ONE Gas, Inc. (NYSE:OGS) Stock Has Consensus Target Price of $88.95

by · The Markets Daily

Shares of ONE Gas, Inc. (NYSE:OGS – Get Free Report) have been assigned a consensus rating of “Moderate Buy” from the twelve research firms that are currently covering the stock, MarketBeat reports. Five research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. The average twelve-month price objective among brokers that have covered the stock in the last year is $88.95.

OGS has been the subject of a number of analyst reports. Weiss Ratings upgraded ONE Gas from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday, September 21st. Morgan Stanley cut their price target on ONE Gas from $82.00 to $79.00 and set an “equal weight” rating on the stock in a report on Friday, September 18th. Mizuho reduced their price target on ONE Gas from $94.00 to $89.00 and set an “outperform” rating for the company in a research report on Tuesday, June 9th. Wells Fargo & Company upgraded ONE Gas from a “strong sell” rating to an “equal weight” rating and set a $85.00 price objective for the company in a research note on Thursday, August 6th. Finally, LADENBURG THALM/SH SH raised ONE Gas from a “neutral” rating to a “buy” rating and set a $85.50 price objective on the stock in a research report on Thursday, August 13th.

Check Out Our Latest Report on ONE Gas

ONE Gas Trading Down 0.0%

NYSE:OGS opened at $71.92 on Tuesday. ONE Gas has a one year low of $71.27 and a one year high of $90.78. The company has a debt-to-equity ratio of 0.66, a quick ratio of 0.37 and a current ratio of 0.48. The firm has a market cap of $4.52 billion, a P/E ratio of 15.50, a P/E/G ratio of 1.97 and a beta of 0.67. The firm has a 50-day simple moving average of $78.72 and a 200-day simple moving average of $81.43.

ONE Gas (NYSE:OGS – Get Free Report) last released its quarterly earnings data on Tuesday, August 4th. The utilities provider reported $0.82 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.63 by $0.19. The firm had revenue of $411.64 million for the quarter, compared to the consensus estimate of $410.29 million. ONE Gas had a net margin of 12.47% and a return on equity of 8.81%. The company’s quarterly revenue was down 2.8% on a year-over-year basis. During the same period last year, the firm earned $0.53 earnings per share. ONE Gas has set its FY 2026 guidance at 4.830-4.950 EPS. Equities analysts anticipate that ONE Gas will post 4.92 EPS for the current fiscal year.

ONE Gas Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, August 31st. Shareholders of record on Monday, August 17th were issued a $0.68 dividend. The ex-dividend date was Monday, August 17th. This represents a $2.72 dividend on an annualized basis and a yield of 3.8%. ONE Gas’s payout ratio is currently 58.62%.

Institutional Trading of ONE Gas

Institutional investors have recently modified their holdings of the company. Sequoia Financial Advisors LLC lifted its position in ONE Gas by 9.4% during the second quarter. Sequoia Financial Advisors LLC now owns 7,933 shares of the utilities provider’s stock valued at $611,000 after acquiring an additional 681 shares during the last quarter. Tidal Investments LLC boosted its stake in ONE Gas by 1.9% in the second quarter. Tidal Investments LLC now owns 160,107 shares of the utilities provider’s stock valued at $12,339,000 after acquiring an additional 2,919 shares in the last quarter. WINTON GROUP Ltd grew its holdings in ONE Gas by 11.9% in the second quarter. WINTON GROUP Ltd now owns 17,683 shares of the utilities provider’s stock worth $1,363,000 after purchasing an additional 1,876 shares during the last quarter. Engineers Gate Manager LP grew its holdings in ONE Gas by 215.1% in the second quarter. Engineers Gate Manager LP now owns 37,634 shares of the utilities provider’s stock worth $2,900,000 after purchasing an additional 25,690 shares during the last quarter. Finally, Integrated Wealth Concepts LLC purchased a new position in ONE Gas in the second quarter worth $157,000. 88.71% of the stock is currently owned by institutional investors.

ONE Gas Company Profile

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