Atmos Energy Corp
ATO: XNYS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$789.00 | Vlbdzj | Kxzcdckf |
Atmos Energy Earnings: Texas Continues to Drive Growth
We are reaffirming our $113 per share fair value estimate after Atmos reported first-quarter fiscal 2024 earnings per share of $2.08, up 9% compared with the same year-ago period. Atmos now trades in line with our fair value estimate as of Feb. 7 after trading at a 14% premium to our fair value estimate last July. Our narrow moat and stable moat trend remain unchanged.