Should I buy or sell Anterix stock right now?

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Anterix in the last year. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" ATEX shares. View ATEX analyst ratings or view top-rated stocks .

What is Anterix's stock price target for 2024?

2 Wall Street research analysts have issued twelve-month target prices for Anterix's stock. Their ATEX share price targets range from $41.00 to $75.00. On average, they predict the company's stock price to reach $58.00 in the next year. This suggests a possible upside of 85.2% from the stock's current price. View analysts price targets for ATEX or view top-rated stocks among Wall Street analysts .

How have ATEX shares performed in 2024?

Anterix's stock was trading at $33.32 on January 1st, 2024. Since then, ATEX stock has decreased by 6.0% and is now trading at $31.31. View the best growth stocks for 2024 here .

When is Anterix's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, June 12th 2024. View our ATEX earnings forecast .

How were Anterix's earnings last quarter?

Anterix Inc. (NASDAQ:ATEX) released its earnings results on Wednesday, February, 14th. The company reported ($0.55) EPS for the quarter, beating the consensus estimate of ($0.61) by $0.06. The firm had revenue of $1.27 million for the quarter, compared to analyst estimates of $1.20 million. Anterix had a negative trailing twelve-month return on equity of 17.22% and a net margin of 447.16%.

What ETF holds Anterix's stock?

SPDR S&P Telecom ETF holds 10,933 shares of ATEX stock, representing 0.66% of its portfolio.

What other stocks do shareholders of Anterix own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Anterix investors own include Pfizer (PFE) , AbbVie (ABBV) , Advanced Micro Devices (AMD) , Cisco Systems (CSCO) , International Business Machines (IBM) , Micron Technology (MU) , Occidental Petroleum (OXY) , Stericycle (SRCL) and Applied Optoelectronics (AAOI) .

Who are Anterix's major shareholders?

Anterix's stock is owned by many different retail and institutional investors. Top institutional investors include Woodmont Investment Counsel LLC (0.17%) and Los Angeles Capital Management LLC (0.05%). Insiders that own company stock include Christopher Guttman-Mccabe, Elaine Gangeri , Gena L Ashe , Hamid Akhavan , Jeffrey A Altman, Leslie B Daniels, Mahvash Yazdi, Morgan E Obrien , Robert Harris Schwartz , Ryan Gerbrandt and Timothy Gray . View institutional ownership trends .

How do I buy shares of Anterix?

Shares of ATEX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NASDAQ:ATEX

Anterix (ATEX) Stock Price, News & Analysis

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$31.31

-0.31 (-0.98%)

(As of 04/18/2024 ET)

Compare

Today's Range: $31.30
▼
$32.12
50-Day Range: $30.67
▼
$39.85
52-Week Range: $27.20
▼
$40.45

Volume: 96,088 shs
Average Volume: 109,984 shs
Market Capitalization: $579.86 million

P/E Ratio: 37.27
Dividend Yield: N/A
Price Target: $58.00

Get Anterix alerts:

Anterix MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.50 Rating Score
Upside/Downside: 85.2% Upside
$58.00 Price Target
Short Interest: Bearish
5.51% of Shares Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.91
Based on 2 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: Decreasing
From ($0.23) to ($2.01) Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.90 out of 5 stars

Computer And Technology Sector

311th out of 590 stocks

Telephone Communication, Except Radio Industry

7th out of 17 stocks

3.3

Analyst's Opinion

Consensus Rating
Anterix has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 1 buy rating, 1 hold rating, and no sell ratings.
Amount of Analyst Coverage
Anterix has only been the subject of 1 research reports in the past 90 days.

2.0

Short Interest

Percentage of Shares Shorted
5.51% of the outstanding shares of Anterix have been sold short.
Short Interest Ratio / Days to Cover
Anterix has a short interest ratio ("days to cover") of 9.
Change versus previous month
Short interest in Anterix has recently decreased by 4.67%, indicating that investor sentiment is improving.

0.0

Dividend Strength

Dividend Yield
Anterix does not currently pay a dividend.
Dividend Growth
Anterix does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for ATEX.

3.3

News and Social Media Coverage

News Sentiment
Anterix has a news sentiment score of 0.91. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.49 average news sentiment score of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 2 news articles for Anterix this week, compared to 1 article on an average week.
MarketBeat Follows
1 people have added Anterix to their MarketBeat watchlist in the last 30 days.

