Atmos Energy Corp. (NYSE: ATO) on Tuesday, plunged -0.74% from the previous trading day, before settling in for the closing price of $141.49. Within the past 52 weeks, ATO’s price has moved between $105.51 and $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. The company achieved an average annual earnings per share of 11.39%. With a float of $154.69 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 and Institutional Ownership
Observing investor behavior towards Utilities – Regulated Gas industry stocks is more important than anything else. The insider ownership of Atmos Energy Corp. is 0.35%, while institutional ownership is 93.56%. 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 11.39% 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
Atmos Energy Corp. (ATO) is currently performing well based on its current performance indicators. A quick ratio of 1.57 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 5.32.
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 0.67 million. That was inferior than the volume of 0.87 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 13.09%. Additionally, its Average True Range was 1.79.
During the past 100 days, Atmos Energy Corp.’s (ATO) raw stochastic average was set at 87.46%, which indicates a significant increase from 41.23% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 12.35% in the past 14 days, which was lower than the 13.01% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $136.68, while its 200-day Moving Average is $122.29. However, in the short run, Atmos Energy Corp.’s stock first resistance to watch stands at $141.04. Second resistance stands at $141.62. The third major resistance level sits at $142.12. If the price goes on to break the first support level at $139.96, it is likely to go to the next support level at $139.46. The third support level lies at $138.88 if the price breaches the second support level.
Atmos Energy Corp. (NYSE: ATO) Key Stats
Market capitalization of the company is 21.80 billion based on 155,233K outstanding shares. Right now, sales total 4,275 M and income totals 885,860 K. The company made 701,550 K in profit during its latest quarter, and 165,560 K in sales during its previous quarter.
