Research Analysts Issue Forecasts for AESI Q4 Earnings

Atlas Energy Solutions Inc. (NYSE:AESI) – Equities research analysts at Capital One Financial issued their Q4 2024 earnings per share (EPS) estimates for Atlas Energy Solutions in a note issued to investors on Monday, November 25th. Capital One Financial analyst D. Becker anticipates 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 posted its quarterly earnings results on Monday, October 28th. The company reported $0.04 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.29 by ($0.25). The business had revenue of $304.40 million for the quarter, compared to the consensus estimate of $307.93 million. Atlas Energy Solutions had a return on equity of 11.01% and a net margin of 8.78%. Atlas Energy Solutions’s quarterly revenue was up 93.1% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.51 earnings per share.

Several other brokerages have also weighed in on AESI. The Goldman Sachs Group lowered shares of Atlas Energy Solutions from a “buy” rating to a “neutral” rating and dropped their price objective for the company from $23.00 to $21.00 in a report on Thursday, November 7th. Royal Bank of Canada reaffirmed an “outperform” rating and set a $25.00 price target on shares of Atlas Energy Solutions in a research note on Wednesday, October 30th. Barclays lowered 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. Citigroup downgraded Atlas Energy Solutions from a “buy” rating to a “neutral” rating and decreased their price objective for the company from $23.00 to $22.00 in a report on Thursday, November 14th. Finally, Stephens reiterated an “overweight” rating and issued a $28.00 target price on shares of Atlas Energy Solutions in a report on Tuesday, August 6th. Four analysts have rated the stock with a hold rating, six have issued a buy rating and two have assigned a strong buy rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $24.44.

Atlas Energy Solutions Stock Down 0.6 %

Shares of NYSE AESI opened at $23.42 on Wednesday. The company has a quick ratio of 1.08, a current ratio of 1.23 and a debt-to-equity ratio of 0.42. The firm has a market cap of $2.58 billion, a PE ratio of 29.65, a P/E/G ratio of 13.12 and a beta of 0.69. The company’s fifty day simple moving average is $21.21 and its 200 day simple moving average is $21.06. Atlas Energy Solutions has a 12-month low of $15.55 and a 12-month high of $24.93.

Atlas Energy Solutions Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, November 14th. Investors of record on Thursday, November 7th were given a dividend of $0.24 per share. This is a boost from Atlas Energy Solutions’s previous quarterly dividend of $0.23. The ex-dividend date of this dividend was Thursday, November 7th. This represents a $0.96 annualized dividend and a dividend yield of 4.10%. Atlas Energy Solutions’s payout ratio is presently 121.52%.

Insider Buying and Selling

In other Atlas Energy Solutions news, major shareholder Stacy Hock sold 8,571 shares of the business’s stock in a transaction on Wednesday, September 11th. The stock was sold at an average price of $19.44, for a total value of $166,620.24. Following the transaction, the insider now owns 943,317 shares of the company’s stock, valued at approximately $18,338,082.48. The trade was a 0.90 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, major shareholder Brian Anthony Leveille sold 10,000 shares of the company’s stock in a transaction on Monday, October 14th. The shares were sold at an average price of $20.50, for a total value of $205,000.00. Following the completion of the transaction, the insider now owns 542,010 shares of the company’s stock, valued at $11,111,205. This trade represents a 1.81 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders purchased 60,869 shares of company stock worth $1,187,983 and sold 115,713 shares worth $2,517,431. 24.34% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Atlas Energy Solutions

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Vanguard Group Inc. lifted its stake in 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 purchasing an additional 33,286 shares during the last quarter. Barrow Hanley Mewhinney & Strauss LLC lifted its position in shares of Atlas Energy Solutions by 1.1% during the 2nd quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 2,696,418 shares of the company’s stock valued at $53,740,000 after buying an additional 30,082 shares during the last quarter. Meridian Wealth Advisors LLC grew its stake in shares of Atlas Energy Solutions by 25.8% during the 2nd quarter. Meridian Wealth Advisors LLC now owns 2,677,490 shares of the company’s stock worth $53,362,000 after acquiring an additional 548,620 shares during the period. Janus Henderson Group PLC increased its holdings in Atlas Energy Solutions by 26.9% in the 1st 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. Finally, Copeland Capital Management LLC increased its holdings in Atlas Energy Solutions by 19.8% in the 3rd quarter. Copeland Capital Management LLC now owns 1,884,032 shares of the company’s stock worth $41,072,000 after acquiring an additional 311,228 shares during the last quarter. 34.59% of the stock is owned by hedge funds and other institutional investors.

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.