3.3

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Anterix insiders have not sold or bought any company stock.
Percentage Held by Insiders
31.71% of the stock of Anterix is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
87.67% of the stock of Anterix is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.3

Earnings and Valuation

Earnings Growth
Earnings for Anterix are expected to decrease in the coming year, from ($0.23) to ($2.01) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Anterix is 37.27, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 143.80.
Price to Earnings Ratio vs. Sector
The P/E ratio of Anterix is 37.27, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 260.69.
Price to Book Value per Share Ratio
Anterix has a P/B Ratio of 3.29. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

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About Anterix Stock (NASDAQ:ATEX)

Anterix Inc. operates as a wireless communications company. The company focuses on commercializing its spectrum assets to enable the targeted utility and critical infrastructure customers to deploy private broadband networks and innovative broadband solutions. It holds licensed spectrum in the 900 MHz band with coverage throughout the United States, Alaska, Hawaii, and Puerto Rico. The company was formerly known as pdvWireless, Inc. and changed its name to Anterix Inc. in August 2019. Anterix Inc. was incorporated in 1997 and is headquartered in Woodland Park, New Jersey.

ATEX Stock Price History

30 days | 90 days | 365 days | Advanced Chart

ATEX Stock News Headlines

April 16, 2024 | markets.businessinsider.com

Analysts Offer Insights on Communication Services Companies: Anterix (ATEX) and Integral Ad Science (IAS)

March 16, 2024 | finance.yahoo.com

ATEX Aug 2024 35.000 call

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March 16, 2024 | finance.yahoo.com

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March 16, 2024 | finance.yahoo.com

ATEX Apr 2024 50.000 call

March 14, 2024 | prnewswire.com

ANTERIX JOINS CONSORTIUM OF NATIONAL LABORATORIES AND LEADING SOLUTION PROVIDERS IN SUPPORT OF GRID MODERNIZATION EFFORT

February 28, 2024 | prnewswire.com

ANTERIX TO PRESENT AT MORGAN STANLEY'S TECHNOLOGY, MEDIA & TELECOM CONFERENCE

April 18, 2024 | Darwin (Ad)

Your Next Portfolio Star: Revealing 2024's Top Stock Pick

February 21, 2024 | finance.yahoo.com

Is Anterix (ATEX) Stock Outpacing Its Computer and Technology Peers This Year?

February 21, 2024 | finance.yahoo.com

Wall Street Analysts Believe Anterix (ATEX) Could Rally 48.88%: Here's is How to Trade

February 16, 2024 | finance.yahoo.com

Anterix Inc. (NASDAQ:ATEX) Q3 2024 Earnings Call Transcript

February 16, 2024 | finance.yahoo.com

Anterix Third Quarter 2024 Earnings: Beats Expectations

February 14, 2024 | finance.yahoo.com

Anterix (ATEX) Reports Q3 Loss, Tops Revenue Estimates

February 14, 2024 | benzinga.com

Recap: Anterix Q3 Earnings

February 14, 2024 | finance.yahoo.com

Anterix Inc. Reports Third Quarter Fiscal Year 2024 Results

February 14, 2024 | finance.yahoo.com

Anterix Inc (ATEX) Posts Mixed Q3 Fiscal 2024 Results with Notable Spectrum Lease Agreement

February 14, 2024 | prnewswire.com

Anterix Inc. Reports Third Quarter Fiscal Year 2024 Results

February 9, 2024 | msn.com

Paul Saleh Resigns from Anterix Board for Atos CEO Role

February 7, 2024 | finance.yahoo.com

Anterix (ATEX) Expected to Beat Earnings Estimates: What to Know Ahead of Q3 Release

February 6, 2024 | finance.yahoo.com

Zacks Industry Outlook Highlights Anterix, CommScope and Bandwidth

February 5, 2024 | finance.yahoo.com

3 Communication Stocks Set to Ride on Solid Sector Dynamics

January 30, 2024 | finance.yahoo.com

ANTERIX TO RELEASE THIRD-QUARTER EARNINGS FOR FISCAL 2024, HOLD ANALYST AND INVESTOR CONFERENCE CALL

January 12, 2024 | finance.yahoo.com

Anterix (ATEX) Loses -13.76% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner

January 3, 2024 | finance.yahoo.com

ELECTRIC UTILITY INDUSTRY LEADER TOM KUHN JOINS ANTERIX BOARD OF DIRECTORS AS VICE CHAIRMAN

December 14, 2023 | finance.yahoo.com

Anterix (ATEX) Upgraded to Buy: What Does It Mean for the Stock?

December 8, 2023 | finance.yahoo.com

Does Anterix (ATEX) Have the Potential to Rally 62.97% as Wall Street Analysts Expect?

