Zacks Research Issues Negative Outlook for ONE Gas Earnings

ONE Gas, Inc. (NYSE:OGS) – Stock analysts at Zacks Research decreased their FY2026 earnings per share estimates for shares of ONE Gas in a research note issued to investors on Monday, April 21st. Zacks Research analyst R. Department now expects that the utilities provider will post earnings per share of $4.39 for the year, down from their prior forecast of $4.40. The consensus estimate for ONE Gas’ current full-year earnings is $4.26 per share.

ONE Gas (NYSE:OGS) last announced its quarterly earnings results on Wednesday, February 19th. The utilities provider reported $1.34 earnings per share for the quarter, meeting analysts’ consensus estimates of $1.34. ONE Gas had a net margin of 10.70% and a return on equity of 7.70%. The firm had revenue of $630.70 million for the quarter, compared to analysts’ expectations of $973.58 million.

OGS has been the topic of a number of other research reports. Jefferies Financial Group upgraded shares of ONE Gas from a “hold” rating to a “buy” rating and lifted their price objective for the company from $76.00 to $84.00 in a research note on Monday, April 7th. LADENBURG THALM/SH SH raised shares of ONE Gas to a “hold” rating in a research note on Monday, March 17th. StockNews.com raised shares of ONE Gas from a “sell” rating to a “hold” rating in a research report on Wednesday, March 12th. Finally, Morgan Stanley set a $74.00 target price on ONE Gas and gave the stock an “outperform” rating in a research report on Wednesday. Four analysts have rated the stock with a hold rating and four have issued a buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $75.79.

ONE Gas Price Performance

OGS stock opened at $77.89 on Thursday. The stock has a 50-day simple moving average of $74.68 and a 200-day simple moving average of $72.93. The firm has a market cap of $4.67 billion, a P/E ratio of 19.92, a price-to-earnings-growth ratio of 3.64 and a beta of 0.74. The company has a debt-to-equity ratio of 0.77, a quick ratio of 0.37 and a current ratio of 0.64. ONE Gas has a 1 year low of $58.31 and a 1 year high of $79.24.

Institutional Trading of ONE Gas

A number of institutional investors and hedge funds have recently modified their holdings of OGS. Arizona State Retirement System increased its position in ONE Gas by 0.9% in the fourth quarter. Arizona State Retirement System now owns 16,442 shares of the utilities provider’s stock worth $1,139,000 after buying an additional 152 shares during the period. Ameriprise Financial Inc. raised its holdings in shares of ONE Gas by 0.3% in the 4th quarter. Ameriprise Financial Inc. now owns 61,011 shares of the utilities provider’s stock worth $4,225,000 after purchasing an additional 154 shares in the last quarter. State of Alaska Department of Revenue lifted its position in shares of ONE Gas by 2.7% during the 1st quarter. State of Alaska Department of Revenue now owns 6,638 shares of the utilities provider’s stock valued at $501,000 after acquiring an additional 175 shares during the last quarter. Oppenheimer Asset Management Inc. boosted its stake in shares of ONE Gas by 0.9% during the 4th quarter. Oppenheimer Asset Management Inc. now owns 21,615 shares of the utilities provider’s stock worth $1,497,000 after acquiring an additional 187 shares in the last quarter. Finally, LPL Financial LLC grew its holdings in shares of ONE Gas by 0.8% in the 4th quarter. LPL Financial LLC now owns 28,800 shares of the utilities provider’s stock worth $1,994,000 after acquiring an additional 220 shares during the last quarter. 88.71% of the stock is owned by institutional investors and hedge funds.

ONE Gas Company Profile

ONE Gas, Inc, together with its subsidiaries, operates as a regulated natural gas distribution company in the United States. The company provides natural gas distribution services to approximately 2.3 million customers in Oklahoma, Kansas, and Texas. It serves residential, commercial, and transportation customers.