Research Analysts Offer Predictions for AESI Q4 Earnings

Atlas Energy Solutions Inc. (NYSE:AESI) – Research analysts at Capital One Financial issued their Q4 2024 earnings estimates for shares of 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 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 issued research reports about the company. Citigroup lowered Atlas Energy Solutions from a “buy” rating to a “neutral” rating and dropped their price objective for the stock from $23.00 to $22.00 in a report on Thursday, November 14th. Royal Bank of Canada restated an “outperform” rating and set a $25.00 price target on shares of Atlas Energy Solutions in a research note on Wednesday, October 30th. Stephens reissued an “overweight” rating and issued a $28.00 price objective on shares of Atlas Energy Solutions in a report on Tuesday, August 6th. The Goldman Sachs Group cut shares of Atlas Energy Solutions from a “buy” rating to a “neutral” rating and cut their target price for the company from $23.00 to $21.00 in a report on Thursday, November 7th. Finally, Barclays cut shares of Atlas Energy Solutions from an “overweight” rating to an “equal weight” rating and decreased their price target for the stock from $23.00 to $19.00 in a research note on Tuesday, November 12th. Four research analysts have rated the stock with a hold rating, six have issued a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $24.44.

Atlas Energy Solutions Stock Down 0.6 %

AESI stock opened at $23.42 on Wednesday. The stock has a market cap of $2.58 billion, a P/E ratio of 29.65, a PEG ratio of 13.12 and a beta of 0.69. The company has a current ratio of 1.23, a quick ratio of 1.08 and a debt-to-equity ratio of 0.42. Atlas Energy Solutions has a twelve month low of $15.55 and a twelve month high of $24.93. The company’s 50 day moving average is $21.18 and its two-hundred day moving average is $21.04.

Atlas Energy Solutions (NYSE:AESI) last posted its earnings results on Monday, October 28th. The company reported $0.04 earnings per share for the quarter, missing the consensus estimate of $0.29 by ($0.25). The business 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%. Atlas Energy Solutions’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 earned $0.51 EPS.

Atlas Energy Solutions Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, November 14th. Stockholders of record on Thursday, November 7th were issued a $0.24 dividend. This is an increase 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 dividend yield of 4.10%. Atlas Energy Solutions’s payout ratio is presently 121.52%.

Insider Transactions at Atlas Energy Solutions

In related news, major shareholder Gregory M. Shepard acquired 1,797 shares of the firm’s stock in a transaction that occurred on Friday, October 18th. The shares were purchased at an average price of $19.65 per share, with a total value of $35,311.05. Following the completion of the acquisition, the insider now owns 7,507,194 shares in the company, valued at approximately $147,516,362.10. This represents a 0.02 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, major shareholder Stacy Hock sold 8,571 shares of the stock in a transaction dated Wednesday, September 11th. The shares were sold at an average price of $19.44, for a total transaction of $166,620.24. Following the completion of the transaction, the insider now directly owns 943,317 shares of the company’s stock, valued at approximately $18,338,082.48. This trade represents a 0.90 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have bought 60,869 shares of company stock worth $1,187,983 and have sold 115,713 shares worth $2,517,431. Company insiders own 24.34% of the company’s stock.

Hedge Funds Weigh In On Atlas Energy Solutions

Hedge funds and other institutional investors have recently bought and sold shares of the company. First Horizon Advisors Inc. increased its position in shares of Atlas Energy Solutions by 313.7% in the second quarter. First Horizon Advisors Inc. now owns 1,725 shares of the company’s stock valued at $34,000 after buying an additional 1,308 shares in the last quarter. Amalgamated Bank grew its stake in Atlas Energy Solutions by 328.1% in the 2nd quarter. Amalgamated Bank now owns 2,350 shares of the company’s stock valued at $47,000 after acquiring an additional 1,801 shares during the last quarter. Quest Partners LLC purchased a new position in Atlas Energy Solutions during the 3rd quarter valued at about $48,000. FMR LLC raised its position in Atlas Energy Solutions by 101.0% during the third quarter. FMR LLC now owns 2,696 shares of the company’s stock worth $59,000 after acquiring an additional 1,355 shares during the last quarter. Finally, CWM LLC lifted its holdings in shares of Atlas Energy Solutions by 47.1% in the third quarter. CWM LLC now owns 2,766 shares of the company’s stock valued at $60,000 after purchasing an additional 886 shares in the last quarter. 34.59% of the stock is owned by institutional investors and hedge funds.

About Atlas Energy Solutions

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.