ONE Gas Stock: A Deep Dive Into Analyst Perspectives (4 Ratings)

ONE Gas OGS has been analyzed by 4 analysts in the last three months, revealing a diverse range of perspectives from bullish to bearish.

The table below provides a concise overview of recent ratings by analysts, offering insights into the changing sentiments over the past 30 days and drawing comparisons with the preceding months for a holistic perspective.

Analysts' evaluations of 12-month price targets offer additional insights, showcasing an average target of $62.5, with a high estimate of $67.00 and a low estimate of $58.00. This current average represents a 11.56% decrease from the previous average price target of $70.67.

Exploring Analyst Ratings: An In-Depth Overview

A clear picture of ONE Gas's perception among financial experts is painted 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 ONE Gas. This offers insight into analysts' perspectives on the current state of the company.
• Rating: Offering insights into predictions, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of ONE Gas compared to the broader market.
• Price Targets: Analysts navigate through adjustments in price targets, providing estimates for ONE Gas's future value. Comparing current and prior targets offers insights into analysts' evolving expectations.

Assessing these analyst evaluations alongside crucial financial indicators can provide a comprehensive overview of ONE Gas's market position. Stay informed and make well-judged decisions with the assistance of our Ratings Table.

Stay up to date on ONE Gas analyst ratings.

Unveiling the Story Behind ONE Gas

ONE Gas Inc is a regulated natural gas utility company. It is involved in the distribution and sale of natural gas to residential, commercial, industrial, and transportation consumers through its network of pipelines and service lines. Almost all of the company's revenue is derived from natural gas sales in the states of Oklahoma, Kansas, and Texas. The company controls considerable market shares in Oklahoma and Kansas and is one of the largest natural gas utilities in the U.S.

ONE Gas: Financial Performance Dissected

Market Capitalization Analysis: Positioned below industry benchmarks, the company's market capitalization faces constraints in size. This could be influenced by factors such as growth expectations or operational capacity.

Revenue Challenges: ONE Gas's revenue growth over 3 months faced difficulties. As of 30 September, 2023, the company experienced a decline of approximately -6.55%. This indicates a decrease in top-line earnings. When compared to others in the Utilities sector, the company excelled with a growth rate higher than the average among peers.

Net Margin: ONE Gas's net margin lags behind industry averages, suggesting challenges in maintaining strong profitability. With a net margin of 7.5%, the company may face hurdles in effective cost management.

Return on Equity (ROE): ONE Gas's ROE falls below industry averages, indicating challenges in efficiently using equity capital. With an ROE of 0.95%, the company may face hurdles in generating optimal returns for shareholders.

Return on Assets (ROA): ONE Gas's ROA lags behind industry averages, suggesting challenges in maximizing returns from its assets. With an ROA of 0.34%, the company may face hurdles in achieving optimal financial performance.

Debt Management: ONE Gas's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 1.13.

How Are Analyst Ratings Determined?

Analysts are specialists within banking and financial systems that typically report for specific stocks or within defined sectors. These people research company financial statements, sit in conference calls and meetings, and speak with relevant insiders to determine what are known as analyst ratings for stocks. Typically, analysts will rate each stock once a 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.