Expert Outlook: Atmos Energy from 4 Analysts’ Perspectives – Atmos Energy (NYSE:ATO)

Atmospheric energy ATO was analyzed by four analysts last quarter, yielding a range of views from bullish to bearish.

The table below summarizes their most recent sentiments and illustrates sentiment trends over the last 30 days and compares them to previous months.

Insights are disclosed from analysts’ 12-month price targets, which represent an average target of $143.25, a high estimate of $145.00 and a low estimate of $140.00. The current average price has exceeded the previous average price target of $131.33 and is up 9.08%.

Analyst Ratings Breakdown: A Detailed Examination

A clear picture of Atmos Energy’s perception among financial professionals emerges from a thorough analysis of recent analyst actions. The summary below lists the key analysts, their latest views, valuation adjustments and price targets.

Key Takeaways:

• Measures taken: Analysts update their recommendations in response to changing market dynamics and company performance. Whether they “maintain,” “increase,” or “decrease” their stance, it means their response to recent developments related to Atmos Energy. This provides insight into how analysts view the current state of the company.
• Evaluation: Analysts gain insights and provide qualitative assessments ranging from “outperform” to “underperform.” These ratings reflect expectations for Atmos Energy’s relative performance compared to the broader market.
• Price targets: Analysts set price targets as an estimate of a stock’s future value. Comparing current and previous price targets provides insight into how analyst expectations have changed over time. This information can be valuable to investors who want to understand consensus opinions about the stock’s potential future performance.

To gain valuable insights into Atmos Energy market performance, consider these analyst ratings along with key financial indicators. Stay well-informed and make prudent decisions using our rating table.

Stay up to date with Atmos Energy analyst ratings.

About Atmos Energy

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 revenue comes from Texas, where the company distributes natural gas in North Texas and owns an intrastate gas pipeline that spans several key shale gas formations and connects to five storage facilities.

A deep dive into Atmos Energy’s financials

Market capitalization analysis: By industry standards, the company’s market capitalization is of notable size, indicating a strong market presence.

Sales growth: Atmos Energy’s three-month revenue growth was remarkable. As of June 30, 2024, the company achieved a sales growth rate of approx 5.86%. This indicates a significant increase in the company’s revenue. Compared to other companies in the utilities sector, the company was characterized by a growth rate that was above the average of its competitors.

Net margin: Atmos Energy’s financial strength is reflected in its exceptional net margin, which is above the industry average. With a remarkable net margin of 23.59%, The company is characterized by high profitability and effective cost management.

Return on equity (ROE): Atmos Energy’s ROE exceeds industry standards and highlights the company’s exceptional financial performance. With an impressive 1.39% ROE: The company uses shareholders’ equity effectively.

Return on Assets (ROA): Atmos Energy’s ROA exceeds industry benchmarks and achieves 0.68%. This means efficient asset management and strong financial health.

Debt management: The company follows a balanced debt approach with a debt-to-equity ratio below industry norms and at 0.65.

How are analyst ratings determined?

The ratings come from analysts or specialists in banking and financial systems who report on specific stocks or defined sectors (usually once a quarter for each stock). Analysts typically get their information from company conference calls and meetings, financial reports, and conversations with key insiders to make their decisions.

Some analysts also offer forecasts for metrics such as growth estimates, earnings and sales to provide further guidance on stocks. Investors using analyst ratings should note that this specific advice is human and may be subject to error.

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