Strong And Under The Radar Today: Atlantic Tele-Network (ATNI) - TheStreet

Trade-Ideas LLC identified

Atlantic Tele-Network

(

ATNI

) as a strong and under the radar candidate. In addition to specific proprietary factors, Trade-Ideas identified Atlantic Tele-Network as such a stock due to the following factors:

  • ATNI has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $4.3 million.
  • ATNI has traded 3.044799999999999950972551232553087174892425537109375 options contracts today.
  • ATNI is making at least a new 3-day high.
  • ATNI has a PE ratio of 53.
  • ATNI is mentioned 0.42 times per day on StockTwits.
  • ATNI has not yet been mentioned on StockTwits today.
  • ATNI is currently in the upper 20% of its 1-year range.
  • ATNI is in the upper 35% of its 20-day range.
  • ATNI is in the upper 45% of its 5-day range.
  • ATNI is currently trading above yesterday's high.

'Strong and Under the Radar' stocks tend to be worthwhile stocks to watch for a variety of factors including historical back testing and price action. Market technicians refer to such stocks as being in an accumulation phase before a mark-up and peak. Traders and hedge funds have frequently found that these types of stocks continue to build a solid price base and then ultimately spike higher and peak when others 'discover' how good the stock is performing. By leveraging the social discovery aspect of StockTwits we are highlighting stocks that don't currently receive much attention from retail investors, but we suspect may soon garner more attention.

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More details on ATNI:

Atlantic Tele-Network, Inc., through its subsidiaries, provides wireless and wireline telecommunications services in North America, Bermuda, and the Caribbean. The company operates through five segments: U.S. Wireless, International Integrated Telephony, Island Wireless, U.S. The stock currently has a dividend yield of 1.6%. ATNI has a PE ratio of 53. Currently there is 1 analyst that rates Atlantic Tele-Network a buy, no analysts rate it a sell, and 1 rates it a hold.

The average volume for Atlantic Tele-Network has been 67,900 shares per day over the past 30 days. Atlantic Tele-Network has a market cap of $1.3 billion and is part of the technology sector and telecommunications industry. The stock has a beta of 0.84 and a short float of 2.3% with 4.41 days to cover. Shares are up 17.3% year-to-date as of the close of trading on Friday.

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TheStreetRatings.com

Analysis:

TheStreet Quant Ratings

rates Atlantic Tele-Network as a

buy

. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, expanding profit margins and solid stock price performance. We feel its strengths outweigh the fact that the company has had sub par growth in net income.

Highlights from the ratings report include:

  • Despite its growing revenue, the company underperformed as compared with the industry average of 9.6%. Since the same quarter one year prior, revenues slightly increased by 8.3%. This growth in revenue does not appear to have trickled down to the company's bottom line, displayed by a decline in earnings per share.
  • ATNI's debt-to-equity ratio is very low at 0.05 and is currently below that of the industry average, implying that there has been very successful management of debt levels. Along with this, the company maintains a quick ratio of 5.03, which clearly demonstrates the ability to cover short-term cash needs.
  • 40.97% is the gross profit margin for ATLANTIC TELE-NETWORK INC which we consider to be strong. Regardless of ATNI's high profit margin, it has managed to decrease from the same period last year. Despite the mixed results of the gross profit margin, the net profit margin of 6.79% trails the industry average.
  • Looking at where the stock is today compared to one year ago, we find that it is not only higher, but it has also clearly outperformed the rise in the S&P 500 over the same period, despite the company's weak earnings results. Looking ahead, the stock's rise over the last year has already helped drive it to a level which is relatively expensive compared to the rest of its industry. We feel, however, that the other strengths this company displays justify these higher price levels.
  • ATLANTIC TELE-NETWORK INC has experienced a steep decline in earnings per share in the most recent quarter in comparison to its performance from the same quarter a year ago. This company has reported somewhat volatile earnings recently. We feel it is likely to report a decline in earnings in the coming year. During the past fiscal year, ATLANTIC TELE-NETWORK INC increased its bottom line by earning $2.94 versus $1.83 in the prior year. For the next year, the market is expecting a contraction of 62.8% in earnings ($1.10 versus $2.94).

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