Atmos Energy (NYSE:ATO) Issues FY25 Earnings Guidance

Atmos Energy (NYSE:ATO) issued an update on its FY25 earnings guidance on Wednesday morning. 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.

Atmos Energy Trading Up 0.7 %

NYSE:ATO traded up $0.90 during trading hours on Wednesday, reaching $138.88. The company’s stock had a trading volume of 1,131,343 shares, compared to its average volume of 872,894. The firm has a 50-day simple moving average of $137.59 and a 200-day simple moving average of $126.43. 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 1 year low of $107.82 and a 1 year high of $144.32. The firm has a market capitalization of $21.56 billion, a price-to-earnings ratio of 20.26, a PEG ratio of 2.76 and a beta of 0.68.

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

Atmos Energy Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, December 9th. Investors of record on Monday, November 25th will be issued a dividend of $0.87 per share. This represents a $3.48 dividend on an annualized basis and a yield of 2.51%. This is an increase from Atmos Energy’s previous quarterly dividend of $0.81. Atmos Energy’s payout ratio is currently 47.28%.

Wall Street Analysts Forecast Growth

A number of brokerages recently commented on ATO. Morgan Stanley lifted their price target on shares of Atmos Energy from $128.00 to $140.00 and gave the company an “overweight” rating in a report on Wednesday, September 25th. Jefferies Financial Group assumed coverage on Atmos Energy in a research report on Wednesday, October 2nd. They set a “hold” rating and a $155.00 price objective on the stock. LADENBURG THALM/SH SH lifted their price target on Atmos Energy from $144.00 to $150.50 and gave the company a “buy” rating in a research report on Wednesday, October 2nd. Wells Fargo & Company increased their price objective on Atmos Energy from $145.00 to $156.00 and gave the stock an “overweight” rating in a report on Wednesday, October 16th. Finally, Barclays boosted their target price on shares of Atmos Energy from $129.00 to $144.00 and gave the company an “equal weight” rating in a report on Monday, October 7th. One investment analyst has rated the stock with a sell rating, three have given a hold rating and five have given a buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $143.94.

Atmos Energy Company Profile

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.