ONE Gas (OGS) Scheduled to Post Earnings on Monday

Share on StockTwits

ONE Gas (NYSE:OGS) is scheduled to be posting its quarterly earnings results after the market closes on Monday, October 28th. Analysts expect ONE Gas to post earnings of $0.35 per share for the quarter. ONE Gas has set its FY 2019 guidance at $3.39-3.57 EPS.Individual that wish to listen to the company’s earnings conference call can do so using this link.

ONE Gas (NYSE:OGS) last issued its earnings results on Monday, July 29th. The utilities provider reported $0.46 EPS for the quarter, topping the consensus estimate of $0.42 by $0.04. The firm had revenue of $290.56 million during the quarter, compared to analysts’ expectations of $294.20 million. ONE Gas had a return on equity of 8.66% and a net margin of 10.83%. During the same period last year, the business earned $0.39 earnings per share. On average, analysts expect ONE Gas to post $4 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Shares of OGS stock opened at $95.07 on Monday. The stock has a market cap of $4.99 billion, a P/E ratio of 29.25, a price-to-earnings-growth ratio of 4.40 and a beta of 0.29. ONE Gas has a one year low of $75.51 and a one year high of $96.66. The stock has a fifty day moving average price of $93.35 and a 200 day moving average price of $90.38. The company has a debt-to-equity ratio of 0.61, a current ratio of 0.65 and a quick ratio of 0.50.

Several research analysts recently commented on the company. Morgan Stanley set a $82.00 target price on ONE Gas and gave the stock a “sell” rating in a research report on Friday, August 16th. UBS Group raised ONE Gas from a “sell” rating to a “neutral” rating and set a $90.00 target price for the company in a research report on Tuesday, September 10th. Mizuho assumed coverage on ONE Gas in a research report on Wednesday, October 16th. They issued a “neutral” rating and a $96.00 target price for the company. Finally, ValuEngine cut ONE Gas from a “buy” rating to a “hold” rating in a report on Wednesday, October 2nd. Three equities research analysts have rated the stock with a sell rating and three have given a hold rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus price target of $85.50.

In other ONE Gas news, insider Jeffrey J. Husen sold 300 shares of ONE Gas stock in a transaction on Thursday, August 8th. The stock was sold at an average price of $89.64, for a total transaction of $26,892.00. Following the completion of the transaction, the insider now directly owns 1,787 shares of the company’s stock, valued at $160,186.68. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 1.76% of the stock is currently owned by company insiders.

ONE Gas Company Profile

ONE Gas, Inc operates as a regulated natural gas distribution utility company in the United States. The company operates through three divisions: Oklahoma Natural Gas, Kansas Gas Service, and Texas Gas Service. It serves residential, commercial, and industrial and transportation customers, as well as provides natural gas distribution services to wholesale and public authority customers.

Further Reading: Why does a company issue an IPO?

Earnings History for ONE Gas (NYSE:OGS)

Receive News & Ratings for ONE Gas Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ONE Gas and related companies with MarketBeat.com's FREE daily email newsletter.