There’s a different equity story being told by sentiment: Atlas Energy Solutions Inc. (AESI).

The closing price of Atlas Energy Solutions Inc. (NYSE: AESI) was $21.41 for the day, up 1.37% from the previous closing price of $21.12. In other words, the price has increased by $+0.29 from its previous closing price. On the day, 937366 shares were traded.

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Ratios:

Our analysis of AESI’s different ratios will help us gain a deeper understanding of the company. 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.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Johnson Rice on April 12, 2023, initiated with a Buy rating and assigned the stock a target price of $24.

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

On April 03, 2023, RBC Capital Mkts started tracking the stock assigning a Outperform rating and target price of $25.RBC Capital Mkts initiated its Outperform rating on April 03, 2023, with a $25 target price.

Insider Transactions:

Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Mar 08 ’24 when Hock Stacy sold 50,000 shares for $19.97 per share. The transaction valued at 998,500 led to the insider holds 970,738 shares of the business.

Schmidt Richard W sold 351,000 shares of AESI for $5,991,570 on Nov 17 ’23. The Member of 10% Owner Group now owns 1,307,306 shares after completing the transaction at $17.07 per share. On Oct 18 ’23, another insider, Schmidt Richard W, who serves as the Member of 10% Owner Group of the company, sold 8,640 shares for $20.75 each. As a result, the insider received 179,280 and left with 1,658,306 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 1.24B and an Enterprise Value of 1.03B. As of this moment, Atlas’s Price-to-Earnings (P/E) ratio for their current fiscal year is 13.18, and their Forward P/E ratio for the next fiscal year is 5.34. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.01. Its current Enterprise Value per Revenue stands at 1.78 whereas that against EBITDA is 3.26.

Stock Price History:

Over the past 52 weeks, AESI has reached a high of $24.56, while it has fallen to a 52-week low of $14.81. The 50-Day Moving Average of the stock is 17.87, while the 200-Day Moving Average is calculated to be 18.91.

Shares Statistics:

AESI traded an average of 816.27K shares per day over the past three months and 1.09M shares per day over the past ten days. A total of 57.15M shares are outstanding, with a floating share count of 31.54M. Insiders hold about 45.40% 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 6.79, 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

With its trailing 12-month dividend rate of 0.55, AESI has a forward annual dividend rate of 0.46. Against a Trailing Annual Dividend Yield of 2.60%, it implies a Forward Annual Dividend Yield of 3.92%.

Earnings Estimates

The firm’s stock currently is rated by 8 analysts. On average, analysts expect EPS of $0.47 for the current quarter, with a high estimate of $0.75 and a low estimate of $0.35, while EPS last year was $0.03. The consensus estimate for the next quarter is $0.61, with high estimates of $0.82 and low estimates of $0.5.

Analysts are recommending an EPS of between $3.6 and $2.2 for the fiscal current year, implying an average EPS of $2.67. EPS for the following year is $4.08, with 7 analysts recommending between $4.97 and $3.72.

Revenue Estimates

It is expected that $90B in revenue will be generated in the current quarter, according to 6 analysts. 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 27.20% from the year-ago figure. For the next quarter, 6 analysts are estimating revenue of $270.58M, an increase of 67.20% over than the figure of $27.20% in the same quarter last year. There is a high estimate of $342M for the next quarter, whereas the lowest estimate is $158.37M.

A total of 7 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 $1.09B. In the same quarter a year ago, actual revenue was $613.96M, up 77.70% from the average estimate. Based on 6 analysts’ estimates, the company’s revenue will be $1.37B in the next fiscal year. The high estimate is $1.55B and the low estimate is $881.34M. The average revenue growth estimate for next year is up 25.30% from the average revenue estimate for this year.

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