Wall Street analysts predict that Transportadora de Gas del Sur SA (NYSE:TGS) will post earnings per share of $0.55 for the current quarter, Zacks reports. Zero analysts have provided estimates for Transportadora de Gas del Sur’s earnings. Transportadora de Gas del Sur reported earnings per share of $0.26 during the same quarter last year, which suggests a positive year-over-year growth rate of 111.5%. The firm is expected to report its next earnings report on Monday, August 6th.

According to Zacks, analysts expect that Transportadora de Gas del Sur will report full year earnings of $2.25 per share for the current fiscal year. For the next financial year, analysts forecast that the business will report earnings of $2.28 per share. Zacks’ EPS calculations are a mean average based on a survey of sell-side analysts that follow Transportadora de Gas del Sur.

Transportadora de Gas del Sur (NYSE:TGS) last posted its quarterly earnings data on Wednesday, May 9th. The energy company reported $0.56 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.55 by $0.01. The firm had revenue of $251.89 million during the quarter. Transportadora de Gas del Sur had a return on equity of 72.93% and a net margin of 25.94%.

A number of research firms have recently weighed in on TGS. Zacks Investment Research cut Transportadora de Gas del Sur from a “hold” rating to a “sell” rating in a research report on Wednesday, April 25th. Santander cut Transportadora de Gas del Sur from a “hold” rating to an “underperform” rating in a research report on Wednesday, February 21st. ValuEngine cut Transportadora de Gas del Sur from a “hold” rating to a “sell” rating in a research report on Saturday. Finally, Morgan Stanley cut Transportadora de Gas del Sur from an “overweight” rating to an “equal weight” rating and set a $25.00 price target for the company. in a research report on Tuesday, March 13th. Three analysts have rated the stock with a sell rating and two have issued a hold rating to the stock. Transportadora de Gas del Sur currently has an average rating of “Sell” and an average price target of $26.00.

Institutional investors and hedge funds have recently modified their holdings of the business. Eaton Vance Management acquired a new stake in Transportadora de Gas del Sur during the 4th quarter worth about $553,000. Wells Fargo & Company MN lifted its position in Transportadora de Gas del Sur by 30.4% during the 4th quarter. Wells Fargo & Company MN now owns 636,456 shares of the energy company’s stock worth $14,149,000 after acquiring an additional 148,412 shares during the period. Driehaus Capital Management LLC acquired a new stake in Transportadora de Gas del Sur during the 4th quarter worth about $333,000. Virtu Financial LLC acquired a new stake in Transportadora de Gas del Sur during the 4th quarter worth about $881,000. Finally, Freestone Capital Holdings LLC lifted its position in Transportadora de Gas del Sur by 56.5% during the 1st quarter. Freestone Capital Holdings LLC now owns 177,803 shares of the energy company’s stock worth $3,617,000 after acquiring an additional 64,160 shares during the period. 9.21% of the stock is owned by institutional investors.

Shares of Transportadora de Gas del Sur traded down $0.21, reaching $14.67, during trading on Wednesday, Marketbeat reports. The company’s stock had a trading volume of 127,759 shares, compared to its average volume of 227,418. The company has a debt-to-equity ratio of 0.48, a current ratio of 1.71 and a quick ratio of 1.68. The stock has a market capitalization of $2.28 billion, a price-to-earnings ratio of 13.80 and a beta of 1.17. Transportadora de Gas del Sur has a 1-year low of $13.83 and a 1-year high of $24.22.

About Transportadora de Gas del Sur

Transportadora de Gas del Sur SA provides natural gas transportation and distribution services in Argentina. The company operates through four segments: Natural Gas Transportation, Liquids Production and Commercialization, Other Services, and Telecommunications. The Natural Gas Transportation segment transports natural gas through 5,706 miles of pipeline system to distribution companies, power plants, and industrial customers.

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