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

Atlas Energy Solutions (NYSE:AESI) had its target price decreased by Stifel Nicolaus from $28.00 to $25.00 in a research note published on Thursday morning, Marketbeat reports. Stifel Nicolaus currently has a buy rating on the stock.

A number of other equities analysts have also recently commented on the company. Citigroup decreased their price target on Atlas Energy Solutions from $22.00 to $21.00 and set a “buy” rating on the stock in a research note on Wednesday, July 15th. The Goldman Sachs Group increased their price objective on Atlas Energy Solutions from $9.00 to $14.00 and gave the company a “sell” rating in a research note on Wednesday, June 3rd. 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. Royal Bank Of Canada decreased their target price on shares of Atlas Energy Solutions from $21.00 to $17.00 and set a “sector perform” rating on the stock in a research note on Wednesday. Finally, Weiss Ratings upgraded shares of Atlas Energy Solutions from a “sell (d)” rating to a “sell (d+)” rating in a report on Friday, June 5th. Four investment analysts have rated the stock with a Buy rating, three have given a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $18.12.

Atlas Energy Solutions Trading Up 1.8%

NYSE AESI opened at $11.27 on Thursday. Atlas Energy Solutions has a 1-year low of $7.64 and a 1-year high of $20.13. The company has a current ratio of 1.82, a quick ratio of 0.94 and a debt-to-equity ratio of 0.87. The stock has a 50-day moving average of $14.65 and a 200-day moving average of $14.07. The firm has a market cap of $1.41 billion, a PE ratio of -11.87 and a beta of 1.13.

Hedge Funds Weigh In On Atlas Energy Solutions

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Encompass Capital Advisors LLC purchased a new stake in shares of Atlas Energy Solutions in the 1st quarter worth about $119,854,000. Millennium Management LLC increased its position in shares of Atlas Energy Solutions by 3,783.3% during the fourth quarter. Millennium Management LLC now owns 1,883,042 shares of the company’s stock valued at $17,738,000 after buying an additional 1,834,551 shares during the period. Wasatch Advisors LP bought a new position in Atlas Energy Solutions in the second quarter worth about $30,468,000. UBS Group AG raised its stake in Atlas Energy Solutions by 139.6% in the fourth quarter. UBS Group AG now owns 2,170,655 shares of the company’s stock worth $20,448,000 after buying an additional 1,264,530 shares in the last quarter. Finally, Nixon Capital LLC purchased a new stake in Atlas Energy Solutions in the fourth quarter worth about $11,284,000. Institutional investors own 34.59% of the company’s stock.

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.