Atlas Corp. (ATCO)

NYSE: ATCO · IEX Real-Time Price · USD
14.00
+0.07 (0.50%)
At close: Aug 11, 2022 4:00 PM
14.09
+0.09 (0.64%)
Pre-market: Aug 12, 2022 6:17 AM EDT
0.50%
Market Cap 3.94B
Revenue (ttm) 1.68B
Net Income (ttm) 472.30M
Shares Out 281.25M
EPS (ttm) 1.51
PE Ratio 9.27
Forward PE n/a
Dividend $0.50 (3.57%)
Ex-Dividend Date Jul 19, 2022
Volume 1,762,648
Open 13.96
Previous Close 13.93
Day's Range 13.93 - 14.03
52-Week Range 10.13 - 16.49
Beta 1.15
Analysts Buy
Price Target 16.49 (+17.8%)
Earnings Date Aug 9, 2022

About ATCO

Atlas Corp. operates as an asset manager and operator of containerships. 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. It also provides electricity to oil and gas, mining, and other industries, as well as government backed and private utilities; and power solutions comprising plant design, fast-tracked installation of generating equipment and balance of plant,... [Read more...]

Industry Marine
Employees 6,200
Stock Exchange NYSE
Ticker Symbol ATCO
Full Company Profile

Financial Performance

In 2021, Atlas's revenue was $1.65 billion, an increase of 15.87% compared to the previous year's $1.42 billion. Earnings were $400.50 million, an increase of 107.94%.

Financial Statements

Analyst Forecast

According to 12 analysts, the average rating for ATCO stock is "Buy." The 12-month stock price forecast is 16.49, which is an increase of 17.79% from the latest price.

Price Target
$16.49
(17.79% upside)
Analyst Consensus: Buy
Stock Forecasts

News

New Strong Buy Stocks for August 10th

AFG, TTMI, DK, TH and ATCO have been added to the Zacks Rank #1 (Strong Buy) List on August 10, 2022.

Other symbols: AFGDKTHTTMI

Best Value Stocks to Buy for August 10th

DK, ATCO and AFG made it to the Zacks Rank #1 (Strong Buy) value stocks list on August 10, 2022.

Other symbols: AFGDK

Best Income Stocks to Buy for August 10th

ATCO, AFG and PFLT made it to the Zacks Rank #1 (Strong Buy) income stocks list on August 10, 2022.

Other symbols: AFGPFLT

Atlas (ATCO) Q2 Earnings and Revenues Lag Estimates

Atlas (ATCO) delivered earnings and revenue surprises of -2.78% and 3%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

ATLAS REPORTS SECOND QUARTER 2022 RESULTS

Adjusted EBITDA(1) growth of 2.6% to $279.5 million compared to Q2 2021 driven by highly differentiated business model and predictable cash flow LONDON, UK , Aug. 9, 2022 /PRNewswire/ - Atlas Corp. ("At...

Prem Watsa Bulks Up Atlas Stake Following Buyout Offer

Billionaire investor Prem Watsa (Trades, Portfolio), the leader of Fairfax Financial Holdings ( TSX:FFH , Financial), revealed he increased his firm's exposure to top holding Atlas Corp. ( ATCO , Financ...

Is a Surprise Coming for Atlas (ATCO) This Earnings Season?

Atlas (ATCO) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Atlas (ATCO) Stock Jumps 22.9%: Will It Continue to Soar?

Atlas (ATCO) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock suggests that there could be more strength down t...

Should Value Investors Buy Atlas (ATCO) Stock?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest v...

Atlas Corp. Announces Receipt of "Take Private" Proposal

LONDON, UK , Aug. 5, 2022 /PRNewswire/ - Atlas ("Atlas" or the "Company") (NYSE: ATCO) announced today that its board of directors (the "Board") has received a non-binding proposal letter, dated August ...

CHAIRMAN OF ATLAS CORP., FAIRFAX FINANCIAL HOLDINGS LIMITED AND THE WASHINGTON FAMILY PARTNER WITH OCEAN NETWORK EXPR...

LONDON and TORONTO , Aug. 4, 2022 /PRNewswire/ -- A consortium composed of David L. Sokol, Chairman of the Board of Directors of Atlas Corp. (NYSE: ATCO) ("Atlas" or the "Company"), certain affiliates o...

Chairman of Atlas Corp., Fairfax Financial Holdings Limited and the Washington Family Partner With Ocean Network Expr...

LONDON and TORONTO, Aug. 04, 2022 (GLOBE NEWSWIRE) -- A consortium composed of David L. Sokol, Chairman of the Board of Directors of Atlas Corp. (NYSE: ATCO) (“Atlas” or the “Company”), certain affiliat...

Atlas (ATCO) Expected to Beat Earnings Estimates: Should You Buy?

Atlas (ATCO) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

ATCO vs. BLK: Which Stock Is the Better Value Option?

ATCO vs. BLK: Which Stock Is the Better Value Option?

Other symbols: BLK

Atlas Publishes 2021 Sustainability Report

LONDON , July 27, 2022 /PRNewswire/ - Atlas Corp. ("Atlas") (NYSE: ATCO) is pleased to announce it has published its 2021 Sustainability Report.  This is the second edition following the inaugural repor...

Wall Street Analysts Believe Atlas (ATCO) Could Rally 41%: Here's is How to Trade

The consensus price target hints at a 41.5% upside potential for Atlas (ATCO). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revi...

Atlas Announces Second Quarter 2022 Results Conference Call and Webcast

LONDON, UK , July 19, 2022 /PRNewswire/ - Atlas Corp. ("Atlas") (NYSE: ATCO) plans to release its financial results for the quarter ended June 30, 2022, after the market closes on Tuesday, August 9, 202...

ATCO vs. BLK: Which Stock Should Value Investors Buy Now?

ATCO vs. BLK: Which Stock Is the Better Value Option?

Other symbols: BLK

Are Investors Undervaluing Atlas (ATCO) Right Now?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest v...

Atlas Declares Quarterly Dividends on Common and Preferred Shares

LONDON, UK , July 7, 2022 /PRNewswire/ - Atlas Corp. ("Atlas" or the "Company") (NYSE: ATCO) announced today that the Company's Board of Directors has declared cash dividends on its common and preferred...

Why Prem Watsa's Atlas Is Undervalued

Fairfax Financial ( TSX:FFH , Financial) is often compared to Berkshire Hathaway ( BRK.A , Financial) ( BRK.B , Financial), and indeed, there are many similarities between these conglomerates. The two c...

Seaspan Announces Closing of $500 Million Sustainability-Linked US Private Placement

LONDON, UK , May 18, 2022 /PRNewswire/ - Seaspan Corporation ("Seaspan"), a wholly owned subsidiary of Atlas Corp. ("Atlas") (NYSE: ATCO), today announced it has entered into a note purchase agreement t...

Seaspan Announces Order for Four 7,700 TEU Dual-Fuel LNG Containership Newbuilds

LONDON, UK , May 18, 2022 /PRNewswire/ - Seaspan Corporation ("Seaspan"), a wholly-owned subsidiary of Atlas Corp. ("Atlas") (NYSE: ATCO), today announced that it has entered into agreements with a majo...

New Strong Sell Stocks for May 16th

ATCO, CNO, and LOB have been added to the Zacks Rank #5 (Strong Sell) List on May 16, 2022.

Other symbols: CNOLOB

Atlas (ATCO) Lags Q1 Earnings and Revenue Estimates

Atlas (ATCO) delivered earnings and revenue surprises of -2.50% and 1.94%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?