Based on the key indicators related to One Gas' liquidity, profitability, solvency, and operating efficiency, One Gas may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. At this time, One Gas' Deferred Long Term Liabilities is comparatively stable compared to the past year. Key indicators impacting One Gas' financial strength include:
The essential information of the day-to-day investment outlook for One Gas includes many different criteria found on its balance sheet. An individual investor should monitor One Gas' cash flow, debt, and profitability to accurately make informed decisions on whether to invest in One Gas.
Please note, the imprecision that can be found in One Gas' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of One Gas. Check One Gas' Beneish M Score to see the likelihood of One Gas' management manipulating its earnings.
One Gas Stock Summary
One Gas competes with Northwest Natural, Chesapeake Utilities, NewJersey Resources, RGC Resources, and Atmos Energy. ONE Gas, Inc., together with its subsidiaries, operates as a regulated natural gas distribution utility company in the United States. ONE Gas, Inc. was founded in 1906 and is headquartered in Tulsa, Oklahoma. One Gas operates under UtilitiesRegulated Gas classification in the United States and is traded on New York Stock Exchange. It employs 3600 people.
The reason investors look at the income statement is to determine what One Gas' earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
Comparative valuation techniques use various fundamental indicators to help in determining One Gas's current stock value. Our valuation model uses many indicators to compare One Gas value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across One Gas competition to find correlations between indicators driving One Gas's intrinsic value. More Info.
One Gas is rated below average in return on equity category among its peers. It also is rated below average in return on asset category among its peers reporting about 0.39 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for One Gas is roughly 2.55 . At this time, One Gas' Return On Equity is comparatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value One Gas by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.
One Gas Systematic Risk
One Gas' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. One Gas volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was fourty-five with a total number of output elements of sixteen. The Beta measures systematic risk based on how returns on One Gas correlated with the market. If Beta is less than 0 One Gas generally moves in the opposite direction as compared to the market. If One Gas Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one One Gas is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of One Gas is generally in the same direction as the market. If Beta > 1 One Gas moves generally in the same direction as, but more than the movement of the benchmark.
Today, most investors in One Gas Stock are looking for potential investment opportunities by analyzing not only static indicators but also various One Gas' growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of One Gas growth as a starting point in their analysis.
Along with financial statement analysis, the daily predictive indicators of One Gas help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of One Gas. We use our internally-developed statistical techniques to arrive at the intrinsic value of One Gas based on widely used predictive technical indicators. In general, we focus on analyzing One Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build One Gas's daily price indicators and compare them against related drivers.
When running One Gas' price analysis, check to measure One Gas' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy One Gas is operating at the current time. Most of One Gas' value examination focuses on studying past and present price action to predict the probability of One Gas' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move One Gas' price. Additionally, you may evaluate how the addition of One Gas to your portfolios can decrease your overall portfolio volatility.