Equities Analysts Issue Forecasts for AESI Q4 Earnings

Atlas Energy Solutions Inc. (NYSE:AESI) – Stock analysts at Capital One Financial issued their Q4 2024 earnings per share estimates for shares of Atlas Energy Solutions in a research report issued to clients and investors on Monday, November 25th. Capital One Financial analyst D. Becker forecasts that the company will post earnings per share of $0.14 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.

Atlas Energy Solutions (NYSE:AESI) last announced its quarterly earnings data on Monday, October 28th. The company reported $0.04 earnings per share (EPS) for the quarter, missing the consensus estimate 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%. The business’s quarterly revenue was up 93.1% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.51 EPS.

Several other brokerages have also recently issued reports on AESI. The Goldman Sachs Group cut Atlas Energy Solutions from a “buy” rating to a “neutral” rating and decreased their price objective for the company from $23.00 to $21.00 in a research note on Thursday, November 7th. Stephens reissued an “overweight” rating and set a $28.00 target price on shares of Atlas Energy Solutions in a research report on Tuesday, August 6th. Barclays lowered Atlas Energy Solutions from an “overweight” rating to an “equal weight” rating and cut their target price for the stock from $23.00 to $19.00 in a research report on Tuesday, November 12th. Benchmark reissued a “buy” rating and set a $27.00 target price on shares of Atlas Energy Solutions in a research report on Tuesday, August 6th. 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 investment analysts have rated the stock with a hold rating, six have assigned a buy rating and two have assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $24.44.

Atlas Energy Solutions Stock Performance

Shares of AESI opened at $23.55 on Wednesday. The stock has a 50-day simple moving average of $21.14 and a 200-day simple moving average of $21.03. The company has a debt-to-equity ratio of 0.42, a quick ratio of 1.08 and a current ratio of 1.23. The stock has a market capitalization of $2.60 billion, a PE ratio of 29.38, a PEG ratio of 13.05 and a beta of 0.69. Atlas Energy Solutions has a 1 year low of $15.55 and a 1 year high of $24.93.

Atlas Energy Solutions Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, November 14th. Shareholders of record on Thursday, November 7th were given a dividend of $0.24 per share. This is a positive change from Atlas Energy Solutions’s previous quarterly dividend of $0.23. The ex-dividend date was Thursday, November 7th. This represents a $0.96 annualized dividend and a yield of 4.08%. Atlas Energy Solutions’s payout ratio is 121.52%.

Insiders Place Their Bets

In related news, major shareholder Gregory M. Shepard bought 13,363 shares of the company’s stock in a transaction dated Monday, November 4th. The shares were acquired at an average price of $19.19 per share, with a total value of $256,435.97. Following the completion of the acquisition, the insider now owns 7,619,055 shares in the company, valued at approximately $146,209,665.45. This trade represents a 0.18 % increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, major shareholder Brian Anthony Leveille sold 10,000 shares of the business’s stock in a transaction that occurred on Thursday, November 21st. The shares were sold at an average price of $21.50, for a total value of $215,000.00. Following the completion of the transaction, the insider now directly owns 472,010 shares in the company, valued at approximately $10,148,215. The trade was a 2.07 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have bought 60,869 shares of company stock valued at $1,187,983 and have sold 85,713 shares valued at $1,796,831. 24.34% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

A number of institutional investors have recently modified their holdings of AESI. Vanguard Group Inc. boosted its stake in shares of Atlas Energy Solutions by 0.7% in the first quarter. Vanguard Group Inc. now owns 4,615,793 shares of the company’s stock valued at $104,409,000 after buying an additional 33,286 shares in the last quarter. Price T Rowe Associates Inc. MD boosted its stake in shares of Atlas Energy Solutions by 9,759.4% in the first quarter. Price T Rowe Associates Inc. MD now owns 1,628,485 shares of the company’s stock valued at $36,838,000 after buying an additional 1,611,968 shares in the last quarter. Janus Henderson Group PLC boosted its stake in shares of Atlas Energy Solutions by 26.9% in the first quarter. Janus Henderson Group PLC now owns 2,537,215 shares of the company’s stock valued at $57,392,000 after buying an additional 537,927 shares in the last quarter. California State Teachers Retirement System boosted its stake in shares of Atlas Energy Solutions by 575.2% in the first quarter. California State Teachers Retirement System now owns 19,784 shares of the company’s stock valued at $448,000 after buying an additional 16,854 shares in the last quarter. Finally, Cetera Investment Advisers purchased a new stake in shares of Atlas Energy Solutions in the first quarter valued at approximately $1,985,000. Institutional investors and hedge funds own 34.59% of the company’s stock.

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.