Why Is ONE Gas (OGS) Down 6.9% Since Last Earnings Report?

Core Viewpoint - ONE Gas shares have declined approximately 6.9% since the last earnings report, underperforming the S&P 500, raising questions about the potential for a breakout or continued negative trend leading up to the next earnings release [1] Estimates Movement - Estimates for ONE Gas have trended downward over the past month, indicating a negative shift in expectations [2] VGM Scores - ONE Gas currently holds an average Growth Score of C, a Momentum Score of C, and a Value Score of C, placing it in the middle 20% for investment strategies, resulting in an aggregate VGM Score of C [3] Outlook - The downward trend in estimates suggests a negative outlook for the stock, with a Zacks Rank of 3 (Hold), indicating expectations for an in-line return in the coming months [4]