Earnings estimates for Atmos Energy Corporation (ATO - Free Report) for fiscal 2019 and fiscal 2020 are likely to improve 8% and 6.76% on a year-over-year basis to $4.32 and $4.61 per share, respectively. Revenue estimates for fiscal 2019 and fiscal 2020 are likely to increase 53.77% and 8.31% on a year-over-year basis to $3.42 billion and $3.71 billion, respectively.
Let’s focus on the factors that make Atmos Energyan appropriate investment option at the moment.
Zacks Rank & VGM Score
Atmos Energycurrently carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
The stock has an impressive VGM Score of B. Here V stands for Value, G for Growth and M for Momentum with the score being a weighted combination of all three factors. Back tested results show that stocks with a favorable VGM Score of A or B coupled with a bullish Zacks Rank are the best investment options.
Earnings Surprise History & Long-Term Growth
The company’s average four-quarter positive earnings surprise is 4.26%.
The company’s long-term (three to five years) earnings growth is pegged at 6.50%.
Price Movement
In the past 12 months, Atmos Energy’s shares have gained 18.8% compared with the industry’s rise of 8.4%.
Dividend Growth & Dividend Yield
On Nov 7, 2018, the board of directors approved 8.2% increase in annual dividend, marking the 35th consecutive year of dividend hike that indicatesconsistent performance.
Currently, the company has a dividend yield of 1.99% compared with the Zacks S&P 500 composite’s 1.94%.
Other Key Picks
Some other top-ranked stocks from the same industry are ONEOK, Inc (OKE - Free Report) , ONE Gas, Inc (OGS - Free Report) and Northwest Natural Gas Company (NWN - Free Report) , each holding a Zacks Rank of 2.
ONEOK pulled off an average positive earnings surprise of 3.17% in the last four quarters. The company’s long-term earnings growth is pegged at 11.30%.
ONE Gas pulled off an average positive earnings surprise of 8.29% in the last four quarters. The company’s long-term earnings growth is pegged at 5.90%.
Earnings Estimates for 2019 for Northwest Natural Gas moved up 4.4% to $2.37 per share in the past 60 days. The company’s long-term earnings growth is pegged at 4.50%
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Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
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Earnings estimates for Atmos Energy Corporation (ATO - Free Report) for fiscal 2019 and fiscal 2020 are likely to improve 8% and 6.76% on a year-over-year basis to $4.32 and $4.61 per share, respectively. Revenue estimates for fiscal 2019 and fiscal 2020 are likely to increase 53.77% and 8.31% on a year-over-year basis to $3.42 billion and $3.71 billion, respectively.
Let’s focus on the factors that make Atmos Energyan appropriate investment option at the moment.
Zacks Rank & VGM Score
Atmos Energycurrently carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
The stock has an impressive VGM Score of B. Here V stands for Value, G for Growth and M for Momentum with the score being a weighted combination of all three factors. Back tested results show that stocks with a favorable VGM Score of A or B coupled with a bullish Zacks Rank are the best investment options.
Earnings Surprise History & Long-Term Growth
The company’s average four-quarter positive earnings surprise is 4.26%.
The company’s long-term (three to five years) earnings growth is pegged at 6.50%.
Price Movement
In the past 12 months, Atmos Energy’s shares have gained 18.8% compared with the industry’s rise of 8.4%.
Dividend Growth & Dividend Yield
On Nov 7, 2018, the board of directors approved 8.2% increase in annual dividend, marking the 35th consecutive year of dividend hike that indicatesconsistent performance.
Currently, the company has a dividend yield of 1.99% compared with the Zacks S&P 500 composite’s 1.94%.
Other Key Picks
Some other top-ranked stocks from the same industry are ONEOK, Inc (OKE - Free Report) , ONE Gas, Inc (OGS - Free Report) and Northwest Natural Gas Company (NWN - Free Report) , each holding a Zacks Rank of 2.
ONEOK pulled off an average positive earnings surprise of 3.17% in the last four quarters. The company’s long-term earnings growth is pegged at 11.30%.
ONE Gas pulled off an average positive earnings surprise of 8.29% in the last four quarters. The company’s long-term earnings growth is pegged at 5.90%.
Earnings Estimates for 2019 for Northwest Natural Gas moved up 4.4% to $2.37 per share in the past 60 days. The company’s long-term earnings growth is pegged at 4.50%
Today's Best Stocks from Zacks
Would you like to see the updated picks from our best market-beating strategies? From 2017 through 2018, while the S&P 500 gained +15.8%, five of our screens returned +38.0%, +61.3%, +61.6%, +68.1%, and +98.3%.
This outperformance has not just been a recent phenomenon. From 2000 – 2018, while the S&P averaged +4.8% per year, our top strategies averaged up to +56.2% per year.
See their latest picks free >>
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
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