Stocks of Transportadora de Gas del Sur S.A. (NYSE:TGS) traded higher last session on Wall Street, down -7.57% to $8.42.
According to the data, Transportadora de Gas del Sur S.A. (NYSE:TGS) has 3 analysts covering its stock. The consensus rating among analysts is ‘Hold’. As we calculate the median target price by taking the range between a high of $37.26 and a low of $6.50, we find $8.30. Given the previous closing price of $9.11, this indicates a potential downside of -8.89 percent. TGS stock price is now -24.57% away from the 50-day moving average and 1.81% away from the 200-day moving average. The market capitalization of the company currently stands at $1.30B.
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A total of 1 analysts have issued a hold rating and 1 have given it a buy rating. Brokers who have rated the stock have averaged $17.35 as their price target over the next twelve months.
, while the Morgan Stanley previously rated the stock as ‘Underweight’ on August 13, 2019.
A total of 51.00% of the company’s stock is owned by insiders.
There have been several recent changes in the stakes of large investors in TGS stock. A new stake in Transportadora de Gas del Sur S.A. shares was purchased by QUADRATURE CAPITAL LTD during the first quarter worth $260,000. HSBC HOLDINGS PLC invested $191,000 in shares of TGS during the first quarter. In the first quarter, BANCO BTG PACTUAL S.A. acquired a new stake in Transportadora de Gas del Sur S.A. valued at approximately $123,000. VIRTU FINANCIAL LLC acquired a new stake in TGS for approximately $100,000. BELVEDERE TRADING LLC purchased a new stake in TGS valued at around $85,000 in the second quarter. In total, there are 38 active investors with 2.30% ownership of the company’s stock.
Wednesday’s opening bell rang with an opening price of $8.99 for Transportadora de Gas del Sur S.A. (NYSE: TGS). During the past 12 months, Transportadora de Gas del Sur S.A. has had a low of $4.58 and a high of $12.78. As of last week, the company has a debt-to-equity ratio of 0.35, a current ratio of 3.30, and a quick ratio of 3.10. The fifty day moving average price for TGS is $11.10 and a two-hundred day moving average price translates $8.28 for the stock.
The latest earnings results from Transportadora de Gas del Sur S.A. (NYSE: TGS) was released for Sep, 2022. According to the Oil & Gas Integrated Company, earnings per share came in at $0.45, beating analysts’ expectations of $0.24 by 0.21. This compares to $0.30 EPS in the same period last year. The net profit margin was 23.70% and return on equity was 17.40% for TGS. The company reported revenue of $232.14 million for the quarter, compared to $185.02 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 25.47 percent.
Moreover, the firm recently paid out its quarterly dividend on 11/20/2019. Investors who held shares on 11/12/2019 were paid a $0.026142525 dividend.
Transportadora de Gas del Sur S.A.(TGS) Company Profile
Transportadora de Gas del Sur S.A. engages in transportation of natural gas, production, and commercialization of natural gas liquids in Argentina. The company operates through four segments: Natural Gas Transportation Services; Liquids Production and Commercialization; Other Services; and Telecommunications. The Natural Gas Transportation segment transports natural gas through 5,769 miles of pipeline system to distribution companies, power plants, and industrial customers. It also provides operation and maintenance services for the natural gas transportation facilities. The company’s Liquids Production and Commercialization segment produces and commercializes natural gas liquids, such as ethane, liquid petroleum gas, natural gasoline, propane, and butane in Argentina and internationally. Its Other Services segment offers midstream services, including natural gas treatment, separation, and removal of impurities from the natural gas stream, as well as natural gas compression. It also provides services related to pipeline and compression plant construction, operation, and maintenance; and generates steam for electricity production. The Telecommunications segment provides telecommunication services with a network that includes a microwave digital network with synchronous digital hierarchy technology and a dark fiber optic network. As of December 31, 2021, it served 6.2 million residential, commercial, industrial, and electric power generation end users. The company was founded in 1992 and is headquartered in Buenos Aires, Argentina. Transportadora de Gas del Sur S.A. is a subsidiary of Compañía de Inversiones de Energía S.A.
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