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Atmos Energy (NYSE:ATO) was upgraded by stock analysts at Edward Jones from a “hold” rating to a “buy” rating in a report issued on Friday.

Shares of Atmos Energy (NYSE:ATO) traded up 0.21% on Friday, hitting $47.69. The stock had a trading volume of 26,656 shares. Atmos Energy has a one year low of $39.22 and a one year high of $53.47. The stock’s 50-day moving average is $50.94 and its 200-day moving average is $48.97. The company has a market cap of $4.782 billion and a price-to-earnings ratio of 16.59.

Atmos Energy (NYSE:ATO) last posted its quarterly earnings results on Wednesday, August 6th. The company reported $0.45 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.43 by $0.02. During the same quarter last year, the company posted $0.42 earnings per share. Analysts expect that Atmos Energy will post $2.85 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which is scheduled for Monday, September 8th. Stockholders of record on Monday, August 25th will be paid a dividend of $0.37 per share. This represents a $1.48 annualized dividend and a dividend yield of 3.11%. The ex-dividend date is Thursday, August 21st.

ATO has been the subject of a number of other recent research reports. Analysts at JPMorgan Chase & Co. set a $51.00 price target on shares of Atmos Energy in a research note on Wednesday, July 9th. Separately, analysts at Hilliard Lyons upgraded shares of Atmos Energy from a “neutral” rating to a “buy” rating in a research note on Monday, June 2nd. They now have a $65.00 price target on the stock. Finally, analysts at Barclays raised their price target on shares of Atmos Energy from $49.00 to $50.00 in a research note on Monday, May 19th. They now have an “equal weight” rating on the stock. Two analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. Atmos Energy presently has an average rating of “Buy” and an average target price of $53.75.

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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