At the time of writing, Atlas Energy Solutions Inc. [AESI] stock is trading at $22.62, down -0.40%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The AESI shares have gain 3.76% over the last week, with a monthly amount glided 11.87%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Previously, The Benchmark Company started tracking the stock with Buy rating on May 23, 2024, and set its price target to $27. Johnson Rice started tracking the stock assigning a Buy rating and suggested a price target of $24 on April 12, 2023. CapitalOne initiated its recommendation with a Overweight and recommended $25 as its price target on April 04, 2023. RBC Capital Mkts started tracking with a Outperform rating for this stock on April 03, 2023, and assigned it a price target of $25. In a note dated April 03, 2023, Raymond James initiated an Strong Buy rating and provided a target price of $25 on this stock.
For the past year, the stock price of Atlas Energy Solutions Inc. fluctuated between $15.47 and $24.93. Currently, Wall Street analysts expect the stock to reach $24 within the next 12 months. Atlas Energy Solutions Inc. [NYSE: AESI] shares were valued at $22.62 at the most recent close of the market. An investor can expect a potential return of 6.1% based on the average AESI price forecast.
Analyzing the AESI fundamentals
According to Atlas Energy Solutions Inc. [NYSE:AESI], the company’s sales were 778.94M for trailing twelve months, which represents an 77.71% jump. Gross Profit Margin for this corporation currently stands at 0.34% with Operating Profit Margin at 0.24%, Pretax Profit Margin comes in at 0.21%, and Net Profit Margin reading is 0.14%. To continue investigating profitability, this company’s Return on Assets is posted at 0.05, Equity is 0.15 and Total Capital is 0.11. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.46.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 22.33 points at the first support level, and at 22.03 for the second support level. However, for the 1st resistance point, the stock is sitting at 22.87, and for the 2nd resistance point, it is at 23.12.
Ratios To Look Out For
It is important to note that Atlas Energy Solutions Inc. [NYSE:AESI] has a current ratio of 1.53. As well, the Quick Ratio is 1.35, while the Cash Ratio is 0.44. Considering the valuation of this stock, the price to sales ratio is 3.19, the price to book ratio is 2.34 and price to earnings (TTM) ratio is 22.01.
Transactions by insiders
Recent insider trading involved Hock Stacy, Member of 10% Owner Group, that happened on Oct 03 ’24 when 8571.0 shares were sold. Director, Stacy Hock completed a deal on Oct 03 ’24 to buy 25713.0 shares. Meanwhile, Member of 10% Owner Group Hock Stacy sold 8571.0 shares on Sep 11 ’24.
