Atmos Energy Corp (NYSE: ATO) is 17.70% higher on its value in year-to-date trading and has touched a low of $110.46 and a high of $152.65 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The ATO stock was last observed hovering at around $141.38 in the last trading session, with the day’s loss setting it -4.97%.
Currently trading at $136.41, the stock is -5.78% and -4.69% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.36 million and changing -3.52% at the moment leaves the stock 6.87% off its SMA200. ATO registered 19.36% gain for a year compared to 6-month gain of 16.41%. The firm has a 50-day simple moving average (SMA 50) of $143.1644 and a 200-day simple moving average (SMA200) of $127.5338.
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The stock witnessed a -7.19% loss in the last 1 month and extending the period to 3 months gives it a 0.12%, and is -2.59% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.06% over the week and 1.56% over the month.
Atmos Energy Corp (ATO) has around 5260 employees, a market worth around $21.20B and $4.17B in sales. Current P/E ratio is 19.94 and Fwd P/E is 17.71. Profit margin for the company is 25.02%. Distance from 52-week low is 23.49% and -10.64% from its 52-week high. The company has generated returns on investments over the last 12 months (5.15%).
with sales reaching $1.32B over the same period.The EPS is expected to grow by 4.79% this year, but quarterly earnings will post 17.79% year-over-year. Quarterly sales are estimated to grow 14.24% in year-over-year returns.
1091.0 institutions hold shares in Atmos Energy Corp (ATO), with institutional investors hold 100.38% of the company’s shares. The shares outstanding are 155.26M, and float is at 154.77M with Short Float at 3.23%. Institutions hold 100.07% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 19.49 million shares valued at $2.27 billion. The investor’s holdings represent 12.8839 of the ATO Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 13.19 million shares valued at $1.54 billion to account for 8.7206 of the shares outstanding. The other top investors are WELLINGTON MANAGEMENT GROUP LLP which holds 12.4 million shares representing 8.1997 and valued at over $1.45 billion, while STATE STREET CORP holds 6.9002 of the shares totaling 10.44 million with a market value of $1.22 billion.
Atmos Energy Corp (ATO) Insider Activity
Atmos Energy Corp disclosed in a document filed with the SEC on Nov 11 ’24 that Geiser Edward (Director) bought a total of 2,500 shares of the company’s common stock. The trade occurred on Nov 11 ’24 and was made at $144.89 per share for $0.36 million. Following the transaction, the insider now directly holds 2602.0 shares of the ATO stock.
Still, SEC filings show that on May 16 ’24, WALTERS DIANA J (Director) disposed off 400 shares at an average price of $118.00 for $47200.0. The insider now directly holds 3,551 shares of Atmos Energy Corp (ATO).
