ONE Gas Downgraded by Bank of America to Underperform
| OGS Stock | USD 78.44 0.57 0.73% |
Slightly above 54% of One Gas' investor base is interested to short. The analysis of overall sentiment of trading One Gas stock suggests that many investors are impartial at this time. One Gas' investing sentiment can be driven by a variety of factors including economic data, One Gas' earnings reports, geopolitical events, and overall market trends.
Bank of America lowered shares of ONE Gas from a neutral rating to an underperform rating in a report issued on Wednesday morning, MarketBeat Ratings reports. The firm currently has 60.00 target price on the utilities providers stock, down from their prior target price of 80.00. Several other brokerages have also
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One Gas Current Investor Sentiment
Comfort Level 46
Impartial
Panic | Confidence |
Today, several news technology companies offer sentiment data to assist traders in manufacturing news sentiment indicators for investment decisions. We partner with these technology firms in helping retail investors build forecasting models that use One Gas' input sentiment indicators derived from textual data and news published on major financial information outlets and social sites. These indicators can be used to analyze time-dependent numerical information representing public perception toward One Gas.
News SentimentBullish | Hype SentimentNeutral | Insider SentimentDisposing |
One Gas Investor Sentiment by Other News Outlets
Investor sentiment, mood or attitude towards One Gas can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
One Gas Historical Investor Sentiment
Investor biases related to One Gas' public news can be used to forecast risks associated with an investment in One. The trend in average sentiment can be used to explain how an investor holding One can time the market purely based on public headlines and social activities around One Gas. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
One Gas' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for One Gas and other traded tickers. The bigger the bubble, the more accurate the estimated score. Higher bars for a given day show more participation in the average One Gas news discussions. The higher the estimate score, the more favorable the investor's outlook on One Gas.
One Gas Fundamental Analysis
We analyze One Gas' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of One Gas using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of One Gas based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Book Value Per Share
Book Value Per Share Comparative Analysis
One Gas is currently under evaluation in book value per share category among its peers. Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total number of currently outstanding shares. It indicates the level of safety associated with each common share after removing the effects of liabilities. In other words, a shareholder can use this ratio to see how much he or she can sell the stake in the company in the event of a liquidation.
One Gas Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with One Gas stock to make a market-neutral strategy. Peer analysis of One Gas could also be used in its relative valuation, which is a method of valuing One Gas by comparing valuation metrics with similar companies.
Peers
One Gas Related Equities
| RGCO | RGC Resources | 2.84 | ||||
| NJR | NewJersey Resources | 1.25 | ||||
| ATO | Atmos Energy | 0.82 | ||||
| NWN | Northwest Natural | 0.61 | ||||
| CPK | Chesapeake Utilities | 0.56 |
Additional Tools for One Stock Analysis
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.