Headquartered in Austin, Texas, Atlas is a leading provider of professional testing, inspection, engineering, environmental, program management, and consulting services. Under the name Atlas Technical Consultants, the company offers solutions to public and private sector clients in the transportation, commercial, water, government, education, and industrial markets. With a nationwide footprint and more than 3,300 employees, Atlas provides a broad range of mission-critical technical services, helping clients test, inspect, certify, plan, design, and manage a wide variety of projects across diverse end markets.
Company profile
Ticker
ATCX
Exchange
Website
CEO
L. Joe Boyer
Employees
Incorporated
Location
Fiscal year end
Sector
Industry (SIC)
Former names
Boxwood Merger Corp.
SEC CIK
Corporate docs
Subsidiaries
Alta Vista Solutions, Inc. • Atlantic Engineering Laboratories, LLC • Atlas TC Holdings LLC • Atlas Intermediate Holdings LLC • Atlas Technical Consultants Sole Member LLC • Atlas Technical Consultants LLC • ATC Sole Member LLC • Arrow Environmental Holdings GP LLC • Arrow Environmental Holdings LP • Arrow ATC Holdings LLC ...
IRS number
830808563
ATCX stock data
Analyst ratings and price targets
Latest filings (excl ownership)
DEFA14A
Additional proxy soliciting materials
17 Mar 23
8-K
Other Events
17 Mar 23
8-K
Atlas Technical Consultants Reports Fourth Quarter and Full Year 2022 Results
16 Mar 23
10-K
2022 FY
Annual report
15 Mar 23
DEFM14A
Proxy related to merger
28 Feb 23
PREM14A
Preliminary proxy related to merger
14 Feb 23
DEFA14A
Additional proxy soliciting materials
1 Feb 23
8-K
Entry into a Material Definitive Agreement
1 Feb 23
DEFA14A
Additional proxy soliciting materials
31 Jan 23
DEFA14A
Additional proxy soliciting materials
31 Jan 23
Transcripts
ATCX
Earnings call transcript
2022 Q3
12 Nov 22
ATCX
Earnings call transcript
2022 Q2
11 Aug 22
ATCX
Earnings call transcript
2022 Q1
11 May 22
ATCX
Earnings call transcript
2021 Q4
16 Mar 22
ATCX
Earnings call transcript
2021 Q3
16 Nov 21
ATCX
Earnings call transcript
2021 Q2
17 Aug 21
ATCX
Earnings call transcript
2021 Q1
18 May 21
ATCX
Earnings call transcript
2020 Q4
9 Mar 21
Latest ownership filings
4
Jonathan M. Parnell
14 Mar 23
4
R FOSTER DUNCAN
14 Mar 23
4
Daniel G Weiss
14 Mar 23
4
Leonard Kyle Lemoine
14 Mar 23
4
Kenneth Jerome Burns JR
14 Mar 23
4
BRIAN K FERRAIOLI
14 Mar 23
4
Lonnie Joe Boyer
14 Mar 23
4
John Alex Mollere
14 Mar 23
4
Harshal Desai
14 Mar 23
4
Collis B. Temple III
14 Mar 23
Financial summary
| Quarter (USD) | Dec 22 | Sep 22 | Jul 22 | Apr 22 | |
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| Change in cash | |||||
| Diluted EPS |
| Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
| Operating margin | |||||
| Net income | |||||
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| Change in cash | |||||
| Diluted EPS |
| Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 5.80 mm | 5.80 mm | 5.80 mm | 5.80 mm | 5.80 mm | 5.80 mm |
| Cash burn (monthly) | 1.22 mm | 408.17 k | (no burn) | (no burn) | (no burn) | (no burn) |
| Cash used (since last report) | 3.33 mm | 1.12 mm | n/a | n/a | n/a | n/a |
| Cash remaining | 2.46 mm | 4.68 mm | n/a | n/a | n/a | n/a |
| Runway (months of cash) | 2.0 | 11.5 | n/a | n/a | n/a | n/a |
Institutional ownership, Q3 2022
38.2% owned by funds/institutions
| 13F holders | Current |
|---|---|
| Total holders | 60 |
| Opened positions | 6 |
| Closed positions | 19 |
| Increased positions | 25 |
| Reduced positions | 16 |
| 13F shares | Current |
|---|---|
| Total value | 101.61 mm |
| Total shares | 14.68 mm |
| Total puts | 0.00 |
| Total calls | 0.00 |
| Total put/call ratio | – |
| Largest owners | Shares | Value |
|---|---|---|
| BX Blackstone | 2.20 mm | $14.63 mm |
| Blackstone Holdings II | 2.20 mm | $22.17 mm |
| Vanguard | 1.45 mm | $9.65 mm |
| Mirae Asset Global Investments | 1.44 mm | $9.57 mm |
| ACK Asset Management | 1.25 mm | $8.30 mm |
| BLK Blackrock | 977.93 k | $6.50 mm |
| AVS Holdings Services | 776.20 k | $0.00 |
| Engineering & Testing Services | 756.84 k | $6.37 mm |
| Millennium Management | 514.16 k | $3.42 mm |
| Geode Capital Management | 427.01 k | $2.84 mm |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 10 Mar 23 | Powell Walter George | Class A common stock | Grant | Acquire A | No | No | 0 | 8,184 | 0.00 | 350,628 |
| 10 Mar 23 | Powell Walter George | Performance Stock Units Class A Common Stock | Grant | Acquire A | No | No | 0 | 8,183 | 0.00 | 28,628 |
| 10 Mar 23 | Collis B. Temple III | Class A common stock | Grant | Acquire A | No | No | 0 | 8,592 | 0.00 | 17,775 |
| 10 Mar 23 | David D. Sr. Quinn | Class A common stock | Grant | Acquire A | No | No | 0 | 16,367 | 0.00 | 192,181 |
| 10 Mar 23 | David D. Sr. Quinn | Performance Stock Units Class A Common Stock | Grant | Acquire A | No | No | 0 | 16,366 | 0.00 | 57,255 |
| 10 Mar 23 | Mollere John Alex | Class A common stock | Grant | Acquire A | No | No | 0 | 8,184 | 0.00 | 36,958 |
| 10 Mar 23 | Mollere John Alex | Performance Stock Units Class A Common Stock | Grant | Acquire A | No | No | 0 | 8,183 | 0.00 | 21,589 |
News
Top 4 Industrials Stocks That May Plunge
15 Mar 23
Benzinga's Top Ratings Upgrades, Downgrades For February 1, 2023
1 Feb 23
Lake Street Downgrades Atlas Technical to Hold, Announces $12.25 Price Target
1 Feb 23
Stifel Downgrades Atlas Technical to Hold, Raises Price Target to $12.25
1 Feb 23
Reported Late Tuesday, Bernhard Capital-Backed Atlas Technical Consultants, Inc. To Be Acquired In A Transaction Valued At $1.05B; Under The Terms Of The Transaction, Atlas Shareholders Will Receive $12.25 Per Share In Cash
1 Feb 23
Press releases
SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates ATCX, BRMK, ALR
5 Mar 23
ATLAS TECHNICAL INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Atlas Technical Consultants, Inc. - ATCX
3 Mar 23
ATCX Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of Atlas Technical Consultants, Inc. Is Fair to Shareholders
27 Feb 23
SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates AQUA, ATCX, ALR, FMIA
23 Feb 23
SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates SUMO, ATCX, ALR
16 Feb 23