Atlas Energy Solutions Inc. (NYSE:AESI) Receives Average Recommendation of “Hold” from Analysts

Shares of Atlas Energy Solutions Inc. (NYSE:AESI) have been given a consensus recommendation of “Hold” by the ten analysts that are presently covering the company, Marketbeat Ratings reports. Three research analysts have rated the stock with a sell rating, three have assigned a hold rating and four have given a buy rating to the company. The average 1-year price objective among analysts that have issued a report on the stock in the last year is $19.6250.

A number of analysts recently commented on the stock. Piper Sandler boosted their price objective on shares of Atlas Energy Solutions from $13.00 to $19.00 and gave the stock a “neutral” rating in a report on Monday, May 18th. Citigroup dropped their target price on shares of Atlas Energy Solutions from $22.00 to $21.00 and set a “buy” rating for the company in a report on Wednesday, July 15th. Barclays reduced their price target on shares of Atlas Energy Solutions from $16.00 to $14.00 and set an “underweight” rating for the company in a research report on Thursday, July 16th. Raymond James Financial upgraded Atlas Energy Solutions from a “market perform” rating to an “outperform” rating and set a $25.00 price target on the stock in a report on Tuesday, June 2nd. Finally, Royal Bank Of Canada raised their price objective on Atlas Energy Solutions from $14.00 to $20.00 and gave the company a “sector perform” rating in a research note on Wednesday, May 6th.

Atlas Energy Solutions Stock Performance

Shares of AESI opened at $14.23 on Wednesday. The company has a 50-day simple moving average of $16.57 and a 200-day simple moving average of $13.99. The company has a quick ratio of 0.94, a current ratio of 1.17 and a debt-to-equity ratio of 0.51. The company has a market capitalization of $1.78 billion, a PE ratio of -18.02 and a beta of 1.01. Atlas Energy Solutions has a 52-week low of $7.64 and a 52-week high of $20.13.

Institutional Trading of Atlas Energy Solutions

Several large investors have recently bought and sold shares of AESI. EverSource Wealth Advisors LLC acquired a new position in shares of Atlas Energy Solutions during the 2nd quarter worth $25,000. Quarry LP acquired a new stake in Atlas Energy Solutions in the 3rd quarter valued at about $26,000. Caitong International Asset Management Co. Ltd grew its stake in Atlas Energy Solutions by 91,500.0% in the 4th quarter. Caitong International Asset Management Co. Ltd now owns 2,748 shares of the company’s stock valued at $26,000 after acquiring an additional 2,745 shares during the last quarter. Islay Capital Management LLC purchased a new position in Atlas Energy Solutions during the 4th quarter valued at about $28,000. Finally, State of Wyoming purchased a new position in Atlas Energy Solutions during the 1st quarter valued at about $48,000. Institutional investors and hedge funds own 34.59% of the company’s stock.

Atlas Energy Solutions Company Profile

Atlas Energy Solutions (NYSE: AESI) is an independent energy infrastructure company specializing in the development and operation of low-carbon and renewable natural gas (RNG) projects alongside complementary clean energy offerings. Through its diversified platform, the company seeks to deliver decarbonization solutions across heavy-duty transportation and industrial markets, leveraging technologies that reduce greenhouse gas emissions while providing reliable fuel and energy services.

The company’s core business activities encompass four primary segments.