ONE Gas (NYSE:OGS) Releases FY 2025 Earnings Guidance

ONE Gas (NYSE:OGS) issued an update on its FY 2025 earnings guidance on Monday morning. The company provided earnings per share (EPS) guidance of 4.340-4.400 for the period, compared to the consensus estimate of 4.360. The company issued revenue guidance of -.

ONE Gas Stock Up 1.6%

OGS stock traded up $1.32 during midday trading on Monday, reaching $81.51. 658,650 shares of the company were exchanged, compared to its average volume of 497,386. The company has a debt-to-equity ratio of 0.74, a quick ratio of 0.42 and a current ratio of 0.52. ONE Gas has a 1-year low of $66.38 and a 1-year high of $83.39. The stock’s 50-day simple moving average is $78.58 and its 200 day simple moving average is $75.99. The company has a market cap of $4.89 billion, a price-to-earnings ratio of 19.45, a price-to-earnings-growth ratio of 3.17 and a beta of 0.85.

ONE Gas (NYSE:OGS) last released its quarterly earnings data on Monday, November 3rd. The utilities provider reported $0.44 earnings per share for the quarter, missing analysts’ consensus estimates of $0.56 by ($0.12). ONE Gas had a return on equity of 8.07% and a net margin of 10.63%. ONE Gas has set its FY 2025 guidance at 4.340-4.400 EPS. On average, equities analysts forecast that ONE Gas will post 4.26 earnings per share for the current year.

Analyst Ratings Changes

OGS has been the topic of a number of recent research reports. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of ONE Gas in a report on Wednesday, October 8th. Morgan Stanley reaffirmed an “outperform” rating and issued a $72.00 target price on shares of ONE Gas in a report on Wednesday, October 22nd. Jefferies Financial Group lifted their target price on shares of ONE Gas from $89.00 to $99.00 and gave the company a “buy” rating in a report on Wednesday, October 22nd. Finally, Mizuho raised shares of ONE Gas from a “neutral” rating to an “outperform” rating and lifted their target price for the company from $77.00 to $86.00 in a report on Friday, September 26th. Six equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $80.69.

Institutional Investors Weigh In On ONE Gas

A number of institutional investors and hedge funds have recently bought and sold shares of OGS. Alliancebernstein L.P. lifted its stake in ONE Gas by 1,393.0% in the 2nd quarter. Alliancebernstein L.P. now owns 1,597,487 shares of the utilities provider’s stock valued at $114,795,000 after buying an additional 1,490,492 shares in the last quarter. Squarepoint Ops LLC lifted its stake in ONE Gas by 187.1% in the 2nd quarter. Squarepoint Ops LLC now owns 550,521 shares of the utilities provider’s stock valued at $39,560,000 after buying an additional 358,779 shares in the last quarter. Cubist Systematic Strategies LLC purchased a new stake in ONE Gas in the 2nd quarter valued at approximately $16,354,000. Jane Street Group LLC purchased a new stake in ONE Gas in the 1st quarter valued at approximately $5,876,000. Finally, Brevan Howard Capital Management LP purchased a new position in shares of ONE Gas during the 2nd quarter worth $5,184,000. Hedge funds and other institutional investors own 88.71% of the company’s stock.

ONE Gas Company Profile

ONE Gas, Inc, together with its subsidiaries, operates as a regulated natural gas distribution company in the United States. The company provides natural gas distribution services to approximately 2.3 million customers in Oklahoma, Kansas, and Texas. It serves residential, commercial, and transportation customers.