Morgan Stanley Maintains Underweight on ONE Gas, Lowers Price Target to $71
Morgan Stanley analyst Stephen Byrd maintains ONE Gas (NYSE:OGS) with a Underweight and lowers the price target from $72 to $71.
Return on Capital Employed Overview: ONE Gas
After pulling data from Benzinga Pro it seems like during Q2, ONE Gas (NYSE:OGS) earned $51.10 million, a 60.79% increase from the preceding quarter. ONE Gas's sales decreased to $315.65 million, a 49.52% change since Q1.
ONE Gas: Q2 Earnings Insights
Shares of ONE Gas (NYSE:OGS) moved lower in after-market trading after the company reported Q2 results.
Quarterly Results
Earnings per share rose 16.67% year over year to $0.56, which beat the estimate of $0.51.
Earnings Scheduled For August 2, 2021
Companies Reporting Before The Bell
• HSBC Holdings (NYSE:HSBC) is estimated to report earnings for its second quarter.
Morgan Stanley Maintains Underweight on ONE Gas, Lowers Price Target to $72
Morgan Stanley analyst Stephen Byrd maintains ONE Gas (NYSE:OGS) with a Underweight and lowers the price target from $77 to $72.
Analyzing ONE Gas’s Ex-Dividend Date
On May 3, 2021, ONE Gas (NYSE:OGS) announced shareholders can expect to receive a dividend payable on June 1, 2021. The stock will then go ex-dividend 1 business day(s) before the record date. The ex-dividend date for ONE Gas will be on May 14, 2021. The company's current dividend payout is at $0.58.
Earnings Scheduled For May 3, 2021
Companies Reporting Before The Bell
• Scienjoy Holding (NASDAQ:SJ) is estimated to report quarterly earnings at $0.58 per share on revenue of $540.11 million.
Morgan Stanley Maintains Underweight on ONE Gas, Raises Price Target to $77
Morgan Stanley maintains ONE Gas (NYSE:OGS) with a Underweight and raises the price target from $76 to $77.