Atlas Energy Solutions Inc (NYSE: AESI) is -40.35% lower on its value in year-to-date trading and has touched a low of $11.76 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 $12.57 in the last trading session, with the day’s gains setting it 0.66%.
Currently trading at $13.23, the stock is -2.58% and -15.45% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.65 million and changing 5.25% at the moment leaves the stock -33.92% off its SMA200. AESI registered -41.52% loss for a year compared to 6-month loss of -38.26%.
The stock witnessed a -1.56% gain in the last 1 month and extending the period to 3 months gives it a -39.42%, and is -5.97% down 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 6.31% over the week and 4.79% over the month.
Atlas Energy Solutions Inc (AESI) has around 1143 employees, a market worth around $1.64B and $1.16B in sales. Current P/E ratio is 43.05 and Fwd P/E is 9.25. Profit margin for the company is 2.96%. Distance from 52-week low is 12.50% and -50.74% from its 52-week high. The company has generated returns on investments over the last 12 months (1.90%).
The EPS is expected to grow by 58.71% this year.
Atlas Energy Solutions Inc (AESI) Top Institutional Holders
The shares outstanding are 123.62M, and float is at 77.53M with Short Float at 22.21%.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 6.08 million shares valued at $121.24 million. The investor’s holdings represent 5.4773% of the AESI Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 5.36 million shares valued at $106.9 million to account for 4.8296 of the shares outstanding. The other top investors are BARROW HANLEY MEWHINNEY & STRAUSS LLC which holds 2.7 million shares representing 2.4278% and valued at over $53.74 million, while MERIDIAN WEALTH ADVISORS, LLC holds 2.4108 of the shares totaling 2.68 million with a market value of $53.36 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).