Is Atlas Energy Solutions Inc. (NYSE: AESI) No Longer A Good Investment?

After Hours

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. Most recently, Yahoo Finance reported about the stock as it publicized that Atlas Energy Solutions Appoints Mike Howard to its Board of Directors.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Stocks Info

AESI belongs to the Energy sector of the NYSE while operating in the Oil & Gas Equipment & Services industry. The current market capitalization of Atlas Energy Solutions Inc. is $1.06B. A total of 0.76 million shares were traded on the day, compared to an average of 725.32K shares.

In the most recent transaction, Schmidt Richard W sold 351,000 shares of AESI for 17.07 per share on Nov 17. After the transaction, the Member of 10% Owner Group now owns 1,307,306 company shares. In a previous transaction on Oct 18, Schmidt Richard W sold 8,640 shares at 20.75 per share. AESI shares that Member of 10% Owner Group owns now total 1,658,306.

Among the insiders who sold shares, Schmidt Richard W disposed of 36,633 shares on Oct 17 at a per-share price of $20.48. This resulted in the Member of 10% Owner Group holding 1,666,946 shares of AESI after the transaction. In another insider transaction, Schmidt Richard W sold 16,708 shares at $20.42 per share on Oct 16. Company shares held by the Member of 10% Owner Group now total 1,703,579.

Dividend

Paying dividends generates immediate cash flow for investors and indicates a positive outlook for the company. Atlas Energy Solutions Inc. pays an annual dividend of $0.56, resulting in a dividend yield of 3.06%, and it has a price to earnings (P/E) ratio of 11.28. AESI’s most recent ex-dividend date was 2/21/2024 when it declared a $0.21 quarterly dividend that was paid in cash on 2/29/2024. Previously, the company paid the dividend on 11/16/2023 with an ex-dividend date of 11/8/2023. The AESI stock dividend was $0.20 per share in cash.

While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. According to analysts who have offered 12-month price targets for AESI in the last 3 months, the mean price target is $23.60 with high estimates of $28.00 and low estimates of $20.00. In terms of 52-week highs and lows, AESI has a high of $24.62 and a low of $14.85.

As of this writing, AESI has an earnings estimate of $0.56 per share for the current quarter. EPS was calculated based on a consensus of 8 estimates, with a high estimate of $0.86 per share and a lower estimate of $0.45. The company reported an EPS of $0.67 in the last quarter, which was 1.50% higher than expectations of $0.66.

Balance Sheet Annually/Quarterly

An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information. AESI’s latest balance sheet shows that the firm has $40.40M in Cash & Short Term Investments as of fiscal 2021. There were $175.28M in debt and $40.64M in liabilities at the time. Its Book Value Per Share was -$0.76, while its Total Shareholder’s Equity was $338.70M.

Analysts Opinion

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for AESI is Buy with a score of 4.90.

Most Popular

Related Posts