Transportadora de Gas del Sur (NYSE:TGS) Upgraded to “Strong-Buy” by StockNews.com

Transportadora de Gas del Sur (NYSE:TGSGet Free Report) was upgraded by equities research analysts at StockNews.com from a “buy” rating to a “strong-buy” rating in a report released on Wednesday.

Separately, TheStreet upgraded Transportadora de Gas del Sur from a “c” rating to a “b-” rating in a report on Tuesday, January 2nd.

Check Out Our Latest Stock Report on Transportadora de Gas del Sur

Transportadora de Gas del Sur Stock Up 1.3 %

TGS stock opened at $14.52 on Wednesday. Transportadora de Gas del Sur has a twelve month low of $8.71 and a twelve month high of $15.77. The company has a quick ratio of 3.49, a current ratio of 3.56 and a debt-to-equity ratio of 0.48. The stock’s 50 day moving average is $13.78 and its 200-day moving average is $12.86. The firm has a market capitalization of $2.19 billion, a PE ratio of 51.86 and a beta of 0.69.

Transportadora de Gas del Sur (NYSE:TGSGet Free Report) last released its earnings results on Monday, March 4th. The energy company reported ($0.38) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.02 by ($0.40). The firm had revenue of $249.63 million during the quarter, compared to analysts’ expectations of $227.09 million. Transportadora de Gas del Sur had a return on equity of 1.88% and a net margin of 4.16%. Sell-side analysts expect that Transportadora de Gas del Sur will post 0.99 EPS for the current fiscal year.

Institutional Investors Weigh In On Transportadora de Gas del Sur

A number of institutional investors and hedge funds have recently bought and sold shares of TGS. Harel Insurance Investments & Financial Services Ltd. bought a new stake in Transportadora de Gas del Sur during the third quarter valued at about $25,000. Point72 Asset Management L.P. bought a new stake in shares of Transportadora de Gas del Sur in the fourth quarter worth about $26,000. Tower Research Capital LLC TRC bought a new stake in shares of Transportadora de Gas del Sur in the first quarter worth about $27,000. Blue Trust Inc. bought a new stake in shares of Transportadora de Gas del Sur in the fourth quarter worth about $41,000. Finally, Goldman Sachs Group Inc. bought a new stake in shares of Transportadora de Gas del Sur in the second quarter worth about $66,000. 2.95% of the stock is owned by institutional investors.

About Transportadora de Gas del Sur

(Get Free Report)

Transportadora de Gas del Sur SA engages in transportation of natural gas, and production and commercialization of natural gas liquids in Argentina and internationally. The company operates through four segments: Natural Gas Transportation Services; Liquids Production and Commercialization; Other Services; and Telecommunications.

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