On Tuesday, Atmos Energy Corp (NYSE: ATO) was 0.23% up from the session before settling in for the closing price of $137.67. A 52-week range for ATO has been $107.82 – $144.32.
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Annual sales at Utilities sector company grew by 10.77% over the past five years. When this article was written, the company’s average yearly earnings per share was at 11.42%. With a float of $154.70 million, this company’s outstanding shares have now reached $155.23 million.
Let’s look at the performance matrix of the company that is accounted for 5019 employees. 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
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Atmos Energy Corp stocks. The insider ownership of Atmos Energy Corp is 0.35%, while institutional ownership is 93.57%. 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
Going through the last 3-months fiscal report unveiled on the 6/30/2024, it has been observed that the corporation posted 0.8 earnings per share (EPS) during the time that was better than consensus figure (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 11.42% 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
You can see what Atmos Energy Corp (ATO) is doing with its current performance indicators. In the most recent 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 5.23.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 6.81, a number that is poised to hit 0.81 in the next quarter and is forecasted to reach 7.13 in one year’s time.
Technical Analysis of Atmos Energy Corp (ATO)
Atmos Energy Corp (NYSE: ATO) saw its 5-day average volume 0.85 million, a negative change from its year-to-date volume of 0.87 million. As of the previous 9 days, the stock’s Stochastic %D was 11.45%. Additionally, its Average True Range was 1.78.
During the past 100 days, Atmos Energy Corp’s (ATO) raw stochastic average was set at 79.46%, which indicates a significant increase from 17.18% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 8.37% in the past 14 days, which was lower than the 13.12% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $137.55, while its 200-day Moving Average is $122.92. Nevertheless, the first resistance level for the watch stands at $138.42 in the near term. At $138.86, the stock is likely to face the second major resistance level. The third major resistance level sits at $139.73. If the price goes on to break the first support level at $137.10, it is likely to go to the next support level at $136.23. Assuming the price breaks the second support level, the third support level stands at $135.79.
Atmos Energy Corp (NYSE: ATO) Key Stats
There are 155,233K outstanding shares of the company, which has a market capitalization of 21.42 billion. As of now, sales total 4,275 M while income totals 885,860 K. Its latest quarter income was 701,550 K while its last quarter net income were 165,560 K.
