Transportadora De Gas Sa Ord B (NYSE:TGS) Given Consensus Rating of “Moderate Buy” by Brokerages

Shares of Transportadora De Gas Sa Ord B (NYSE:TGS) have earned a consensus rating of “Moderate Buy” from the five research firms that are covering the stock, MarketBeat Ratings reports. Two investment analysts have rated the stock with a hold recommendation and three have assigned a buy recommendation to the company. The average twelve-month price objective among analysts that have issued ratings on the stock in the last year is $39.50.

A number of research analysts recently issued reports on TGS shares. Zacks Research cut Transportadora De Gas Sa Ord B from a “strong-buy” rating to a “hold” rating in a report on Monday, January 26th. Wall Street Zen cut Transportadora De Gas Sa Ord B from a “buy” rating to a “hold” rating in a report on Sunday, March 15th.

Transportadora De Gas Sa Ord B Stock Performance

Transportadora De Gas Sa Ord B stock opened at $29.26 on Monday. The stock has a 50-day simple moving average of $31.68 and a 200 day simple moving average of $30.45. The company has a quick ratio of 4.98, a current ratio of 5.00 and a debt-to-equity ratio of 0.47. Transportadora De Gas Sa Ord B has a 12-month low of $19.74 and a 12-month high of $36.35. The stock has a market capitalization of $4.41 billion, a price-to-earnings ratio of 13.94, a P/E/G ratio of 1.09 and a beta of 0.63.

Transportadora De Gas Sa Ord B (NYSE:TGS) last released its quarterly earnings results on Saturday, February 14th. The energy company reported $0.57 earnings per share (EPS) for the quarter. Transportadora De Gas Sa Ord B had a return on equity of 13.68% and a net margin of 24.28%.The business had revenue of $326.20 million during the quarter. On average, research analysts anticipate that Transportadora De Gas Sa Ord B will post 2.6 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the business. Fifth Third Bancorp raised its holdings in shares of Transportadora De Gas Sa Ord B by 116.0% in the first quarter. Fifth Third Bancorp now owns 1,657 shares of the energy company’s stock valued at $57,000 after buying an additional 890 shares during the last quarter. Van ECK Associates Corp raised its holdings in shares of Transportadora De Gas Sa Ord B by 536.6% in the fourth quarter. Van ECK Associates Corp now owns 4,348 shares of the energy company’s stock valued at $135,000 after buying an additional 3,665 shares during the last quarter. Janney Montgomery Scott LLC bought a new position in shares of Transportadora De Gas Sa Ord B in the first quarter valued at about $210,000. Uniplan Investment Counsel Inc. bought a new position in shares of Transportadora De Gas Sa Ord B in the fourth quarter valued at about $205,000. Finally, Vident Advisory LLC bought a new stake in Transportadora De Gas Sa Ord B during the 4th quarter worth about $234,000. 3.29% of the stock is owned by institutional investors.

Transportadora De Gas Sa Ord B Company Profile

Transportadora de Gas del Sur SA (NYSE:TGS) is an Argentina‐based midstream energy company principally engaged in the transportation, storage and processing of natural gas. Established in 1992 following the privatization of the state‐owned gas utility, TGS operates one of the country’s largest pipeline networks, carrying gas from production basins in the Neuquén and Golfo San Jorge regions to major consumption markets in Buenos Aires and beyond. The company’s infrastructure supports both domestic supply and export volumes bound for neighboring countries.

In addition to its core pipeline business, TGS maintains a significant gas processing division that extracts natural gas liquids (NGL) and produces liquefied petroleum gas (LPG) and other by‐products.