Atmos Energy Corporation – Consensus ‘buy’ rating and 6.5% Upside Potential

Broker Ratings
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Atmos Energy Corporation with ticker code (ATO) now have 7 confirmed analysts covering the stock with the consensus suggesting a rating of ‘buy’. The range between the high target price and low target price is between $131.00 and $115.00 and has a mean target at $121.57. Now with the previous closing price of $114.14 this now indicates there is a potential upside of 6.5%. The 50 day MA is $110.42 and the 200 moving average now moves to $114.58. The total market capitalization for the company now stands at 16.86B. The current share price for the company is: $113.53 USD

The potential market cap would be $17,956,179,746 based on the market consensus.

The company is not paying dividends at this time.

Other points of data to note are a P/E ratio of 18.61, revenue per share of $29.46 and a 3.01% return on assets.

Atmos Energy Corporation is engaged in the regulated natural gas distribution and pipeline and storage businesses. The Company distributes natural gas through sales and transportation arrangements to over three million residential, commercial, public authority and industrial customers throughout its six distribution divisions. It also transports natural gas for others through its distribution and pipeline systems. It operates through two segments: Distribution and Pipeline and Storage. The Distribution segment includes its regulated natural gas distribution and related sales operations in eight states. Its Pipeline and Storage segment consists of the pipeline and storage operations of its Atmos Pipeline-Texas Division (APT) and its natural gas transmission operations in Louisiana. APT provides transportation and storage services to its Mid-Tex Division, other third-party local distribution companies, industrial and electric generation customers, as well as marketers and producers.

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