ONE Gas, Inc. (NYSE:OGS) Stock Has Average Price Target of $88.95 According to Analysts

ONE Gas, Inc. (NYSE:OGS) has been assigned an average rating of “Moderate Buy” from the twelve brokerages that are covering the firm, Marketbeat.com reports. Five investment analysts have rated the stock with a hold rating and seven have issued a buy rating on the company. The average 1 year price objective among analysts that have issued a report on the stock in the last year is $88.95.

OGS has been the subject of several recent analyst reports. LADENBURG THALM/SH SH raised ONE Gas from a “neutral” rating to a “buy” rating and set a $85.50 target price for the company in a research note on Thursday, August 13th. Truist Financial lowered their price target on ONE Gas from $89.00 to $87.00 and set a “buy” rating for the company in a report on Thursday, August 13th. Mizuho cut their price objective on ONE Gas from $94.00 to $89.00 and set an “outperform” rating for the company in a research report on Tuesday, June 9th. BTIG Research restated a “buy” rating and issued a $96.00 price objective on shares of ONE Gas in a report on Thursday, July 23rd. Finally, Weiss Ratings raised shares of ONE Gas from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Monday, September 21st.

Institutional Investors Weigh In On ONE Gas

Several large investors have recently added to or reduced their stakes in the business. Bessemer Group Inc. raised its position in shares of ONE Gas by 61.0% during the 1st quarter. Bessemer Group Inc. now owns 549 shares of the utilities provider’s stock worth $47,000 after acquiring an additional 208 shares in the last quarter. Caitong International Asset Management Co. Ltd boosted its holdings in ONE Gas by 495.7% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 560 shares of the utilities provider’s stock valued at $43,000 after purchasing an additional 466 shares in the last quarter. State of Wyoming acquired a new position in ONE Gas in the second quarter valued at approximately $60,000. EverSource Wealth Advisors LLC increased its stake in ONE Gas by 25.2% in the fourth quarter. EverSource Wealth Advisors LLC now owns 799 shares of the utilities provider’s stock valued at $62,000 after purchasing an additional 161 shares during the last quarter. Finally, Versant Capital Management Inc increased its stake in ONE Gas by 219.3% in the second quarter. Versant Capital Management Inc now owns 878 shares of the utilities provider’s stock valued at $68,000 after purchasing an additional 603 shares during the last quarter. 88.71% of the stock is owned by hedge funds and other institutional investors.

ONE Gas Stock Down 0.4%

Shares of OGS opened at $71.52 on Tuesday. The company has a current ratio of 0.48, a quick ratio of 0.37 and a debt-to-equity ratio of 0.66. ONE Gas has a 12 month low of $70.91 and a 12 month high of $90.78. The stock’s 50 day moving average is $78.56 and its two-hundred day moving average is $81.29. The firm has a market cap of $4.50 billion, a P/E ratio of 15.41, a PEG ratio of 1.97 and a beta of 0.67.

ONE Gas (NYSE:OGS) last announced its earnings results on Tuesday, August 4th. The utilities provider reported $0.82 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.63 by $0.19. ONE Gas had a net margin of 12.47% and a return on equity of 8.81%. The business had revenue of $411.64 million for the quarter, compared to analyst estimates of $410.29 million. During the same quarter last year, the business earned $0.53 earnings per share. The company’s revenue for the quarter was down 2.8% compared to the same quarter last year. ONE Gas has set its FY 2026 guidance at 4.830-4.950 EPS. Analysts predict that ONE Gas will post 4.92 earnings per share for the current fiscal year.

ONE Gas Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, August 31st. Investors of record on Monday, August 17th were issued a $0.68 dividend. This represents a $2.72 annualized dividend and a dividend yield of 3.8%. The ex-dividend date was Monday, August 17th. ONE Gas’s payout ratio is currently 58.62%.

ONE Gas Company Profile