Atmos Energy Corp (NYSE: ATO)’s stock price has dropped by -1.50 in relation to previous closing price of 141.69. Nevertheless, the company has seen a loss of -1.08% in its stock price over the last five trading days. zacks.com reported 2025-01-15 that Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Atmos Energy (ATO) have what it takes?
Is It Worth Investing in Atmos Energy Corp (NYSE: ATO) Right Now?
Atmos Energy Corp (NYSE: ATO) has a price-to-earnings ratio of 20.40x that is above its average ratio. Additionally, the 36-month beta value for ATO is 0.71. There are mixed opinions on the stock, with 5 analysts rating it as a “buy,” 2 rating it as “overweight,” 6 rating it as “hold,” and 0 rating it as “sell.”
The public float for ATO is 154.79M and currently, short sellers hold a 2.86% ratio of that float. The average trading volume of ATO on January 24, 2025 was 846.75K shares.
ATO’s Market Performance
The stock of Atmos Energy Corp (ATO) has seen a -1.08% decrease in the past week, with a 1.15% rise in the past month, and a -1.86% fall in the past quarter. The volatility ratio for the week is 2.23%, and the volatility levels for the past 30 days are at 1.69% for ATO. The simple moving average for the past 20 days is -0.34% for ATO’s stock, with a 7.16% simple moving average for the past 200 days.
Analysts’ Opinion of ATO
Many brokerage firms have already submitted their reports for ATO stocks, with Argus repeating the rating for ATO by listing it as a “Buy.” The predicted price for ATO in the upcoming period, according to Argus is $150 based on the research report published on December 20, 2024 of the previous year 2024.
BofA Securities, on the other hand, stated in their research note that they expect to see ATO reach a price target of $156. The rating they have provided for ATO stocks is “Buy” according to the report published on December 13th, 2024.
Jefferies gave a rating of “Hold” to ATO, setting the target price at $155 in the report published on October 02nd of the previous year.
ATO Trading at -2.28% from the 50-Day Moving Average
After a stumble in the market that brought ATO to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -8.57% of loss for the given period.
Volatility was left at 1.69%, however, over the last 30 days, the volatility rate increased by 2.23%, as shares sank -0.09% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -1.33% lower at present.
During the last 5 trading sessions, ATO fell by -1.08%, which changed the moving average for the period of 200-days by +20.07% in comparison to the 20-day moving average, which settled at $140.03. In addition, Atmos Energy Corp saw 0.21% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at ATO starting from Atmos Energy Corporation Maste, who proposed sale 210,000 shares at the price of $147.22 back on Dec 10 ’24. After this action, Atmos Energy Corporation Maste now owns shares of Atmos Energy Corp, valued at $30,916,200 using the latest closing price.
Geiser Edward, the Director of Atmos Energy Corp, purchase 2,500 shares at $144.89 during a trade that took place back on Nov 11 ’24, which means that Geiser Edward is holding 2,602 shares at $362,225 based on the most recent closing price.
Stock Fundamentals for ATO
Current profitability levels for the company are sitting at:
- 0.33 for the present operating margin
- 0.5 for the gross margin
The net margin for Atmos Energy Corp stands at 0.25. The total capital return value is set at 0.06. Equity return is now at value 9.05, with 4.24 for asset returns.
Based on Atmos Energy Corp (ATO), the company’s capital structure generated 0.4 points at debt to capital in total, while cash flow to debt ratio is standing at 0.21. The debt to equity ratio resting at 0.67. The interest coverage ratio of the stock is 7.11.
Currently, EBITDA for the company is 2.1 billion with net debt to EBITDA at 3.74. When we switch over and look at the enterprise to sales, we see a ratio of 7.09. The receivables turnover for the company is 10.95for trailing twelve months and the total asset turnover is 0.17. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.81.
Conclusion
In conclusion, Atmos Energy Corp (ATO) has seen mixed performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
