Atlas Energy Solutions (NYSE:AESI – Get Free Report) had its price objective lifted by equities research analysts at Scotiabank from $17.00 to $18.00 in a report issued on Wednesday, Benzinga reports. The brokerage presently has a “sector outperform” rating on the stock. Scotiabank‘s price target suggests a potential upside of 168.10% from the company’s current price.
Other analysts have also recently issued reports about the company. Royal Bank Of Canada reduced their price target on Atlas Energy Solutions from $16.00 to $13.00 and set a “sector perform” rating on the stock in a report on Wednesday. Stifel Nicolaus dropped their price objective on shares of Atlas Energy Solutions from $28.00 to $25.00 and set a “buy” rating for the company in a report on Thursday, August 6th. Citigroup cut their target price on shares of Atlas Energy Solutions from $21.00 to $17.00 and set a “buy” rating on the stock in a research report on Thursday, September 3rd. Barclays reduced their target price on shares of Atlas Energy Solutions from $14.00 to $13.00 and set an “equal weight” rating on the stock in a report on Thursday, October 15th. Finally, Stephens reduced their target price on shares of Atlas Energy Solutions from $22.00 to $20.00 and set an “overweight” rating on the stock in a report on Monday, October 5th. Six research analysts have rated the stock with a Buy rating, three have given a Hold rating and three have assigned a Sell rating to the company. According to MarketBeat.com, Atlas Energy Solutions has an average rating of “Hold” and a consensus price target of $16.90.
Read Our Latest Report on Atlas Energy Solutions
Atlas Energy Solutions Price Performance
NYSE:AESI traded down $1.43 on Wednesday, hitting $6.71. The company had a trading volume of 9,221,394 shares, compared to its average volume of 3,635,316. The stock has a market capitalization of $839.25 million, a price-to-earnings ratio of -5.99 and a beta of 1.29. The company has a current ratio of 1.82, a quick ratio of 1.58 and a debt-to-equity ratio of 0.87. The firm has a 50 day moving average of $11.68 and a two-hundred day moving average of $13.34. Atlas Energy Solutions has a 52 week low of $6.63 and a 52 week high of $20.13.
Atlas Energy Solutions (NYSE:AESI – Get Free Report) last posted its earnings results on Monday, November 2nd. The company reported ($0.36) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.24) by ($0.12). Atlas Energy Solutions had a negative return on equity of 12.15% and a negative net margin of 12.98%. The company had revenue of $267.78 million for the quarter, compared to the consensus estimate of $265.32 million. During the same period in the previous year, the firm posted ($0.19) EPS. The business’s quarterly revenue was up 3.1% compared to the same quarter last year. On average, research analysts anticipate that Atlas Energy Solutions will post -0.95 earnings per share for the current year.
Institutional Investors Weigh In On Atlas Energy Solutions
Several large investors have recently modified their holdings of AESI. Dimensional Fund Advisors LP increased its holdings in Atlas Energy Solutions by 12.6% in the first quarter. Dimensional Fund Advisors LP now owns 1,502,480 shares of the company’s stock worth $19,713,000 after purchasing an additional 167,758 shares in the last quarter. Bank of New York Mellon Corp bought a new position in shares of Atlas Energy Solutions during the 2nd quarter worth approximately $7,765,000. Encompass Capital Advisors LLC bought a new position in shares of Atlas Energy Solutions during the 1st quarter worth approximately $119,854,000. Readystate Asset Management LP acquired a new stake in shares of Atlas Energy Solutions during the 1st quarter worth approximately $1,459,000. Finally, Assenagon Asset Management S.A. acquired a new stake in shares of Atlas Energy Solutions during the 2nd quarter worth approximately $3,502,000. 34.59% of the stock is currently owned by institutional investors and hedge funds.
More Atlas Energy Solutions News
Here are the key news stories impacting Atlas Energy Solutions this week:
- Positive Sentiment: Third-quarter revenue was $267.8 million, slightly ahead of estimates and up 3.1% year over year. The company also reported positive operating cash flow and adjusted free cash flow. Atlas Energy Solutions Announces Third Quarter 2026 Results
- Positive Sentiment: Management outlined fourth-quarter adjusted EBITDA of $40 million to $50 million and is targeting late 2027 for first power from two data-center projects. These initiatives offer potential growth beyond the company’s core business, though the power contribution is several years away. Atlas Energy outlines Q4 EBITDA range and data-center project timeline
- Neutral Sentiment: Piper Sandler and RBC lowered their AESI price targets to $13 from $15 and $16, respectively, but kept neutral or sector-perform ratings. The cuts indicate more cautious expectations, while the targets remain above the recent share price. Piper Sandler rating information
- Negative Sentiment: AESI reported a third-quarter loss of $0.36 per share, wider than analysts’ expected loss of about $0.24, and worse than the year-earlier loss. The earnings shortfall and ongoing margin pressure likely overshadowed the revenue beat. Atlas Energy Solutions third-quarter earnings
Atlas Energy Solutions Company Profile
Atlas Energy Solutions Inc (NYSE:AESI) is an energy-services company that supplies proppant and logistics solutions to oil and natural gas producers. Its primary products include frac sand, which is used in hydraulic fracturing to help keep underground rock fractures open and improve the flow of hydrocarbons.
The company operates sand mines, processing facilities, and related infrastructure in the Permian Basin of West Texas. In addition to producing and selling proppant, Atlas provides transportation, storage, and last-mile delivery services designed to move sand from its facilities to well sites.
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