Shares of Atmos Energy Co. (NYSE:ATO) have received an average recommendation of “Buy” from the ten research firms that are currently covering the stock, MarketBeat.com reports. One investment analyst has rated the stock with a sell recommendation, two have assigned a hold recommendation and seven have assigned a buy recommendation to the company. The average 1 year target price among brokers that have covered the stock in the last year is $99.33.

Several equities analysts have weighed in on ATO shares. Zacks Investment Research upgraded shares of Atmos Energy from a “hold” rating to a “buy” rating and set a $101.00 price objective on the stock in a research report on Monday, December 31st. Bank of America lifted their price objective on shares of Atmos Energy from $94.00 to $101.00 and gave the stock a “buy” rating in a research report on Monday, October 29th. Citigroup lifted their price objective on shares of Atmos Energy from $88.00 to $103.00 and gave the stock a “neutral” rating in a research report on Thursday, November 29th. Morgan Stanley set a $103.00 price objective on shares of Atmos Energy and gave the stock a “buy” rating in a research report on Thursday, October 11th. Finally, UBS Group cut shares of Atmos Energy from a “buy” rating to a “neutral” rating and set a $106.00 price objective on the stock. in a research report on Thursday, December 13th. They noted that the move was a valuation call.

Atmos Energy stock traded up $0.95 during mid-day trading on Friday, hitting $96.15. The company’s stock had a trading volume of 6,748 shares, compared to its average volume of 603,943. The company has a debt-to-equity ratio of 0.52, a quick ratio of 0.16 and a current ratio of 0.25. The firm has a market cap of $10.63 billion, a price-to-earnings ratio of 24.04, a price-to-earnings-growth ratio of 3.43 and a beta of 0.17. Atmos Energy has a twelve month low of $76.46 and a twelve month high of $100.76.

Atmos Energy (NYSE:ATO) last posted its quarterly earnings results on Wednesday, November 7th. The utilities provider reported $0.41 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.36 by $0.05. The business had revenue of $444.70 million during the quarter, compared to analyst estimates of $613.41 million. The company’s quarterly revenue was down 4.3% compared to the same quarter last year. During the same quarter last year, the firm posted $0.34 EPS. As a group, equities analysts predict that Atmos Energy will post 4.28 EPS for the current fiscal year.

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. NEXT Financial Group Inc acquired a new stake in shares of Atmos Energy during the 3rd quarter valued at $115,000. Qube Research & Technologies Ltd acquired a new stake in shares of Atmos Energy during the 2nd quarter valued at $111,000. Sound Income Strategies LLC acquired a new stake in shares of Atmos Energy during the 4th quarter valued at $158,000. Rockland Trust Co. acquired a new stake in shares of Atmos Energy during the 3rd quarter valued at $201,000. Finally, EP Wealth Advisors LLC acquired a new stake in shares of Atmos Energy during the 3rd quarter valued at $205,000. Hedge funds and other institutional investors own 74.38% of the company’s stock.

About Atmos Energy

Atmos Energy Corporation, together with its subsidiaries, engages in the regulated natural gas distribution, and pipeline and storage businesses in the United States. It operates through Distribution, and Pipeline and Storage segments. The Distribution segment is involved in the regulated natural gas distribution and related sales operations in eight states.

Further Reading: Do Tariffs Work?

Analyst Recommendations for Atmos Energy (NYSE:ATO)

Receive News & Ratings for Atmos Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Atmos Energy and related companies with MarketBeat.com's FREE daily email newsletter.