Atmos Energy (ATO) Getting Somewhat Positive Press Coverage, Report Finds

News headlines about Atmos Energy (NYSE:ATO) have trended somewhat positive on Friday, Accern Sentiment reports. The research group rates the sentiment of media coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Atmos Energy earned a media sentiment score of 0.17 on Accern’s scale. Accern also gave news stories about the utilities provider an impact score of 45.5764372331444 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.

Shares of Atmos Energy (NYSE:ATO) traded up $0.24 on Friday, hitting $91.80. 521,300 shares of the company’s stock traded hands, compared to its average volume of 377,712. Atmos Energy has a one year low of $72.02 and a one year high of $93.56. The firm has a market capitalization of $10,140.41, a PE ratio of 24.91, a price-to-earnings-growth ratio of 3.67 and a beta of 0.40. The company has a debt-to-equity ratio of 0.79, a quick ratio of 0.35 and a current ratio of 0.53.

Atmos Energy (NYSE:ATO) last announced its earnings results on Wednesday, November 8th. The utilities provider reported $0.34 EPS for the quarter, hitting the consensus estimate of $0.34. During the same quarter last year, the firm earned $0.40 earnings per share. sell-side analysts forecast that Atmos Energy will post 3.61 EPS for the current year.

The business also recently declared a quarterly dividend, which will be paid on Monday, December 11th. Investors of record on Monday, November 27th will be issued a dividend of $0.485 per share. This is a boost from Atmos Energy’s previous quarterly dividend of $0.45. This represents a $1.94 annualized dividend and a dividend yield of 2.11%. The ex-dividend date of this dividend is Friday, November 24th. Atmos Energy’s dividend payout ratio (DPR) is currently 51.87%.

Several brokerages have commented on ATO. BidaskClub upgraded shares of Atmos Energy from a “hold” rating to a “buy” rating in a report on Friday, August 18th. Argus raised their target price on shares of Atmos Energy from $92.00 to $97.00 and gave the stock a “buy” rating in a report on Wednesday, August 23rd. J P Morgan Chase & Co raised their target price on shares of Atmos Energy from $91.00 to $94.00 and gave the stock an “overweight” rating in a report on Thursday, October 12th. Finally, Goldman Sachs Group reiterated a “neutral” rating and issued a $77.00 target price (up from $67.00) on shares of Atmos Energy in a report on Friday, September 1st. One research analyst has rated the stock with a sell rating, two have given a hold rating and four have given a buy rating to the stock. The company has a consensus rating of “Hold” and an average target price of $86.80.

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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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