Sidoti Research Analysts Lower Earnings Estimates for ATNI

ATN International, Inc. (NASDAQ:ATNI) – Research analysts at Sidoti reduced their FY2026 EPS estimates for ATN International in a research note issued to investors on Friday, May 8th. Sidoti analyst G. Burns now forecasts that the technology company will earn $0.44 per share for the year, down from their previous estimate of $0.62. The consensus estimate for ATN International’s current full-year earnings is $0.62 per share.

ATN International (NASDAQ:ATNI) last announced its earnings results on Thursday, May 7th. The technology company reported ($0.18) earnings per share for the quarter, missing the consensus estimate of $0.12 by ($0.30). The firm had revenue of $182.22 million during the quarter, compared to analysts’ expectations of $183.40 million. ATN International had a negative net margin of 1.20% and a positive return on equity of 0.55%.

Several other analysts have also recently issued reports on ATNI. Weiss Ratings cut shares of ATN International from a “hold (c-)” rating to a “sell (d+)” rating in a report on Tuesday, March 17th. Wall Street Zen cut shares of ATN International from a “buy” rating to a “hold” rating in a report on Saturday, March 21st. One research analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Reduce”.

ATN International Price Performance

Shares of ATNI stock opened at $26.79 on Tuesday. The company has a market capitalization of $412.03 million, a PE ratio of -27.06, a price-to-earnings-growth ratio of 4.28 and a beta of 0.54. The firm has a fifty day simple moving average of $27.05 and a 200-day simple moving average of $23.77. The company has a current ratio of 1.21, a quick ratio of 1.19 and a debt-to-equity ratio of 1.01. ATN International has a twelve month low of $13.76 and a twelve month high of $30.45.

ATN International Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, April 10th. Investors of record on Tuesday, March 31st were issued a $0.275 dividend. The ex-dividend date of this dividend was Tuesday, March 31st. This represents a $1.10 annualized dividend and a yield of 4.1%. ATN International’s dividend payout ratio is currently -111.11%.

Institutional Trading of ATN International

A number of institutional investors and hedge funds have recently modified their holdings of the business. Bank of New York Mellon Corp raised its holdings in shares of ATN International by 0.9% during the first quarter. Bank of New York Mellon Corp now owns 122,634 shares of the technology company’s stock worth $3,338,000 after purchasing an additional 1,132 shares during the period. Ameriprise Financial Inc. raised its holdings in shares of ATN International by 7.2% during the second quarter. Ameriprise Financial Inc. now owns 35,886 shares of the technology company’s stock worth $583,000 after purchasing an additional 2,397 shares during the period. Gamco Investors INC. ET AL raised its holdings in shares of ATN International by 9.6% during the third quarter. Gamco Investors INC. ET AL now owns 76,936 shares of the technology company’s stock worth $1,152,000 after purchasing an additional 6,715 shares during the period. Strs Ohio acquired a new stake in shares of ATN International during the first quarter worth $138,000. Finally, Segall Bryant & Hamill LLC acquired a new stake in shares of ATN International during the fourth quarter worth $448,000. 65.50% of the stock is owned by institutional investors and hedge funds.

ATN International Company Profile

ATN International, Inc (NASDAQ: ATNI) is a diversified provider of telecommunications services that operates through a combination of wireless, wireline and broadband networks. Headquartered in Beverly, Massachusetts, the company offers a range of voice and data solutions to residential, commercial and wholesale customers. Its core offerings include long-distance voice services, fixed-line telephony, broadband internet access and network infrastructure solutions.

Through its business segments, ATN delivers tailored communications products to underserved markets across the Caribbean, Latin America, parts of the Pacific and select rural regions of the United States.