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:
Investors may be wary of Atmos Energy Corporation as its revenues are expected to fall below the prior year's levels. A revenue decrease often leads to concerns about profitability, as it is likely to affect the company's bottom line, prompting investors to take a more cautious approach.
Financial Ratios:
| currentRatio | 1.130000 |
|---|---|
| forwardPE | 20.947165 |
| debtToEquity | 67.443000 |
| earningsGrowth | 0.094000 |
| revenueGrowth | 0.142000 |
| grossMargins | 0.578240 |
| operatingMargins | 0.388480 |
| trailingEps | 7.670000 |
| forwardEps | 8.865640 |
A current ratio of 1.13 for ATO implies that the company has ample liquidity to meet its short-term debts. ATO's cash reserves and current assets should easily cover these obligations, highlighting its financial stability and ability to manage short-term liabilities.
ATO's Forward PE is in a favorable range, meaning its stock price compares well with its earnings and isn't overpriced. This leaves room for growth, making it a compelling opportunity for investors looking to benefit from potential future gains.
ATO's positive gross and operating margins suggest strong profitability. These margins reflect effective cost management and revenue generation, indicating that the company is efficiently managing its operations and maintaining financial health.
ATO's forward EPS surpasses its trailing EPS, reflecting expectations of higher profitability in the current year. This suggests that ATO is projected to generate stronger earnings, indicating an optimistic financial outlook compared to the prior year's results.
Price projections:
The steady upward revision of Atmos Energy Corporation's price projections indicates growing confidence in the company's future. Analysts are increasingly optimistic about Atmos Energy Corporation's potential to deliver strong results and increased market value.
Insider Transactions:
2 transactions were made to sell ATO shares, with market price of 161.6999969482422.During the review period, no sell transactions were executed.Investors have been purchasing ATO more than selling it at current price levels, which may reflect optimism. This pattern suggests that the market expects favorable outcomes for the stock, leading to increased buying interest.
Recommendation changes over time:
ATO has garnered a buy bias from analysts recently, suggesting the stock is a good investment opportunity. This may lead to increased investor interest, as ATO is seen as a reliable place to park money for those looking to benefit from potential market gains and company growth.
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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