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Atmos Energy Corp (ATO) stock reached an all-time high of $171.30, marking a significant milestone for the company. According to InvestingPro data, the utility giant, now valued at $27.44 billion, is trading slightly above its Fair Value, with analysts setting price targets between $141 and $182. This achievement reflects a robust performance over the past year, during which the stock has appreciated by 24.1%. The strong upward trajectory underscores investor confidence and the company’s solid operational execution in the energy sector, supported by 32 consecutive years of dividend increases and consistently low price volatility. As Atmos Energy continues to expand its infrastructure and service offerings, the stock’s rise to this unprecedented level highlights its growing market influence and potential for future growth. InvestingPro subscribers have access to 10 additional key insights about ATO’s financial health and growth prospects through detailed Pro Research Reports.
In other recent news, Atmos Energy Corporation reported its third-quarter earnings for fiscal year 2025, meeting analysts’ expectations with an earnings per share (EPS) of $1.16. The company also exceeded revenue forecasts, reporting $838.77 million compared to the expected $821.21 million. Furthermore, Atmos Energy announced a public offering of $600 million in senior notes due 2056, expecting net proceeds of approximately $589.8 million after expenses.
On the analyst front, Mizuho raised its price target for Atmos Energy to $170, citing the anticipated impact of Texas House Bill 4384, which is expected to significantly enhance the company’s earnings per share over the next five years. Conversely, Ladenburg Thalmann downgraded Atmos Energy from Buy to Neutral, maintaining a price target of $163 due to valuation concerns. Despite the downgrade, Atmos Energy has raised its 2025 EPS guidance for the second time this year to a range of $7.35-$7.45. These developments highlight the mixed analyst sentiment surrounding Atmos Energy’s financial outlook.
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