Stock To Watch: Atmos Energy Corporation (NYSE:ATO)


The leading market experts have placed a mean price target of $71.67 on Atmos Energy Corporation (NYSE:ATO) stock. This price level, which is estimated to be attained in one-year indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $0.34 a share for the upcoming quarter and $3.27 for the current fiscal. Technical View The technical analysis of Atmos Energy Corporation Common plainly substantiates that the 50-day moving average of Atmos Energy Corporation Common is $77.68, and stock is hovering 1.92 or +2.48% distant from $77.68. It is noted that the 200-day MA is $72.29, and Atmos Energy Corporation Common stock is $7.31 or +10.11% off from this point. Atmos Energy Corporation (NYSE:ATO) 52-week high is $81.97 and the 52-week low is $52.08. This explains if the stock moves $-2.37, it will post a 52-week high. In event of $+52.84% points decline, a 52-week low will be hit. Taking the Valuation Aspect To emphasize the valuation of Atmos Energy Corporation Common, shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, Atmos Energy Corporation (NYSE:ATO) ratio came in at 25.18. The stock last ended the trading session at $79.60 and registered a market cap of $8.14B. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. Atmos Energy Corporation (NYSE:ATO) PEG ratio is at 3.48.

1 Chart Pattern Every Investor Should Know

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