Capital One Financial Predicts AESI Q4 Earnings

Atlas Energy Solutions Inc. (NYSE:AESI) – Stock analysts at Capital One Financial issued their Q4 2024 EPS estimates for shares of Atlas Energy Solutions in a research note issued on Monday, November 25th. Capital One Financial analyst D. Becker forecasts 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 issued 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). Atlas Energy Solutions had a return on equity of 11.01% and a net margin of 8.78%. The firm had revenue of $304.40 million during the quarter, compared to analyst estimates of $307.93 million. During the same period in the prior year, the firm earned $0.51 earnings per share. The business’s revenue was up 93.1% on a year-over-year basis.

Several other research firms also recently weighed in on AESI. Stephens reissued an “overweight” rating and issued a $28.00 price target on shares of Atlas Energy Solutions in a research note on Tuesday, August 6th. Royal Bank of Canada restated an “outperform” rating and set a $25.00 target price on shares of Atlas Energy Solutions in a report on Wednesday, October 30th. The Goldman Sachs Group lowered Atlas Energy Solutions from a “buy” rating to a “neutral” rating and dropped their price target for the company from $23.00 to $21.00 in a research report on Thursday, November 7th. Barclays downgraded Atlas Energy Solutions from an “overweight” rating to an “equal weight” rating and reduced their price objective for the stock from $23.00 to $19.00 in a research report on Tuesday, November 12th. Finally, Citigroup cut Atlas Energy Solutions from a “buy” rating to a “neutral” rating and dropped their target price for the company from $23.00 to $22.00 in a report on Thursday, November 14th. Four research analysts have rated the stock with a hold rating, six have given a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $24.44.

Atlas Energy Solutions Trading Down 0.6 %

Shares of AESI opened at $23.42 on Wednesday. Atlas Energy Solutions has a 52-week low of $15.55 and a 52-week high of $24.93. The stock has a market cap of $2.58 billion, a PE ratio of 29.65, a price-to-earnings-growth ratio of 13.12 and a beta of 0.69. The firm’s fifty day moving average is $21.18 and its two-hundred day moving average is $21.04. The company has a quick ratio of 1.08, a current ratio of 1.23 and a debt-to-equity ratio of 0.42.

Institutional Trading of Atlas Energy Solutions

Hedge funds have recently made changes to their positions in the business. Vanguard Group Inc. grew its holdings in shares of 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 in the last quarter. Barrow Hanley Mewhinney & Strauss LLC increased its position in shares of Atlas Energy Solutions by 1.1% during the second quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 2,696,418 shares of the company’s stock worth $53,740,000 after acquiring an additional 30,082 shares during the period. Meridian Wealth Advisors LLC increased its position in shares of Atlas Energy Solutions by 25.8% during the second 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 raised its stake in shares of Atlas Energy Solutions by 26.9% in the first quarter. Janus Henderson Group PLC now owns 2,537,215 shares of the company’s stock valued at $57,392,000 after acquiring an additional 537,927 shares in the last quarter. Finally, Copeland Capital Management LLC boosted its holdings in Atlas Energy Solutions by 19.8% in the third quarter. Copeland Capital Management LLC now owns 1,884,032 shares of the company’s stock valued at $41,072,000 after purchasing an additional 311,228 shares during the period. Institutional investors and hedge funds own 34.59% of the company’s stock.

Insider Buying and Selling at Atlas Energy Solutions

In related news, major shareholder Stacy Hock sold 8,571 shares of the stock in a transaction dated Thursday, October 3rd. The stock was sold at an average price of $21.49, for a total transaction of $184,190.79. Following the transaction, the insider now owns 934,746 shares of the company’s stock, valued at approximately $20,087,691.54. This represents a 0.91 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, major shareholder Brian Anthony Leveille sold 30,000 shares of the firm’s stock in a transaction dated Monday, November 25th. The shares were sold at an average price of $24.02, for a total value of $720,600.00. Following the transaction, the insider now owns 432,010 shares of the company’s stock, valued at $10,376,880.20. This trade represents a 6.49 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have purchased 60,869 shares of company stock valued at $1,187,983 and have sold 115,713 shares valued at $2,517,431. 24.34% of the stock is currently owned by corporate insiders.

Atlas Energy Solutions Increases Dividend

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

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.