In a report released today, Allen Klee from Maxim Group maintained a Hold rating on Atlantic Tele-Network (ATNI). The company’s shares closed yesterday at $75.13.
Klee said:
“4Q18 revenue slightly outperformed our expectations on continued improvement in international telecom.”
According to TipRanks.com, Klee is a 2-star analyst with an average return of 1.2% and a 54.2% success rate. Klee covers the Technology sector, focusing on stocks such as Sify Technologies Limited, Dolphin Entertainment Inc, and Net 1 Ueps.
The word on The Street in general, suggests a Hold analyst consensus rating for Atlantic Tele-Network.
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Based on Atlantic Tele-Network’s latest earnings release for the quarter ending September 30, the company reported a quarterly net profit of $17.02 million. In comparison, last year the company had a net profit of $43.5 million.
Based on the recent corporate insider activity of 46 insiders, corporate insider sentiment is negative on the stock.
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ATN International, Inc. provides telecommunications services to rural and other under-served markets and geographies in the U.S., Bermuda and the Caribbean. It operates through the following segments: U.S. Telecom, International Telecom, and Renewable Energy.
