With 1.49 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.5 million shares. The 52-week range on ATAT shows that it touched its highest point at $33.31 and its lowest point at $15.22 during that stretch. It currently has a 1-year price target of $36.58. With its current market cap of 3.23 billion, ATAT has annualized dividend of $0.45 while the current yield stands at 1.58%. Beta for the stock currently stands at 0.62.
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 ATAT was up-trending over the past week, with a rise of 15.88%, but this was up by 23.74% over a month. Three-month performance surged to 3.60% while six-month performance rose 6.67%. The stock gained 51.54% in the past year, while it has gained 5.84% so far this year. A look at the trailing 12-month EPS for ATAT yields 1.27 with Next year EPS estimates of 1.97. For the next quarter, that number is 0.31. This implies an EPS growth rate of 25.66% for this year and 22.92% for next year. EPS is expected to grow by 22.73% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 140.31%.
Float and Shares Shorts:
At present, 113.63 million ATAT shares are outstanding with a float of 109.09 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for ATAT since 3 analysts follow the stock currently. There are 3 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 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.
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 $7.49052 being high and $7.37066 being low. For ATAT, this leads to a yearly average estimate of $7.43059. Based on analyst estimates, the high estimate for the next quarter is $3.17 and the low estimate is $3.17. The average estimate for the next quarter is thus $3.17.
