Equities Analysts Issue Forecasts for AESI Q4 Earnings

Atlas Energy Solutions Inc. (NYSE:AESI) – Research analysts at Capital One Financial issued their Q4 2024 earnings per share (EPS) estimates for Atlas Energy Solutions in a report released on Monday, November 25th. Capital One Financial analyst D. Becker expects that the company will post earnings of $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.

Other equities analysts have also recently issued reports about the company. Benchmark reissued a “buy” rating and issued a $27.00 price target on shares of Atlas Energy Solutions in a report on Tuesday, August 6th. Stephens reissued an “overweight” rating and issued a $28.00 price target on shares of Atlas Energy Solutions in a report on Tuesday, August 6th. Royal Bank of Canada reissued an “outperform” rating and issued a $25.00 price target on shares of Atlas Energy Solutions in a report on Wednesday, October 30th. Barclays cut Atlas Energy Solutions from an “overweight” rating to an “equal weight” rating and cut their price target for the stock from $23.00 to $19.00 in a report on Tuesday, November 12th. Finally, Pickering Energy Partners cut Atlas Energy Solutions from an “outperform” rating to a “neutral” rating in a report on Wednesday, October 30th. Four analysts have rated the stock with a hold rating, six have given a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $24.44.

Atlas Energy Solutions Stock Down 0.7 %

AESI opened at $23.55 on Wednesday. The business’s fifty day moving average is $21.14 and its two-hundred day moving average is $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 company has a market cap of $2.60 billion, a price-to-earnings ratio of 29.38, a PEG ratio of 13.05 and a beta of 0.69. Atlas Energy Solutions has a one year low of $15.55 and a one year high of $24.93.

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

Institutional Investors Weigh In On Atlas Energy Solutions

Several institutional investors and hedge funds have recently added to or reduced their stakes in AESI. Vanguard Group Inc. increased its stake in Atlas Energy Solutions by 0.7% during the first quarter. Vanguard Group Inc. now owns 4,615,793 shares of the company’s stock worth $104,409,000 after acquiring an additional 33,286 shares during the last quarter. Price T Rowe Associates Inc. MD increased its stake in Atlas Energy Solutions by 9,759.4% during the first quarter. Price T Rowe Associates Inc. MD now owns 1,628,485 shares of the company’s stock worth $36,838,000 after acquiring an additional 1,611,968 shares during the last quarter. Janus Henderson Group PLC increased its stake in Atlas Energy Solutions by 26.9% during the first quarter. Janus Henderson Group PLC now owns 2,537,215 shares of the company’s stock worth $57,392,000 after acquiring an additional 537,927 shares during the last quarter. California State Teachers Retirement System increased its stake in Atlas Energy Solutions by 575.2% during the first quarter. California State Teachers Retirement System now owns 19,784 shares of the company’s stock worth $448,000 after acquiring an additional 16,854 shares during the last quarter. Finally, Cetera Investment Advisers acquired a new stake in Atlas Energy Solutions during the first quarter worth about $1,985,000. 34.59% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Atlas Energy Solutions

In other news, major shareholder Gregory M. Shepard purchased 13,363 shares of the company’s stock in a transaction on Monday, November 4th. The stock was bought at an average cost of $19.19 per share, for a total transaction of $256,435.97. Following the completion of the purchase, the insider now directly owns 7,619,055 shares of the company’s stock, valued at $146,209,665.45. The trade was a 0.18 % increase in their position. The purchase was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, major shareholder Brian Anthony Leveille sold 10,000 shares of the company’s stock in a transaction dated Thursday, November 21st. The stock was sold at an average price of $21.50, for a total value of $215,000.00. Following the sale, the insider now owns 472,010 shares of the company’s stock, valued at $10,148,215. This represents a 2.07 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders acquired 60,869 shares of company stock worth $1,187,983 and sold 85,713 shares worth $1,796,831. Insiders own 24.34% of the company’s stock.

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 paid a $0.24 dividend. This is a positive change from Atlas Energy Solutions’s previous quarterly dividend of $0.23. This represents a $0.96 annualized dividend and a yield of 4.08%. The ex-dividend date of this dividend was Thursday, November 7th. Atlas Energy Solutions’s dividend payout ratio is presently 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.