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

Atlas Energy Solutions Inc. (NYSE:AESI) has earned an average recommendation of “Hold” from the nine ratings firms that are covering the stock, MarketBeat.com reports. Three investment analysts have rated the stock with a sell rating, three have given a hold rating and three have given a buy rating to the company. The average 1-year target price among analysts that have issued ratings on the stock in the last year is $18.5714.

Several analysts recently issued reports on AESI shares. Royal Bank Of Canada boosted their target price on shares of Atlas Energy Solutions from $14.00 to $20.00 and gave the company a “sector perform” rating in a research report on Wednesday, May 6th. Barclays boosted their target price on shares of Atlas Energy Solutions from $12.00 to $16.00 and gave the company an “underweight” rating in a research report on Friday, May 8th. The Goldman Sachs Group boosted their target price on shares of Atlas Energy Solutions from $8.00 to $9.00 and gave the company a “sell” rating in a research report on Wednesday, March 4th. Stifel Nicolaus set a $28.00 target price on shares of Atlas Energy Solutions in a research report on Friday, May 1st. Finally, Piper Sandler boosted their target price on shares of Atlas Energy Solutions from $13.00 to $19.00 and gave the company a “neutral” rating in a research report on Monday, May 18th.

Insider Activity at Atlas Energy Solutions

In other news, major shareholder Chris Scholla sold 8,912 shares of the business’s stock in a transaction on Friday, March 6th. The shares were sold at an average price of $11.79, for a total value of $105,072.48. Following the transaction, the insider owned 567,972 shares of the company’s stock, valued at approximately $6,696,389.88. The trade was a 1.54% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 16.40% of the company’s stock.

Institutional Investors Weigh In On Atlas Energy Solutions

Hedge funds have recently bought and sold shares of the business. Villere ST Denis J & Co. LLC raised its stake in Atlas Energy Solutions by 10.5% during the third quarter. Villere ST Denis J & Co. LLC now owns 2,219,928 shares of the company’s stock valued at $25,241,000 after purchasing an additional 211,203 shares in the last quarter. Advisors Asset Management Inc. raised its stake in shares of Atlas Energy Solutions by 169.6% in the third quarter. Advisors Asset Management Inc. now owns 236,395 shares of the company’s stock valued at $2,688,000 after acquiring an additional 148,709 shares during the period. Vanguard Group Inc. raised its stake in shares of Atlas Energy Solutions by 2.8% in the fourth quarter. Vanguard Group Inc. now owns 8,008,272 shares of the company’s stock valued at $75,438,000 after acquiring an additional 215,243 shares during the period. Kettle Hill Capital Management LLC raised its stake in shares of Atlas Energy Solutions by 61.4% in the third quarter. Kettle Hill Capital Management LLC now owns 660,843 shares of the company’s stock valued at $7,514,000 after acquiring an additional 251,474 shares during the period. Finally, Argentarii LLC raised its stake in shares of Atlas Energy Solutions by 962.8% in the fourth quarter. Argentarii LLC now owns 166,044 shares of the company’s stock valued at $1,564,000 after acquiring an additional 150,421 shares during the period. Hedge funds and other institutional investors own 34.59% of the company’s stock.

Atlas Energy Solutions Trading Up 2.7%

Shares of NYSE AESI opened at $17.13 on Tuesday. Atlas Energy Solutions has a 1 year low of $7.64 and a 1 year high of $20.13. The stock has a market cap of $2.14 billion, a P/E ratio of -21.69 and a beta of 1.02. The firm has a 50-day moving average of $15.62 and a 200 day moving average of $12.34. The company has a debt-to-equity ratio of 0.51, a current ratio of 1.17 and a quick ratio of 0.94.

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.