Atlas Energy Solutions (NYSE:AESI) Price Target Lowered to $25.00 at Stifel Nicolaus

Atlas Energy Solutions (NYSE:AESI) had its price target cut by investment analysts at Stifel Nicolaus from $28.00 to $25.00 in a note issued to investors on Thursday,Benzinga reports. The firm presently has a “buy” rating on the stock. Stifel Nicolaus’ target price indicates a potential upside of 132.13% from the company’s current price.

Several other brokerages have also issued reports on AESI. Citigroup dropped their target price on shares of Atlas Energy Solutions from $22.00 to $21.00 and set a “buy” rating on the stock in a research report on Wednesday, July 15th. The Goldman Sachs Group lifted their price objective on Atlas Energy Solutions from $9.00 to $14.00 and gave the stock a “sell” rating in a report on Wednesday, June 3rd. Royal Bank Of Canada cut their price objective on Atlas Energy Solutions from $21.00 to $17.00 and set a “sector perform” rating for the company in a research note on Wednesday. Raymond James Financial upgraded Atlas Energy Solutions from a “market perform” rating to an “outperform” rating and set a $25.00 target price on the stock in a research report on Tuesday, June 2nd. Finally, Piper Sandler boosted their price target on Atlas Energy Solutions from $13.00 to $19.00 and gave the stock a “neutral” rating in a research report on Monday, May 18th. Four analysts have rated the stock with a Buy rating, three have given a Hold rating and three have given a Sell rating to the company’s stock. According to MarketBeat, Atlas Energy Solutions has a consensus rating of “Hold” and an average price target of $18.88.

Atlas Energy Solutions Price Performance

Atlas Energy Solutions stock traded up $0.10 during trading on Thursday, reaching $10.77. The company had a trading volume of 652,321 shares, compared to its average volume of 3,636,349. The firm has a market capitalization of $1.35 billion, a PE ratio of -11.28 and a beta of 1.13. The firm’s 50-day simple moving average is $14.88 and its 200 day simple moving average is $14.08. The company has a debt-to-equity ratio of 0.82, a quick ratio of 0.94 and a current ratio of 1.82. Atlas Energy Solutions has a 1-year low of $7.64 and a 1-year high of $20.13.

Institutional Investors Weigh In On Atlas Energy Solutions

A number of institutional investors have recently modified their holdings of the company. Thrivent Financial for Lutherans increased its stake in shares of Atlas Energy Solutions by 1.7% during the second quarter. Thrivent Financial for Lutherans now owns 53,631 shares of the company’s stock worth $717,000 after buying an additional 874 shares during the period. Cetera Investment Advisers increased its holdings in Atlas Energy Solutions by 6.9% in the first quarter. Cetera Investment Advisers now owns 21,094 shares of the company’s stock valued at $277,000 after buying an additional 1,357 shares during the last quarter. Citizens Financial Group Inc. RI raised its stake in Atlas Energy Solutions by 6.0% in the first quarter. Citizens Financial Group Inc. RI now owns 23,966 shares of the company’s stock valued at $314,000 after buying 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 increased its holdings in shares of Atlas Energy Solutions by 2.2% in the 3rd quarter. Comerica Bank now owns 70,197 shares of the company’s stock valued at $798,000 after acquiring an additional 1,504 shares during the last quarter. 34.59% of the stock is owned by institutional investors and hedge funds.

About Atlas Energy Solutions

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.