Atmos Energy reported its
Fiscal Q1 earnings, delivering
$2.23 EPS slightly missing the FactSet estimate of $2.24. The performance of Atmos Energy has been under scrutiny, with some suggesting it is lagging behind similar utility stocks.
Q1 earnings were declared promising by a few, while others voiced concerns about the company's
P/E ratio. With an increasing stake from
Diversify Wealth Management LLC and
Mitsubishi UFJ Asset Management UK Ltd, and on the flip, a large selloff by
Perpetual Ltd. Wall Street holds a mixed view about the company's bullish or bearish outlook. Citi raised its outlook of Atmos, setting a target of $148, tied to the solid Q1 results. An analysis conducted by Zacks highlighted the company. Over the last decade, an investment of $1,000 in Atmos Energy would have generated substantial returns. Atmos' dividend growth was pitched as a compelling reason to include it in investment and retirement portfolios, despite its earnings growth rate lagging a 16% CAGR delivered to shareholders. Conversely, it was suggested that Atmos Energy's business has yet to revert back to its share price.
Atmos Energy Stocks ATO News Analytics from Thu, 21 Jun 2018 14:55:49 GMT to Fri, 07 Feb 2025 12:20:20 GMT -
Rating 0
- Innovation -5
- Rumor -2
