Somewhat Favorable Media Coverage Somewhat Unlikely to Affect ONE Gas (OGS) Stock Price

News articles about ONE Gas (NYSE:OGS) have been trending somewhat positive recently, according to Accern. The research group identifies negative and positive press coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. ONE Gas earned a media sentiment score of 0.14 on Accern’s scale. Accern also assigned media headlines about the utilities provider an impact score of 46.4405090444189 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near future.

Several research firms have commented on OGS. Zacks Investment Research raised ONE Gas from a “hold” rating to a “buy” rating and set a $85.00 price target for the company in a report on Wednesday, November 8th. UBS cut ONE Gas from a “neutral” rating to a “sell” rating and upped their price target for the company from $71.00 to $72.00 in a report on Monday, October 2nd. Jefferies Group reaffirmed a “sell” rating and issued a $62.00 price target on shares of ONE Gas in a report on Sunday, September 10th. Finally, BidaskClub raised ONE Gas from a “buy” rating to a “strong-buy” rating in a report on Saturday, August 26th. Three equities research analysts have rated the stock with a sell rating, one has issued a buy rating and one has assigned a strong buy rating to the company. ONE Gas presently has an average rating of “Hold” and an average price target of $72.75.

ONE Gas (NYSE OGS) traded down $0.71 during trading on Monday, reaching $76.79. The company’s stock had a trading volume of 170,424 shares, compared to its average volume of 189,055. The company has a debt-to-equity ratio of 0.62, a quick ratio of 0.73 and a current ratio of 1.14. The firm has a market cap of $4,051.22, a PE ratio of 25.92, a price-to-earnings-growth ratio of 4.10 and a beta of 0.11. ONE Gas has a 12-month low of $61.42 and a 12-month high of $79.51.

ONE Gas (NYSE:OGS) last posted its quarterly earnings results on Monday, October 30th. The utilities provider reported $0.36 EPS for the quarter, beating the consensus estimate of $0.28 by $0.08. ONE Gas had a return on equity of 8.22% and a net margin of 10.42%. The firm had revenue of $247.14 million during the quarter, compared to analysts’ expectations of $242.75 million. During the same quarter in the prior year, the firm posted $0.24 EPS. sell-side analysts expect that ONE Gas will post 3.01 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which was paid on Friday, December 1st. Stockholders of record on Monday, November 13th were paid a $0.42 dividend. The ex-dividend date was Friday, November 10th. This represents a $1.68 annualized dividend and a dividend yield of 2.19%. ONE Gas’s dividend payout ratio is currently 56.19%.

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About ONE Gas

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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