Morgan Stanley analyst Stephen Byrd maintained a Hold rating on ONE Gas (OGS – Research Report) today and set a price target of $81.00. The company’s shares closed last Friday at $78.38.
According to TipRanks.com, Byrd is a 5-star analyst with an average return of 9.2% and a 58.5% success rate. Byrd covers the Utilities sector, focusing on stocks such as American Electric Power, Nextera Energy Partners, and Pinnacle West Capital.
Currently, the analyst consensus on ONE Gas is a Strong Buy with an average price target of $81.25.
See Insiders’ Hot Stocks on TipRanks >>
Based on ONE Gas’ latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $274 million and net profit of $20.25 million. In comparison, last year the company earned revenue of $245 million and had a net profit of $21.08 million.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
ONE Gas, Inc. engages in the provision of natural gas distribution services. It also offers natural gas to residential, commercial, industrial, and transportation customers. The company was founded in 1906 and is headquartered in Tulsa, OK.
Read More on OGS:
