BWS Financial Analysts Reduce Earnings Estimates for ATN International, Inc. (NASDAQ: ATNI)


ATN International, Inc. (NASDAQ: ATNI – Get Rating) – BWS Financial reduced their Q3 2022 earnings estimates for ATN International in a note issued to investors on Monday, August 1st. BWS Financial analyst H. Khorsand now anticipates that the technology company will post earnings of ($ 0.05) per share for the quarter, down from their prior forecast of $ 0.02. The consensus estimate for ATN International’s current full-year earnings is ($ 0.20) per share. BWS Financial also issued estimates for ATN International’s Q4 2022 earnings at $ 0.02 EPS and FY2022 earnings at ($ 0.12) EPS.

ATN International (NASDAQ: ATNI – Get Rating) last announced its quarterly earnings data on Wednesday, July 27th. The technology company reported ($ 0.11) earnings per share for the quarter, missing the consensus estimate of ($ 0.02) by ($ 0.09). ATN International had a negative net margin of 4.01% and a negative return on equity of 0.31%. During the same period in the prior year, the firm posted $ 0.13 earnings per share.

Separately, StockNews.com raised shares of ATN International from a “sell” rating to a “hold” rating in a research report on Thursday, April 21st.

ATN International Stock Down 1.5%

ATN International stock opened at $ 45.63 on Thursday. The firm’s fifty day moving average price is $ 45.24 and its two-hundred day moving average price is $ 40.92. ATN International has a 1-year low of $ 32.07 and a 1-year high of $ 48.99. The firm has a market capitalization of $ 718.44 million, a price-to-earnings ratio of -22.93 and a beta of 0.19. The company has a current ratio of 1.10, a quick ratio of 1.14 and a debt-to-equity ratio of 0.51.

ATN International Dividend Announcement

The firms also recently announced a quarterly dividend, which was paid on Friday, July 8th. Stockholders of record on Thursday, June 30th were given a dividend of $ 0.17 per share. This represents a $ 0.68 dividend on an annualized basis and a dividend yield of 1.49%. The ex-dividend date was Wednesday, June 29th. ATN International’s payout ratio is -34.17%.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in ATNI. Keeley Teton Advisors LLC acquired a new stake in shares of ATN International in the first quarter valued at approximately $ 247,000. Portland Global Advisors LLC increased its position in ATN International by 36.1% in the second quarter. Portland Global Advisors LLC now owns 11,549 shares of the technology company’s stock worth $ 542,000 after buying an additional 3,064 shares in the last quarter. MetLife Investment Management LLC lifted its stake in shares of ATN International by 39.7% during the 1st quarter. MetLife Investment Management LLC now owns 6,641 shares of the technology company’s stock worth $ 265,000 after acquiring an additional 1,887 shares during the last quarter. Martin & Co. Inc. TN raised its position in shares of ATN International by 5.6% in the 1st quarter. Martin & Co. Inc. TN now owns 22,235 shares of the technology company’s stock valued at $ 887,000 after purchasing an additional 1,175 shares during the last quarter. Finally, State of Tennessee Treasury Department grew its stake in ATN International by 17.9% in the 1st quarter. State of Tennessee Treasury Department now owns 4,164 shares of the technology’s stock valued at $ 166,000 after acquiring an additional 631 shares during the period. 64.40% of the stock is owned by institutional investors.

ATN International Company Profile

(Get Rating)

ATN International, Inc, through its subsidiaries, provides telecommunications services. It operates in three segments: International Telecom, US Telecom, and Renewable Energy. The International Telecom segment provides fixed data and voice; fixed, carrier, managed, and mobility services to customers in Bermuda, the Cayman Islands, Guyana, and the US Virgin Islands, as well as video services in Bermuda, the Cayman Islands, and the US Virgin Islands.

See Also



Receive News & Ratings for ATN International Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for ATN International and related companies with MarketBeat.com’s FREE daily email newsletter.

.

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button

Adblock Detected

Please consider supporting us by disabling your ad blocker