financial indicators can contribute to a holistic understanding of Atmos Energy's market standing. Stay informed and make data-driven decisions with our Ratings Table.

Stay up to date on Atmos Energy analyst ratings.

Discovering Atmos Energy: A Closer Look

Atmos Energy is the largest publicly traded, fully regulated, pure-play natural gas utility in the United States, serving more than 3 million customers in Texas, Colorado, Kansas, Kentucky, Louisiana, Mississippi, Tennessee, and Virginia. About two thirds of its earnings come from Texas, where it distributes natural gas in northern Texas and owns an intrastate gas pipeline spanning several key shale gas formations and interconnected with five storage facilities.

Atmos Energy's Economic Impact: An Analysis

Market Capitalization: Surpassing industry standards, the company's market capitalization asserts its dominance in terms of size, suggesting a robust market position.

Revenue Growth: Atmos Energy's remarkable performance in 3 months is evident. As of 31 March, 2024, the company achieved an impressive revenue growth rate of 6.9%. This signifies a substantial increase in the company's top-line earnings. In comparison to its industry peers, the company stands out with a growth rate higher than the average among peers in the Utilities sector.

Net Margin: Atmos Energy's net margin is impressive, surpassing industry averages. With a net margin of 26.21%, the company demonstrates strong profitability and effective cost management.

Return on Equity (ROE): Atmos Energy's ROE is below industry standards, pointing towards difficulties in efficiently utilizing equity capital. With an ROE of 3.77%, the company may encounter challenges in delivering satisfactory returns for shareholders.

Return on Assets (ROA): Atmos Energy's ROA lags behind industry averages, suggesting challenges in maximizing returns from its assets. With an ROA of 1.81%, the company may face hurdles in achieving optimal financial performance.

Debt Management: With a below-average debt-to-equity ratio of 0.65, Atmos Energy adopts a prudent financial strategy, indicating a balanced approach to debt management.

Analyst Ratings: What Are They?

Within the domain of banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their work involves attending company conference calls and meetings, researching company financial statements, and communicating with insiders to publish "analyst ratings" for stocks. Analysts typically assess and rate each stock once per quarter.

Beyond their standard evaluations, some analysts contribute predictions for metrics like growth estimates, earnings, and revenue, furnishing investors with additional guidance. Users of analyst ratings should be mindful that this specialized advice is shaped by human perspectives and may be subject to variability.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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