ONE Gas (NYSE:OGS) Stock Price Expected to Rise, Scotiabank Analyst Says

ONE Gas (NYSE:OGS) had its target price upped by equities research analysts at Scotiabank from $86.00 to $87.00 in a report released on Wednesday, Benzinga reports. The brokerage currently has a “sector outperform” rating on the utilities provider’s stock. Scotiabank‘s target price indicates a potential upside of 5.89% from the stock’s previous close.

A number of other equities analysts have also recently weighed in on the stock. Wells Fargo & Company increased their price objective on shares of ONE Gas from $85.00 to $86.00 and gave the stock an “equal weight” rating in a research report on Wednesday. Jefferies Financial Group lowered ONE Gas from a “buy” rating to a “hold” rating and cut their target price for the company from $103.00 to $80.00 in a research report on Wednesday, October 7th. LADENBURG THALM/SH SH raised ONE Gas from a “neutral” rating to a “buy” rating and set a $85.50 target price on the stock in a research report on Thursday, August 13th. BTIG Research restated a “buy” rating and set a $95.00 price target on shares of ONE Gas in a research note on Wednesday. Finally, Weiss Ratings upgraded ONE Gas from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Friday, October 23rd. Seven analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $87.12.

ONE Gas Trading Up 1.4%

OGS stock traded up $1.13 during mid-day trading on Wednesday, hitting $82.16. 851,171 shares of the company were exchanged, compared to its average volume of 559,887. The company has a quick ratio of 0.37, a current ratio of 0.48 and a debt-to-equity ratio of 0.66. The firm has a market capitalization of $5.16 billion, a P/E ratio of 17.52, a PEG ratio of 2.11 and a beta of 0.62. The business has a fifty day simple moving average of $76.23 and a 200-day simple moving average of $80.84. ONE Gas has a 12-month low of $70.37 and a 12-month high of $90.78.

ONE Gas (NYSE:OGS) last announced its quarterly earnings results on Monday, November 2nd. The utilities provider reported $0.53 earnings per share for the quarter, beating analysts’ consensus estimates of $0.48 by $0.05. The business had revenue of $391.31 million during the quarter, compared to analysts’ expectations of $398.23 million. ONE Gas had a net margin of 12.61% and a return on equity of 8.81%. The business’s revenue for the quarter was up 3.2% on a year-over-year basis. During the same period last year, the business earned $0.44 earnings per share. On average, equities research analysts predict that ONE Gas will post 4.91 earnings per share for the current fiscal year.

Institutional Trading of ONE Gas

Several hedge funds have recently modified their holdings of the stock. Bessemer Group Inc. grew its stake in ONE Gas by 61.0% during the 1st quarter. Bessemer Group Inc. now owns 549 shares of the utilities provider’s stock worth $47,000 after purchasing an additional 208 shares in the last quarter. State of Wyoming purchased a new stake in ONE Gas during the 2nd quarter worth about $60,000. Versant Capital Management Inc raised its position in ONE Gas by 219.3% in the 2nd quarter. Versant Capital Management Inc now owns 878 shares of the utilities provider’s stock valued at $68,000 after purchasing an additional 603 shares in the last quarter. Northwestern Mutual Wealth Management Co. acquired a new stake in ONE Gas in the 2nd quarter valued at about $77,000. Finally, Public Employees Retirement System of Ohio acquired a new stake in ONE Gas in the 2nd quarter valued at about $89,000. 88.71% of the stock is currently owned by institutional investors and hedge funds.

ONE Gas News Roundup

Here are the key news stories impacting ONE Gas this week:

• Positive Sentiment: ONE Gas reported third-quarter adjusted EPS of $0.53, beating the $0.48 consensus and improving on $0.44 a year earlier. Revenue grew 3.2% year over year, while the company raised its 2026 EPS guidance to $4.95–$5.01, above its prior range and the $4.91 consensus. ONE Gas third-quarter results and guidance
• Positive Sentiment: BTIG raised its price target on OGS to $95, a potentially supportive analyst signal. BTIG price target update
• Positive Sentiment: Shares crossed above their 200-day moving average, a technical signal that some investors may view favorably. Shares cross above 200-day moving average
• Neutral Sentiment: The company declared a quarterly dividend of $0.68 per share, equivalent to $2.72 annually and a stated yield of 3.4%. The dividend supports income-focused investors but was not reported as an increase. ONE Gas dividend announcement
• Negative Sentiment: Third-quarter revenue of $391.3 million fell short of analyst expectations of about $398.2 million, tempering the earnings and guidance news. Revenue versus estimates

ONE Gas Company Profile