Transparency is how we protect the integrity of our work and keep empowering investors to achieve their goals and dreams. And we have unwavering standards for how we keep that integrity intact, from our research and data to our policies on content and your personal data. Style is an investment factor that has a meaningful impact on investment risk and returns. Style is calculated by combining value and growth scores, which are first individually calculated. Shares of DXC Technology Co. were up 7% Thursday after Reuters reported that Atos SE h. “Following recent market rumors about a potential transaction involving Atos, the Company…

The Pipeline and Storage segment includes pipeline and storage operations of the Atmos Pipeline-Texas division and natural gas transmission operations. At the center of everything we do is a strong commitment to independent research and sharing its profitable discoveries with investors. This dedication to giving investors a trading advantage led to the creation of our proven Zacks Rank stock-rating system. Since 1988 it has more than doubled the S&P 500 with an average gain of +24.32% per year. These returns cover a period from January 1, 1988 through July 31, 2023. Zacks Rank stock-rating system returns are computed monthly based on the beginning of the month and end of the month Zacks Rank stock prices plus any dividends received during that particular month.

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ATO’s historical performance
against its industry peers and the overall market.

70 employees have rated Atmos Energy Chief Executive Officer Kim R. Cocklin on Glassdoor.com. Kim R. Cocklin has an approval rating of 91% among the company’s employees. This puts Kim R. Cocklin in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

To see all exchange delays and terms of use please see Barchart’s disclaimer. Atmos Energy saw a increase in short interest in the month of August. As of August 31st, there was short interest totaling 4,260,000 shares, an increase of 5.2% from the August 15th total of 4,050,000 shares. Based on an average daily volume of 707,800 shares, the days-to-cover ratio is presently 6.0 days.

Stock Activity

The scores are based on the trading styles of Value, Growth, and Momentum. There’s also a VGM Score (‘V’ for Value, ‘G’ for Growth and ‘M’ for Momentum), which combines the weighted average of the individual style scores into one score. Atmos Energy’s stock is owned by many different institutional and retail investors. Top institutional investors include BlackRock Inc. (12.12%), State Street Corp (7.18%), Aristotle Capital Management LLC (6.15%), Geode Capital Management LLC (2.16%), Bank Julius Baer & Co. Insiders that own company stock include Christopher T Forsythe, Diana J Walters, J Matt Robbins, Kim R Cocklin, Richard A Sampson and Richard M Thomas. The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 8th 2023.

More value-oriented stocks tend to represent financial services, utilities, and energy stocks. According to 8 analysts, the average rating for ATO stock is “Buy.” The 12-month stock price forecast is $125.0, which is an increase of 7.43% from the latest price. Atmos Energy announced a quarterly dividend on Wednesday, August 2nd. Investors of record on Monday, August 21st will be paid a dividend of $0.74 per share on Tuesday, September 5th. This represents a $2.96 annualized dividend and a dividend yield of 2.54%. Data are provided ‘as is’ for informational purposes only and are not intended for trading purposes.

• The Pipeline and Storage segment engages in the pipeline and storage operations.
• The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries.
• Several analysts said on Wednesday that the reported move showed Beijing was not willing to spare any US company in its push to reduce its dependence on American technologies.
• Since 1988 it has more than doubled the S&P 500 with an average gain of +24.32% per year.
• No immediate impact on Apple’s earnings is expected, however, considering the popularity of the iPhone in China, CFRA Research analyst Angelo Zino said.
• They rarely distribute dividends to shareholders, opting for reinvestment in their businesses.

As of September 30, 2022, it owned 5,652 miles of gas transmission lines. Atmos Energy Corporation was founded in 1906 and is headquartered in Dallas, Texas. Atmos Energy Corp. engages in the provision of natural gas services. It operates under the Distribution, and Pipeline and Storage business segments. The Distribution segment is involved in regulated natural gas distribution and related sales operations.

Analyst Ratings Atmos Energy Corp.

The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%. An industry with a larger percentage of Zacks Rank #1’s and #2’s will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4’s and #5’s. The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank. Get stock recommendations, portfolio guidance, and more from The Motley Fool’s premium services. Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show, and premium investing services. Upgrade to MarketBeat All Access to add more stocks to your watchlist.

