Head to Head Review: Atlas (ATCO) vs. Its Peers

Share on StockTwits

Atlas (NYSE: ATCO) is one of 51 publicly-traded companies in the “Deep sea foreign transportation of freight” industry, but how does it contrast to its competitors? We will compare Atlas to similar businesses based on the strength of its analyst recommendations, profitability, earnings, risk, dividends, valuation and institutional ownership.

Analyst Recommendations

This is a breakdown of recent ratings for Atlas and its competitors, as provided by MarketBeat.com.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Atlas 0 0 0 0 N/A
Atlas Competitors 690 1580 1513 60 2.25

As a group, “Deep sea foreign transportation of freight” companies have a potential upside of 79.41%. Given Atlas’ competitors higher possible upside, analysts plainly believe Atlas has less favorable growth aspects than its competitors.

Volatility and Risk

Atlas has a beta of 1, meaning that its share price has a similar volatility profile to the S&P 500.Comparatively, Atlas’ competitors have a beta of -5.62, meaning that their average share price is 662% less volatile than the S&P 500.

Valuation and Earnings

This table compares Atlas and its competitors top-line revenue, earnings per share (EPS) and valuation.

Gross Revenue Net Income Price/Earnings Ratio
Atlas $1.13 billion $439.10 million 12.64
Atlas Competitors $414.84 million $15.08 million -3.04

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.

Profitability

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 19.97% 8.84% 3.51%
Atlas Competitors -11.46% 1.35% 1.32%

Dividends

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 7.9% and pay out 51.8% of their earnings in the form of a dividend. Atlas has increased its dividend for 1 consecutive years. Atlas lags its competitors as a dividend stock, given its lower dividend yield and higher payout ratio.

Insider & Institutional Ownership

59.9% of Atlas shares are owned by institutional investors. Comparatively, 57.5% of shares of all “Deep sea foreign transportation of freight” companies are owned by institutional investors. 16.9% of shares of all “Deep sea foreign transportation of freight” companies are owned by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock is poised for long-term growth.

Summary

Atlas beats its competitors on 8 of the 12 factors compared.

Atlas Company Profile

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.

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

Leave a Reply