Atmos Energy Corp. Upgraded to “Outperform” at Zacks (ATO)
Atmos Energy Corp. (NYSE:ATO) was upgraded by Zacks from a “neutral” rating to an “outperform” rating in a research note issued to investors on Wednesday, AmericanBankingNews.com reports. The firm currently has a $46.20 target price on the stock. Zacks‘ price target suggests a potential upside of 12.03% from the company’s current price.
Atmos Energy Corp. (NYSE:ATO) traded down 0.17% on Wednesday, hitting $41.17. The stock had a trading volume of 1,017,245 shares. Atmos Energy Corp. has a 52 week low of $32.94 and a 52 week high of $45.55. The stock’s 50-day moving average is $41.23 and its 200-day moving average is $42.37. The company has a market cap of $3.732 billion and a P/E ratio of 15.53.
Atmos Energy Corp. (NYSE:ATO) last issued its quarterly earnings data on Tuesday, August 6th. The company reported $0.42 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.14) by $0.56. During the same quarter in the prior year, the company posted $0.32 earnings per share. Analysts expect that Atmos Energy Corp. will post $2.52 EPS for the current fiscal year.
Atmos Energy Corporation (NYSE:ATO) is engaged primarily in the regulated natural gas distribution and transmission and storage businesses, as well as other nonregulated natural gas businesses.
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