In the latest trading session, 2.24 million ATI Physical Therapy Inc (NYSE:ATIP) shares changed hands as the company’s beta touched 0.14. With the company’s most recent per share price at $2.37 changing hands around $0.69 or 41.02% at last look, the market valuation stands at $10.45M. ATIP’s current price is a discount, trading about -226.58% off its 52-week high of $7.74. The share price had its 52-week low at $1.46, which suggests the last value was 38.4% up since then. When we look at ATI Physical Therapy Inc’s average trading volume, we note the 10-day average is 0.14 million shares, with the 3-month average coming to 42.16K.
Analysts gave the ATI Physical Therapy Inc (ATIP) stock a consensus recommendation rating of Hold, calculated at a mean rating of 3.00. If we narrow down to specifics, the data shows that 0 out of 1 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 1 recommended ATIP as a Hold, 0 felt it is a Buy and 0 rated the stock as Underweight.
ATI Physical Therapy Inc (NYSE:ATIP) trade information
Instantly ATIP is in green as seen in intraday trades today. With action 34.61%, the performance over the past five days has been green. The company’s shares are showing year-to-date downside of -61.41%, with the 5-day performance at 34.61% in the green. However, in the 30-day time frame, ATI Physical Therapy Inc (NYSE:ATIP) is -56.92% down. Looking at the short shares, we see there were 44700.0 shares sold at short interest cover period of 0.96 days.
The consensus price target for the stock as assigned by Wall Street analysts is 103.75, meaning bulls need an upside of 97.72% from its recent market value. According to analyst projections, ATIP’s forecast low is 32.5 with 175 as the target high. To hit the forecast high, the stock’s price needs a -7283.97% plunge from its current level, while the stock would need to soar -1271.31% for it to hit the projected low.
ATI Physical Therapy Inc (ATIP) estimates and forecasts
Data shows that the ATI Physical Therapy Inc share is performing relatively much better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot -50.23% over the past 6 months, a 52.02% in annual growth rate that is considerably higher than the industry average of 16.00%.
The 2024 estimates are for ATI Physical Therapy Inc earnings to increase by 45.16%, but the outlook for the next 5-year period is at 12.00% per year.
ATIP Dividends
ATI Physical Therapy Inc is expected to release its next quarterly earnings report in January.
ATI Physical Therapy Inc (NYSE:ATIP)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 2.63% of ATI Physical Therapy Inc shares while 66.24% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 68.03%.
Among Mutual Funds, the top two as of Jun 30, 2024 were Vanguard Total Stock Market Index Fund and Vanguard Extended Market Index Fund. With 49.71 shares estimated at $0.11 million under it, the former controlled 1.13% of total outstanding shares. On the other hand, Vanguard Extended Market Index Fund held about 0.36% of the shares, roughly 15.66 shares worth around $35552.0.
