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.
Several price targets were given for ATO by the analysts covering the stock. The highest price target was 91, which equates to a potential upside of 4.8 percent. The most pessimistic price target was 74, which equates to a potential downside of -14.78 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by them.
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. Meanwhile, fiscal year estimates have been revised upwards by 0.28 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 1.55 percent.
People are often interested in whether analysts were united in the direction of their revisions. 2 analysts made positive revisions to their quarterly estimates over the past month, which can be compared to the 0 analysts that decreased their estimates. Also over the last month, 2 analysts increased their estimates for the FY earnings, compared to 0 analysts that revised their FY estimates downwards.
Analysts estimate earnings of ATO to grow at a rate of -3.76 percent. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. A lower PEG ratio is favorable, because that is often interpreted as the company being fairly priced relative to its growth rate. People often look for the PEG ratio to be under 1, although it is frequently more appropriate to compare PEG ratios to the company's peers. ATO has a PEG ratio of -6.19.
In the trailing 52-weeks, ATO hit 87.09 at the highest peak, while it's lowest trading point was 68.51. 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 is estimated to release their earnings results for the quarter on 0000-00-00, days from today.