2.02% volatility in Atmos Energy Corporation (ATO) last month: This is a red flag warning

On January 24, 2023, Atmos Energy Corporation (NYSE: ATO) opened at $114.35, higher 1.17% from the last session. During the day, the shares moved up to $115.10 and dropped to $112.10 before settling in for the closing price of $113.52. Price fluctuations for ATO have ranged from $97.71 to $122.96 over the past 52 weeks.

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It was noted that within the last five years, the titan of the Utilities sector saw sales topped by 8.80%. Company’s average yearly earnings per share was noted 9.40% at the time writing. With a float of $139.25 million, this company’s outstanding shares have now reached $140.92 million.

The extent of productivity of a business whose workforce counts for 4791 workers is very important to gauge. In terms of profitability, gross margin is +30.30, operating margin of +21.92, and the pretax margin is +20.28.

Atmos Energy Corporation (ATO) Insider Updates

A key investor’s attitude towards the stock of the Utilities – Regulated Gas industry is another important factor to consider. The insider ownership of Atmos Energy Corporation is 0.30%, while institutional ownership is 93.70%. The most recent insider transaction that took place on Nov 15, was worth 121,407. In this transaction VICE PRESIDENT & CONTROLLER of this company sold 1,100 shares at a rate of $110.37, taking the stock ownership to the 2,891 shares. Before that another transaction happened on Oct 14, when Company’s SR VP, UTILITY OPERATIONS sold 2 for $101.04, making the entire transaction worth $202. This insider now owns 20,895 shares in total.

Atmos Energy Corporation (ATO) Performance Highlights and Predictions

If we go through the results of last quarter, which was made public on 6/29/2022, the company posted $0.92 earnings per share (EPS) for the quarter, besting the agreed prediction (set at $0.84) by $0.08. This company achieved a net margin of +18.42 while generating a return on equity of 8.93. Wall Street market experts anticipate that the next fiscal year will bring earnings of 2.13 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 9.40% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 8.16% during the next five years compared to 9.20% growth over the previous five years of trading.

Atmos Energy Corporation (NYSE: ATO) Trading Performance Indicators

Check out the current performance indicators for Atmos Energy Corporation (ATO). In the past quarter, the stock posted a quick ratio of 0.70. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.82.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 5.56, a number that is poised to hit 1.89 in the next quarter and is forecasted to reach 6.44 in one year’s time.

Technical Analysis of Atmos Energy Corporation (ATO)

The latest stats from [Atmos Energy Corporation, ATO] show that its last 5-days average volume of 0.62 million was inferior to 0.7 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 42.92%. Additionally, its Average True Range was 2.37.

During the past 100 days, Atmos Energy Corporation’s (ATO) raw stochastic average was set at 73.35%, which indicates a significant increase from 68.23% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 24.52% in the past 14 days, which was lower than the 28.13% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $114.91, while its 200-day Moving Average is $112.91. Now, the first resistance to watch is $115.93. This is followed by the second major resistance level at $117.02. The third major resistance level sits at $118.93. If the price goes on to break the first support level at $112.93, it is likely to go to the next support level at $111.02. Assuming the price breaks the second support level, the third support level stands at $109.93.

Atmos Energy Corporation (NYSE: ATO) Key Stats

There are currently 141,016K shares outstanding in the company with a market cap of 16.06 billion. Presently, the company’s annual sales total 4,202 M according to its annual income of 774,400 K. Last quarter, the company’s sales amounted to 722,630 K and its income totaled 71,640 K.


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