Atlas Energy Solutions Inc. (NYSE:AESI) Receives $18.57 Consensus Price Target from Analysts

Shares of Atlas Energy Solutions Inc. (NYSE:AESIGet Free Report) have been given a consensus recommendation of “Hold” by the ten ratings firms that are currently covering the company, Marketbeat.com reports. Three equities research analysts have rated the stock with a sell rating, three have issued a hold rating and four have assigned a buy rating to the company. The average 1 year target price among analysts that have issued ratings on the stock in the last year is $20.00.

AESI has been the topic of several recent research reports. Piper Sandler raised their target price on shares of Atlas Energy Solutions from $13.00 to $19.00 and gave the stock a “neutral” rating in a report on Monday, May 18th. Citigroup raised their target price on shares of Atlas Energy Solutions from $18.00 to $22.00 and gave the stock a “buy” rating in a report on Tuesday, May 12th. Stifel Nicolaus set a $28.00 target price on shares of Atlas Energy Solutions in a report on Friday, May 1st. Royal Bank Of Canada raised their target price on shares of Atlas Energy Solutions from $14.00 to $20.00 and gave the stock a “sector perform” rating in a report on Wednesday, May 6th. Finally, The Goldman Sachs Group raised their target price on shares of Atlas Energy Solutions from $9.00 to $14.00 and gave the stock a “sell” rating in a report on Wednesday.

Get Our Latest Stock Analysis on AESI

Atlas Energy Solutions Stock Down 8.5%

Atlas Energy Solutions stock opened at $16.71 on Tuesday. The stock has a market cap of $2.09 billion, a P/E ratio of -21.15 and a beta of 1.02. The company has a quick ratio of 0.94, a current ratio of 1.17 and a debt-to-equity ratio of 0.51. Atlas Energy Solutions has a twelve month low of $7.64 and a twelve month high of $20.13. The company’s 50-day moving average price is $15.97 and its two-hundred day moving average price is $12.57.

Hedge Funds Weigh In On Atlas Energy Solutions

Hedge funds have recently bought and sold shares of the company. Thrivent Financial for Lutherans boosted its position in shares of Atlas Energy Solutions by 1.7% during the 2nd quarter. Thrivent Financial for Lutherans now owns 53,631 shares of the company’s stock worth $717,000 after acquiring an additional 874 shares in the last quarter. Cetera Investment Advisers boosted its position in shares of Atlas Energy Solutions by 6.9% during the 1st quarter. Cetera Investment Advisers now owns 21,094 shares of the company’s stock worth $277,000 after acquiring an additional 1,357 shares in the last quarter. Citizens Financial Group Inc. RI boosted its position 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 acquiring an additional 1,364 shares in the last quarter. Alliancebernstein L.P. boosted its position in shares of Atlas Energy Solutions by 2.1% during the 3rd quarter. Alliancebernstein L.P. now owns 72,580 shares of the company’s stock worth $825,000 after acquiring an additional 1,500 shares in the last quarter. Finally, Comerica Bank boosted its position in shares of Atlas Energy Solutions by 2.2% during the 3rd quarter. Comerica Bank now owns 70,197 shares of the company’s stock worth $798,000 after acquiring an additional 1,504 shares in the last quarter. 34.59% of the stock is owned by institutional investors.

Atlas Energy Solutions Company Profile

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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.

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Analyst Recommendations for Atlas Energy Solutions (NYSE:AESI)

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