With 0.14 million shares changed hands, the volume of the stock remained heavier than its average volume of 83190.0 shares. During the session, the Telecom Services company that operates in wider Communication Services sector, reached to the highest price of $16.36 whereas the lowest price it dropped to was $15.23. The 52-week range on ATNI shows that it touched its highest point at $38.96 and its lowest point at $15.80 during that stretch. It currently has a 1-year price target of $32.67. With its current market cap of 245.45 million, ATNI has annualized dividend of $0.96 while the current yield stands at 5.91%. Beta for the stock currently stands at 0.64.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of ATNI was down-trending over the past week, with a drop of -3.39%, but this was down by -13.57% over a month. Three-month performance dropped to -49.39% while six-month performance fell -22.74%. The stock lost -57.95% in the past year, while it has lost -3.39% so far this year. A look at the trailing 12-month EPS for ATNI yields -2.72 with Next year EPS estimates of -0.32. For the next quarter, that number is -0.24. This implies an EPS growth rate of -76.96% for this year and 85.74% for next year.
Float and Shares Shorts:
At present, 15.11 million ATNI shares are outstanding with a float of 10.03 million shares on hand for trading. On 2024-12-13, short shares totaled 0.18 million, which was 115.99999999999999 higher than short shares on 1731628800. In addition to Mr. Michael T. C. Prior J.D. as the firm’s Executive Chairman, Mr. Brad W. Martin serves as its CEO & Director.
Institutional Ownership:
Through their ownership of 0.66950995 of ATNI’s outstanding shares, institutional investors have minority control over the company.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-09-30, ATNI reported revenue of $178451000.0 and operating income of $4551000.0. The EBITDA in the recently reported quarter was $43409000.0 and diluted EPS was -$2.26.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for ATNI since 1 analysts follow the stock currently. There are 0 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 1 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With ATNI analysts setting a high price target of 41.0 and a low target of 27.0, the average target price over the next 12 months is 32.66667. Based on these targets, ATNI could surge 152.46% to reach the target high and rise by 66.26% to reach the target low. Reaching the average price target will result in a growth of 101.15% from current levels.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of -$2.06049 being high and -$2.51501 being low. For ATNI, this leads to a yearly average estimate of -$2.212.
