ONE Gas (NYSE:OGS) issued an update on its FY18 earnings guidance on Monday morning. The company provided earnings per share guidance of $3.15-3.35 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $3.25. ONE Gas also updated its FY 2018 guidance to $3.15-3.35 EPS.
Shares of NYSE OGS traded up $0.94 during mid-day trading on Monday, reaching $81.23. 258,492 shares of the company’s stock were exchanged, compared to its average volume of 232,881. The stock has a market capitalization of $4.22 billion, a price-to-earnings ratio of 27.54, a PEG ratio of 4.33 and a beta of 0.17. ONE Gas has a 52 week low of $62.20 and a 52 week high of $85.22. The company has a debt-to-equity ratio of 0.44, a current ratio of 0.47 and a quick ratio of 0.36.
ONE Gas (NYSE:OGS) last released its earnings results on Monday, July 30th. The utilities provider reported $0.39 EPS for the quarter, topping the Zacks’ consensus estimate of $0.32 by $0.07. The company had revenue of $292.52 million for the quarter, compared to analysts’ expectations of $275.30 million. ONE Gas had a return on equity of 8.85% and a net margin of 10.80%. During the same period in the previous year, the business posted $0.39 EPS. Research analysts expect that ONE Gas will post 3.25 EPS for the current fiscal year.
In other news, Director Arcilia Acosta acquired 1,265 shares of the stock in a transaction that occurred on Thursday, August 30th. The shares were acquired at an average cost of $78.94 per share, for a total transaction of $99,859.10. Following the purchase, the director now owns 2,277 shares of the company’s stock, valued at approximately $179,746.38. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Insiders own 1.62% of the company’s stock.
ONE Gas Company Profile
ONE Gas, Inc operates as a regulated natural gas distribution utility company in the United States. The company operates through three divisions: Oklahoma Natural Gas, Kansas Gas Service, and Texas Gas Service. It serves residential, commercial, and industrial and transportation customers, as well as provides natural gas distribution services to wholesale and public authority customers.
Featured Story: Why do companies issue stock splits?
Receive News & Ratings for ONE Gas Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ONE Gas and related companies with MarketBeat.com's FREE daily email newsletter.