Atlas Energy Solutions Inc. (AESI) stock: analyst predictions for current quarter EPS

After finishing at $21.84 in the prior trading day, Atlas Energy Solutions Inc. (NYSE: AESI) closed at $22.34, up 2.29%. In other words, the price has increased by $+0.50 from its previous closing price. On the day, 651088 shares were traded.

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Ratios:

Our goal is to gain a better understanding of AESI by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 3.81 and its Current Ratio is at 3.44. In the meantime, Its Debt-to-Equity ratio is 0.20 whereas as Long-Term Debt/Eq ratio is at 0.20.

On April 12, 2023, Johnson Rice started tracking the stock assigning a Buy rating and target price of $24.

On April 04, 2023, CapitalOne started tracking the stock assigning a Overweight rating and target price of $25.CapitalOne initiated its Overweight rating on April 04, 2023, with a $25 target price.

Insider Transactions:

The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Mar 18 ’24 when Ginn Kirk Edwards sold 1,562 shares for $21.73 per share. The transaction valued at 33,950 led to the insider holds 479,525 shares of the business.

Schmidt Richard W sold 166,710 shares of AESI for $3,657,951 on Mar 15 ’24. The Member of 10% Owner Group now owns 1,140,596 shares after completing the transaction at $21.94 per share. On Mar 15 ’24, another insider, Turner John Gregory, who serves as the President and CFO of the company, sold 3,728 shares for $22.58 each. As a result, the insider received 84,179 and left with 1,582,303 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, AESI now has a Market Capitalization of 1.29B and an Enterprise Value of 1.08B. As of this moment, Atlas’s Price-to-Earnings (P/E) ratio for their current fiscal year is 13.75, and their Forward P/E ratio for the next fiscal year is 5.65. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.10. Its current Enterprise Value per Revenue stands at 1.87 whereas that against EBITDA is 3.43.

Stock Price History:

The Beta on a monthly basis for AESI is 0.48, which has changed by 39.63% over the last 52 weeks, in comparison to a change of 32.31% over the same period for the S&P500. Over the past 52 weeks, AESI has reached a high of $24.56, while it has fallen to a 52-week low of $15.16. The 50-Day Moving Average of the stock is 18.40, while the 200-Day Moving Average is calculated to be 19.05.

Shares Statistics:

The stock has traded on average 806.58K shares per day over the past 3-months and 1.5M shares per day over the last 10 days, according to various share statistics. A total of 57.15M shares are outstanding, with a floating share count of 31.56M. Insiders hold about 45.37% of the company’s shares, while institutions hold 60.16% stake in the company. Shares short for AESI as of Feb 29, 2024 were 5.55M with a Short Ratio of 6.87, compared to 5.09M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 9.60% and a Short% of Float of 30.47%.

Dividends & Splits

In the trailing 12 months, AESI’s forward annual dividend rate was 0.55, compared to 0.46 this year. Against a Trailing Annual Dividend Yield of 2.52%, it implies a Forward Annual Dividend Yield of 3.76%.

Earnings Estimates

Its stock is currently analyzed by 9 different market analysts. On average, analysts expect EPS of $0.44 for the current quarter, with a high estimate of $0.75 and a low estimate of $0.31, while EPS last year was $0.03. The consensus estimate for the next quarter is $0.58, with high estimates of $0.82 and low estimates of $0.45.

Analysts are recommending an EPS of between $3.6 and $1.97 for the fiscal current year, implying an average EPS of $2.55. EPS for the following year is $3.93, with 8 analysts recommending between $4.97 and $3.28.

Revenue Estimates

7 analysts predict $203.91M in revenue for the current quarter. It ranges from a high estimate of $244.3M to a low estimate of $146.21M. As of the current estimate, Atlas Energy Solutions Inc.’s year-ago sales were $153.42M, an estimated increase of 32.90% from the year-ago figure. For the next quarter, 7 analysts are estimating revenue of $302.4M, an increase of 86.90% over than the figure of $32.90% in the same quarter last year. There is a high estimate of $343.63M for the next quarter, whereas the lowest estimate is $158.37M.

A total of 8 analysts have provided revenue estimates for AESI’s current fiscal year. The highest revenue estimate was $1.34B, while the lowest revenue estimate was $646.9M, resulting in an average revenue estimate of $1.19B. In the same quarter a year ago, actual revenue was $613.96M, up 93.40% from the average estimate. Based on 7 analysts’ estimates, the company’s revenue will be $1.49B in the next fiscal year. The high estimate is $1.59B and the low estimate is $1.29B. The average revenue growth estimate for next year is up 25.50% from the average revenue estimate for this year.

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