Currently, there are 56.66M common shares owned by the public and among those 55.87M shares have been available to trade.
The company’s stock has a 5-day price change of 7.10% and -2.02% over the past three months. OGS shares are trading 5.05% year to date (YTD), with the 12-month market performance up to 23.60% higher. It has a 12-month low price of $57.74 and touched a high of $78.89 over the same period. OGS has an average intraday trading volume of 398.21K shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 4.98%, 0.53%, and 6.51% respectively.
Institutional ownership of ONE Gas Inc (NYSE: OGS) shares accounts for 96.28% of the company’s 56.66M shares outstanding.
It has a market capitalization of $4.12B and a beta (3y monthly) value of 0.70. The stock’s trailing 12-month PE ratio is 18.97, while the earnings-per-share (ttm) stands at $3.83. The company has a PEG of 7.75 and a Quick Ratio of 0.30 with the debt-to-equity ratio at 1.20. Price movements for the stock have been influenced by the stock’s volatility, which stands at 1.89% over the week and 2.12% over the month.
Earnings per share for the fiscal year are expected to decrease by -6.13%, and 9.33% over the next financial year. EPS should shrink at an annualized rate of 2.45% over the next five years, compared to 4.97% over the past 5-year period.
Looking at the support for the OGS, a number of firms have released research notes about the stock. BofA Securities stated their Buy rating for the stock in a research note on December 13, 2024, with the firm’s price target at $77. Jefferies coverage for the ONE Gas Inc (OGS) stock in a research note released on December 09, 2024 offered a Hold rating with a price target of $79. Ladenburg Thalmann was of a view on December 06, 2024 that the stock is Neutral, while Wells Fargo gave the stock Overweight rating on September 11, 2024, issuing a price target of $71- $80. UBS on their part issued Sell rating on April 12, 2024.
