Atlas (NYSE: ATCO) is one of 51 publicly-traded 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 similar businesses based on the strength of its risk, valuation, dividends, profitability, analyst recommendations, institutional ownership and earnings.
Volatility & Risk
Atlas has a beta of 1, suggesting that its share price has a similar volatility profile to the S&P 500.Comparatively, Atlas’ competitors have a beta of -5.62, suggesting that their average share price is 662% less volatile than the S&P 500.
This table compares Atlas and its competitors’ net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
Insider and 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 hedge funds, endowments and large money managers believe a company is poised for long-term growth.
Valuation & Earnings
This table compares Atlas and its competitors 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||-1.79|
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.
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 8.3% 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.
This is a breakdown of recent recommendations for Atlas and its competitors, 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 80.47%. Given Atlas’ competitors higher probable upside, analysts plainly believe Atlas has less favorable growth aspects than its competitors.
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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