ONE Gas (OGS) Receives Daily News Sentiment Score of 0.10
News articles about ONE Gas (NYSE:OGS) have trended somewhat positive this week, Accern Sentiment reports. The research firm identifies positive and negative press coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. ONE Gas earned a news impact score of 0.10 on Accern’s scale. Accern also gave headlines about the utilities provider an impact score of 47.3929851975508 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
Shares of ONE Gas (OGS) opened at 73.99 on Friday. The company has a market cap of $3.87 billion, a P/E ratio of 25.78 and a beta of 0.12. ONE Gas has a 52 week low of $55.98 and a 52 week high of $74.72. The company’s 50-day moving average price is $71.51 and its 200 day moving average price is $68.62.
ONE Gas (NYSE:OGS) last released its earnings results on Monday, July 31st. The utilities provider reported $0.39 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.42 by $0.03. The company had revenue of $279.69 million during the quarter, compared to analyst estimates of $257.87 million. ONE Gas had a net margin of 10.12% and a return on equity of 7.98%. ONE Gas’s revenue was up 13.7% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.38 EPS. On average, equities analysts forecast that ONE Gas will post $2.98 EPS for the current fiscal year.
The firm also recently declared a quarterly dividend, which will be paid on Friday, September 1st. Shareholders of record on Monday, August 14th will be given a dividend of $0.42 per share. This represents a $1.68 dividend on an annualized basis and a yield of 2.27%. The ex-dividend date of this dividend is Thursday, August 10th. ONE Gas’s dividend payout ratio (DPR) is presently 58.54%.
Several analysts have recently issued reports on the company. Morgan Stanley upped their price target on ONE Gas from $68.00 to $72.00 and gave the stock an “underperform” rating in a research note on Thursday. BidaskClub upgraded ONE Gas from a “hold” rating to a “buy” rating in a research note on Tuesday, August 1st. Finally, Zacks Investment Research upgraded ONE Gas from a “hold” rating to a “buy” rating and set a $77.00 price target for the company in a research note on Thursday, July 13th. Two research analysts have rated the stock with a sell rating, four have issued a hold rating and two have issued a buy rating to the company. The company has a consensus rating of “Hold” and an average target price of $65.67.
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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