Capital One Financial Estimates AESI Q4 Earnings

Atlas Energy Solutions Inc. (NYSE:AESI - Free Report) - Equities researchers at Capital One Financial issued their Q4 2024 earnings per share estimates for shares of Atlas Energy Solutions in a research report issued on Monday, November 25th. Capital One Financial analyst D. Becker forecasts that the company will earn $0.14 per share for the quarter. The consensus estimate for Atlas Energy Solutions' current full-year earnings is $0.80 per share. Capital One Financial also issued estimates for Atlas Energy Solutions' Q1 2025 earnings at $0.25 EPS, Q2 2025 earnings at $0.39 EPS, Q3 2025 earnings at $0.42 EPS, Q4 2025 earnings at $0.39 EPS and FY2025 earnings at $1.45 EPS.

Several other equities analysts have also issued reports on AESI. The Goldman Sachs Group lowered Atlas Energy Solutions from a "buy" rating to a "neutral" rating and decreased their target price for the stock from $23.00 to $21.00 in a research note on Thursday, November 7th. Barclays cut shares of Atlas Energy Solutions from an "overweight" rating to an "equal weight" rating and dropped their price objective for the company from $23.00 to $19.00 in a report on Tuesday, November 12th. Stephens reiterated an "overweight" rating and set a $28.00 target price on shares of Atlas Energy Solutions in a report on Tuesday, August 6th. Royal Bank of Canada restated an "outperform" rating and issued a $25.00 price target on shares of Atlas Energy Solutions in a research note on Wednesday, October 30th. Finally, Pickering Energy Partners lowered Atlas Energy Solutions from an "outperform" rating to a "neutral" rating in a research report on Wednesday, October 30th. Four analysts have rated the stock with a hold rating, six have given a buy rating and two have issued a strong buy rating to the company. According to MarketBeat, Atlas Energy Solutions presently has an average rating of "Moderate Buy" and an average price target of $24.44.

Atlas Energy Solutions Trading Down 0.6 %

NYSE:AESI traded down $0.13 during trading hours on Wednesday, reaching $23.42. 912,327 shares of the stock were exchanged, compared to its average volume of 960,718. Atlas Energy Solutions has a twelve month low of $15.55 and a twelve month high of $24.93. The business has a 50-day moving average of $21.18 and a two-hundred day moving average of $21.04. The company has a market capitalization of $2.58 billion, a price-to-earnings ratio of 29.65, a PEG ratio of 13.12 and a beta of 0.69. The company has a quick ratio of 1.08, a current ratio of 1.23 and a debt-to-equity ratio of 0.42.

Atlas Energy Solutions (NYSE:AESI - Get Free Report) last released its quarterly earnings results on Monday, October 28th. The company reported $0.04 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.29 by ($0.25). The company had revenue of $304.40 million during the quarter, compared to analysts' expectations of $307.93 million. Atlas Energy Solutions had a net margin of 8.78% and a return on equity of 11.01%. Atlas Energy Solutions's revenue was up 93.1% on a year-over-year basis. During the same period last year, the firm posted $0.51 earnings per share.

Institutional Trading of Atlas Energy Solutions

Several institutional investors and hedge funds have recently made changes to their positions in the company. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its position in Atlas Energy Solutions by 1.6% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 44,931 shares of the company's stock valued at $979,000 after purchasing an additional 711 shares during the last quarter. Beck Capital Management LLC raised its holdings in shares of Atlas Energy Solutions by 0.6% in the second quarter. Beck Capital Management LLC now owns 130,588 shares of the company's stock valued at $2,603,000 after buying an additional 749 shares during the last quarter. CWM LLC raised its holdings in shares of Atlas Energy Solutions by 47.1% in the third quarter. CWM LLC now owns 2,766 shares of the company's stock valued at $60,000 after buying an additional 886 shares during the last quarter. Cetera Investment Advisers boosted its stake in shares of Atlas Energy Solutions by 1.0% during the second quarter. Cetera Investment Advisers now owns 88,654 shares of the company's stock worth $1,767,000 after buying an additional 897 shares during the period. Finally, First Horizon Advisors Inc. raised its stake in Atlas Energy Solutions by 313.7% during the 2nd quarter. First Horizon Advisors Inc. now owns 1,725 shares of the company's stock valued at $34,000 after acquiring an additional 1,308 shares during the last quarter. 34.59% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Atlas Energy Solutions

In related news, major shareholder Stacy Hock sold 8,571 shares of the stock in a transaction on Thursday, October 3rd. The shares were sold at an average price of $21.49, for a total value of $184,190.79. Following the transaction, the insider now directly owns 934,746 shares of the company's stock, valued at $20,087,691.54. This trade represents a 0.91 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, major shareholder Gregory M. Shepard purchased 1,797 shares of the business's stock in a transaction that occurred on Friday, October 18th. The shares were bought at an average price of $19.65 per share, for a total transaction of $35,311.05. Following the completion of the purchase, the insider now directly owns 7,507,194 shares in the company, valued at $147,516,362.10. This represents a 0.02 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Over the last ninety days, insiders have acquired 60,869 shares of company stock worth $1,187,983 and have sold 115,713 shares worth $2,517,431. 24.34% of the stock is owned by insiders.

Atlas Energy Solutions Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, November 14th. Investors of record on Thursday, November 7th were issued a $0.24 dividend. This represents a $0.96 annualized dividend and a yield of 4.10%. The ex-dividend date of this dividend was Thursday, November 7th. This is a positive change from Atlas Energy Solutions's previous quarterly dividend of $0.23. Atlas Energy Solutions's dividend payout ratio is 121.52%.

Atlas Energy Solutions Company Profile

Atlas Energy Solutions Inc engages in the production, processing, and sale of mesh and sand that are used as a proppant during the well completion process in the Permian Basin of Texas and New Mexico. The company provides transportation and logistics, storage solutions, and contract labor services. It sells its products and services to oil and natural gas exploration and production companies, and oilfield services companies.