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Why Is ONE Gas (OGS) Up 2.6% Since Last Earnings Report?

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A month has gone by since the last earnings report for ONE Gas (OGS - Free Report) . Shares have added about 2.6% in that time frame, outperforming the S&P 500.

Will the recent positive trend continue leading up to its next earnings release, or is ONE Gas due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important drivers.

How Have Estimates Been Moving Since Then?

Analysts were quiet during the last two month period as none of them issued any earnings estimate revisions.

VGM Scores

Currently, ONE Gas has a poor Growth Score of F, however its Momentum Score is doing a lot better with an A. However, the stock was allocated a grade of D on the value side, putting it in the bottom 40% for this investment strategy.

Overall, the stock has an aggregate VGM Score of D. If you aren't focused on one strategy, this score is the one you should be interested in.

Outlook

ONE Gas has a Zacks Rank #4 (Sell). We expect a below average return from the stock in the next few months.

Performance of an Industry Player

ONE Gas is part of the Zacks Utility - Gas Distribution industry. Over the past month, UGI (UGI - Free Report) , a stock from the same industry, has gained 2.6%. The company reported its results for the quarter ended December 2024 more than a month ago.

UGI reported revenues of $2.03 billion in the last reported quarter, representing a year-over-year change of -4.3%. EPS of $1.37 for the same period compares with $1.20 a year ago.

UGI is expected to post earnings of $1.80 per share for the current quarter, representing a year-over-year change of -8.6%. Over the last 30 days, the Zacks Consensus Estimate has changed -1.4%.

The overall direction and magnitude of estimate revisions translate into a Zacks Rank #2 (Buy) for UGI. Also, the stock has a VGM Score of B.


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