Atlas Energy Solutions (AESI) Stock Price, News & Analysis

Company Overview

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. Atlas Energy Solutions Inc. was founded in 2017 and is headquartered in Austin, Texas.

Key Stats

• Today's Range: $20.61 to $21.30
• 50-Day Range: $19.18 to $23.23
• 52-Week Range: $15.55 to $24.93
• Volume: 586,071 shs
• Average Volume: 889,447 shs
• Market Capitalization: $2.34 billion
• P/E Ratio: 26.85
• Dividend Yield: 4.53%
• Price Target: $24.44
• Consensus Rating: Moderate Buy

Atlas Energy Solutions Stock Analysis - MarketRank™

Atlas Energy Solutions scored higher than 81% of companies evaluated by MarketBeat, and ranked 73rd out of 264 stocks in the oils/energy sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.4 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Atlas Energy Solutions has received a consensus rating of Moderate Buy. The company's average rating score is 2.83, and is based on 6 buy ratings, 4 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Atlas Energy Solutions has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 178.75%

Earnings Growth

Earnings for Atlas Energy Solutions are expected to grow by 178.75% in the coming year, from $0.80 to $2.23 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Atlas Energy Solutions is 26.85, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 134.38.

Price to Earnings Ratio vs. Sector

The P/E ratio of Atlas Energy Solutions is 26.85, which means that it is trading at a more expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 17.29.

Price to Earnings Growth Ratio

Atlas Energy Solutions has a PEG Ratio of 11.03. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Atlas Energy Solutions has a P/B Ratio of 2.44. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 1.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

14.76% of the float of Atlas Energy Solutions has been sold short.

Short Interest Ratio / Days to Cover

Atlas Energy Solutions has a short interest ratio ("days to cover") of 11.3, which indicates bearish sentiment.

Change versus previous month

Short interest in Atlas Energy Solutions has recently decreased by 3.55%, indicating that investor sentiment is improving.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Leadership

Atlas Energy Solutions is a leading dividend payer. It pays a dividend yield of 4.81%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Atlas Energy Solutions does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Atlas Energy Solutions is 121.52%. Payout ratios above 75% are not desirable because they may not be sustainable.

Dividend Sustainability

Based on earnings estimates, Atlas Energy Solutions will have a dividend payout ratio of 43.05% next year. This indicates that Atlas Energy Solutions will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

14.76% of the float of Atlas Energy Solutions has been sold short.

Short Interest Ratio / Days to Cover

Atlas Energy Solutions has a short interest ratio ("days to cover") of 11.3, which indicates bearish sentiment.

Change versus previous month

Short interest in Atlas Energy Solutions has recently decreased by 3.55%, indicating that investor sentiment is improving.

News and Social Media

• Score: 2.3 / 5
• News Sentiment: 0.21

News Sentiment

Atlas Energy Solutions has a news sentiment score of 0.21. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.65 average news sentiment score of Oils/Energy companies.

News Coverage This Week

MarketBeat has tracked 9 news articles for Atlas Energy Solutions this week, compared to 4 articles on an average week.

Search Interest

6 people have searched for AESI on MarketBeat in the last 30 days. This is an increase of 20% compared to the previous 30 days.

MarketBeat Follows

Only 7 people have added Atlas Energy Solutions to their MarketBeat watchlist in the last 30 days. This is a decrease of -22% compared to the previous 30 days.

Company Ownership

• Score: 3.3 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Atlas Energy Solutions insiders have sold 33.15% more of their company's stock than they have bought. Specifically, they have bought $1,187,983.00 in company stock and sold $1,581,831.00 in company stock.

Percentage Held by Insiders

24.34% of the stock of Atlas Energy Solutions is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Only 34.59% of the stock of Atlas Energy Solutions is held by institutions.

AESI Stock Analysis - Frequently Asked Questions

How have AESI shares performed this year?

Atlas Energy Solutions' stock was trading at $17.22 at the start of the year. Since then, AESI shares have increased by 23.2% and is now trading at $21.21.
View the best growth stocks for 2024 here.

How were Atlas Energy Solutions' earnings last quarter?

Atlas Energy Solutions Inc. (NYSE:AESI) posted 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 firm's quarterly revenue was up 93.1% compared to the same quarter last year.

When did Atlas Energy Solutions IPO?

Atlas Energy Solutions (AESI) raised $387 million in an initial public offering (IPO) on Thursday, March 9th 2023. The company issued 18,000,000 shares at $20.00-$23.00 per share.

Who are Atlas Energy Solutions' major shareholders?

Atlas Energy Solutions' top institutional shareholders include Janus Henderson Group PLC (2.31%), Copeland Capital Management LLC (1.88%), Villere ST Denis J & Co. LLC (1.62%) and State Street Corp (1.59%). Insiders that own company stock include Gregory M Shepard, John Gregory Turner, Richard W Schmidt, Stacy Hock, Brian Anthony Leveille, Kirk Edwards Ginn, Chad M Mcever, Dathan C Voelter, Ben M Brigham, Jeffrey L Allison and Douglas G Rogers.
View institutional ownership trends.

How do I buy shares of Atlas Energy Solutions?

Shares of AESI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Atlas Energy Solutions own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Atlas Energy Solutions investors own include NVIDIA (NVDA), Invesco QQQ (QQQ), Meta Platforms (META), Broadcom (AVGO), Arista Networks (ANET), Adobe (ADBE) and Novo Nordisk A/S (NVO).

Company Calendar

• Ex-Dividend for 8/22 Dividend: 8/15/2024
• Dividend Payable: 8/22/2024
• Last Earnings: 10/28/2024
• Ex-Dividend for 11/14 Dividend: 11/07/2024
• Dividend Payable: 11/14/2024
• Today: 11/20/2024
• Next Earnings (Confirmed): 12/31/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Oils/Energy
• Industry: Crude petroleum & natural gas
• Sub-Industry: Non-Metallic And Industrial Metal Mining
• Current Symbol: NYSE:AESI
• CUSIP: N/A
• CIK: 1910950
• Web: atlas.energy
• Phone: 512-220-1200
• Fax: N/A
• Employees: 490
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $24.44
• High Stock Price Target: $28.00
• Low Stock Price Target: $19.00
• Potential Upside/Downside: +15.2%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.83
• Research Coverage: 12 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $0.79
• Trailing P/E Ratio: 26.85
• Forward P/E Ratio: 26.51
• P/E Growth: 11.03
• Net Income: $105.43 million
• Net Margins: 8.78%
• Pretax Margin: 11.24%
• Return on Equity: 11.01%
• Return on Assets: 6.22%

Debt

• Debt-to-Equity Ratio: 0.42
• Current Ratio: 1.23
• Quick Ratio: 1.08

Sales & Book Value

• Annual Sales: $925.76 million
• Price / Sales: 2.53
• Cash Flow: $1.62 per share
• Price / Cash Flow: 13.10
• Book Value: $8.68 per share
• Price / Book: 2.44

Miscellaneous

• Outstanding Shares: 110,217,000
• Free Float: 83,390,000
• Market Cap: $2.34 billion
• Optionable: Optionable
• Beta: 0.69