Atmos Energy Corp (NYSE: ATO) is 14.78% higher on its value in year-to-date trading and has touched a low of $110.97 and a high of $167.45 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 $161.25 in the last trading session, with the day’s loss setting it -1.39%.
Currently trading at $159.86, the stock is 0.59% and 4.06% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.11 million and changing -0.86% at the moment leaves the stock 11.99% off its SMA200. ATO registered 32.84% gain for a year compared to 6-month gain of 15.86%.
The stock witnessed a 7.37% loss in the last 1 month and extending the period to 3 months gives it a 12.18%, and is -1.02% 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 2.07% over the week and 2.08% over the month.
Atmos Energy Corp (ATO) has around 5260 employees, a market worth around $25.39B and $4.49B in sales. Current P/E ratio is 22.31 and Fwd P/E is 20.61. Profit margin for the company is 25.33%. Distance from 52-week low is 44.06% and -4.53% from its 52-week high. The company has generated returns on investments over the last 12 months (5.26%).
The EPS is expected to grow by 5.38% this year.
Atmos Energy Corp (ATO) Top Institutional Holders
The shares outstanding are 158.84M, and float is at 158.11M with Short Float at 3.33%.
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 12.7126% 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 8.6047 of the shares outstanding. The other top investors are WELLINGTON MANAGEMENT GROUP LLP which holds 12.4 million shares representing 8.0907% and valued at over $1.45 billion, while STATE STREET CORP holds 6.8085 of the shares totaling 10.44 million with a market value of $1.22 billion.
Atmos Energy Corp (ATO) Insider Activity
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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).
