Analyst Ratings for Atmos Energy Corp. (ATO)

Updated: 2017-07-26

Atmos Energy Corp. (NYSE:ATO) was awarded an average rating of Overweight from investment analysts following the stock. About 30 days ago, ATO was issued an average rating of Overweight.

13 analysts issued ratings on the stock, where 6 gave ATO a buy rating, 0 issued an overweight rating, 6 gave a hold rating, 0 gave an underweight rating, and 1 issued a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has increased by 0. During this time, the number of analysts bearish on the stock has increased by 0.

Many analysts weighed in on price targets for ATO. The most optimistic price target was 91, which equates to a potential upside of 4.8 percent. The lowest price target was 74, which equates to a potential downside of -14.78 percent. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0.77 percent. That number becomes -2.94 percent if we expand the time horizon to include the past 3 months instead of just one. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0.28 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of 1.55 percent in FY estimates.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 2 analysts have revised their quarterly estimates upwards in the past 30 days, while 0 analysts revised their estimates downwards. Also over the last month, 2 analysts increased their estimates for the FY earnings, compared to 0 analysts that revised their FY estimates downwards.

ATO has an estimated earnings growth rate of -3.76 percent as forecasted by analysts. The PEG ratio of a stock is another value frequently studied by investors. A lower PEG ratio is favorable, because that is often interpreted as the company being fairly priced relative to its growth rate. PEG ratios below 1 are often considered desirable, even though it may be more relevant to compare the ratio to that of a firm's competitors. The PEG ratio of ATO is -6.19.

ATO has traded between a high of 87.09 and a low of 68.51 over the past year. Today's price is 26.74 percent above the 52-week low, and below the high by 0.3 percent. ATO has a price/earnings ratio of 23.28. Investors typically compare the P/E ratio to a company's peers in the industry. The ATO value stock report compares ATO to some of its peers using value stock charts. The stock has a market capitalization of $9.15 billion. ATO's next earnings release will be on 0000-00-00, which is days away.