The consensus among Wall Street analysts is that investors should “moderate buy” ATO shares. High-growth stocks tend to represent the technology, healthcare, and communications sectors. They rarely distribute dividends to shareholders, opting for reinvestment in their businesses.

Zacks Ranks stocks can, and often do, change throughout the month. Certain Zacks Rank stocks for which no month-end price was available, pricing information was not collected, or for certain other reasons have been excluded from these return calculations. 9 Wall Street analysts have issued “buy,” “hold,” and “sell” ratings for Atmos Energy in the last year. There are currently 4 hold ratings and 5 buy ratings for the stock.

The ban could trigger concerns among foreign companies operating in China as Sino-US tensions escalate, and comes ahead of an Apple event next week that analysts believe will be about launching a new line of iPhones. Apple stocks fell after China reportedly banned officials at central government agencies from using or bringing iPhones and other foreign-branded devices into the office. Natural gas utilities were trading at a discount of between 5% and 10% versus their electric peers in the first half of 2021 and declined to a discount of between 15% and 20% in the second half.

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A simple, equally-weighted average return of all Zacks Rank stocks is calculated to determine the monthly return. The monthly returns are then compounded to arrive at the annual return. Only Zacks Rank stocks included in Zacks hypothetical portfolios at the beginning of each month are included in the return calculations.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style. The Style Scores are a complementary set of indicators to use alongside the Zacks Rank.

Data may be intentionally delayed pursuant to supplier requirements. © 2023 Market data provided is at least 10-minutes delayed and hosted by Barchart https://1investing.in/ Solutions. Information is provided ‘as-is’ and solely for informational purposes, not for trading purposes or advice, and is delayed.

Utilities’ Dividends Still Attractive, but Headwinds Remain

The Pipeline and Storage segment includes pipeline and storage operations of Atmos Pipeline-Texas division and natural gas transmission operations. The company was founded in 1983 and is headquartered in Dallas, TX. It operates through the Distribution, and Pipeline and Storage segments.

ATO’s beta can be found in Trading Information at the top of this page. A stock’s beta measures how closely tied its price movements have been to the performance of the overall market. Morningstar analysts hand-select direct competitors or comparable companies to
provide context on the strength and durability of ATO’s
competitive advantage. No immediate impact on Apple’s earnings is expected, however, considering the popularity of the iPhone in China, CFRA Research analyst Angelo Zino said. Huawei recently released a 5G smartphone that uses an advanced silicon chip on a scale of miniaturisation that was thought beyond its capabilities due to US-led export restrictions, analysts have said.

This segment distributes natural gas to approximately 3.3 million residential, commercial, public authority, and industrial customers. As of September 30, 2022, it owned 73,243 miles of underground distribution and transmission mains. The Pipeline and Storage segment engages in the pipeline and storage operations.

AES to Benefit From Investments and Focus on Renewable Energy

It allows the user to better focus on the stocks that are the best fit for his or her personal trading style. Atmos Energy issued an update on its FY 2023 earnings guidance on Wednesday, August, 2nd. The company provided earnings per share guidance of $6.00-$6.10 for the period, compared to the consensus earnings per share estimate of $6.06. DALLAS–(BUSINESS WIRE)–Atmos Energy recently completed the installation of a natural gas-powered fuel cell at its corporate data center to generate high efficiency, grid-independent electricity with…

Click the link to learn what streetwise investors need to know about the metaverse and public markets before making an investment. Several analysts said on Wednesday that the reported move showed Beijing was not willing to spare any US company in its push to reduce its dependence on American technologies. The report weighed heavily on Wall Street stock indexes, with Apple shares falling 3.6%. China is one of Apple’s biggest markets and generates nearly a fifth of its revenue. Ryan Kelley, chief investment officer at Hennessy Funds and portfolio manager at the Hennessy Gas Utility Fund, joins The Exchange to discuss the natural gas market and energy overall.

The technique has proven to be very useful for finding positive surprises. In fact, when combining a Zacks Rank #3 or better and a positive Earnings ESP, stocks produced a positive surprise 70% of the time, while they also saw 28.3% annual returns on average, according to our 10 year backtest. Zacks Earnings ESP (Expected Surprise Prediction) looks to find companies that have recently seen positive earnings estimate revision activity. The idea is that more recent information is, generally speaking, more accurate and can be a better predictor of the future, which can give investors an advantage in earnings season.