Atmos Energy (ATO)
NYSEUtilitiesRegulated GasSnapshot 2026-11-04
$175.00-0.82%
Close 2026-11-05 · 1-day change
NYSEUtilitiesRegulated GasSnapshot 2026-11-04
Research Workspace
Put ATO beside peers and holdings, graph the same metric, and keep your notes with the evidence.
Daily closes. Earnings/event dots are placed inline.
Industries move in repeating boom-and-bust cycles. This shows where this stock’s industry sits in that cycle, stage by stage (recovery → expansion → supercycle → steady → deceleration → contraction), from its fundamentals (orders, revenue, capital spending), not the stock’s price.
A booming industry is a tailwind for the names in it; a contracting one is a headwind. Companies in the same industry tend to rise and fall together with the cycle, the way a tide lifts and lowers every boat in the harbor at once, so a large part of a stock’s swing can come from where its industry sits rather than from the company itself. It’s context for reading the company’s results, not a buy/sell call. Full explanation →
Utilities is in steady. Describes the industry's cycle state, not a call on this stock.
The stage band shows the industry’s cycle over the chart’s timeline (each color a stage); a ▼ marks a quarter its growth inflected down — amber is an unconfirmed watch, red is confirmed the next quarter. Use “Overlay cycle on chart” to tint the price chart by stage. The industry’s fundamentals, not a signal on this stock.
Primary pillar under pressure — EPS guidance maintained at $8.40 to $8.50 for fiscal 2026: Diluted EPS: $1.43 per share.
View ThesisRevenue growth is slowing — up about 6% over the past year and decelerating.
View GrowthRanks in the weakest quality tier of its industry — roughly the bottom 37%, softest on free-cash-flow margins.
View QualityManagement screens strong on earnings delivery, margins, market reaction to earnings.
View ManagementExpectations look reasonable — what the market is pricing in sits in line with or below what analysts forecast.
View ValuationModerate volatility — typically moves about 1% a day.
View RiskATO's strong recent performance must keep compounding to justify the price. Revenue growth has been strong, with the latest quarter beating expectations. The stock trades at 2.0x price-to-book, matching the peer median. The price reflects less growth than we forecast, making expectations modest. The primary pillar is under pressure, with EPS guidance maintained at $8.40 to $8.50. Reported profits are fragile, meaning they are not well backed by cash. Peer multiples imply a price about 13% below where it trades. The thesis is on watch, and this read is provisional.
Trailing returns as of 2026-11-05. ATO is total return (includes dividends); the S&P 500 benchmark is price return (the index excludes dividends).
Based on 14 analysts currently covering ATO (as of Nov 2026).
Based on 5 Wall Street analysts offering 12-month price targets for ATO in the last 4 months.
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Compare ATO with peers and holdings, graph the same reported metric, keep your questions beside the evidence, and return when the facts change.
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| Compare | Company | Living FV | P/E | Revenue % | Quality |
|---|---|---|---|---|---|
| ATO Selected company | Graph | Compare | Trend | Review | |
| Peer Add a competitor | Graph | Compare | Trend | Review | |
| Holding Compare a holding | Graph | Compare | Trend | Review |
Selected metric trend
Quarterly · checked companies · value or % of revenue
A consensus fair price across 10 valuation methods, at three horizons. As of 2026-11-04. Estimates are diagnostics, not price targets. Short-horizon estimates are close to coin-flips, so confidence is a method-agreement read, not a prediction.
Today's peer multiple on trailing earnings, with no growth credited. This is the headline read.
Adds projected growth, so it leans optimistic by design. Read it as upside context, not a base case.
A price-focused, side-by-side fair-value read versus Gas Utilities — fair value, gap to price, and forward P/E.
Compare the value case
Put ATO next to peers and holdings, compare Living FV and multiples, then graph the driver behind the difference.
Advances: Execute $4.2B capital expenditure program for safety and reliability
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
End-of-day figures as of 2026-11-05. EPS is implied from price ÷ P/E. Not investment advice.
Current $175.00
The last 12 months of price, then the range of analyst 12-month targets from today’s $175.00.
Analyst ratings and price targets are third-party Wall Street estimates, not QuarterlyIQ’s view. Not investment advice.
A long-thesis check that carries the widest uncertainty of the three horizons.
Above average on quality vs scored peers
A second lens on the 12-month fair value: for companies that score high on measured quality (profitability, balance-sheet safety, earnings stability), this read trusts more of today's profit margins instead of averaging them toward their multi-year history the way the headline number does. Shown alongside the fair value above, not in place of it. A diagnostic, not a price target or a buy/sell signal.
Direction of the business behind the multiple. Bands are backend reads; trailing-12-month basis.
Confirms long-term capex commitment and growth targets.
Advances: Maintain fiscal 2026 EPS guidance in the range of $8.40 - $8.50
Reaffirms EPS guidance, supporting growth objective.
Advances: Maintain fiscal 2026 EPS guidance in the range of $8.40 - $8.50
Q3 EPS beat supports fiscal 2026 EPS guidance.
Advances: Maintain EPS guidance in the range of $8.40 - $8.50
Higher profits support EPS guidance and growth objectives.
Lower target may affect investor sentiment and valuation.
Price target cut indicates potential valuation concerns.
Positive cash flow supports long-term growth thesis.
Earnings beat supports growth and EPS guidance.
