ONE Gas, Inc. (NYSE:OGS – Free Report) – Research analysts at Zacks Research decreased their FY2026 earnings estimates for shares of ONE Gas in a research report issued on Monday, April 21st. Zacks Research analyst R. Department now anticipates that the utilities provider will post earnings of $4.39 per share for the year, down from their previous forecast of $4.40. The consensus estimate for ONE Gas’ current full-year earnings is $4.26 per share.
ONE Gas (NYSE:OGS – Get Free Report) last posted its quarterly earnings results on Wednesday, February 19th. The utilities provider reported $1.34 earnings per share for the quarter, meeting the consensus estimate of $1.34. ONE Gas had a return on equity of 7.70% and a net margin of 10.70%. The firm had revenue of $630.70 million for the quarter, compared to analyst estimates of $973.58 million.
View Our Latest Analysis on ONE Gas
ONE Gas Price Performance
Shares of OGS opened at $77.89 on Thursday. The company has a debt-to-equity ratio of 0.77, a current ratio of 0.64 and a quick ratio of 0.37. The company has a market capitalization of $4.67 billion, a price-to-earnings ratio of 19.92, a P/E/G ratio of 3.64 and a beta of 0.74. The business’s 50-day moving average is $74.68 and its 200-day moving average is $72.93. ONE Gas has a fifty-two week low of $58.31 and a fifty-two week high of $79.24.
Hedge Funds Weigh In On ONE Gas
Hedge funds have recently bought and sold shares of the business. UMB Bank n.a. lifted its position in shares of ONE Gas by 3,620.0% in the fourth quarter. UMB Bank n.a. now owns 372 shares of the utilities provider’s stock worth $26,000 after buying an additional 362 shares during the last quarter. Coppell Advisory Solutions LLC acquired a new stake in ONE Gas in the 4th quarter worth approximately $26,000. Crews Bank & Trust bought a new stake in ONE Gas during the fourth quarter worth approximately $35,000. Wilmington Savings Fund Society FSB bought a new stake in ONE Gas during the third quarter worth approximately $45,000. Finally, Point72 Asia Singapore Pte. Ltd. acquired a new position in ONE Gas during the fourth quarter valued at approximately $50,000. 88.71% of the stock is owned by institutional investors and hedge funds.
About ONE Gas
ONE Gas, Inc, together with its subsidiaries, operates as a regulated natural gas distribution company in the United States. The company provides natural gas distribution services to approximately 2.3 million customers in Oklahoma, Kansas, and Texas. It serves residential, commercial, and transportation customers.
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