Atmos Energy Corp. (ATO)’s latest performance is not what we had anticipated

Atmos Energy Corp. (NYSE: ATO) kicked off on Tuesday, up 0.27% from the previous trading day ,before settling in for the closing price of $116.33. Over the past 52 weeks, ATO has traded in a range of $101.00-$125.28.

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It was noted that within the last five years, the titan of the Utilities sector saw sales topped by 7.24%. While this was happening, its average annual earnings per share was recorded 8.28%. With a float of $150.33 million, this company’s outstanding shares have now reached $150.84 million.

The extent of productivity of a business whose workforce counts for 5019 workers is very important to gauge.

Atmos Energy Corp. (ATO) Insider Updates

Our next focus will be how large-scale investors are participating in this stock of the Utilities – Regulated Gas Industry. The insider ownership of Atmos Energy Corp. is 0.34%, while institutional ownership is 93.55%. The most recent insider transaction that took place on Mar 27 ’24, was worth 1,746,850. In this transaction Director of this company sold 15,000 shares at a rate of $116.46, taking the stock ownership to the 186,339 shares. Before that another transaction happened on Nov 17 ’23, when Company’s VICE PRESIDENT & CONTROLLER sold 1,750 for $114.20, making the entire transaction worth $199,850. This insider now owns 2,650 shares in total.

Atmos Energy Corp. (ATO) Performance Highlights and Predictions

In the latest quarterly report, which was put into the public domain on 12/30/2023, the organization reported $2.08 earnings per share (EPS), higher than consensus estimate (set at $2.05) by $0.03. Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.08 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 8.28% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 7.50% during the next five years compared to 2.36% growth over the previous five years of trading.

Atmos Energy Corp. (NYSE: ATO) Trading Performance Indicators

Take a look at Atmos Energy Corp.’s (ATO) current performance indicators. Last quarter, stock had a quick ratio of 1.25. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 4.45. Likewise, its price to free cash flow for the trailing twelve months is 23.90.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 6.30, a number that is poised to hit 2.61 in the next quarter and is forecasted to reach 7.05 in one year’s time.

Technical Analysis of Atmos Energy Corp. (ATO)

The latest stats from [Atmos Energy Corp., ATO] show that its last 5-days average volume of 0.63 million was inferior to 0.84 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 34.62%. Additionally, its Average True Range was 1.63.

During the past 100 days, Atmos Energy Corp.’s (ATO) raw stochastic average was set at 69.44%, which indicates a significant increase from 41.00% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 13.35% in the past 14 days, which was lower than the 15.40% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $114.82, while its 200-day Moving Average is $114.50. Now, the first resistance to watch is $117.20. This is followed by the second major resistance level at $117.75. The third major resistance level sits at $118.24. If the price goes on to break the first support level at $116.15, it is likely to go to the next support level at $115.65. Assuming the price breaks the second support level, the third support level stands at $115.10.

Atmos Energy Corp. (NYSE: ATO) Key Stats

The company with the Market Capitalisation of 17.59 billion has total of 150,840K Shares Outstanding. Its annual sales at the moment are 4,275 M in contrast with the sum of 885,860 K annual income. Company’s last quarter sales were recorded 1,158 M and last quarter income was 311,290 K.