Atmos Energy Corp. (ATO) Posts Quarterly Earnings Results, Beats Estimates By $0.02 EPS
Atmos Energy Corp. (NYSE:ATO) released its earnings data on Tuesday. The company reported $0.88 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.86 by $0.02, American Banking and Market News reports.
Atmos Energy Corp. (NYSE:ATO) traded up 0.19% during mid-day trading on Tuesday, hitting $46.80. The stock had a trading volume of 698,304 shares. Atmos Energy Corp. has a 52 week low of $37.22 and a 52 week high of $48.38. The stock has a 50-day moving average of $45.72 and a 200-day moving average of $43.77. The company has a market cap of $4.255 billion and a P/E ratio of 17.67.
A number of research firms have recently commented on ATO. Analysts at Zacks downgraded shares of Atmos Energy Corp. from an “outperform” rating to a “neutral” rating in a research note to investors on Wednesday, November 27th. They now have a $50.20 price target on the stock. Analysts at Barclays raised their price target on shares of Atmos Energy Corp. from $46.00 to $50.00 in a research note to investors on Wednesday, November 13th. They now have an “equal weight” rating on the stock.
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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