ONE Gas (OGS) Given Daily Media Sentiment Score of 0.44
Press coverage about ONE Gas (NYSE:OGS) has trended positive recently, Alpha One Sentiment Analysis reports. The research firm, a service of Accern, scores the sentiment of press coverage by reviewing more than 20 million blog and news sources in real time. Alpha One ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. ONE Gas earned a daily sentiment score of 0.44 on Alpha One’s scale. Alpha One also assigned media coverage about the utilities provider an impact score of 0 out of 100, indicating that recent press coverage is extremely unlikely to have an effect on the company’s share price in the near term.
Shares of ONE Gas (NYSE:OGS) traded down 0.17% during midday trading on Friday, hitting $68.89. The company had a trading volume of 190,200 shares. The company has a 50-day moving average of $67.08 and a 200 day moving average of $63.31. The firm has a market capitalization of $3.60 billion, a PE ratio of 26.00 and a beta of 0.11. ONE Gas has a 12 month low of $55.98 and a 12 month high of $69.40.
ONE Gas (NYSE:OGS) last issued its quarterly earnings results on Wednesday, February 22nd. The utilities provider reported $0.80 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.78 by $0.02. The firm had revenue of $440.75 million for the quarter, compared to analysts’ expectations of $444.73 million. ONE Gas had a return on equity of 7.36% and a net margin of 9.95%. The firm’s revenue for the quarter was up 13.3% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.74 EPS. On average, analysts expect that ONE Gas will post $2.96 EPS for the current fiscal year.
A number of equities research analysts recently weighed in on the company. Zacks Investment Research cut ONE Gas from a “buy” rating to a “hold” rating in a research note on Wednesday, April 12th. Jefferies Group LLC restated a “sell” rating and set a $59.00 price objective on shares of ONE Gas in a research note on Friday, March 31st. Finally, TheStreet upgraded ONE Gas from a “c-” rating to a “b-” rating in a research note on Wednesday, February 22nd. One equities research analyst has rated the stock with a sell rating and five have issued a hold rating to the company. The company has a consensus rating of “Hold” and an average price target of $62.75.
In related news, Director Eduardo A. Rodriguez sold 1,600 shares of the business’s stock in a transaction dated Thursday, March 23rd. The stock was sold at an average price of $67.76, for a total value of $108,416.00. Following the transaction, the director now owns 6,460 shares in the company, valued at approximately $437,729.60. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 1.25% of the company’s stock.
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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