ATI Physical Therapy (NYSE:ATIP – Get Rating) announced its quarterly earnings data on Thursday. The company reported ($0.07) earnings per share for the quarter, missing the consensus estimate of ($0.06) by ($0.01), Yahoo Finance reports. ATI Physical Therapy had a negative net margin of 61.82% and a negative return on equity of 8.81%. The firm had revenue of $161.76 million for the quarter, compared to the consensus estimate of $163.46 million.
ATI Physical Therapy Price Performance
NYSE:ATIP opened at $0.41 on Friday. The firm has a market capitalization of $84.06 million, a price-to-earnings ratio of -0.20 and a beta of 0.41. ATI Physical Therapy has a 52-week low of $0.22 and a 52-week high of $2.26. The stock has a fifty day moving average of $0.38 and a 200 day moving average of $0.62. The company has a debt-to-equity ratio of 3.15, a quick ratio of 1.35 and a current ratio of 1.35.Get ATI Physical Therapy alerts:
Institutional Investors Weigh In On ATI Physical Therapy
A number of large investors have recently added to or reduced their stakes in the company. Vanguard Group Inc. raised its position in ATI Physical Therapy by 124.5% during the first quarter. Vanguard Group Inc. now owns 3,703,627 shares of the company's stock valued at $6,963,000 after purchasing an additional 2,053,912 shares in the last quarter. Geode Capital Management LLC increased its holdings in shares of ATI Physical Therapy by 2.7% in the fourth quarter. Geode Capital Management LLC now owns 1,242,055 shares of the company's stock worth $378,000 after buying an additional 32,416 shares during the period. State Street Corp grew its stake in shares of ATI Physical Therapy by 2.2% in the third quarter. State Street Corp now owns 989,223 shares of the company's stock worth $989,000 after purchasing an additional 20,868 shares during the last quarter. BlackRock Inc. grew its stake in shares of ATI Physical Therapy by 1.5% in the first quarter. BlackRock Inc. now owns 578,020 shares of the company's stock worth $1,087,000 after purchasing an additional 8,799 shares during the last quarter. Finally, Northern Trust Corp grew its stake in shares of ATI Physical Therapy by 562.5% in the second quarter. Northern Trust Corp now owns 571,031 shares of the company's stock worth $805,000 after purchasing an additional 484,838 shares during the last quarter. Hedge funds and other institutional investors own 89.57% of the company's stock.
ATI Physical Therapy Company Profile
ATI Physical Therapy, Inc operates as an outpatient physical therapy provider that specializes in outpatient rehabilitation and adjacent healthcare services in the United States. It offers a range of services to its patients, including physical therapy to treat spine, shoulder, knee, and neck injuries or pain; work conditioning and work hardening; and hand therapy, aquatic therapy, functional capacity assessment, and wellness programs.
- Get a free copy of the StockNews.com research report on ATI Physical Therapy (ATIP)
- MarketBeat Week in Review – 3/13 – 3/17
- This Small Tech With Big Growth Prospects Is Nearing A Buy Point
- Don't Chase FedEx Higher, Wait For The Pullback
- 3 Stocks For A Defensive Tech Portfolio
- Milk the Dividends on These 3 Cash Cows
Receive News & Ratings for ATI Physical Therapy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ATI Physical Therapy and related companies with MarketBeat.com's FREE daily email newsletter.