Atlas Energy Solutions Inc. (NYSE:AESI) Receives Consensus Recommendation of "Hold" from Analysts

Key Points

• Atlas Energy Solutions has a consensus “Hold” rating from 10 analysts: four recommend buying, three advise holding and three recommend selling. The average 12-month price target is $18.13.
• Several analysts recently lowered their price targets, including Citigroup to $21, Stifel to $25, Barclays to $10 and RBC to $17, reflecting a mixed outlook despite some continued “buy” ratings.
• Institutional ownership stands at 34.59%, with major investors including Encompass Capital Advisors, Millennium Management, Wasatch Advisors and UBS increasing or initiating positions. AESI shares recently traded at $12.46, up 5.7%, but remain below their 50- and 200-day moving averages.

Shares of Atlas Energy Solutions Inc. (NYSE:AESI - Get Free Report) have received a consensus rating of "Hold" from the ten brokerages that are presently covering the stock, Marketbeat Ratings reports. Three equities research analysts have rated the stock with a sell recommendation, three have given a hold recommendation and four have given a buy recommendation to the company. The average 1-year price objective among analysts that have issued ratings on the stock in the last year is $18.1250.

Several analysts recently weighed in on the stock. Citigroup reduced their price objective on shares of Atlas Energy Solutions from $22.00 to $21.00 and set a "buy" rating on the stock in a research note on Wednesday, July 15th. Weiss Ratings lowered Atlas Energy Solutions from a "sell (d+)" rating to a "sell (d)" rating in a research report on Friday, August 7th. Stifel Nicolaus cut their target price on Atlas Energy Solutions from $28.00 to $25.00 and set a "buy" rating on the stock in a report on Thursday, August 6th. Barclays cut their target price on Atlas Energy Solutions from $14.00 to $10.00 and set an "underweight" rating on the stock in a report on Friday, August 7th. Finally, Royal Bank Of Canada reduced their price target on Atlas Energy Solutions from $21.00 to $17.00 and set a "sector perform" rating on the stock in a research report on Wednesday, August 5th.

Institutional Trading of Atlas Energy Solutions

Several institutional investors have recently added to or reduced their stakes in AESI. Encompass Capital Advisors LLC acquired a new stake in Atlas Energy Solutions during the 1st quarter valued at approximately $119,854,000. Millennium Management LLC lifted its position in shares of Atlas Energy Solutions by 3,783.3% in the 4th quarter. Millennium Management LLC now owns 1,883,042 shares of the company's stock worth $17,738,000 after purchasing an additional 1,834,551 shares during the period. Wasatch Advisors LP acquired a new position in shares of Atlas Energy Solutions in the 2nd quarter worth approximately $30,468,000. UBS Group AG boosted its stake in shares of Atlas Energy Solutions by 139.6% in the 4th quarter. UBS Group AG now owns 2,170,655 shares of the company's stock valued at $20,448,000 after purchasing an additional 1,264,530 shares during the last quarter. Finally, Nixon Capital LLC bought a new stake in shares of Atlas Energy Solutions in the 4th quarter valued at $11,284,000. 34.59% of the stock is currently owned by institutional investors.

Atlas Energy Solutions Trading Up 5.7%

Shares of NYSE AESI opened at $12.46 on Friday. The firm has a 50 day moving average price of $14.09 and a two-hundred day moving average price of $14.08. The stock has a market cap of $1.56 billion, a P/E ratio of -13.11 and a beta of 1.13. Atlas Energy Solutions has a 52-week low of $7.64 and a 52-week high of $20.13. The company has a debt-to-equity ratio of 0.87, a quick ratio of 1.58 and a current ratio of 1.82.

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.

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