In the last trading session, 3.67 million ATI Physical Therapy Inc (NYSE:ATIP) shares changed hands as the company’s beta touched 0.14. With the company’s per share price at $1.79 changed hands at $0.11 or 6.55% during last session, the market valuation stood at $7.90M. ATIP’s last price was a discount, traded about -332.4% 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 18.44% 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’s EPS for the current quarter is expected to be 0.
ATI Physical Therapy Inc (NYSE:ATIP) trade information
Instantly ATIP was in green as seen at the end of in last trading. With action 1.70%, the performance over the past five days has been green. The company’s shares are showing year-to-date downside of -70.85%, with the 5-day performance at 1.70% in the green. However, in the 30-day time frame, ATI Physical Therapy Inc (NYSE:ATIP) is -67.45% 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 98.27% from its current 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 -9676.54% plunge from its current level, while the stock would need to soar -1715.64% 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 -62.39% over the past 6 months, a 52.02% in annual growth rate that is considerably higher than the industry average of 16.00%. Year-over-year growth is forecast to reach 6.64% up from the last financial year.
Consensus estimates given by 2 financial analysts project the company’s revenue in the current quarter to hit an average of 185.91M. 1 analysts are of the opinion that ATI Physical Therapy Inc’s revenue for the current quarter will be 193.5M. The company’s revenue for the corresponding quarters a year ago was 182.29M and 181.47M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 1.98%. The estimates for the next quarter sales put growth at 6.63%.
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%.
