Press coverage about ATN International (NASDAQ:ATNI) has trended somewhat positive this week, according to Accern. The research firm ranks the sentiment of press coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. ATN International earned a media sentiment score of 0.05 on Accern’s scale. Accern also assigned headlines about the technology company an impact score of 45.3993939033841 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
Several research firms have weighed in on ATNI. TheStreet upgraded ATN International from a “d+” rating to a “c-” rating in a research note on Monday. Zacks Investment Research upgraded ATN International from a “sell” rating to a “hold” rating in a research note on Wednesday, September 27th. Sidoti upgraded ATN International from a “neutral” rating to a “buy” rating and set a $70.00 target price for the company in a research report on Monday. Finally, BidaskClub downgraded ATN International from a “hold” rating to a “sell” rating in a research report on Tuesday, December 12th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and one has given a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average target price of $63.50.
Shares of ATN International (NASDAQ ATNI) opened at $60.37 on Friday. ATN International has a twelve month low of $49.50 and a twelve month high of $82.59. The firm has a market capitalization of $981.82, a price-to-earnings ratio of -95.83 and a beta of 0.61. The company has a current ratio of 1.93, a quick ratio of 1.84 and a debt-to-equity ratio of 0.19.
ATN International (NASDAQ:ATNI) last released its quarterly earnings results on Monday, October 30th. The technology company reported $0.73 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.55 by $0.18. ATN International had a positive return on equity of 3.34% and a negative net margin of 1.93%. The company had revenue of $122.13 million for the quarter, compared to analyst estimates of $123.92 million. equities analysts forecast that ATN International will post -0.93 earnings per share for the current fiscal year.
The firm also recently announced a quarterly dividend, which was paid on Monday, January 8th. Shareholders of record on Sunday, December 31st were paid a $0.17 dividend. The ex-dividend date of this dividend was Thursday, December 28th. This represents a $0.68 dividend on an annualized basis and a yield of 1.13%. ATN International’s payout ratio is -107.94%.
In other news, VP William F. Kreisher sold 2,000 shares of the firm’s stock in a transaction on Monday, November 20th. The stock was sold at an average price of $54.61, for a total transaction of $109,220.00. Following the transaction, the vice president now owns 46,722 shares in the company, valued at $2,551,488.42. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Michael T. Prior sold 7,355 shares of the firm’s stock in a transaction on Wednesday, December 13th. The shares were sold at an average price of $55.36, for a total value of $407,172.80. Following the transaction, the insider now owns 387,247 shares in the company, valued at approximately $21,437,993.92. The disclosure for this sale can be found here. In the last quarter, insiders sold 13,534 shares of company stock worth $765,963. Insiders own 32.70% of the company’s stock.
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ATN International Company Profile
ATN International, Inc (ATN), formerly Atlantic Tele-Network, Inc, is a holding company. The Company’s segments include U.S. Telecom, International Telecom and Renewable Energy. In the United States, it provides wholesale wireless voice and data roaming services in rural markets to national, regional, local and selected international wireless carriers.
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