Atlas Energy Solutions (NYSE:AESI) Hits New 1-Year High - What's Next?

Key Points

• Shares hit a new 52-week high, trading as high as $17.85 (last $17.8070) and sitting well above its 50‑day ($12.84) and 200‑day ($11.26) moving averages, giving the stock strong short‑term momentum.
• Analysts are split — three Buys, three Holds and three Sells — leaving a MarketBeat consensus rating of "Hold" with a consensus target price of $15.57, though Citi recently upgraded to Buy with an $18 target.
• The company reported Q1 earnings that missed EPS expectations (‑$0.38 vs. est. ‑$0.23) but beat revenue estimates ($265.6M vs. $256.4M); insiders have sold about 238,912 shares in the past 90 days and now own 16.4% of the stock.

Shares of Atlas Energy Solutions Inc. (NYSE:AESI - Get Free Report) reached a new 52-week high during mid-day trading on Monday . The company traded as high as $17.85 and last traded at $17.8070, with a volume of 4392513 shares. The stock had previously closed at $17.13.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on AESI shares. Piper Sandler increased their target price on Atlas Energy Solutions from $10.00 to $13.00 and gave the stock a "neutral" rating in a report on Wednesday, April 15th. Citigroup raised Atlas Energy Solutions from a "neutral" rating to a "buy" rating and lifted their target price for the company from $10.40 to $18.00 in a research report on Wednesday, April 15th. Stephens set a $16.00 target price on Atlas Energy Solutions in a research report on Tuesday, January 27th. Weiss Ratings lowered Atlas Energy Solutions from a "hold (c-)" rating to a "sell (d)" rating in a research report on Friday, February 27th. Finally, Barclays lifted their target price on Atlas Energy Solutions from $11.00 to $12.00 and gave the company an "underweight" rating in a research report on Monday, April 6th. Three analysts have rated the stock with a Buy rating, three have issued a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus target price of $15.57.

Atlas Energy Solutions Stock Up 4.0%

The firm's 50-day simple moving average is $12.84 and its 200 day simple moving average is $11.26. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.16 and a current ratio of 1.46. The stock has a market capitalization of $2.21 billion, a P/E ratio of -44.52 and a beta of 1.08.

Atlas Energy Solutions (NYSE:AESI - Get Free Report) last issued its quarterly earnings results on Monday, May 4th. The company reported ($0.38) EPS for the quarter, missing the consensus estimate of ($0.23) by ($0.15). The business had revenue of $265.58 million for the quarter, compared to the consensus estimate of $256.38 million. Atlas Energy Solutions had a negative return on equity of 2.84% and a negative net margin of 4.59%. As a group, research analysts expect that Atlas Energy Solutions Inc. will post -0.5 EPS for the current year.

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 dated Friday, March 6th. The shares were sold at an average price of $11.79, for a total transaction of $105,072.48. Following the transaction, the insider directly owned 567,972 shares in the company, valued at $6,696,389.88. The trade was a 1.54% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Gregory M. Shepard sold 130,000 shares of the business's stock in a transaction dated Wednesday, February 18th. The stock was sold at an average price of $11.98, for a total transaction of $1,557,400.00. Following the transaction, the insider owned 7,421,210 shares in the company, valued at $88,906,095.80. This represents a 1.72% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 238,912 shares of company stock worth $2,837,472 in the last ninety days. Insiders own 16.40% of the company's stock.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the company. Principal Financial Group Inc. increased its stake in shares of Atlas Energy Solutions by 2.2% during the 1st quarter. Principal Financial Group Inc. now owns 375,286 shares of the company's stock worth $4,924,000 after purchasing an additional 7,906 shares during the last quarter. Citizens Financial Group Inc. RI increased its stake in shares of Atlas Energy Solutions by 6.0% during the 1st quarter. Citizens Financial Group Inc. RI now owns 23,966 shares of the company's stock worth $314,000 after purchasing an additional 1,364 shares during the last quarter. Fifth Third Bancorp increased its stake in shares of Atlas Energy Solutions by 5,434.5% during the 1st quarter. Fifth Third Bancorp now owns 17,987 shares of the company's stock worth $236,000 after purchasing an additional 17,662 shares during the last quarter. Sumitomo Mitsui Trust Group Inc. increased its stake in shares of Atlas Energy Solutions by 161.7% during the 1st quarter. Sumitomo Mitsui Trust Group Inc. now owns 58,801 shares of the company's stock worth $771,000 after purchasing an additional 36,332 shares during the last quarter. Finally, Abel Hall LLC acquired a new position in shares of Atlas Energy Solutions during the 1st quarter worth about $131,000. 34.59% of the stock is currently owned by institutional investors and hedge funds.

About Atlas Energy Solutions

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.