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ATIP

ATI Physical Therapy NYSE:ATIP Stock Report

Last Price

US$1.68

Market Cap

US$345.4m

7D

20.0%

1Y

-83.1%

Updated

17 May, 2022

Data

Company Financials +
ATIP fundamental analysis
Snowflake Score
Valuation1/6
Future Growth1/6
Past Performance0/6
Financial Health2/6
Dividends0/6

ATIP Stock Overview

ATI Physical Therapy, Inc. operates as an outpatient physical therapy provider that specializes in outpatient rehabilitation and adjacent healthcare services in the United States.

ATI Physical Therapy Competitors

Price History & Performance

Summary of all time highs, changes and price drops for ATI Physical Therapy
Historical stock prices
Current Share PriceUS$1.68
52 Week HighUS$10.44
52 Week LowUS$1.25
Beta0
1 Month Change-7.18%
3 Month Change-40.64%
1 Year Change-83.13%
3 Year Changen/a
5 Year Changen/a
Change since IPO-83.20%

Recent News & Updates

Shareholder Returns

ATIPUS HealthcareUS Market
7D20.0%1.3%0.7%
1Y-83.1%4.8%-10.8%

Return vs Industry: ATIP underperformed the US Healthcare industry which returned 4.8% over the past year.

Return vs Market: ATIP underperformed the US Market which returned -10.8% over the past year.

Price Volatility

Is ATIP's price volatile compared to industry and market?
ATIP volatility
ATIP Average Weekly Movement11.2%
Healthcare Industry Average Movement10.1%
Market Average Movement7.8%
10% most volatile stocks in US Market16.8%
10% least volatile stocks in US Market2.9%

Stable Share Price: ATIP is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 11% a week.

Volatility Over Time: ATIP's weekly volatility (11%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19965,600Jack Larsenhttps://www.atipt.com

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. It also provides ATI worksite solutions comprising injury prevention programs, work-related injury assessment services, wellness offerings, and consultations for employers; proprietary electronic medical records (EMR) integration, caseload management, and continuing education in progressive therapies; and sports medicine, including onsite sports physical therapy, clinical evaluation and diagnosis, immediate and emergency care, nutrition programs, and concussion management services.

ATI Physical Therapy Fundamentals Summary

How do ATI Physical Therapy's earnings and revenue compare to its market cap?
ATIP fundamental statistics
Market CapUS$345.40m
Earnings (TTM)-US$898.88m
Revenue (TTM)US$618.33m

0.6x

P/S Ratio

-0.4x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
ATIP income statement (TTM)
RevenueUS$618.33m
Cost of RevenueUS$343.26m
Gross ProfitUS$275.07m
Other ExpensesUS$1.17b
Earnings-US$898.88m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)-4.35
Gross Margin44.49%
Net Profit Margin-145.37%
Debt/Equity Ratio88.7%

How did ATIP perform over the long term?

See historical performance and comparison

Valuation

Is ATI Physical Therapy undervalued compared to its fair value and its price relative to the market?

Valuation Score

1/6

Valuation Score 1/6

  • Below Fair Value

  • Significantly Below Fair Value

  • PE vs Industry

  • PE vs Market

  • PEG Ratio

  • PB vs Industry


0.89x

Price to Book (PB) ratio

Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate ATIP's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate ATIP's fair value for valuation analysis.


Price To Earnings Ratio

PE vs Industry: ATIP is unprofitable, so we can't compare its PE Ratio to the US Healthcare industry average.

PE vs Market: ATIP is unprofitable, so we can't compare its PE Ratio to the US market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate ATIP's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: ATIP is good value based on its PB Ratio (0.9x) compared to the US Healthcare industry average (2.5x).


Future Growth

How is ATI Physical Therapy forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?

Future Growth Score

1/6

Future Growth Score 1/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


66.1%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: ATIP is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: ATIP is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: ATIP is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: ATIP's revenue (8.9% per year) is forecast to grow faster than the US market (7.9% per year).

High Growth Revenue: ATIP's revenue (8.9% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: ATIP is forecast to be unprofitable in 3 years.


Past Performance

How has ATI Physical Therapy performed over the past 5 years?

Past Performance Score

0/6

Past Performance Score 0/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-75.2%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: ATIP is currently unprofitable.

Growing Profit Margin: ATIP is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: ATIP is unprofitable, and losses have increased over the past 5 years at a rate of 75.2% per year.

Accelerating Growth: Unable to compare ATIP's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: ATIP is unprofitable, making it difficult to compare its past year earnings growth to the Healthcare industry (9.6%).


Return on Equity

High ROE: ATIP has a negative Return on Equity (-167.56%), as it is currently unprofitable.


Financial Health

How is ATI Physical Therapy's financial position?

Financial Health Score

2/6

Financial Health Score 2/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Stable Cash Runway

  • Forecast Cash Runway

Financial Position Analysis

Short Term Liabilities: ATIP's short term assets ($198.0M) exceed its short term liabilities ($122.3M).

Long Term Liabilities: ATIP's short term assets ($198.0M) do not cover its long term liabilities ($796.4M).


Debt to Equity History and Analysis

Debt Level: ATIP's net debt to equity ratio (71.1%) is considered high.

Reducing Debt: Insufficient data to determine if ATIP's debt to equity ratio has reduced over the past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: ATIP has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: ATIP has less than a year of cash runway if free cash flow continues to reduce at historical rates of 35.2% each year


Dividend

What is ATI Physical Therapy current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage

Dividend Yield vs Market

Notable Dividend: Unable to evaluate ATIP's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate ATIP's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if ATIP's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if ATIP's dividend payments have been increasing.


Earnings Payout to Shareholders

Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as ATIP has not reported any payouts.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

3.3yrs

Average management tenure


CEO

Jack Larsen (63 yo)

no data

Tenure

US$1,823,953

Compensation

Mr. John L. Larsen, also known as Jack, serves as the Executive Chairman of the ATI Physical Therapy, Inc. since August 2021 and its Director since 2018. He currently also serves as a member of the leaders...


CEO Compensation Analysis

Compensation vs Market: Jack's total compensation ($USD1.82M) is below average for companies of similar size in the US market ($USD2.62M).

Compensation vs Earnings: Jack's compensation has increased whilst the company is unprofitable.


Leadership Team

Experienced Management: ATIP's management team is considered experienced (3.3 years average tenure).


Board Members

Experienced Board: ATIP's board of directors are not considered experienced ( 1.2 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: ATIP insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Insufficient data to determine if shareholders have been diluted in the past year.


Top Shareholders

Company Information

ATI Physical Therapy, Inc.'s employee growth, exchange listings and data sources


Key Information

  • Name: ATI Physical Therapy, Inc.
  • Ticker: ATIP
  • Exchange: NYSE
  • Founded: 1996
  • Industry: Health Care Services
  • Sector: Healthcare
  • Implied Market Cap: US$345.398m
  • Shares outstanding: 206.83m
  • Website: https://www.atipt.com

Number of Employees


Location

  • ATI Physical Therapy, Inc.
  • 790 Remington Boulevard
  • Bolingbrook
  • Illinois
  • 60440
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/05/17 00:00
End of Day Share Price2022/05/17 00:00
Earnings2022/03/31
Annual Earnings2021/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.