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.

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

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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.

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