Anterix Stock Quote Today

ATEX Stock  USD 36.25  0.66  1.79%   
Market Performance
0 of 100
Odds Of Distress
Less than 3
Anterix is trading at 36.25 as of the 28th of January 2023; that is -1.79 percent decrease since the beginning of the trading day. The stock's open price was 36.91. Anterix has a very small chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for Anterix are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 2nd of February 2022 and ending today, the 28th of January 2023. Click here to learn more.
CUSIP
694171307
Fiscal Year End
March
Business Domain
Telecommunication Services
IPO Date
3rd of February 2015
Category
Communication Services
The company focuses on commercializing its spectrum assets to enable the targeted utility and critical infrastructure customers to deploy private broadband networks, technologies, and solutions. Anterix Inc. was incorporated in 1997 and is headquartered in Woodland Park, New Jersey. The company has 18.96 M outstanding shares of which 718.99 K shares are presently shorted by private and institutional investors with about 8.33 trading days to cover. More on Anterix
Follow Valuation Options Odds of Bankruptcy
Check how we calculate scores

Anterix Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Anterix's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Anterix or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Fama & French Classification
Average Analyst Recommendation
Analysts covering Anterix report their recommendations after researching Anterix's financial statements, talking to executives and customers, or listening in on Anterix's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Anterix. The Anterix consensus assessment is calculated by taking the average forecast from all of the analysts covering Anterix.
Piotroski F Score
Piotroski F-Score is a popular financial indicator that puts together nine criteria to evaluate the financial strength of Anterix based on its profitability, leverage, liquidity, source of funds, and operating efficiency. It is an academic score (developed by Joseph Piotroski in 2002) to determine the current strength of Anterix financial position. Scores of 8 and 9 are usually classified as strong value stocks, whereas scores of 2 or below are considered weak value stocks.
StrongDetails
Current ValueLast YearChange From Last Year 10 Year Trend
Weighted Average Shares Diluted13.6 M16.3 M
Fairly Down
Up
Slightly volatile
Weighted Average Shares13.6 M16.3 M
Fairly Down
Up
Slightly volatile
Net Cash Flow from Operations22.2 M20.6 M
Significantly Up
Up
Pretty Stable
Current LiabilitiesM8.7 M
Significantly Down
Up
Slightly volatile
Total Liabilities89.1 M82.6 M
Significantly Up
Up
Slightly volatile
Gross Margin124114
Significantly Up
Down
Very volatile
Total Debt5.9 M6.5 M
Moderately Down
Up
Slightly volatile
Asset Turnover0.00480.0047
Fairly Up
Down
Slightly volatile
Current Assets95.3 M104.2 M
Significantly Down
Up
Slightly volatile
Total Assets214.4 M250.2 M
Fairly Down
Up
Slightly volatile
Macroaxis Advice
The buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Anterix's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Financial Strength
Anterix's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Anterix's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Anterix's financial leverage. It provides some insight into what part of Anterix's total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on Anterix's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Anterix deploys its capital and how much of that capital is borrowed.
Liquidity
Anterix cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company currently holds 5.36 M in liabilities with Debt to Equity (D/E) ratio of 0.03, which may suggest the company is not taking enough advantage from borrowing. Anterix has a current ratio of 10.74, suggesting that it is liquid enough and is able to pay its financial obligations when due. Debt can assist Anterix until it has trouble settling it off, either with new capital or with free cash flow. So, Anterix's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Anterix sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Anterix to invest in growth at high rates of return. When we think about Anterix's use of debt, we should always consider it together with cash and equity.

Operating Cash Flow

22.23 Million
Anterix (ATEX) is traded on NASDAQ Exchange in USA and employs 73 people. Anterix is listed under Wireless Telecommunication Services category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 699.8 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Anterix's market, we take the total number of its shares issued and multiply it by Anterix's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Anterix conducts business under Wireless Telecommunication Services sector and is part of Communication Services industry. The entity has 18.96 M outstanding shares of which 718.99 K shares are presently shorted by private and institutional investors with about 8.33 trading days to cover. Anterix currently holds about 86.46 M in cash with 17.91 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 4.56.
Check Anterix Probability Of Bankruptcy
Ownership
Anterix retains a total of 18.96 Million outstanding shares. The majority of Anterix outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to acquire positions in Anterix to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Anterix. Please pay attention to any change in the institutional holdings of Anterix as this could imply that something significant has changed or about to change at the company. Remember, it does not matter who owns the company or if the company is currently losing money. If the true value of the company is more than the market pays for it currently, you can still have a good investment opportunity.

