An Evaluation Of Atlas Energy Solutions Inc. (NYSE: AESI) Prospects

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. Earlier, Yahoo Finance discussed this stock as it revealed Atlas Energy Solutions Inc. Completes Previously Announced Acquisition of Hi-Crush Inc. And Announces Promotion of John Turner to CEO.

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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 $1.28B. A total of 1.08 million shares were traded on the day, compared to an average of 800.95K shares.

In the most recent transaction, Ginn Kirk Edwards sold 1,562 shares of AESI for 21.73 per share on Mar 18 ’24. After the transaction, the Member of 10% Owner Group now owns 479,525 company shares. In a previous transaction on Mar 15 ’24, Schmidt Richard W sold 166,710 shares at 21.94 per share. AESI shares that Member of 10% Owner Group owns now total 1,140,596.

Among the insiders who sold shares, Turner John Gregory disposed of 3,728 shares on Mar 15 ’24 at a per-share price of $22.58. This resulted in the President and CFO holding 1,582,303 shares of AESI after the transaction. In another insider transaction, Voelter Dathan C sold 2,270 shares at $22.41 per share on Mar 15 ’24. Company shares held by the General Counsel and Secretary now total 386,601.

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 $0.46, resulting in a dividend yield of 2.07%, and it has a price to earnings (P/E) ratio of 13.66. 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. In terms of 52-week highs and lows, AESI has a high of $24.56 and a low of $15.16.

As of this writing, AESI has an earnings estimate of $0.44 per share for the current quarter. EPS was calculated based on a consensus of 9 estimates, with a high estimate of $0.75 per share and a lower estimate of $0.31. The company reported an EPS of $0.51 in the last quarter, which was -22.70% lower 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.

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