Atmos Energy (ATO)
NYSEUtilitiesRegulated GasSnapshot 2026-10-29
$171.07+0.91%
Close 2026-10-29 · 1-day change
NYSEUtilitiesRegulated GasSnapshot 2026-10-29
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 35%, 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 case rests on strong recent financial performance, though cash backing for reported profits remains fragile. Fiscal 2026 EPS beat in Q3, following a Q2 beat and Q1 result in line. ATO trades at 2× P/B versus a 2× peer median; expectations look modest versus our view. The primary pillar is under pressure: fiscal 2026 EPS guidance remains $8.40 to $8.50. Our model puts next-quarter miss probability near 21%. Peer multiples imply a price about 10% below where it trades; the thesis is on watch. This read is provisional.
Trailing returns as of 2026-10-29. 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 Oct 2026).
Based on 6 Wall Street analysts offering 12-month price targets for ATO in the last 4 months.
Continue this research
Compare ATO with peers and holdings, graph the same reported metric, keep your questions beside the evidence, and return when the facts change.
Compare now without an account. Saving and monitoring require an account.
| 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 2026-10-29. 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: Maintain fiscal 2026 EPS guidance in the range of $8.40 - $8.50
Reaffirms EPS guidance, supporting growth objective.
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 2026-10-29. EPS is implied from price ÷ P/E. Not investment advice.
Current $171.07
The last 12 months of price, then the range of analyst 12-month targets from today’s $171.07.
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.
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.
