Free Trial

Atmos Energy (ATO) Stock Forecast & Price Target

$138.23
+0.57 (+0.41%)
(As of 10/8/2024 ET)

Atmos Energy - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Sell
0
Hold
3
Buy
5

Based on 8 Wall Street analysts who have issued ratings for Atmos Energy in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 8 analysts, 3 have given a hold rating, and 5 have given a buy rating for ATO.

Consensus Price Target

$142.56
3.13% Upside
According to the 8 analysts' twelve-month price targets for Atmos Energy, the average price target is $142.56. The highest price target for ATO is $155.00, while the lowest price target for ATO is $124.00. The average price target represents a forecasted upside of 3.13% from the current price of $138.23.
Get the Latest News and Ratings for ATO and Related Stocks

Enter your email address to receive the latest news and analysts' ratings for Atmos Energy and its competitors.

Sign Up

ATO Analyst Ratings Over Time

TypeCurrent Forecast
10/9/23 to 10/8/24
1 Month Ago
9/9/23 to 9/8/24
3 Months Ago
7/11/23 to 7/10/24
1 Year Ago
10/9/22 to 10/9/23
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
5 Buy rating(s)
4 Buy rating(s)
4 Buy rating(s)
5 Buy rating(s)
Hold
3 Hold rating(s)
2 Hold rating(s)
2 Hold rating(s)
4 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$142.56$133.17$128.67$125.25
Forecasted Upside3.13% Upside1.81% Upside9.96% Upside14.19% Upside
Consensus Rating
Moderate Buy
Moderate Buy
Moderate Buy
Moderate Buy

ATO Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
Skip Chart & View Analyst Rating History

ATO Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
Skip Chart and View Analyst Price Target HistorySkip Chart & View Price History Table

Atmos Energy Stock vs. The Competition

TypeAtmos EnergyUtilities CompaniesS&P 500
Consensus Rating Score
2.63
2.49
2.50
Consensus RatingModerate BuyHoldHold
Predicted Upside2.92% Upside19.15% Upside7.88% Upside
News Sentiment Rating
Positive News

See Recent ATO News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
10/7/2024Barclays
3 of 5 stars
 Boost TargetEqual Weight ➝ Equal Weight$129.00 ➝ $144.00+4.70%
10/2/2024LADENBURG THALM/SH SH
4 of 5 stars
P. Fremont
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Boost TargetBuy ➝ Buy$144.00 ➝ $150.50+8.89%
10/2/2024Jefferies Financial Group
2 of 5 stars
 Initiated CoverageHold$155.00+11.53%
9/25/2024Morgan Stanley
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetOverweight ➝ Overweight$128.00 ➝ $140.00+2.07%
8/15/2024JPMorgan Chase & Co.
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetOverweight ➝ Overweight$134.00 ➝ $144.00+11.92%
8/9/2024Wells Fargo & Company
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetOverweight ➝ Overweight$132.00 ➝ $145.00+13.57%
5/13/2024Mizuho
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetBuy ➝ Buy$133.00 ➝ $138.00+17.36%
4/12/2024UBS Group
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Initiated CoverageNeutral$124.00+8.41%
8/16/2023Bank of America
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Lower TargetBuy ➝ Buy$135.00 ➝ $130.00+13.34%
2/14/2023Citigroup
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetNeutral$107.00 ➝ $125.00+7.01%
11/14/2022Credit Suisse Group
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetOutperform$105.00 ➝ $121.00+9.31%
10/24/2022Seaport Res Ptn
Subscribe to MarketBeat All Access for the recommendation accuracy rating
A. Storozynski
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Reiterated RatingNeutral

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Tuesday at 10:24 PM ET.


Should I Buy Atmos Energy Stock? ATO Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Monday, October 7, 2024. Please send any questions or comments about these Atmos Energy pros and cons to contact@marketbeat.com.

Atmos Energy
Bull Case

green Wall Street bull icon

Here are some ways that investors could benefit from investing in Atmos Energy Co.:

  • Atmos Energy Co. has a healthy debt-to-equity ratio of 0.65, indicating a balanced mix of debt and equity in its capital structure. This suggests financial stability and efficient use of capital.
  • With a current ratio of 1.73 and a quick ratio of 1.57, Atmos Energy Co. demonstrates strong liquidity positions, ensuring the company can meet its short-term obligations comfortably.
  • Analysts have rated Atmos Energy Co. as a "Moderate Buy" with an average price target of $137.71, indicating positive sentiment and potential for stock price appreciation.
  • Atmos Energy Co. has a consistent track record of paying dividends, with a dividend yield of 2.35% and a payout ratio of 48.28%, providing investors with a steady income stream.
  • Despite market fluctuations, Atmos Energy Co. has shown resilience with a beta of 0.68, indicating lower volatility compared to the overall market, potentially offering stability to investors.

Atmos Energy
Bear Case

red Wall Street bear icon

Investors should be bearish about investing in Atmos Energy Co. for these reasons:

  • Atmos Energy Co. has a P/E ratio of 20.56 and a P/E/G ratio of 2.89, which may indicate that the stock is relatively overvalued compared to its growth prospects, potentially limiting upside potential.

ATO Forecast - Frequently Asked Questions

According to the research reports of 8 Wall Street equities research analysts, the average twelve-month stock price forecast for Atmos Energy is $142.56, with a high forecast of $155.00 and a low forecast of $124.00.

8 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Atmos Energy in the last twelve months. There are currently 3 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" ATO shares.

According to analysts, Atmos Energy's stock has a predicted upside of 3.13% based on their 12-month stock forecasts.

Atmos Energy has been rated by research analysts at Barclays, Jefferies Financial Group, JPMorgan Chase & Co., LADENBURG THALM/SH SH, Morgan Stanley, and Wells Fargo & Company in the past 90 days.

Analysts like Atmos Energy more than other "utilities" companies. The consensus rating for Atmos Energy is Moderate Buy while the average consensus rating for "utilities" companies is Hold. Learn more on how ATO compares to other companies.


This page (NYSE:ATO) was last updated on 10/8/2024 by MarketBeat.com Staff
From Our Partners