During the last session, ATI Physical Therapy Inc (NYSE:ATIP)’s traded shares were 0.49 million, with the beta value of the company hitting 0.24. At the end of the trading day, the stock’s price was $1.82, reflecting an intraday gain of 20.53% or $0.31. The 52-week high for the ATIP share is $7.93, that puts it down -335.71 from that peak though still a striking 19.23% gain since the share price plummeted to a 52-week low of $1.47. The company’s market capitalization is $8.03M, and the average intraday trading volume over the past 10 days was 49400.0 shares, and the average trade volume was 24.01K shares over the past three months.
ATI Physical Therapy Inc (ATIP) received a consensus recommendation of Hold from analysts. That translates to a mean rating of 3.00. ATIP has a Sell rating from 0 analyst(s) out of 1 analysts who have looked at this stock. 1 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 0 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be 0.
ATI Physical Therapy Inc (NYSE:ATIP) trade information
ATI Physical Therapy Inc (ATIP) registered a 20.53% upside in the last session and has traded in the red over the past 5 sessions. The stock spiked 20.53% in intraday trading to $1.82, hitting a weekly high. The stock’s 5-day price performance is -10.34%, and it has moved by -68.78% in 30 days. Based on these gigs, the overall price performance for the year is -75.73%. The short interest in ATI Physical Therapy Inc (NYSE:ATIP) is 12695.0 shares and it means that shorts have 0.9 day(s) to cover.
The consensus price target of analysts on Wall Street is $103.75, which implies an increase of 98.25% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $32.5 and $175 respectively. As a result, ATIP is trading at a discount of -9515.38% off the target high and -1685.71% off the low.
ATI Physical Therapy Inc (ATIP) estimates and forecasts
In the rating firms’ projections, revenue will increase 6.64% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 185.91M as predicted by 2 analyst(s). Meanwhile, a consensus of 1 analyst(s) estimates revenue growth to 193.5M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 182.29M and 181.47M respectively. In this case, analysts expect current quarter sales to grow by 1.98% and then jump by 6.63% in the coming quarter.
While earnings are projected to return 45.16% in 2024, the next five years will return 12.00% per annum.
ATIP Dividends
ATI Physical Therapy Inc is due to release its next quarterly earnings in December. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
ATI Physical Therapy Inc (NYSE:ATIP)’s Major holders
ATI Physical Therapy Inc insiders own 2.63% of total outstanding shares while institutional holders control 67.33%, with the float percentage being 69.15%.
Also, the Mutual Funds coming in first place with the largest holdings of ATI Physical Therapy Inc (ATIP) shares are Vanguard Total Stock Market Index Fund and Vanguard Extended Market Index Fund . Data provided on Jun 30, 2024 indicates that Vanguard Total Stock Market Index Fund owns about 49.71 shares. This amounts to just over 1.13 percent of the company’s overall shares, with a $90477.0 market value. The same data shows that the other fund manager holds slightly less at 15.66, or about 0.36% of the stock, which is worth about $28504.0.
