Atmos Energy (NYSE:ATO) Issues FY25 Earnings Guidance

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

Analysts Set New Price Targets

A number of research firms recently weighed in on ATO. Jefferies Financial Group began coverage on shares of Atmos Energy in a research note on Wednesday, October 2nd. They issued a “hold” rating and a $155.00 price objective for the company. JPMorgan Chase & Co. boosted their target price on shares of Atmos Energy from $134.00 to $144.00 and gave the stock an “overweight” rating in a research report on Thursday, August 15th. Barclays lifted their price objective on shares of Atmos Energy from $129.00 to $144.00 and gave the stock an “equal weight” rating in a research note on Monday, October 7th. LADENBURG THALM/SH SH upped their target price on Atmos Energy from $144.00 to $150.50 and gave the company a “buy” rating in a research report on Wednesday, October 2nd. Finally, StockNews.com cut Atmos Energy from a “hold” rating to a “sell” rating in a research report on Friday, October 18th. One research analyst has rated the stock with a sell rating, three have issued a hold rating and five have issued a buy rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Hold” and an average price target of $143.94.

Atmos Energy Stock Performance

Atmos Energy stock traded up $0.90 during mid-day trading on Wednesday, hitting $138.88. The company had a trading volume of 1,131,343 shares, compared to its average volume of 872,894. The company has a market capitalization of $21.56 billion, a price-to-earnings ratio of 20.26, a P/E/G ratio of 2.76 and a beta of 0.68. Atmos Energy has a 12-month low of $107.82 and a 12-month high of $144.32. The company’s fifty day moving average is $137.59 and its 200-day moving average is $126.43. The company has a current ratio of 1.73, a quick ratio of 1.57 and a debt-to-equity ratio of 0.65.

Atmos Energy (NYSE:ATO) last released its quarterly earnings results on Wednesday, August 7th. The utilities provider reported $1.08 EPS for the quarter, beating the consensus estimate of $1.05 by $0.03. The company had revenue of $701.55 million for the quarter, compared to analyst estimates of $924.75 million. Atmos Energy had a net margin of 25.09% and a return on equity of 8.94%. During the same quarter last year, the business earned $0.94 earnings per share. Equities research analysts predict that Atmos Energy will post 6.8 EPS for the current year.

Atmos Energy Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, December 9th. Stockholders of record on Monday, November 25th will be given a dividend of $0.87 per share. This is a boost from Atmos Energy’s previous quarterly dividend of $0.81. This represents a $3.48 dividend on an annualized basis and a dividend yield of 2.51%. Atmos Energy’s dividend payout ratio (DPR) is 47.28%.

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.