Wall Street brokerages expect ATI Physical Therapy, Inc. (NYSE:ATIP) to announce $166.52 million in sales for the current fiscal quarter, Zacks Investment Research reports. Two analysts have issued estimates for ATI Physical Therapy’s earnings, with estimates ranging from $165.80 million to $167.24 million. The business is expected to announce its next quarterly earnings results on Monday, November 15th.
On average, analysts expect that ATI Physical Therapy will report full year sales of $649.94 million for the current fiscal year, with estimates ranging from $647.30 million to $652.58 million. For the next year, analysts anticipate that the business will report sales of $743.95 million, with estimates ranging from $736.00 million to $751.89 million. Zacks’ sales calculations are a mean average based on a survey of sell-side research analysts that follow ATI Physical Therapy.
A number of analysts recently issued reports on ATIP shares. Jefferies Financial Group cut ATI Physical Therapy from a “buy” rating to a “hold” rating and lowered their target price for the stock from $12.00 to $5.00 in a research note on Tuesday, July 27th. Zacks Investment Research raised ATI Physical Therapy from a “sell” rating to a “hold” rating in a research note on Tuesday, September 14th. started coverage on ATI Physical Therapy in a research note on Monday, July 12th. They set a “buy” rating and a $11.00 target price for the company. Citigroup cut ATI Physical Therapy from a “buy” rating to a “neutral” rating and lowered their target price for the stock from $11.00 to $5.00 in a research note on Tuesday, July 27th. Finally, Benchmark cut ATI Physical Therapy from a “buy” rating to a “hold” rating and set a $4.72 target price for the company. in a research note on Tuesday, July 27th. Five analysts have rated the stock with a hold rating and one has issued a buy rating to the company. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $5.94.
NYSE ATIP traded down $0.01 during trading hours on Wednesday, reaching $3.39. 544,597 shares of the company’s stock were exchanged, compared to its average volume of 1,360,706. The business’s 50-day moving average price is $4.59. ATI Physical Therapy has a one year low of $2.81 and a one year high of $13.05. The company has a debt-to-equity ratio of 0.66, a quick ratio of 1.44 and a current ratio of 1.44.
ATI Physical Therapy Company Profile
ATI Physical Therapy, Inc provides outpatient physical therapy services in the United States. It offers physical therapy, workers' comp rehab, sports medicine, hand therapy, women's health, specialty therapies, home health, complimentary injury screenings, and fitness centers through its 900 locations.
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