Atlas (NYSE: ATCO) is one of 51 public companies in the “Deep sea foreign transportation of freight” industry, but how does it weigh in compared to its rivals? We will compare Atlas to related companies based on the strength of its earnings, dividends, institutional ownership, valuation, profitability, risk and analyst recommendations.
Risk and Volatility
Atlas has a beta of 0.94, meaning that its share price is 6% less volatile than the S&P 500. Comparatively, Atlas’ rivals have a beta of -5.64, meaning that their average share price is 664% less volatile than the S&P 500.
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. 16.9% of shares of all “Deep sea foreign transportation of freight” companies are held by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock is poised for long-term growth.
This is a summary of recent ratings for Atlas and its rivals, as provided 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 75.74%. Given Atlas’ rivals higher probable upside, analysts plainly believe Atlas has less favorable growth aspects than its rivals.
This table compares Atlas and its rivals’ net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
Valuation and Earnings
This table compares Atlas and its rivals revenue, earnings per share (EPS) and valuation.
|Gross Revenue||Net Income||Price/Earnings Ratio|
|Atlas||$1.13 billion||$439.10 million||11.60|
|Atlas Competitors||$414.84 million||$15.08 million||-1.82|
Atlas has higher revenue and earnings than its rivals. Atlas is trading at a higher price-to-earnings ratio than its rivals, indicating that it is currently more expensive than other companies in its industry.
Atlas pays an annual dividend of $0.50 per share and has a dividend yield of 5.5%. 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 rivals as a dividend stock, given its lower dividend yield and higher payout ratio.
Atlas beats its rivals 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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