In last trading session, ATI Physical Therapy Inc. (NYSE:ATIP) saw 1.2 million shares changing hands with its beta currently measuring 0. Company’s recent per share price level of $3.04 trading at $0.11 or 3.75% at ring of the bell on the day assigns it a market valuation of $584.26M. That closing price of ATIP’s stock is at a discount of -329.28% from its 52-week high price of $13.05 and is indicating a premium of 12.5% from its 52-week low price of $2.66. Taking a look at company’s average trading volume of 2.03 million if we extend that period to 3-months.
For ATI Physical Therapy Inc. (ATIP), analysts’ consensus is at an average recommendation of a Hold while assigning it a mean rating of 3.00. Splitting up the data highlights that, out of 5 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 5 suggested the stock as a Hold whereas 0 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -$0.08 in the current quarter.
ATI Physical Therapy Inc. (NYSE:ATIP) trade information
Upright in the green during last session for gaining 3.75%, in the last five days ATIP remained trading in the green while hitting it’s week-highest on Thursday, 01/13/22 when the stock touched $3.04 price level, adding 4.4% to its value on the day. ATI Physical Therapy Inc.’s shares saw a change of -10.32% in year-to-date performance and have moved 0.33% in past 5-day. ATI Physical Therapy Inc. (NYSE:ATIP) showed a performance of -6.75% in past 30-days.
Wall Street analysts have assigned a consensus price target of $4.33 to the stock, which implies a rise of 29.79% to its current value. Analysts have been projecting $3.50 as a low price target for the stock while placing it at a high target of $6.00. It follows that stock’s current price would drop -97.37% in reaching the projected high whereas dropping to the targeted low would mean a loss of -15.13% for stock’s current value.
ATI Physical Therapy Inc. (ATIP) estimates and forecasts
4 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of $156.36 million for the same. And 3 analysts are in estimates of company making revenue of $156.97 million in the next quarter that will end on Mar 2022.
ATI Physical Therapy Inc. is more likely to be releasing its next quarterly report on November 09 and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.
ATI Physical Therapy Inc. (NYSE:ATIP)’s Major holders
Insiders are in possession of 2.13% of company’s total shares while institution are holding 87.72 percent of that, with stock having share float percentage of 89.63%. Investors also watch the number of corporate investors in a company very closely, which is 87.72% institutions for ATI Physical Therapy Inc. that are currently holding shares of the company. Advent International Corporation is the top institutional holder at ATIP for having 115.83 million shares of worth $440.16 million. And as of Sep 29, 2021, it was holding 58.72% of the company’s outstanding shares.
The second largest institutional holder is Fortress Investment Group LLC, which was holding about 16.02 million shares on Sep 29, 2021. The number of shares represents firm’s hold over 8.12% of outstanding shares, having a total worth of $60.9 million.
On the other hand, Vanguard Total Stock Market Index Fund and Vanguard Extended Market Index Fund are the top two Mutual Funds which own company’s shares. As of Sep 29, 2021, the former fund manager was holding 0.99 million shares of worth $3.77 million or 0.50% of the total outstanding shares. The later fund manager was in possession of 0.53 million shares on Sep 29, 2021, making its stake of worth around $2.03 million in the company or a holder of 0.27% of company’s stock.