Atmos Energy (NYSE:ATO) Updates FY25 Earnings Guidance

Atmos Energy (NYSE:ATO) updated its FY25 earnings guidance on Wednesday. The company provided EPS guidance of $7.05-7.25 for the period, compared to the consensus EPS estimate of $7.13. Atmos Energy also updated its FY 2025 guidance to 7.050-7.250 EPS.

Analysts Set New Price Targets

ATO has been the subject of a number of research analyst reports. Morgan Stanley lifted their target price on shares of Atmos Energy from $128.00 to $140.00 and gave the company an “overweight” rating in a research note on Wednesday, September 25th. StockNews.com raised Atmos Energy from a “sell” rating to a “hold” rating in a report on Thursday. Wells Fargo & Company increased their price objective on shares of Atmos Energy from $145.00 to $156.00 and gave the stock an “overweight” rating in a report on Wednesday, October 16th. LADENBURG THALM/SH SH upped their target price on shares of Atmos Energy from $144.00 to $150.50 and gave the company a “buy” rating in a research report on Wednesday, October 2nd. Finally, Jefferies Financial Group initiated coverage on Atmos Energy in a research note on Wednesday, October 2nd. They issued a “hold” rating and a $155.00 target price on the stock. Four analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $143.94.

Atmos Energy Trading Up 1.9 %

Shares of ATO traded up $2.75 during mid-day trading on Friday, reaching $144.19. 801,744 shares of the company were exchanged, compared to its average volume of 709,664. The company has a debt-to-equity ratio of 0.65, a quick ratio of 1.57 and a current ratio of 1.73. Atmos Energy has a 52 week low of $110.40 and a 52 week high of $145.27. The business has a 50 day simple moving average of $138.29 and a two-hundred day simple moving average of $126.80. The stock has a market capitalization of $22.38 billion, a PE ratio of 20.98, a PEG ratio of 2.77 and a beta of 0.68.

Atmos Energy (NYSE:ATO) last issued its earnings results on Wednesday, August 7th. The utilities provider reported $1.08 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.05 by $0.03. The company had revenue of $701.55 million for the quarter, compared to analysts’ expectations of $924.75 million. Atmos Energy had a return on equity of 8.92% and a net margin of 25.09%. During the same period last year, the business earned $0.94 EPS. On average, analysts predict that Atmos Energy will post 7.16 earnings per share for the current fiscal year.

Atmos Energy Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, December 9th. Shareholders of record on Monday, November 25th will be paid a $0.87 dividend. This represents a $3.48 dividend on an annualized basis and a yield of 2.41%. This is a boost from Atmos Energy’s previous quarterly dividend of $0.81. The ex-dividend date of this dividend is Monday, November 25th. Atmos Energy’s payout ratio is presently 46.87%.

About Atmos Energy

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.