The Atmos Energy Co. (ATO) is witnessing robust movements in the market. Options Traders foresee an outpacing utility sector performance compared to its peers in the upcoming time. With a total of $180.19 million stock holding by ProShare Advisors LLC, and Edward Jones reaffirming a 'Buy' rating, additional confidence for investors is building.
Fresh names have joined Atmos board directors, Edward Geiser and Telisa Toliver. Additionally, Ladenburg Thalmann has initiated buy recommendation coverage. A favorable 59% hike for those who invested three years ago, along with significant decreases in short interest and a new 12-month high at $137.72 makes it even more appealing.
Investors considers it as a growth and dividend stock, making it an attractive and safe option in a volatile market. Beck Bode LLC and State of New Jersey Common Pension Fund D are among the latest to acquire shares.
Earnings for Q3 have beaten estimates, reinjecting vigour. However, emphasis on the risk associated with Atmos Energy's use of debt is also prominent. ATO's popularity with investors is also under scrutiny due to concerns of overpricing.
Atmos Energy Stocks ATO News Analytics from Sun, 31 Mar 2013 07:00:00 GMT to Sun, 22 Sep 2024 08:55:29 GMT - Rating 7 - Innovation 2 - Information 8 - Rumor -5
