Stock Price
P/E Ratio
Volume Traded Today
Dividend
52 Week High/low
Adams Resources & Energy Inc Market Cap
The Adams Resources & Energy Inc (AE) share price is expected to increase by 2.1% over the next year. This is based on calculating the average 12-month share price estimate provided by 1 stock analysts who have covered AE. Price targets range from $38 at the low end to $38 at the high end. The current analyst consensus for AE is a hold. Please note analyst price targets are not guaranteed and could be missed completely.
Adams Resources & Energy Inc has a total of 1 Wall St Analyst ratings. There are 0 buy ratings, 1 ratings, and 0 sell ratings. Since most analysts have a hold consensus rating, the expectation is that Adams Resources & Energy Inc will generate similar returns as the market. Investors shouldn't rely purely on analyst ratings; we encourage investors to also take a look at the fundamental and technical analysis in their due diligence.
These are the latest 20 analyst ratings of AE.
|
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
|---|---|---|---|---|
| Liam Burke B. Riley Securities | Neutral | $38 | Downgrade | Nov 13, 2024 |
| Liam Burke B. Riley Securities | Buy | $50 | Maintains | Aug 11, 2023 |
B. Riley Securities | Buy | Initiates | Aug 23, 2022 | |
B. Riley Securities | Buy | Initiates | Mar 17, 2022 |
When did it IPO
1984
Staff Count
741
Country
United States
Sector/Industry
Energy/Oil & Gas Refining & Marketing
CEO
Mr. Kevin J. Roycraft
Market Cap
$96.0M
In 2023, AE generated $2.75B in revenue, which was a increase of 0.00% from the previous year. This can be seen as a signal that AE's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Wed, 13 Nov 2024
Sentiment - NEUTRAL
Source - Accesswire
Summary - Monteverde & Associates PC is investigating Adams Resources & Energy, Inc. regarding its proposed merger with Tres Energy LLC, following its recognition for shareholder recovery efforts.
Why It Matters - The investigation into Adams Resources & Energy's merger could signal potential legal risks or financial implications, impacting shareholder value and market confidence.
Wed, 13 Nov 2024
Sentiment - NEUTRAL
Source - Accesswire
Summary - Halper Sadeh LLC is investigating the fairness of Adams Resources & Energy's sale to Tres Energy for $38.00 per share, urging shareholders to explore their legal rights.
Why It Matters - The investigation into Adams Resources & Energy's sale could indicate potential undervaluation, impacting shareholder sentiment and stock performance. Legal scrutiny may affect deal closure and future earnings.
Wed, 13 Nov 2024
Sentiment - NEUTRAL
Source - Business Wire
Summary - Kahn Swick & Foti is investigating the proposed sale of Adams Resources & Energy (NYSE: AE) to Tres Energy LLC, where shareholders would receive $38.00 per share.
Why It Matters - The investigation into Adams Resources & Energy's sale may impact share value and investor confidence, potentially influencing market reactions and future investment decisions.
Tue, 12 Nov 2024
Sentiment - NEUTRAL
Source - GlobeNewsWire
Summary - Adams Resources & Energy, Inc. has agreed to be acquired by Tres Energy LLC for an all-cash transaction valued at approximately $138.9 million, including debt.
Why It Matters - The acquisition of Adams Resources & Energy by Tres Energy at a $138.9 million valuation may indicate potential growth or consolidation in the energy sector, affecting stock prices and market dynamics.
Tue, 12 Nov 2024
Sentiment - NEUTRAL
Source - GlobeNewsWire
Summary - Monteverde & Associates is investigating Adams Resources & Energy, Inc. (AE) regarding its merger with Tres Energy LLC, which offers $38.00 per share to stockholders.
Why It Matters - The investigation into Adams Resources & Energy's merger could affect stock prices and investor returns, especially with a set cash offer of $38 per share.
Tue, 12 Nov 2024
Sentiment - NEGATIVE
Source - Zacks Investment Research
Summary - Adams Resources & Energy reported a quarterly loss of $1.76 per share, significantly worse than the expected loss of $0.56, and a decline from a loss of $0.72 per share a year prior.
Why It Matters - Adams Resources & Energy's larger-than-expected quarterly loss signals worsening financial health, potentially impacting stock valuation and investor sentiment negatively.
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