ONE Gas, Inc. (OGS) Scheduled to Post Quarterly Earnings on Monday
ONE Gas, Inc. (NYSE:OGS) is scheduled to issue its quarterly earnings data after the market closes on Monday, October 30th.
ONE Gas (NYSE:OGS) last announced its quarterly earnings data on Monday, July 31st. The utilities provider reported $0.39 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.42 by ($0.03). The company had revenue of $279.69 million for the quarter, compared to analyst estimates of $257.87 million. ONE Gas had a return on equity of 7.98% and a net margin of 10.12%. ONE Gas’s revenue was up 13.7% on a year-over-year basis. During the same period in the prior year, the business earned $0.38 earnings per share. On average, analysts expect ONE Gas to post $2.99 EPS for the current fiscal year and $3.12 EPS for the next fiscal year.
ONE Gas, Inc. (NYSE OGS) opened at 75.16 on Monday. The firm’s 50-day moving average is $74.66 and its 200 day moving average is $71.90. The firm has a market capitalization of $3.93 billion, a price-to-earnings ratio of 26.19 and a beta of 0.10. ONE Gas, Inc. has a one year low of $56.64 and a one year high of $76.06.
Several equities analysts recently commented on the stock. BidaskClub upgraded shares of ONE Gas from a “hold” rating to a “buy” rating in a research note on Tuesday, August 1st. Morgan Stanley upped their target price on shares of ONE Gas from $68.00 to $72.00 and gave the company an “underperform” rating in a research note on Thursday, August 10th. Zacks Investment Research cut shares of ONE Gas from a “buy” rating to a “hold” rating in a research note on Wednesday, July 12th. UBS AG cut shares of ONE Gas from a “neutral” rating to a “sell” rating and upped their target price for the company from $71.00 to $72.00 in a research note on Monday, October 2nd. Finally, Jefferies Group LLC reiterated a “sell” rating and set a $62.00 target price on shares of ONE Gas in a research note on Sunday, September 10th. Three investment analysts have rated the stock with a sell rating, three have assigned a hold rating and one has assigned a strong buy rating to the company. The company currently has an average rating of “Hold” and an average price target of $67.50.
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About ONE Gas
ONE Gas, Inc is a regulated natural gas distribution utility in the United States. The Company provides natural gas distribution services. The Company distributes natural gas in Oklahoma, Kansas and Texas. The Company serves residential, commercial and industrial, transportation and wholesale and public authority customers.
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