ONE Gas, Inc. (NYSE:OGS) issued an update on its FY17 earnings guidance on Monday morning. The company provided EPS guidance of $2.94-$3.04 for the period, compared to the Thomson Reuters consensus EPS estimate of $3.00.

Several research firms have issued reports on OGS. BidaskClub upgraded ONE Gas from a hold rating to a buy rating in a research note on Tuesday, August 1st. Morgan Stanley increased their price objective on ONE Gas from $68.00 to $72.00 and gave the stock an underperform rating in a research note on Thursday, August 10th. Zacks Investment Research lowered ONE Gas from a buy rating to a hold rating in a research note on Wednesday, July 12th. UBS AG lowered ONE Gas from a neutral rating to a sell rating and increased their price objective for the stock from $71.00 to $72.00 in a research note on Monday, October 2nd. Finally, Jefferies Group LLC reiterated a sell rating and set a $62.00 price objective on shares of ONE Gas in a research note on Sunday, September 10th. Three investment analysts have rated the stock with a sell rating, three have assigned a hold rating and one has assigned a strong buy rating to the stock. The stock has an average rating of Hold and an average price target of $67.50.

ONE Gas, Inc. (NYSE OGS) opened at 75.60 on Tuesday. The firm has a market capitalization of $3.95 billion, a price-to-earnings ratio of 26.34 and a beta of 0.10. ONE Gas, Inc. has a 1-year low of $56.64 and a 1-year high of $76.59. The firm’s 50-day moving average price is $74.78 and its 200 day moving average price is $72.27.

ONE Gas (NYSE:OGS) last released its earnings results on Monday, October 30th. The utilities provider reported $0.36 earnings per share for the quarter, beating analysts’ consensus estimates of $0.28 by $0.08. ONE Gas had a return on equity of 7.98% and a net margin of 10.12%. During the same quarter in the prior year, the business posted $0.24 earnings per share. On average, analysts predict that ONE Gas, Inc. will post $2.98 EPS for the current year.

ILLEGAL ACTIVITY NOTICE: “ONE Gas, Inc. (OGS) Issues FY17 Earnings Guidance” was first reported by TheOlympiaReport and is owned by of TheOlympiaReport. If you are reading this story on another domain, it was copied illegally and reposted in violation of US & international copyright & trademark law. The correct version of this story can be read at https://theolympiareport.com/2017/10/31/one-gas-inc-ogs-issues-fy17-earnings-guidance.html.

About ONE Gas

ONE Gas, Inc is a regulated natural gas distribution utility in the United States. The Company provides natural gas distribution services. The Company distributes natural gas in Oklahoma, Kansas and Texas. The Company serves residential, commercial and industrial, transportation and wholesale and public authority customers.

Earnings History and Estimates for ONE Gas (NYSE:OGS)

Receive News & Ratings for ONE Gas Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ONE Gas Inc. and related companies with Analyst Ratings Network's FREE daily email newsletter.