With 1.03 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.11 million shares. The 52-week range on ATO shows that it touched its highest point at $167.45 and its lowest point at $110.97 during that stretch. It currently has a 1-year price target of $162.90. With its current market cap of 24.77 billion, ATO has annualized dividend of $3.35 while the current yield stands at 2.15%. Beta for the stock currently stands at 0.70.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of ATO was down-trending over the past week, with a drop of -3.27%, but this was down by -0.19% over a month. Three-month performance surged to 5.40% while six-month performance rose 6.75%. The stock gained 34.08% in the past year, while it has gained 11.99% so far this year. A look at the trailing 12-month EPS for ATO yields 7.16 with Next year EPS estimates of 7.76. For the next quarter, that number is 1.18. This implies an EPS growth rate of 5.45% for this year and 7.68% for next year. EPS is expected to grow by 6.83% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 9.43%.
Float and Shares Shorts:
At present, 158.84 million ATO shares are outstanding with a float of 158.11 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for ATO since 5 analysts follow the stock currently. There are 3 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 2 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $6.85778 being high and $6.75781 being low. For ATO, this leads to a yearly average estimate of $6.7978. Based on analyst estimates, the high estimate for the next quarter is $0.93 and the low estimate is $0.86. The average estimate for the next quarter is thus $0.89.
