Key Takeaways From Atmos Energy Analyst Ratings

During the last three months, 4 analysts shared their evaluations of Atmos Energy ATO, revealing diverse outlooks from bullish to bearish.

The following table summarizes their recent ratings, shedding light on the changing sentiments within the past 30 days and comparing them to the preceding months.

Analysts' evaluations of 12-month price targets offer additional insights, showcasing an average target of $118.25, with a high estimate of $133.00 and a low estimate of $110.00. Experiencing a 2.67% decline, the current average is now lower than the previous average price target of $121.50.

Exploring Analyst Ratings: An In-Depth Overview

The standing of Atmos Energy among financial experts becomes clear with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.

Key Insights:

• Action Taken: Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their response to recent developments related to Atmos Energy. This offers insight into analysts' perspectives on the current state of the company.
• Rating: Offering a comprehensive view, analysts assess stocks qualitatively, spanning from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Atmos Energy compared to the broader market.
• Price Targets: Analysts predict movements in price targets, offering estimates for Atmos Energy's future value. Examining the current and prior targets offers insights into analysts' evolving expectations.

Capture valuable insights into Atmos Energy's market standing by understanding these analyst evaluations alongside pertinent financial indicators. Stay informed and make strategic decisions with our Ratings Table.

Stay up to date on Atmos Energy analyst ratings.

Discovering Atmos Energy: A Closer Look

Atmos Energy is the largest publicly traded, fully regulated, pure-play natural gas utility in the United States, serving more than 3 million customers in Texas, Colorado, Kansas, Kentucky, Louisiana, Mississippi, Tennessee, and Virginia. About two thirds of its earnings come from Texas, where it distributes natural gas in northern Texas and owns an intrastate gas pipeline spanning several key shale gas formations and interconnected with five storage facilities.

Atmos Energy: A Financial Overview

Market Capitalization Highlights: Above the industry average, the company's market capitalization signifies a significant scale, indicating strong confidence and market prominence.

Revenue Growth: Atmos Energy's revenue growth over a period of 3 months has faced challenges. As of 30 September, 2023, the company experienced a revenue decline of approximately -18.68%. This indicates a decrease in the company's top-line earnings. When compared to others in the Utilities sector, the company faces challenges, achieving a growth rate lower than the average among peers.

Net Margin: Atmos Energy's net margin excels beyond industry benchmarks, reaching 20.16%. This signifies efficient cost management and strong financial health.

Return on Equity (ROE): Atmos Energy's ROE excels beyond industry benchmarks, reaching 1.1%. This signifies robust financial management and efficient use of shareholder equity capital.

Return on Assets (ROA): Atmos Energy's ROA stands out, surpassing industry averages. With an impressive ROA of 0.53%, the company demonstrates effective utilization of assets and strong financial performance.

Debt Management: Atmos Energy's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 0.65.

Analyst Ratings: Simplified

Experts in banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their comprehensive research involves attending company conference calls and meetings, analyzing financial statements, and engaging with insiders to generate what are known as analyst ratings for stocks. Typically, analysts assess and rate each stock once per quarter.

Analysts may enhance their evaluations by incorporating forecasts for metrics like growth estimates, earnings, and revenue, delivering additional guidance to investors. It is vital to acknowledge that, although experts in stocks and sectors, analysts are human and express their opinions when providing insights.

This article was generated by Benzinga's automated content engine and reviewed by an editor.