In-Depth Examination Of 4 Analyst Recommendations For ONE Gas

During the last three months, 4 analysts shared their evaluations of ONE Gas OGS, revealing diverse outlooks from bullish to bearish.

The following table provides a quick overview of their recent ratings, highlighting the changing sentiments over the past 30 days and comparing them to the preceding months.

Analysts have set 12-month price targets for ONE Gas, revealing an average target of $60.88, a high estimate of $64.50, and a low estimate of $58.00. Surpassing the previous average price target of $58.50, the current average has increased by 4.07%.

Understanding Analyst Ratings: A Comprehensive Breakdown

The analysis of recent analyst actions sheds light on the perception of ONE Gas by financial experts. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.

Key Insights:

• Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to ONE Gas. This insight gives a snapshot of analysts' perspectives on the current state of the company.
• Rating: Delving into assessments, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings communicate expectations for the relative performance of ONE Gas compared to the broader market.
• Price Targets: Understanding forecasts, analysts offer estimates for ONE Gas's future value. Examining the current and prior targets provides insight into analysts' changing expectations.

Navigating through these analyst evaluations alongside other financial indicators can contribute to a holistic understanding of ONE Gas's market standing. Stay informed and make data-driven decisions with our Ratings Table.

Stay up to date on ONE Gas analyst ratings.

All You Need to Know About 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.

ONE Gas: Financial Performance Dissected

Market Capitalization Analysis: Falling below industry benchmarks, the company's market capitalization reflects a reduced size compared to peers. This positioning may 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 31 December, 2023, the company experienced a decline of approximately -25.95%. This indicates a decrease in 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: ONE Gas's net margin is below industry standards, pointing towards difficulties in achieving strong profitability. With a net margin of 11.67%, the company may encounter challenges in effective cost control.

Return on Equity (ROE): ONE Gas's ROE is below industry averages, indicating potential challenges in efficiently utilizing equity capital. With an ROE of 2.61%, the company may face hurdles in achieving optimal financial returns.

Return on Assets (ROA): ONE Gas's ROA falls below industry averages, indicating challenges in efficiently utilizing assets. With an ROA of 0.93%, the company may face hurdles in generating optimal returns from its assets.

Debt Management: With a below-average debt-to-equity ratio of 1.1, ONE Gas adopts a prudent financial strategy, indicating a balanced approach to debt management.

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 supplement their ratings with predictions for metrics like growth estimates, earnings, and revenue, offering investors a more comprehensive outlook. However, investors should be mindful that analysts, like any human, can have subjective perspectives influencing their forecasts.

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