Morgan Stanley (NYSE:MS) analyst Stephen Byrd maintained a Sell rating on ONE Gas (NYSE:OGS) on Tuesday, setting a price target of $74, which is approximately 7.51% below the present share price of $80.01.
Byrd expects ONE Gas to post earnings per share (EPS) of $0.40 for the fourth quarter of 2020.
The current consensus among 3 TipRanks analysts is for a Moderate Buy rating of shares in ONE Gas, with an average price target of $77.33.
The analysts price targets range from a high of $81 to a low of $74.
In its latest earnings report, released on 09/30/2020, the company reported a quarterly revenue of $244.64 million and a net profit of $40.68 million. The company's market cap is $4.25 billion.
According to TipRanks.com, Morgan Stanley analyst Stephen Byrd is currently ranked with 4 stars on a 0-5 stars ranking scale, with an average return of 6.0% and a 57.51% success rate.
ONE Gas, Inc. engages in the provision of natural gas distribution services. It also offers natural gas to residential, commercial, industrial, and transportation customers. The company was founded in 1906 and is headquartered in Tulsa, OK.