NASDAQ:ATEX

Anterix (ATEX) Stock Price, News & Analysis

$31.61
-0.18 (-0.57%)
(As of 04/23/2024 ET)
Today's Range
$31.50
$32.58
50-Day Range
$31.01
$39.85
52-Week Range
$27.20
$40.45
Volume
83,018 shs
Average Volume
109,703 shs
Market Capitalization
$585.42 million
P/E Ratio
37.63
Dividend Yield
N/A
Price Target
$58.00

Anterix MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
83.5% Upside
$58.00 Price Target
Short Interest
Bearish
5.51% of Shares Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
Decreasing
From ($0.23) to ($2.01) Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.84 out of 5 stars

Computer And Technology Sector

324th out of 583 stocks

Telephone Communication, Except Radio Industry

9th out of 18 stocks

ATEX stock logo

About Anterix Stock (NASDAQ:ATEX)

Anterix Inc. operates as a wireless communications company. The company focuses on commercializing its spectrum assets to enable the targeted utility and critical infrastructure customers to deploy private broadband networks and innovative broadband solutions. It holds licensed spectrum in the 900 MHz band with coverage throughout the United States, Alaska, Hawaii, and Puerto Rico. The company was formerly known as pdvWireless, Inc. and changed its name to Anterix Inc. in August 2019. Anterix Inc. was incorporated in 1997 and is headquartered in Woodland Park, New Jersey.

ATEX Stock Price History

ATEX Stock News Headlines

ATEX Aug 2024 35.000 call
Don’t Miss Out on the AI Gold Rush That’s Just Getting Started
“Titan of Tech” Bets Big on Tiny AI Company He’s made as much as 3,250,000% in just three years on companies like Facebook, Airbnb, and PayPal… But our research shows his latest investment could be his most successful venture yet.
ATEX Aug 2024 25.000 put
ATEX Apr 2024 35.000 put
ATEX Apr 2024 50.000 call
Don’t Miss Out on the AI Gold Rush That’s Just Getting Started
“Titan of Tech” Bets Big on Tiny AI Company He’s made as much as 3,250,000% in just three years on companies like Facebook, Airbnb, and PayPal… But our research shows his latest investment could be his most successful venture yet.
Anterix Third Quarter 2024 Earnings: Beats Expectations
Anterix (ATEX) Reports Q3 Loss, Tops Revenue Estimates
Recap: Anterix Q3 Earnings
See More Headlines
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Company Calendar

Last Earnings
2/14/2024
Today
4/23/2024
Next Earnings (Estimated)
6/12/2024
Fiscal Year End
3/31/2025

Industry, Sector and Symbol

Industry
Telephone communication, except radio
Sub-Industry
N/A
Current Symbol
NASDAQ:ATEX
Employees
82
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$58.00
High Stock Price Target
$75.00
Low Stock Price Target
$41.00
Potential Upside/Downside
+83.5%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
2 Analysts

Profitability

Net Income
$-16,320,000.00
Pretax Margin
514.41%

Debt

Sales & Book Value

Annual Sales
$1.92 million
Book Value
$9.53 per share

Miscellaneous

Free Float
12,647,000
Market Cap
$585.42 million
Optionable
Optionable
Beta
0.68
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ATEX Stock Analysis - Frequently Asked Questions

Should I buy or sell Anterix stock right now?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Anterix in the last twelve months. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" ATEX shares.
View ATEX analyst ratings
or view top-rated stocks.

What is Anterix's stock price target for 2024?

2 brokerages have issued 12 month price targets for Anterix's stock. Their ATEX share price targets range from $41.00 to $75.00. On average, they predict the company's stock price to reach $58.00 in the next year. This suggests a possible upside of 83.5% from the stock's current price.
View analysts price targets for ATEX
or view top-rated stocks among Wall Street analysts.

How have ATEX shares performed in 2024?

Anterix's stock was trading at $33.32 at the start of the year. Since then, ATEX shares have decreased by 5.1% and is now trading at $31.61.
View the best growth stocks for 2024 here
.

When is Anterix's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, June 12th 2024.
View our ATEX earnings forecast
.

How were Anterix's earnings last quarter?

Anterix Inc. (NASDAQ:ATEX) issued its earnings results on Wednesday, February, 14th. The company reported ($0.55) earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.61) by $0.06. The company had revenue of $1.27 million for the quarter, compared to analyst estimates of $1.20 million. Anterix had a net margin of 447.16% and a negative trailing twelve-month return on equity of 17.22%.

What ETF holds Anterix's stock?

SPDR S&P Telecom ETF holds 10,933 shares of ATEX stock, representing 0.66% of its portfolio.

What other stocks do shareholders of Anterix own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Anterix investors own include Pfizer (PFE), AbbVie (ABBV), Advanced Micro Devices (AMD), Cisco Systems (CSCO), International Business Machines (IBM), Micron Technology (MU), Occidental Petroleum (OXY), Stericycle (SRCL) and Applied Optoelectronics (AAOI).

Who are Anterix's major shareholders?

Anterix's stock is owned by a number of institutional and retail investors. Top institutional investors include Kirr Marbach & Co. LLC IN (0.52%), Woodmont Investment Counsel LLC (0.17%) and Los Angeles Capital Management LLC (0.05%). Insiders that own company stock include Christopher Guttman-Mccabe, Elaine Gangeri, Gena L Ashe, Hamid Akhavan, Jeffrey A Altman, Leslie B Daniels, Mahvash Yazdi, Morgan E Obrien, Robert Harris Schwartz, Ryan Gerbrandt and Timothy Gray.
View institutional ownership trends
.

How do I buy shares of Anterix?

Shares of ATEX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:ATEX) was last updated on 4/24/2024 by MarketBeat.com Staff

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