Ownership Allocation

Check Anterix Ownership Details

Anterix Stock Price Odds Analysis

Based on a normal probability distribution, the odds of Anterix jumping above the current price in 90 days from now is about 24.7%. The Anterix probability density function shows the probability of Anterix stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the stock has a beta coefficient of 1.0251. This suggests Anterix market returns are sensitive to returns on the market. As the market goes up or down, Anterix is expected to follow. Additionally, the company has an alpha of 0.1327, implying that it can generate a 0.13 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 36.25HorizonTargetOdds Above 36.25
75.15%90 days
 36.25 
24.70%
Based on a normal probability distribution, the odds of Anterix to move above the current price in 90 days from now is about 24.7 (This Anterix probability density function shows the probability of Anterix Stock to fall within a particular range of prices over 90 days) .

Anterix Stock Institutional Holders

Institutional Holdings refers to the ownership stake in Anterix that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Anterix's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Anterix's value.
InstituionSecurity TypeTotal SharesValue
Zurcher Kantonalbank Zurich CantonalbankCommon Shares91233 K
Zurcher Kantonalbank Zurich CantonalbankCommon Shares91237 K
Worth Venture Partners LlcCall Options511.9 K316 K
View Anterix Diagnostics

Anterix Historical Income Statement

Anterix Income Statement is one of the three primary financial statements used for reporting Anterix's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Anterix revenue and expense. Anterix Income Statement primarily focuses on the company's revenues and expenses during a particular period.
Anterix Direct Expenses is fairly stable at the moment as compared to the past year. Anterix reported Direct Expenses of 4,500 in 2022. Cost of Revenue is likely to rise to 5,901 in 2023, whereas Consolidated Income is likely to drop (36.4 M) in 2023. View More Fundamentals

Anterix Stock Against Markets

Picking the right benchmark for Anterix stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Anterix stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Anterix is critical whether you are bullish or bearish towards Anterix at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Anterix without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

Did you try this?

Run Commodity Channel Index Now

   

Commodity Channel Index

Use Commodity Channel Index to analyze current equity momentum
All  Next Launch Module

Anterix Corporate Management

Elected by the shareholders, the Anterix's board of directors comprises two types of representatives: Anterix inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Anterix. The board's role is to monitor Anterix's management team and ensure that shareholders' interests are well served. Anterix's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Anterix's outside directors are responsible for providing unbiased perspectives on the board's policies.

Invested in Anterix?

The danger of trading Anterix is mainly related to its market volatility and company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Anterix is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Anterix. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Anterix is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Please continue to Trending Equities. Note that the Anterix information on this page should be used as a complementary analysis to other Anterix's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try CEO Directory module to screen CEOs from public companies around the world.

Complementary Tools for Anterix Stock analysis

When running Anterix price analysis, check to measure Anterix's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Anterix is operating at the current time. Most of Anterix's value examination focuses on studying past and present price action to predict the probability of Anterix's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Anterix's price. Additionally, you may evaluate how the addition of Anterix to your portfolios can decrease your overall portfolio volatility.
Performance Analysis
Check effects of mean-variance optimization against your current asset allocation
Portfolio File Import
Quickly import all of your third-party portfolios from your local drive in csv format
Balance Of Power
Check stock momentum by analyzing Balance Of Power indicator and other technical ratios
Pattern Recognition
Use different Pattern Recognition models to time the market across multiple global exchanges
Price Exposure Probability
Analyze equity upside and downside potential for a given time horizon across multiple markets
Pair Correlation
Compare performance and examine fundamental relationship between any two equity instruments
Piotroski F Score
Get Piotroski F Score based on binary analysis strategy of nine different fundamentals
Earnings Calls
Check upcoming earnings announcements updated hourly across public exchanges
Is Anterix's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Anterix. If investors know Anterix will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Anterix listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Market Capitalization
699.8 M
Quarterly Revenue Growth
1.187
Return On Assets
(0.13) 
Return On Equity
(0.25) 
The market value of Anterix is measured differently than its book value, which is the value of Anterix that is recorded on the company's balance sheet. Investors also form their own opinion of Anterix's value that differs from its market value or its book value, called intrinsic value, which is Anterix's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Anterix's market value can be influenced by many factors that don't directly affect Anterix's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Anterix's value and its price as these two are different measures arrived at by different means. Investors typically determine Anterix value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Anterix's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.