More about Atmos Energy Corporation
Regulatory Filings for Atmos Energy Corporation
Fundamentals for Atmos Energy Corporation
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Fundamentals for Atmos Energy Corporation
Business Operations:
Sector: UtilitiesIndustry: Utilities - Regulated Gas
Atmos Energy Corporation, together with its subsidiaries, engages in the regulated natural gas distribution, and pipeline and storage businesses in the United States. It operates through two segments, Distribution, and Pipeline and Storage. The Distribution segment is involved in the regulated natural gas distribution and related sales operations in eight states. This segment distributes natural gas to approximately 3.4 million residential, commercial, public authority, and industrial customers; and owned 76,000 miles of underground distribution and transmission mains. The Pipeline and Storage segment engages in the pipeline and storage operations. This segment transports natural gas for third parties and manages five underground storage facilities in Texas; provides ancillary services customary to the pipeline industry, including parking arrangements, lending, and inventory sales; and owned 5,700 miles of gas transmission lines. Atmos Energy Corporation was founded in 1906 and is based in Dallas, Texas.
Revenue projections:
Revenues for ATO are forecasted to decline from last year's levels, prompting caution among investors. When revenues fall, it can have a significant negative impact on the company's bottom line, reducing profitability and making the stock less attractive to risk-averse investors.
Financial Ratios:
| currentRatio | 1.130000 |
|---|---|
| forwardPE | 20.538126 |
| debtToEquity | 67.443000 |
| earningsGrowth | 0.094000 |
| revenueGrowth | 0.142000 |
| grossMargins | 0.578240 |
| operatingMargins | 0.388480 |
| trailingEps | 7.660000 |
| forwardEps | 8.851100 |
Atmos Energy Corporation's current ratio of 1.13 reflects its strong liquidity position. The company has enough cash reserves and current assets to service its short-term debt obligations, signaling that Atmos Energy Corporation is financially well-prepared to meet its liabilities without difficulty.
Atmos Energy Corporation's Forward PE is in an attractive range, meaning its stock price aligns well with earnings and isn't inflated. This creates room for growth, making it a solid investment opportunity for those looking to benefit from potential price appreciation.
ATO's positive gross and operating margins indicate strong financial performance. These margins show that the company is profitable and efficient in its operations, with effective cost control contributing to its overall financial success.
With ATO's forward EPS higher than its trailing EPS, the company is expected to be more profitable in the current financial year. This signals confidence in ATO's growth potential, as improved earnings are forecasted compared to the prior year's performance.
Price projections:
ATO's price projections have gradually risen, indicating growing confidence in the company's prospects. This upward trend suggests that analysts expect ATO to continue performing well in the future.
Insider Transactions:
2 Atmos Energy Corporation transactions were recorded, when the market price was 161.6999969482422.The period under consideration did not see any sell transactions.An increase in buying activity relative to selling at Atmos Energy Corporation's current price might suggest a favorable sentiment among investors. This trend could be interpreted as a sign that the stock has a positive outlook in the near term.
Recommendation changes over time:
ATO has received a favorable buy bias from analysts recently, positioning it as a solid investment opportunity. This sentiment may attract more investors, who view ATO as a stable option to park their money and potentially benefit from the company's continued growth and profitability.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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