- Atmos Energy has increased its forecast for Fiscal Year Earnings per Share (EPS). It now sees EPS to be in the range of $6.70 to $6.80, up from $6.45 to $6.65, beating the estimated $6.60.
- The company has also raised its capital expenditure guidance for Fiscal Year 2024 to approximately $3.1 billion.
- The current market sentiment for Atmos Energy is generally positive, with three ‘buy’ recommendations and seven ‘hold’ recommendations. There are currently no ‘sell’ recommendations.
A look at Atmos Energy Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 3 | |
| Growth | 3 | |
| Resilience | 3 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.4 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Atmos Energy‘s long-term outlook appears positive based on its Smartkarma Smart Scores. With impressive scores in Value and Momentum, the company seems well-positioned for growth and potential returns for investors in the future. The strong Value score suggests that Atmos Energy‘s stock may be undervalued, presenting a potential buying opportunity for investors. Additionally, the high Momentum score indicates that the company has positive upward momentum in its stock price movement, which could attract increased investor interest.
Furthermore, Atmos Energy‘s solid scores in Dividend, Growth, and Resilience indicate stability and potential for steady performance in the long run. While the scores may not be the highest, they still suggest that Atmos Energy is a reliable investment option with a balanced approach to generating returns for shareholders. Overall, the combination of these factors paints a promising picture for Atmos Energy‘s future prospects in the natural gas distribution industry.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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