Atlas (NYSE: ATCO) is one of 52 public companies in the “Deep sea foreign transportation of freight” industry, but how does it weigh in compared to its competitors? We will compare Atlas to related companies based on the strength of its valuation, institutional ownership, risk, analyst recommendations, profitability, earnings and dividends.
Insider & Institutional Ownership
59.9% of Atlas shares are held by institutional investors. Comparatively, 57.5% of shares of all “Deep sea foreign transportation of freight” companies are held by institutional investors. 17.0% of shares of all “Deep sea foreign transportation of freight” companies are held by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company will outperform the market over the long term.
Atlas has a beta of 0.94, suggesting that its stock price is 6% less volatile than the S&P 500. Comparatively, Atlas’ competitors have a beta of -5.51, suggesting that their average stock price is 651% less volatile than the S&P 500.
Earnings and Valuation
This table compares Atlas and its competitors top-line revenue, earnings per share and valuation.
|Gross Revenue||Net Income||Price/Earnings Ratio|
|Atlas||$1.13 billion||$439.10 million||12.45|
|Atlas Competitors||$406.73 million||$14.34 million||0.05|
Atlas has higher revenue and earnings than its competitors. Atlas is trading at a higher price-to-earnings ratio than its competitors, indicating that it is currently more expensive than other companies in its industry.
This is a breakdown of current recommendations for Atlas and its competitors, as reported by MarketBeat.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
As a group, “Deep sea foreign transportation of freight” companies have a potential upside of 74.73%. Given Atlas’ competitors higher possible upside, analysts clearly believe Atlas has less favorable growth aspects than its competitors.
This table compares Atlas and its competitors’ net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
Atlas pays an annual dividend of $0.50 per share and has a dividend yield of 5.1%. Atlas pays out 64.1% of its earnings in the form of a dividend. As a group, “Deep sea foreign transportation of freight” companies pay a dividend yield of 8.2% and pay out 51.8% of their earnings in the form of a dividend. Atlas has raised its dividend for 1 consecutive years. Atlas lags its competitors as a dividend stock, given its lower dividend yield and higher payout ratio.
Atlas beats its competitors on 8 of the 12 factors compared.
Atlas Corp. operates as an asset manager and operator. The company, through its subsidiaries, operates as an independent charter owner and manager of containerships. The company charters its containerships under long-term and fixed-rate time charters to various container liner companies. As of March 10, 2020, it operated a fleet of 118 containerships. It also provides fast-track mobile turbine power to various industries. In addition, the company plans, finances, constructs, and commissions permanent power plants. Further, it provides customized turnkey solutions comprising plant design, fast-track installation, balance of plant, and decommissioning. Atlas Corp. was incorporated in 2019 and is based in Vancouver, Canada.
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