Earnings results for Anterix Inc (NASDAQ:ATEX)
Estimate Momentum measures change in analyst sentiment over time and may be an indicator of future price movements. The Change in Consensus chart shows the current, 1 week ago, and 1 month ago consensus earnings per share (EPS*) forecasts. For the fiscal quarter endingMar 2020 , the consensus EPS* forecast has decreased over the past week from -0.51 to -0.56(9.80%) and decreased over the past month from -0.51 to -0.56(9.80%). none raised and none lowered their forecast. For the fiscal year ending Mar 2020 , the consensus EPS* forecast has decreased over the past week from -2.01 to -2.16(-0.51) and remained the same over the past month at -2.01 . none raised and none lowered their forecast.
Anterix last issued its quarterly earnings results on May 28th, 2020. The reported ($0.68) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.52) by $0.16. Anterix has generated ($2.88) earnings per share over the last year. Anterix has not formally confirmed its next earnings publication date, but the company’s estimated earnings date is Monday, June 29th, 2020 based off prior year’s report dates.
Analyst Opinion on Anterix Inc (NASDAQ:ATEX)
4 Wall Street analysts have issued ratings and price targets for Anterix in the last 12 months. Their average twelve-month price target is $61.25, suggesting that the stock has a possible upside of 35.48%. The high price target for ATEX is $75.00 and the low price target for ATEX is $51.00. There are currently 2 hold ratings and 2 buy ratings for the stock, resulting in a consensus rating of “Buy.”
Anterix has received a consensus rating of Buy. The company’s average rating score is 2.50, and is based on 2 buy ratings, 2 hold ratings, and no sell ratings. According to analysts’ consensus price target of $61.25, Anterix has a potential upside of 35.5% from its current price of $45.21. Anterix has only been the subject of 1 research reports in the past 90 days.
Dividend Strength: Anterix Inc (NASDAQ:ATEX)
Anterix does not currently pay a dividend. Anterix does not have a long track record of dividend growth.
Insiders buying/selling: Anterix Inc (NASDAQ:ATEX)
In the past three months, Anterix insiders have bought 1,450.58% more of their company’s stock than they have sold. Specifically, they have bought $10,816,000.00 in company stock and sold $697,544.00 in company stock. Only 6.74% of the stock of Anterix is held by insiders.
Earnings and Valuation of Anterix Inc (NASDAQ:ATEX
Earnings for Anterix are expected to grow in the coming year, from ($2.16) to ($1.95) per share. The P/E ratio of Anterix is -20.00, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. The P/E ratio of Anterix is -20.00, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. Anterix has a P/B Ratio of 2.74. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.
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