Atmos Energy Corp. (NYSE: ATO) kicked off on Friday, down -0.35% from the previous trading day, before settling in for the closing price of $143.76. Over the past 52 weeks, ATO has traded in a range of $105.44-$144.32.
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A company in the Utilities sector has jumped its sales by 10.77% annually for the last half of the decade. While this was happening, its average annual earnings per share was recorded 11.39%. With a float of $154.70 million, this company’s outstanding shares have now reached $155.23 million.
In an organization with 5019 employees, it is important to assess its efficiency. 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 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 0.35%, while institutional ownership is 93.63%. 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) Performance Highlights and Predictions
In the latest quarterly report, which was put into the public domain on 6/30/2024, the organization reported 0.8 earnings per share (EPS), higher than consensus estimate (set at 0.72) by 0.08. Wall Street market experts anticipate that the next fiscal year will bring earnings of 2.22 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 11.39% 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
Take a look at Atmos Energy Corp.’s (ATO) current performance indicators. Last quarter, stock had a quick ratio of 1.57. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 5.43.
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)
Let’s dig in a bit further. During the last 5-days, its volume was 0.58 million. That was inferior than the volume of 0.88 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 91.34%. Additionally, its Average True Range was 1.84.
During the past 100 days, Atmos Energy Corp.’s (ATO) raw stochastic average was set at 96.82%, which indicates a significant increase from 86.16% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 10.94% in the past 14 days, which was lower than the 13.46% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $134.87, while its 200-day Moving Average is $121.44. However, in the short run, Atmos Energy Corp.’s stock first resistance to watch stands at $143.97. Second resistance stands at $144.67. The third major resistance level sits at $145.47. If the price goes on to break the first support level at $142.47, it is likely to go to the next support level at $141.67. Assuming the price breaks the second support level, the third support level stands at $140.97.
Atmos Energy Corp. (NYSE: ATO) Key Stats
The company with the Market Capitalisation of 22.24 billion has total of 150,877K 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 701,550 K and last quarter income was 165,560 K.
