Trade-Ideas LLC identified

ONE Gas

(

OGS

) as a new lifetime high candidate. In addition to specific proprietary factors, Trade-Ideas identified ONE Gas as such a stock due to the following factors:

  • OGS has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $24.9 million.
  • OGS has traded 7,825 shares today.
  • OGS is trading at a new lifetime high.

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More details on OGS:

ONE Gas, Inc. operates as a regulated natural gas distribution utility company in the United States. The company operates through Oklahoma Natural Gas, Kansas Gas Service, and Texas Gas Service divisions. The stock currently has a dividend yield of 2.7%. OGS has a PE ratio of 24. Currently there are no analysts that rate ONE Gas a buy, no analysts rate it a sell, and 7 rate it a hold.

TST Recommends

The average volume for ONE Gas has been 258,400 shares per day over the past 30 days. ONE Gas has a market cap of $2.7 billion and is part of the utilities sector and utilities industry. Shares are up 4.2% year-to-date as of the close of trading on Monday.

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TheStreetRatings.com

Analysis:

TheStreet Quant Ratings

rates ONE Gas as a

sell

. Among the areas we feel are negative, one of the most important has been poor profit margins.

Highlights from the ratings report include:

  • The gross profit margin for ONE GAS INC is currently lower than what is desirable, coming in at 26.15%. Regardless of OGS's low profit margin, it has managed to increase from the same period last year.
  • The return on equity has improved slightly when compared to the same quarter one year prior. This can be construed as a modest strength in the organization. When compared to other companies in the Gas Utilities industry and the overall market, ONE GAS INC's return on equity is below that of both the industry average and the S&P 500.
  • Regardless of the drop in revenue, the company managed to outperform against the industry average of 10.4%. Since the same quarter one year prior, revenues slightly dropped by 6.7%. The declining revenue has not hurt the company's bottom line, with increasing earnings per share.
  • The debt-to-equity ratio is somewhat low, currently at 0.66, and is less than that of the industry average, implying that there has been a relatively successful effort in the management of debt levels. Despite the fact that OGS's debt-to-equity ratio is low, the quick ratio, which is currently 0.67, displays a potential problem in covering short-term cash needs.

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