Somewhat Positive Press Coverage Somewhat Unlikely to Affect ONE Gas (OGS) Stock Price

Media stories about ONE Gas (NYSE:OGS) have been trending somewhat positive on Sunday, according to Accern Sentiment Analysis. The research firm identifies positive and negative media coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. ONE Gas earned a coverage optimism score of 0.07 on Accern’s scale. Accern also gave media headlines about the utilities provider an impact score of 47.2062330116611 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.

Several research firms recently weighed in on OGS. Bank of America restated an “underperform” rating on shares of ONE Gas in a report on Tuesday, February 27th. Wells Fargo set a $69.00 price target on ONE Gas and gave the company a “hold” rating in a report on Tuesday, February 13th. Morgan Stanley decreased their price target on ONE Gas from $69.00 to $65.00 and set an “underweight” rating on the stock in a report on Tuesday, February 13th. Zacks Investment Research lowered ONE Gas from a “buy” rating to a “hold” rating in a report on Wednesday, January 3rd. Finally, Jefferies Group restated a “sell” rating and set a $63.00 price target on shares of ONE Gas in a report on Wednesday, December 20th. Four research analysts have rated the stock with a sell rating, two have given a hold rating and one has given a strong buy rating to the company’s stock. ONE Gas has a consensus rating of “Hold” and an average price target of $70.80.

Shares of ONE Gas stock opened at $63.55 on Friday. The company has a debt-to-equity ratio of 0.61, a current ratio of 0.87 and a quick ratio of 0.68. ONE Gas has a 52 week low of $62.20 and a 52 week high of $79.51. The firm has a market capitalization of $3,415.71, a price-to-earnings ratio of 20.63, a price-to-earnings-growth ratio of 3.75 and a beta of 0.18.

ONE Gas (NYSE:OGS) last released its earnings results on Wednesday, February 21st. The utilities provider reported $0.89 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.89. ONE Gas had a return on equity of 8.31% and a net margin of 10.59%. The business had revenue of $462.39 million for the quarter, compared to analyst estimates of $445.30 million. During the same quarter last year, the firm posted $0.80 earnings per share. sell-side analysts expect that ONE Gas will post 3.11 EPS for the current year.

The firm also recently announced a quarterly dividend, which was paid on Friday, March 9th. Shareholders of record on Friday, February 23rd were paid a $0.46 dividend. This is a positive change from ONE Gas’s previous quarterly dividend of $0.42. The ex-dividend date of this dividend was Thursday, February 22nd. This represents a $1.84 dividend on an annualized basis and a yield of 2.90%. ONE Gas’s dividend payout ratio (DPR) is presently 59.74%.

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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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