Zacks Research Has Weak Forecast for ONE Gas FY2026 Earnings

ONE Gas, Inc. (NYSE:OGS) – Research analysts at Zacks Research reduced their FY2026 earnings estimates for shares of ONE Gas in a research note issued to investors on Monday, April 21st. Zacks Research analyst R. Department now expects that the utilities provider will earn $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) last announced its earnings results on Wednesday, February 19th. The utilities provider reported $1.34 EPS for the quarter, meeting analysts’ consensus estimates of $1.34. ONE Gas had a net margin of 10.70% and a return on equity of 7.70%. The business had revenue of $630.70 million during the quarter, compared to analysts’ expectations of $973.58 million.

Several other research firms have also recently issued reports on OGS. LADENBURG THALM/SH SH upgraded ONE Gas to a “hold” rating in a research report on Monday, March 17th. StockNews.com upgraded ONE Gas from a “sell” rating to a “hold” rating in a research report on Wednesday, March 12th. Jefferies Financial Group upgraded shares of ONE Gas from a “hold” rating to a “buy” rating and boosted their target price for the stock from $76.00 to $84.00 in a research report on Monday, April 7th. Finally, Morgan Stanley increased their price target on shares of ONE Gas from $68.00 to $70.00 and gave the company an “equal weight” rating in a report on Thursday, March 20th. Five investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. According to MarketBeat, ONE Gas currently has a consensus rating of “Hold” and an average target price of $75.21.

ONE Gas Trading Down 0.2 %

NYSE:OGS opened at $78.47 on Thursday. ONE Gas has a 12-month low of $58.31 and a 12-month high of $79.24. The company has a current ratio of 0.64, a quick ratio of 0.37 and a debt-to-equity ratio of 0.77. The stock’s 50 day simple moving average is $74.58 and its 200-day simple moving average is $72.89. The firm has a market cap of $4.70 billion, a P/E ratio of 20.07, a PEG ratio of 3.64 and a beta of 0.74.

Hedge Funds Weigh In On ONE Gas

Institutional investors and hedge funds have recently modified their holdings of the company. Coppell Advisory Solutions LLC acquired a new position in ONE Gas in the 4th quarter valued at $26,000. UMB Bank n.a. increased its stake in ONE Gas by 3,620.0% in the fourth quarter. UMB Bank n.a. now owns 372 shares of the utilities provider’s stock valued at $26,000 after purchasing an additional 362 shares during the last quarter. Crews Bank & Trust purchased a new position in ONE Gas during the fourth quarter worth about $35,000. Wilmington Savings Fund Society FSB acquired a new stake in ONE Gas in the 3rd quarter worth about $45,000. Finally, Point72 Asia Singapore Pte. Ltd. purchased a new stake in ONE Gas in the 4th quarter valued at about $50,000. Hedge funds and other institutional investors own 88.71% of the company’s stock.

ONE Gas Company Profile

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.