$0.15 Earnings Per Share Expected for Transportadora de Gas del Sur SA ADR (TGS) This Quarter

Equities research analysts forecast that Transportadora de Gas del Sur SA ADR (NYSE:TGS) will post $0.15 earnings per share (EPS) for the current fiscal quarter, Zacks Investment Research reports. Zero analysts have provided estimates for Transportadora de Gas del Sur’s earnings. Transportadora de Gas del Sur posted earnings of $0.19 per share in the same quarter last year, which indicates a negative year over year growth rate of 21.1%. The firm is scheduled to report its next quarterly earnings report on Tuesday, November 13th.

On average, analysts expect that Transportadora de Gas del Sur will report full-year earnings of $1.25 per share for the current financial year. For the next year, analysts anticipate that the company will report earnings of $1.75 per share. Zacks’ earnings per share calculations are a mean average based on a survey of analysts that cover Transportadora de Gas del Sur.

Transportadora de Gas del Sur (NYSE:TGS) last released its quarterly earnings results on Wednesday, August 8th. The energy company reported $0.30 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.29 by $0.01. Transportadora de Gas del Sur had a return on equity of 70.24% and a net margin of 23.69%. The company had revenue of $295.38 million during the quarter.

A number of equities analysts have recently weighed in on the company. Zacks Investment Research cut Transportadora de Gas del Sur from a “buy” rating to a “hold” rating in a report on Thursday, September 20th. ValuEngine raised Transportadora de Gas del Sur from a “strong sell” rating to a “sell” rating in a report on Tuesday, September 18th. TheStreet cut Transportadora de Gas del Sur from a “b” rating to a “c+” rating in a report on Tuesday, August 28th. Finally, Santander upgraded Transportadora de Gas del Sur from a “hold” rating to a “buy” rating in a research note on Wednesday, August 8th. One analyst has rated the stock with a sell rating, two have assigned a hold rating and one has issued a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus price target of $20.50.

NYSE TGS opened at $15.67 on Monday. Transportadora de Gas del Sur has a fifty-two week low of $10.72 and a fifty-two week high of $24.22. The firm has a market capitalization of $2.50 billion, a PE ratio of 14.64 and a beta of 1.18. The company has a quick ratio of 5.69, a current ratio of 5.83 and a debt-to-equity ratio of 2.03.

Institutional investors have recently added to or reduced their stakes in the stock. Stevens Capital Management LP acquired a new position in Transportadora de Gas del Sur in the second quarter valued at $126,000. Campbell & CO Investment Adviser LLC acquired a new position in Transportadora de Gas del Sur in the second quarter valued at $152,000. WINTON GROUP Ltd acquired a new position in Transportadora de Gas del Sur in the third quarter valued at $273,000. Yorktown Management & Research Co Inc increased its stake in Transportadora de Gas del Sur by 40.0% in the third quarter. Yorktown Management & Research Co Inc now owns 23,100 shares of the energy company’s stock valued at $335,000 after purchasing an additional 6,600 shares during the last quarter. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS acquired a new position in Transportadora de Gas del Sur in the second quarter valued at $335,000. Hedge funds and other institutional investors own 9.24% of the company’s stock.

About Transportadora de Gas del Sur

Transportadora de Gas del Sur SA provides natural gas transportation and distribution services in Argentina. The company operates through four segments: Natural Gas Transportation, Liquids Production and Commercialization, Other Services, and Telecommunications. The Natural Gas Transportation segment transports natural gas through 5,706 miles of pipeline system to distribution companies, power plants, and industrial customers.

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