Atmos Energy Corporation (ATO) has seen consistent increases in stock value and attracted various major financial players. Under management firms like Fmr LLC and National Bank of Canada FI have been acquiring additional shares. Quantinno Capital Management LP raised their position, while Nomura Asset Management Co. Ltd. sold off its shares. Analysts agree that ATO would make a great choice for a momentum stock and that its strong dividend payout rates make it an attractive investment. This performance is despite the company's earnings growth rate lagging behind the 16% Compound Annual Growth rate (CAGR) delivered to shareholders. Furthermore, Atmos Energy has been performing above its utilities peers and has shown impressive dividend growth. Its stocks have also been boosted by successful quarterly earnings and strategic moves such as appointing new board members. However, concerns have been raised about Atmos Energy's extensive use of debt and its share price overvaluation compared to the rate of business growth. Nonetheless, the company's prospects seem positive with recent reports including a record EPS growth, increases in dividends, and shares hitting an all-time high of $148.47.
Atmos Energy Stocks ATO News Analytics from Fri, 05 Jun 2015 16:11:57 GMT to Fri, 13 Dec 2024 15:30:00 GMT -
Rating 7
- Innovation 0
- Information 8
- Rumor -5
