News stories about ATN International (NASDAQ:ATNI) have been trending positive this week, according to Accern. The research firm scores the sentiment of press coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. ATN International earned a media sentiment score of 0.27 on Accern’s scale. Accern also gave news articles about the technology company an impact score of 44.3330013198675 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
A number of brokerages have issued reports on ATNI. BidaskClub upgraded ATN International from a “strong sell” rating to a “sell” rating in a research report on Tuesday, March 6th. Sidoti upgraded ATN International from a “neutral” rating to a “buy” rating and set a $70.00 price objective on the stock in a research report on Monday, January 8th. ValuEngine downgraded ATN International from a “hold” rating to a “sell” rating in a research report on Friday, February 2nd. Finally, TheStreet upgraded ATN International from a “d+” rating to a “c-” rating in a research report on Monday, January 8th. One research analyst has rated the stock with a sell rating, three have issued a hold rating and one has assigned a buy rating to the stock. The company presently has an average rating of “Hold” and an average price target of $63.50.
Shares of NASDAQ ATNI opened at $66.22 on Tuesday. The company has a current ratio of 2.12, a quick ratio of 2.03 and a debt-to-equity ratio of 0.17. ATN International has a fifty-two week low of $49.50 and a fifty-two week high of $73.99. The company has a market capitalization of $1,020.51, a PE ratio of 30.38 and a beta of 0.48.
ATN International (NASDAQ:ATNI) last issued its quarterly earnings results on Wednesday, February 21st. The technology company reported $0.69 earnings per share for the quarter, topping the consensus estimate of ($0.18) by $0.87. ATN International had a return on equity of 4.38% and a net margin of 6.54%. The firm had revenue of $107.70 million for the quarter, compared to the consensus estimate of $102.81 million. equities research analysts anticipate that ATN International will post -0.09 earnings per share for the current year.
The firm also recently declared a quarterly dividend, which was paid on Friday, April 6th. Stockholders of record on Saturday, March 31st were issued a $0.17 dividend. The ex-dividend date of this dividend was Wednesday, March 28th. This represents a $0.68 annualized dividend and a dividend yield of 1.03%. ATN International’s payout ratio is 31.19%.
In other news, SVP Leonard Q. Slap sold 1,396 shares of the stock in a transaction that occurred on Monday, March 5th. The stock was sold at an average price of $62.00, for a total value of $86,552.00. Following the sale, the senior vice president now directly owns 26,572 shares in the company, valued at $1,647,464. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, CFO Justin D. Benincasa sold 6,106 shares of the stock in a transaction that occurred on Tuesday, March 13th. The stock was sold at an average price of $59.01, for a total value of $360,315.06. Following the completion of the sale, the chief financial officer now owns 57,396 shares in the company, valued at $3,386,937.96. The disclosure for this sale can be found here. Over the last quarter, insiders sold 17,179 shares of company stock worth $1,031,563. Company 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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