Atmos Energy Corporation (NYSE:ATO) will be announcing its earnings results after the market closes on Wednesday, August 2nd. Analysts expect the company to announce earnings of $0.66 per share for the quarter. Atmos Energy Corporation has set its FY17 guidance at $3.45-3.65 EPS.
Atmos Energy Corporation (NYSE:ATO) last issued its quarterly earnings data on Wednesday, May 3rd. The utilities provider reported $1.52 EPS for the quarter, topping analysts’ consensus estimates of $1.42 by $0.10. During the same period in the prior year, the business earned $1.40 EPS. On average, analysts expect Atmos Energy Corporation to post $3.60 EPS for the current fiscal year and $3.82 EPS for the next fiscal year.
Shares of Atmos Energy Corporation (NYSE ATO) opened at 86.90 on Wednesday. The company has a market capitalization of $9.15 billion, a price-to-earnings ratio of 23.12 and a beta of 0.38. Atmos Energy Corporation has a one year low of $68.51 and a one year high of $86.98. The firm’s 50-day moving average price is $83.98 and its 200-day moving average price is $80.01.
ATO has been the subject of a number of analyst reports. Barclays PLC set a $75.00 target price on shares of Atmos Energy Corporation and gave the company a “sell” rating in a research note on Saturday, May 6th. J P Morgan Chase & Co reaffirmed an “overweight” rating and set a $89.00 target price (up previously from $88.00) on shares of Atmos Energy Corporation in a research note on Thursday, June 1st. Zacks Investment Research raised shares of Atmos Energy Corporation from a “hold” rating to a “buy” rating and set a $94.00 target price for the company in a research note on Tuesday, June 13th. Argus raised their target price on shares of Atmos Energy Corporation from $89.00 to $92.00 and gave the company a “buy” rating in a research note on Tuesday, June 13th. Finally, BidaskClub raised shares of Atmos Energy Corporation from a “buy” rating to a “strong-buy” rating in a research note on Saturday, June 17th. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and six have assigned a buy rating to the stock. Atmos Energy Corporation currently has an average rating of “Buy” and a consensus target price of $84.86.
Atmos Energy Corporation Company Profile
Atmos Energy Corporation is engaged primarily in the regulated natural gas distribution and pipeline businesses, as well as other nonregulated natural gas businesses. The Company operates through three segments: regulated distribution segment, which includes its regulated distribution and related sales operations; regulated pipeline segment, which includes the pipeline and storage operations of its Atmos Pipeline-Texas Division, and nonregulated segment, which includes its nonregulated natural gas management, nonregulated natural gas transmission, storage and other services.
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