- Atlas has traded sideways since late February despite the underlying ship leasing rates doubling over the same period and remains below its pre-covid highs.
- ATCO has a quarter of its fleet that will be rolling onto new long-term charters at 2x-3x prior rates.
- The company is by far the largest US-listed ship lessor by just about any measure and continues to widen its moat with 50%+ growth contracted in the coming years.
- Recent disclosures and news flow suggest analyst estimates are very low and will need to re-rate much higher providing the catalyst for a much higher share price.
For further details see:
Atlas: Much Higher Earnings Already Aboard