Brokerages Expect Transportadora de Gas del Sur SA ADR (TGS) to Announce $0.39 Earnings Per Share

Share on StockTwits

Transportadora de Gas del Sur SA ADR (NYSE:TGS) has been given an average broker rating score of 3.00 (Hold) from the one brokers that cover the company, Zacks Investment Research reports. One analyst has rated the stock with a hold rating.

Brokers have set a one year consensus price objective of $14.00 for the company and are predicting that the company will post $0.39 earnings per share for the current quarter, according to Zacks. Zacks has also given Transportadora de Gas del Sur an industry rank of 201 out of 256 based on the ratings given to related companies.

Several analysts have recently commented on the company. ValuEngine raised Transportadora de Gas del Sur from a “strong sell” rating to a “sell” rating in a report on Wednesday, May 8th. Zacks Investment Research cut Transportadora de Gas del Sur from a “buy” rating to a “hold” rating in a report on Saturday, April 27th. TheStreet raised Transportadora de Gas del Sur from a “c+” rating to a “b-” rating in a report on Wednesday, February 13th. Finally, Santander raised Transportadora de Gas del Sur from a “hold” rating to a “buy” rating in a report on Tuesday, February 26th.

Shares of TGS traded down $0.01 during mid-day trading on Thursday, hitting $11.50. The company’s stock had a trading volume of 460,500 shares, compared to its average volume of 324,960. The company has a debt-to-equity ratio of 0.63, a current ratio of 3.04 and a quick ratio of 3.19. The stock has a market capitalization of $1.83 billion, a P/E ratio of 5.90 and a beta of 0.80. Transportadora de Gas del Sur has a 1-year low of $8.81 and a 1-year high of $18.03.

Transportadora de Gas del Sur (NYSE:TGS) last posted its quarterly earnings results on Thursday, March 7th. The energy company reported $1.32 EPS for the quarter, beating the consensus estimate of $0.25 by $1.07. The business had revenue of $243.95 million during the quarter. Transportadora de Gas del Sur had a return on equity of 54.20% and a net margin of 33.33%. Research analysts anticipate that Transportadora de Gas del Sur will post 1.05 EPS for the current year.

The company also recently disclosed a dividend, which was paid on Monday, April 22nd. Investors of record on Monday, April 22nd were issued a dividend of $1.019 per share. The ex-dividend date of this dividend was Thursday, April 18th. This is a boost from Transportadora de Gas del Sur’s previous dividend of $0.27. Transportadora de Gas del Sur’s payout ratio is currently 78.97%.

A number of hedge funds have recently modified their holdings of TGS. Marshall Wace LLP acquired a new position in Transportadora de Gas del Sur during the third quarter worth $4,163,000. Amundi Pioneer Asset Management Inc. acquired a new position in Transportadora de Gas del Sur during the fourth quarter worth $3,820,000. Oaktree Capital Management LP raised its holdings in Transportadora de Gas del Sur by 37.0% during the first quarter. Oaktree Capital Management LP now owns 689,000 shares of the energy company’s stock worth $9,066,000 after purchasing an additional 186,000 shares during the last quarter. Freestone Capital Holdings LLC raised its holdings in Transportadora de Gas del Sur by 71.3% during the first quarter. Freestone Capital Holdings LLC now owns 427,397 shares of the energy company’s stock worth $5,624,000 after purchasing an additional 177,879 shares during the last quarter. Finally, Fiera Capital Corp acquired a new position in Transportadora de Gas del Sur during the first quarter worth $1,984,000. 8.44% of the stock is owned by hedge funds and other institutional investors.

Transportadora de Gas del Sur Company Profile

Transportadora de Gas del Sur SA provides natural gas transportation and distribution services in Argentina. The company operates through four segments: Natural Gas Transportation, Liquids Production and Commercialization, Other Services, and Telecommunications. The Natural Gas Transportation segment transports natural gas through 5,706 miles of pipeline system to distribution companies, power plants, and industrial customers.

Read More: The Structure of a Futures Contract

Get a free copy of the Zacks research report on Transportadora de Gas del Sur (TGS)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

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



Latest News

Hurco Companies, Inc.  Plans $0.12 Quarterly Dividend
Hurco Companies, Inc. Plans $0.12 Quarterly Dividend
China Yuchai International Limited  to Issue Annual Dividend of $0.85
China Yuchai International Limited to Issue Annual Dividend of $0.85
Aberdeen Smaller Coms High Incm Trst PLC  To Go Ex-Dividend on July 4th
Aberdeen Smaller Coms High Incm Trst PLC To Go Ex-Dividend on July 4th
Porvair plc Plans Dividend of GBX 1.70
Porvair plc Plans Dividend of GBX 1.70
Polar Capital Holdings plc  To Go Ex-Dividend on July 4th
Polar Capital Holdings plc To Go Ex-Dividend on July 4th
Bank of Nova Scotia  to Issue Quarterly Dividend of $0.87 on  July 29th
Bank of Nova Scotia to Issue Quarterly Dividend of $0.87 on July 29th


© 2006-2019 Ticker Report