Atmos Energy stock: buy or sell?
September 20th, 2019
Atmos Energy Corporation, together with its subsidiaries, engages in the regulated natural gas distribution, and pipeline and storage businesses in the United States.
Should I buy Atmos Energy stock?You can't be a successful trader if you don't follow a methodolgy or system that assist you in choosing companies and the correct market timing. Following a trading plan helps to make decisions easier, quicker and with less hesitations. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best.
Currently, 2 buy setups are elegible for Atmos Energy stock right now:
|New all-time high||Yes|
|New 52 week high||Yes|
|Price crossing up 200d MA||No|
|100d MA crossing up 200d MA||No|
Is Atmos Energy stock a buy?
Financial institutions and banks post stock ratings everyday.At Stocks2.com, we detected 2 ratings published for ATO stock in the last month.
|Date||Analyst / Broker||Previous rating||Current rating|
|2019-7-15||Wells Fargo & Co||n/a||Outperform|
Atmos Energy stock analysis
Atmos Energy shares grew 0.61% today and peaked a new all time high at $113.31.
Atmos Energy grew 0.61% today and set a new all time high at $113.31. On Sep/10 ATO price bounced up over the SMA of 50 days demonstrating to be a significant support for this stock.
Atmos Energy escalated 2.94% this week and peaked a new all time high at $113.31.
Weekly chart tells us that price finally broke over the resistance at $111.90 and continued climbing. By mid January ATO price bounced up over the SMA of 20 weeks that acted as support stopping new slides.
Atmos Energy stock price history
Atmos Energy stock went public on December 28th, 1983 with a price of $1.031. Since then, ATO stock grew a 10,867.00%, with a yearly average of 310.50%. If you had invested $1,000 in Atmos Energy stock in 1983, it would worth $108,670.00 today.
1: Adjusted price after possible price splits or reverse-splits.
Atmos Energy stock historical price chart
ATO stock reached all-time highs today with a price of $113.31.
Atmos Energy stock price target is $114.00How much a stock will be priced tomorrow or next week is quite unpredictable However, financial institutions invest time and resources to provide the most accurated estimations to help investors to make their decisions. We do not recommend to follow these stock price predictions without a critical thinking from your side, as their accuracy is usually low. For the last month we found 2 price predictions for Atmos Energy stock:
|Date||Analyst / Broker||Action||Previous target||Current target||Diff|
|2019-8-16||Morgan Stanley||Lowers Target||$112.00||$109.00||-2.7%|
|2019-7-15||Wells Fargo & Co||Initiates||n/a||$119.00||-|
Financials and fundamental analysis
Earnings date and Earnings per ShareOn February, Atmos Energy presented its financial report, posting a slightly fine climb for the Earnings per Share (EPS). Analyst were expecting $1.33 per share, but Atmos Energy posted $1.38.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsCompared to 2017, last anual turnover report draw an extraordinary increase of 12.89% to $3,115.55 million dollars. On the other hand, its profit margin (compared to revenues) gained to 19.36%, that is $603.06 million. Atmos Energy presents anual results in September, and to compare its evolution since then, we estimate annual sales and income figures by adding results from the last 4 quarters. This is called TTM (or Twelve Trailing Months). So, Atmos Energy TTM sales up to December 2018 were $3,104.14 and income $446.58 million USD. If we compare this TTM figures with the last reported annuality, we can review Atmos Energy business evolution since September 2018: Annual sales up to December, compared to lastest yearly report, remained steady a tight -0.37%. However, profit margin (net income/sales) depreciated at 19.36%.
|2013||$3,890 M||-||$230 M5.9%||-|
|2014||$4,941 M||27.02%||$290 M5.9%||26.05%|
|2015||$4,142 M||-16.17%||$315 M7.6%||8.72%|
|2016||$3,350 M||-19.13%||$350 M10.5%||11.12%|
|2017||$2,760 M||-17.62%||$396 M14.4%||13.23%|
|2018||$3,116 M||12.89%||$603 M19.4%||52.13%|
|TTM||$3,104 M||-0.37%||$447 M14.4%||-25.95%|
Quarterly financial resultsAtmos Energy reported $877.78 M in sales for 2018-Q4, a 97.39% up compared to previous quarter. Reported quarter income marked $157.65 M with a profit margin of 17.96%. Profit margin jumped a 9.25% compared to previous quarter when profit margin was 8.71%. When comparing sales to same quarter last year, Atmos Energy sales marked an unpleasant decrease and declined a -1.28%.
|2017-Q1||$988 M||-||$162 M16.4%||-|
|2017-Q2||$527 M||-46.72%||$71 M13.4%||-56.29%|
|2017-Q3||$465 M||-11.70%||$36 M7.7%||-49.31%|
|2017-Q4||$889 M||91.27%||$314 M35.3%||776.17%|
|2018-Q1||$1,219 M||37.14%||$179 M14.7%||-43.02%|
|2018-Q2||$562 M||-53.89%||$71 M12.7%||-60.23%|
|2018-Q3||$445 M||-20.91%||$39 M8.7%||-45.57%|
|2018-Q4||$878 M||97.39%||$158 M18.0%||306.86%|
Atmos Energy ownershipWhen you are planning to invest in shares of a company, it's always worth to overview its ownership structure.
Atmos Energy shares owned by insiders (that is, founders, CEO, CTO, main executives or other management staff) currently counts a 1.15% of all shares.
Bearish positions for ATO stock account 0.00%, no big difference from last month.
For a better understanding, the following table shows ownership data compared to other related companies:
|Market cap||$13.4 B||$15.2 B||$1.5 B||$4.2 B||$11.0 B|
|Total shares||118.2 M||502.2 M||16.4 M||86.3 M||373.4 M|
|Float shares||116.8 M||500.7 M||15.8 M||84.1 M||371.4 M|
|- Institutional holdings (%)||80.6%||84.1%||66.9%||76.3%||95.3%|
|- Insider holdings (%)||1.1%||0.2%||4.3%||2.1%||0.4%|
|Shares in short selling||0.0%||0.0%||0.0%||0.0%||0.0%|
Atmos Energy summary
|Friday, September 20th, 2019|
|Day range||$112.09 - $113.31|
|Average true range||$1.53|
|50d mov avg||$108.87|
|100d mov avg||$106.01|
|200d mov avg||$101.28|
Atmos Energy performanceStocks performance is always measured in comparision to the market or competitors and related stocks in the same industry. We selected CenterPoint Energy, Chesapeake Utilities, National Fuel Gas, NiSource, ONE Gas, ONEOK, RGC Resources and Spire as the bechmarking frame for Atmos Energy stock.
|NFGNational Fuel Gas||-11.12%||-19.15%||-11.70%|