Atmos Energy Corp. (ATO) recent activity suggests a positive outlook with the last week’s performance of -0.54%

On Tuesday, Atmos Energy Corp. (NYSE: ATO) opened higher 0.41% from the last session, before settling in for the closing price of $137.66. Price fluctuations for ATO have ranged from $105.44 to $140.04 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 10.77%. Company’s average yearly earnings per share was noted 11.41% at the time writing. With a float of $154.70 million, this company’s outstanding shares have now reached $155.23 million.

The extent of productivity of a business whose workforce counts for 5019 workers is very important to gauge. In terms of profitability, gross margin is 49.61%, operating margin of 32.34%, and the pretax margin is 29.64%.

Atmos Energy Corp. (ATO) Insider and Institutional Ownership

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 Corp. is 0.35%, while institutional ownership is 93.70%. The most recent insider transaction that took place on May 16 ’24, was worth 47,200. In this transaction Director of this company sold 400 shares at a rate of $118.00, taking the stock ownership to the 3,551 shares. Before that another transaction happened on Mar 27 ’24, when Company’s Director sold 15,000 for $116.46, making the entire transaction worth $1,746,850. This insider now owns 186,339 shares in total.

Atmos Energy Corp. (ATO) Latest Financial update

According to the Wall Street analysts, stocks earnings will be around 11.41% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 7.00% 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

Check out the current performance indicators for Atmos Energy Corp. (ATO). In the past quarter, the stock posted a quick ratio of 1.57. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 5.24.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 6.81, a number that is poised to hit 0.82 in the next quarter and is forecasted to reach 7.13 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 0.78 million was inferior to 0.89 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 63.20%. Additionally, its Average True Range was 1.90.

During the past 100 days, Atmos Energy Corp.’s (ATO) raw stochastic average was set at 93.77%, which indicates a significant increase from 64.44% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 9.11% in the past 14 days, which was lower than the 14.37% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $132.81, while its 200-day Moving Average is $120.43. Now, the first resistance to watch is $139.04. This is followed by the second major resistance level at $139.85. The third major resistance level sits at $140.52. If the price goes on to break the first support level at $137.56, it is likely to go to the next support level at $136.89. The third support level lies at $136.08 if the price breaches the second support level.

Atmos Energy Corp. (NYSE: ATO) Key Stats

There are currently 150,877K shares outstanding in the company with a market cap of 21.46 billion. Presently, the company’s annual sales total 4,275 M according to its annual income of 885,860 K. Last quarter, the company’s sales amounted to 701,550 K and its income totaled 165,560 K.