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NYSE:ACIC

Atlas Crest Investment (ACIC) Stock Price, News & Analysis

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About Atlas Crest Investment Stock (NYSE:ACIC)

Key Stats

Today's Range
$12.70
$13.13
50-Day Range
$5.39
$10.19
52-Week Range
$8.79
$18.60
Volume
187,677 shs
Average Volume
271,101 shs
Market Capitalization
$621.91 million
P/E Ratio
7.37
Dividend Yield
N/A
Price Target
$16.00
Consensus Rating
Buy

Company Overview

Atlas Crest Investment Corp. does not have significant operations. It focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company intends to engage in the business of designing and developing electric vertical takeoff and landing aircraft for use in urban air mobility that can carry passengers for 60 miles at speeds of up to 150 mph. Atlas Crest Investment Corp. was incorporated in 2020 and is based in New York, New York.

Atlas Crest Investment Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
39th Percentile Overall Score

ACIC MarketRank™: 

Atlas Crest Investment scored higher than 39% of companies evaluated by MarketBeat, and ranked 761st out of 963 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Atlas Crest Investment has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Atlas Crest Investment has only been the subject of 1 research reports in the past 90 days.

  • Read more about Atlas Crest Investment's stock forecast and price target.
  • Earnings Growth

    Earnings for Atlas Crest Investment are expected to decrease by -3.23% in the coming year, from $1.55 to $1.50 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Atlas Crest Investment is 7.37, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 120.61.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Atlas Crest Investment is 7.37, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 28.42.

  • Price to Book Value per Share Ratio

    Atlas Crest Investment has a P/B Ratio of 2.39. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Read more about Atlas Crest Investment's valuation and earnings.
  • Short Interest

    There is no current short interest data available for ACIC.
  • Dividend Yield

    Atlas Crest Investment does not currently pay a dividend.

  • Dividend Growth

    Atlas Crest Investment does not have a long track record of dividend growth.

  • Short Interest

    There is no current short interest data available for ACIC.
  • Search Interest

    7 people have searched for ACIC on MarketBeat in the last 30 days. This is an increase of 600% compared to the previous 30 days.
  • MarketBeat Follows

    1 people have added Atlas Crest Investment to their MarketBeat watchlist in the last 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Atlas Crest Investment insiders have bought 55.39% more of their company's stock than they have sold. Specifically, they have bought $90,960.00 in company stock and sold $58,538.00 in company stock.

  • Percentage Held by Insiders

    49.90% of the stock of Atlas Crest Investment is held by insiders. A high percentage of insider ownership can be a sign of company health.

  • Percentage Held by Institutions

    Only 22.11% of the stock of Atlas Crest Investment is held by institutions.

  • Read more about Atlas Crest Investment's insider trading history.
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ACIC Stock News Headlines

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See More Headlines

ACIC Stock Analysis - Frequently Asked Questions

Atlas Crest Investment Corp. (NYSE:ACIC) announced its quarterly earnings data on Wednesday, November, 6th. The company reported $0.54 earnings per share for the quarter, beating the consensus estimate of $0.35 by $0.19. The business earned $82.14 million during the quarter, compared to analyst estimates of $84.51 million. Atlas Crest Investment had a trailing twelve-month return on equity of 41.41% and a net margin of 30.14%.

Atlas Crest Investment's top institutional investors include Tieton Capital Management LLC (2.07%), Geode Capital Management LLC (1.20%), Martingale Asset Management L P (0.08%) and BNP Paribas Financial Markets (0.03%). Insiders that own company stock include William H Hood III, Christopher Griffith and Kern Michael Davis.
View institutional ownership trends
.

Based on aggregate information from My MarketBeat watchlists, some other companies that Atlas Crest Investment investors own include NVIDIA (NVDA), Broadcom (AVGO), Meta Platforms (META), Arista Networks (ANET), Adobe (ADBE), e.l.f. Beauty (ELF) and Jabil (JBL).

Company Calendar

Last Earnings
11/06/2024
Today
11/17/2024
Fiscal Year End
12/31/2024
Next Earnings (Estimated)
3/06/2025

Industry, Sector and Symbol

Sector
Finance
Industry
Fire, marine, & casualty insurance
Sub-Industry
N/A
Fax
N/A
Employees
3
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$16.00
High Stock Price Target
$16.00
Low Stock Price Target
$16.00
Potential Upside/Downside
+24.0%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
$309.91 million
Pretax Margin
39.08%

Debt

Sales & Book Value

Annual Sales
$286.54 million
Cash Flow
$2.30 per share
Book Value
$5.39 per share

Miscellaneous

Free Float
24,151,000
Market Cap
$621.91 million
Optionable
Optionable
Beta
-0.26
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This page (NYSE:ACIC) was last updated on 11/17/2024 by MarketBeat.com Staff
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