Litchfield Hills Research Comments on AtlasClear Q1 Earnings

AtlasClear Holdings, Inc. (NYSEAMERICAN:ATCH) – Equities research analysts at Litchfield Hills Research reduced their Q1 2027 earnings estimates for shares of AtlasClear in a research report issued on Monday, June 15th. Litchfield Hills Research analyst B. Sine now forecasts that the company will earn ($0.02) per share for the quarter, down from their prior forecast of ($0.01). Litchfield Hills Research currently has a “Buy” rating and a $1.00 price objective on the stock. The consensus estimate for AtlasClear’s current full-year earnings is $0.02 per share. Litchfield Hills Research also issued estimates for AtlasClear’s Q2 2027 earnings at ($0.02) EPS, Q3 2027 earnings at ($0.02) EPS and FY2027 earnings at ($0.06) EPS.

AtlasClear (NYSEAMERICAN:ATCH) last announced its earnings results on Wednesday, May 13th. The company reported ($0.01) earnings per share (EPS) for the quarter. AtlasClear had a return on equity of 24.89% and a net margin of 16.82%.The business had revenue of $2.79 million for the quarter.

Separately, Zacks Research upgraded shares of AtlasClear to a “hold” rating in a research report on Tuesday, April 7th. One analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, AtlasClear currently has a consensus rating of “Moderate Buy” and an average target price of $1.00.

AtlasClear Trading Up 1.0%

Shares of NYSEAMERICAN:ATCH opened at $0.20 on Wednesday. The company’s 50 day moving average price is $0.24 and its two-hundred day moving average price is $0.25. AtlasClear has a 12-month low of $0.14 and a 12-month high of $1.92. The company has a debt-to-equity ratio of 0.61, a quick ratio of 1.52 and a current ratio of 1.52.

Hedge Funds Weigh In On AtlasClear

A number of hedge funds have recently modified their holdings of ATCH. Diversify Wealth Management LLC acquired a new position in shares of AtlasClear during the third quarter worth $31,000. Prospera Financial Services Inc acquired a new position in shares of AtlasClear during the third quarter worth $63,000. Virtu Financial LLC raised its stake in AtlasClear by 44.1% during the fourth quarter. Virtu Financial LLC now owns 400,289 shares of the company’s stock worth $100,000 after buying an additional 122,410 shares during the last quarter. HighTower Advisors LLC raised its stake in AtlasClear by 42.8% during the fourth quarter. HighTower Advisors LLC now owns 813,900 shares of the company’s stock worth $204,000 after buying an additional 243,900 shares during the last quarter. Finally, Jane Street Group LLC lifted its holdings in shares of AtlasClear by 1,823.2% in the 4th quarter. Jane Street Group LLC now owns 921,251 shares of the company’s stock worth $231,000 after purchasing an additional 873,348 shares in the last quarter. Institutional investors and hedge funds own 47.57% of the company’s stock.

AtlasClear Company Profile

AtlasClear, Inc (NYSE American: ATCH) is a financial technology and market-services company focused on the execution and clearing of equity-linked derivatives in the United States. Through its registered broker-dealer and clearing subsidiary, Atlas Clearing, LLC, the firm operates a dedicated trading venue for covered warrants and warrant-like instruments. The platform is designed to deliver efficient trade execution, enhanced liquidity and robust price discovery for institutional investors.

The company’s core offerings include proprietary market-making strategies, electronic order matching and centralized post-trade clearing services.