See More Headlines

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Company Calendar

Last Earnings: 2/14/2024
Today: 4/18/2024
Next Earnings (Estimated): 6/12/2024
Fiscal Year End: 3/31/2025

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Computer and Technology
Industry: Telephone communication, except radio
Sub-Industry: N/A
Current Symbol: NASDAQ:ATEX
CUSIP: N/A
CIK: 1304492
Web: www.anterix.com
Phone: (973) 771-0300
Fax: 888-858-6245
Employees: 82
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $58.00
High Stock Price Target: $75.00
Low Stock Price Target: $41.00
Potential Upside/Downside: +82.3%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.50
Research Coverage: 2 Analysts

Profitability

EPS (Most Recent Fiscal Year): $0.84
Trailing P/E Ratio: 37.88
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-16,320,000.00
Net Margins: 447.16%
Pretax Margin: 514.41%
Return on Equity: -17.22%
Return on Assets: -10.54%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 4.51
Quick Ratio: 4.51

Sales & Book Value

Annual Sales: $1.92 million
Price / Sales: 306.93
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $9.53 per share
Price / Book: 3.34

Miscellaneous

Outstanding Shares: 18,520,000
Free Float: 12,647,000
Market Cap: $589.31 million
Optionable: Optionable
Beta: 0.68

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Key Executives

Mr. Morgan E. O'Brien (Age 79)
Executive Chairman
Comp: $433.15k
Mr. Robert H. Schwartz (Age 57)
President, CEO & Director
Comp: $731.07k
Mr. Christopher Guttman-McCabe (Age 55)
Chief Regulatory & Communications Officer
Comp: $575.02k
Mr. Timothy A. Gray (Age 54)
Chief Financial Officer
Comp: $419.95k
Mr. Ryan Gerbrandt (Age 45)
Chief Operating Officer
Comp: $455.39k
Mr. Carlos Eduardo L'Abbate
Chief Technology Officer
Natasha Vecchiarelli
Vice President of Investor Relations & Corporate Communications
Ms. Gena L. Ashe (Age 62)
Chief Legal Officer & Corporate Secretary
Mr. Rafael Sulit
Vice President of Marketing
Mr. Richard J. Creegan
Vice President of Sales

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

ATEX Stock Analysis - Frequently Asked Questions

Should I buy or sell Anterix stock right now?: 2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Anterix in the last year. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" ATEX shares.
View ATEX analyst ratings or view top-rated stocks.
What is Anterix's stock price target for 2024?: 2 Wall Street research analysts have issued twelve-month target prices for Anterix's stock. Their ATEX share price targets range from $41.00 to $75.00. On average, they predict the company's stock price to reach $58.00 in the next year. This suggests a possible upside of 85.2% from the stock's current price.
View analysts price targets for ATEX or view top-rated stocks among Wall Street analysts.
How have ATEX shares performed in 2024?: Anterix's stock was trading at $33.32 on January 1st, 2024. Since then, ATEX stock has decreased by 6.0% and is now trading at $31.31.
View the best growth stocks for 2024 here.
When is Anterix's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, June 12th 2024.
View our ATEX earnings forecast.
How were Anterix's earnings last quarter?: Anterix Inc. (NASDAQ:ATEX) released its earnings results on Wednesday, February, 14th. The company reported ($0.55) EPS for the quarter, beating the consensus estimate of ($0.61) by $0.06. The firm had revenue of $1.27 million for the quarter, compared to analyst estimates of $1.20 million. Anterix had a negative trailing twelve-month return on equity of 17.22% and a net margin of 447.16%.

What ETF holds Anterix's stock?: SPDR S&P Telecom ETF holds 10,933 shares of ATEX stock, representing 0.66% of its portfolio.
What other stocks do shareholders of Anterix own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Anterix investors own include Pfizer (PFE), AbbVie (ABBV), Advanced Micro Devices (AMD), Cisco Systems (CSCO), International Business Machines (IBM), Micron Technology (MU), Occidental Petroleum (OXY), Stericycle (SRCL) and Applied Optoelectronics (AAOI).
Who are Anterix's major shareholders?: Anterix's stock is owned by many different retail and institutional investors. Top institutional investors include Woodmont Investment Counsel LLC (0.17%) and Los Angeles Capital Management LLC (0.05%). Insiders that own company stock include Christopher Guttman-Mccabe, Elaine Gangeri, Gena L Ashe, Hamid Akhavan, Jeffrey A Altman, Leslie B Daniels, Mahvash Yazdi, Morgan E Obrien, Robert Harris Schwartz, Ryan Gerbrandt and Timothy Gray.
View institutional ownership trends.
How do I buy shares of Anterix?: Shares of ATEX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:ATEX) was last updated on 4/18/2024 by MarketBeat.com Staff

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Anterix (ATEX) Stock Price, News & Analysis

Anterix MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Anterix Stock (NASDAQ:ATEX)

ATEX Stock Price History

ATEX Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders & Institutions

ATEX Stock Analysis - Frequently Asked Questions

Overall MarketRank^™