News articles about ONE Gas (NYSE:OGS) have trended somewhat positive this week, Accern Sentiment reports. The research group scores the sentiment of news coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. ONE Gas earned a media sentiment score of 0.14 on Accern’s scale. Accern also gave headlines about the utilities provider an impact score of 47.748513412074 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
Several equities research analysts have recently weighed in on the stock. Zacks Investment Research upgraded shares of ONE Gas from a “hold” rating to a “buy” rating and set a $85.00 price objective for the company in a research note on Wednesday. BidaskClub upgraded shares of ONE Gas from a “buy” rating to a “strong-buy” rating in a research note on Saturday, August 26th. Jefferies Group LLC restated a “sell” rating and set a $62.00 price target on shares of ONE Gas in a research note on Sunday, September 10th. Morgan Stanley upped their price target on shares of ONE Gas from $68.00 to $72.00 and gave the company an “underperform” rating in a research note on Thursday, August 10th. Finally, UBS AG lowered shares of ONE Gas from a “neutral” rating to a “sell” rating and increased their price objective for the stock from $71.00 to $72.00 in a research note on Monday, October 2nd. Three analysts have rated the stock with a sell rating, two have issued a hold rating, one has assigned a buy rating and one has given a strong buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average target price of $68.83.
Shares of ONE Gas (NYSE:OGS) opened at $75.90 on Friday. ONE Gas has a 12-month low of $56.89 and a 12-month high of $78.26. The stock has a market cap of $3,967.60, a PE ratio of 25.38, a P/E/G ratio of 4.03 and a beta of 0.11. The company has a debt-to-equity ratio of 0.62, a quick ratio of 0.73 and a current ratio of 1.14.
ONE Gas (NYSE:OGS) last announced its quarterly earnings results on Monday, October 30th. The utilities provider reported $0.36 earnings per share for the quarter, beating analysts’ consensus estimates of $0.28 by $0.08. ONE Gas had a net margin of 10.42% and a return on equity of 8.22%. The business had revenue of $247.14 million during the quarter, compared to analysts’ expectations of $242.75 million. During the same period last year, the business earned $0.24 earnings per share. analysts predict that ONE Gas will post 3 EPS for the current year.
The company also recently declared a quarterly dividend, which will be paid on Friday, December 1st. Investors of record on Monday, November 13th will be paid a $0.42 dividend. The ex-dividend date of this dividend is Friday, November 10th. This represents a $1.68 dividend on an annualized basis and a yield of 2.21%. ONE Gas’s dividend payout ratio is currently 56.19%.
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ONE Gas Company Profile
ONE Gas, Inc is a regulated natural gas distribution utility in the United States. The Company provides natural gas distribution services. The Company distributes natural gas in Oklahoma, Kansas and Texas. The Company serves residential, commercial and industrial, transportation and wholesale and public authority customers.
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