Athlon Energy (ATHL) Hits New Lifetime High

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

Trade-Ideas LLC identified Athlon Energy ( ATHL) as a new lifetime high candidate. In addition to specific proprietary factors, Trade-Ideas identified Athlon Energy as such a stock due to the following factors:

  • ATHL has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $342.5 million.
  • ATHL has traded 40,931 shares today.
  • ATHL is trading at a new lifetime high.

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More details on ATHL:

Athlon Energy Inc., an independent exploration and production company, focuses on the acquisition, development, and exploitation of unconventional oil and liquids-rich natural gas reserves in the Permian Basin. ATHL has a PE ratio of 80.6. Currently there are 13 analysts that rate Athlon Energy a buy, no analysts rate it a sell, and 1 rates it a hold.

The average volume for Athlon Energy has been 1.1 million shares per day over the past 30 days. Athlon Energy has a market cap of $4.5 billion and is part of the basic materials sector and energy industry. Shares are up 92.8% year-to-date as of the close of trading on Monday.

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TheStreetRatings.com Analysis:

TheStreet Quant Ratings rates Athlon Energy as a hold. The company's strengths can be seen in multiple areas, such as its solid stock price performance, robust revenue growth and good cash flow from operations. However, as a counter to these strengths, we find that the growth in the company's net income has been quite unimpressive.

Highlights from the ratings report include:
  • Compared to its closing price of one year ago, ATHL's share price has jumped by 44.61%, exceeding the performance of the broader market during that same time frame.
  • ATHL's very impressive revenue growth greatly exceeded the industry average of 3.0%. Since the same quarter one year prior, revenues leaped by 109.5%. 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.
  • Compared to other companies in the Oil, Gas & Consumable Fuels industry and the overall market, ATHLON ENERGY INC's return on equity significantly trails that of both the industry average and the S&P 500.
  • ATHLON ENERGY 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 year, the market expects an improvement in earnings ($1.47 versus $0.59).
  • The company, on the basis of change in net income from the same quarter one year ago, has significantly underperformed when compared to that of the S&P 500 and the Oil, Gas & Consumable Fuels industry. The net income has significantly decreased by 66.7% when compared to the same quarter one year ago, falling from $23.70 million to $7.89 million.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

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