News coverage about Atmos Energy (NYSE:ATO) has trended positive on Tuesday, Accern Sentiment Analysis reports. Accern identifies positive and negative press coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Atmos Energy earned a daily sentiment score of 0.28 on Accern’s scale. Accern also assigned media coverage about the utilities provider an impact score of 45.9520411821965 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
These are some of the headlines that may have impacted Accern Sentiment’s scoring:
- Atmos Energy Co. (ATO) Given Consensus Rating of “Buy” by Brokerages (americanbankingnews.com)
- Atmos Energy (ATO) Lifted to “Buy” at Zacks Investment Research (americanbankingnews.com)
- Atmos Energy (ATO) Downgraded by Zacks Investment Research to “Hold” (americanbankingnews.com)
- This Dividend Stock Just Upped Its Payout 7.8% by Keeping It Simple (finance.yahoo.com)
ATO has been the topic of several analyst reports. JPMorgan Chase & Co. increased their price target on shares of Atmos Energy from $91.00 to $94.00 and gave the stock an “overweight” rating in a research note on Thursday, October 12th. Zacks Investment Research upgraded shares of Atmos Energy from a “hold” rating to a “buy” rating and set a $103.00 target price on the stock in a research note on Tuesday, December 12th. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and four have issued a buy rating to the company. The company currently has a consensus rating of “Buy” and an average target price of $89.20.
Atmos Energy (ATO) traded down $0.86 during trading hours on Tuesday, reaching $82.59. 569,247 shares of the company were exchanged, compared to its average volume of 538,817. Atmos Energy has a 1-year low of $72.54 and a 1-year high of $93.56. The company has a quick ratio of 0.35, a current ratio of 0.53 and a debt-to-equity ratio of 0.79. The firm has a market cap of $9,200.00, a price-to-earnings ratio of 22.88, a PEG ratio of 3.09 and a beta of 0.40.
Atmos Energy (NYSE:ATO) last posted its earnings results on Wednesday, November 8th. The utilities provider reported $0.34 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.34. During the same quarter last year, the business earned $0.40 earnings per share. equities analysts anticipate that Atmos Energy will post 3.61 EPS for the current fiscal year.
The company also recently announced a quarterly dividend, which was paid on Monday, December 11th. Investors of record on Monday, November 27th were paid a $0.485 dividend. The ex-dividend date of this dividend was Friday, November 24th. This is a positive change from Atmos Energy’s previous quarterly dividend of $0.45. This represents a $1.94 dividend on an annualized basis and a yield of 2.35%. Atmos Energy’s dividend payout ratio (DPR) is presently 53.74%.
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Atmos Energy Company Profile
Atmos Energy Corporation is a fully-regulated, natural-gas-only distributor engaged primarily in the regulated natural gas distribution and pipeline businesses, as well as other nonregulated natural gas businesses. It operates through three segments: regulated distribution segment, which includes its regulated distribution and related sales operations; regulated pipeline segment, which includes pipeline and storage operations of its Atmos Pipeline-Texas Division, and nonregulated segment, which includes its nonregulated natural gas management, nonregulated natural gas transmission, storage and other services.
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