Atlas Energy Solutions Inc (NYSE: AESI) is -17.18% lower on its value in year-to-date trading and has touched a low of $16.98 and a high of $26.86 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The AESI stock was last observed hovering at around $18.11 in the last trading session, with the day’s gains setting it 0.26%.
Currently trading at $18.37, the stock is -1.02% and -13.01% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.43 million and changing 1.44% at the moment leaves the stock -12.90% off its SMA200. AESI registered -16.02% loss for a year compared to 6-month gain of -14.04%. The firm has a 50-day simple moving average (SMA 50) of $21.1184 and a 200-day simple moving average (SMA200) of $21.09125.
The stock witnessed a -17.33% loss in the last 1 month and extending the period to 3 months gives it a -20.68%, and is 4.67% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.75% over the week and 4.78% over the month.
Atlas Energy Solutions Inc (AESI) has around 1143 employees, a market worth around $2.24B and $1.06B in sales. Current P/E ratio is 33.96 and Fwd P/E is 10.55. Profit margin for the company is 5.68%. Distance from 52-week low is 8.19% and -31.61% from its 52-week high. The company has generated returns on investments over the last 12 months (3.96%).
The EPS is expected to grow by 124.38% this year
281.0 institutions hold shares in Atlas Energy Solutions Inc (AESI), with institutional investors hold 99.75% of the company’s shares. The shares outstanding are 110.22M, and float is at 76.46M with Short Float at 18.87%. Institutions hold 61.73% of the Float.
The top institutional shareholder in the company is BARROW HANLEY MEWHINNEY & STRAUSS LLC with over 2.7 million shares valued at $$53.74 million. The investor’s holdings represent 2.4278 of the AESI Shares outstanding. As of 2024-06-30, the second largest holder is MERIDIAN WEALTH ADVISORS, LLC with 2.68 million shares valued at $$53.36 million to account for 2.4108 of the shares outstanding. The other top investors are JANUS HENDERSON GROUP PLC which holds 2.56 million shares representing 2.3081 and valued at over $$51.09 million, while CLEARBRIDGE INVESTMENTS, LLC holds 2.0442 of the shares totaling 2.27 million with a market value of $$45.25 million.
Atlas Energy Solutions Inc (AESI) Insider Activity
The most recent transaction is an insider purchase by SHEPARD GREGORY M, the company’s Member of 10% Owner Group. SEC filings show that SHEPARD GREGORY M bought 32,155 shares of the company’s common stock on Feb 27 ’25 at a price of $19.04 per share for a total of $0.61 million. Following the purchase, the insider now owns 7.65 million shares.
Atlas Energy Solutions Inc disclosed in a document filed with the SEC on Feb 03 ’25 that Hock Stacy (Member of 10% Owner Group) sold a total of 10,000 shares of the company’s common stock. The trade occurred on Feb 03 ’25 and was made at $22.50 per share for $0.23 million. Following the transaction, the insider now directly holds 0.9 million shares of the AESI stock.
Still, SEC filings show that on Feb 03 ’25, BRIGHAM BEN M (Executive Chairman) acquired 217,391 shares at an average price of $23.00 for $5.0 million. The insider now directly holds 533,241 shares of Atlas Energy Solutions Inc (AESI).
