ATIP - ATI Physical Therapy, Inc. Stock Price, Fair Value and News

5.00USD+0.01 (+0.20%)Market Closed

Market Summary

USD5.00+0.01

Market Closed

0.20%

ATIP Stock Price

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ATIP RSI Chart

ATIP Valuation

Market Cap

22.0M

Price/Earnings (Trailing)

-0.38

Price/Sales (Trailing)

0.03

EV/EBITDA

0.98

Price/Free Cashflow

-0.42

ATIP Price/Sales (Trailing)

ATIP Profitability

EBT Margin

0.25%

Return on Equity

51.3%

Return on Assets

-5.87%

Free Cashflow Yield

-235.7%

ATIP Fundamentals

ATIP Revenue

Revenue (TTM)

713.6M

Rev. Growth (Yr)

8.71%

Rev. Growth (Qtr)

-0.45%

ATIP Earnings

Earnings (TTM)

-58.2M

Earnings Growth (Yr)

44.23%

Earnings Growth (Qtr)

-160.55%

Breaking Down ATIP Revenue

Last 7 days

1.0%

Last 30 days

19.9%

Last 90 days

-28.6%

Trailing 12 Months

-54.7%

How does ATIP drawdown profile look like?

ATIP Financial Health

Current Ratio

1.19

Debt/Equity

-0.84

Debt/Cashflow

-0.39

ATIP Investor Care

Shares Dilution (1Y)

5.41%

Diluted EPS (TTM)

-28.96

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2024	713.6M	0	0	0
2023	648.8M	657.8M	678.5M	699.0M
2022	632.6M	631.9M	629.7M	635.7M
2021	570.5M	626.8M	637.1M	627.9M
2020	0	721.1M	656.7M	592.3M
2019	0	0	0	785.5M

Get all data in R, Python etc through our Historical Stock Data APIs

Tracking the Latest Insider Buys and Sells of ATI Physical Therapy, Inc.

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Mar 22, 2024	kantz erik	sold (taxes)	-8,736	6.08	-1,437	chief legal officer
Mar 22, 2024	cox christopher l	sold (taxes)	-34,990	6.08	-5,755	chief operating officer
Mar 22, 2024	cox christopher l	sold (taxes)	-35,112	6.08	-5,775	chief operating officer
Mar 22, 2024	gregerson scott	sold (taxes)	-20,617	6.08	-3,391	chief growth officer
Mar 22, 2024	oakes augustus	sold (taxes)	-8,736	6.08	-1,437	chief information officer
Mar 22, 2024	jordan joseph francis	sold (taxes)	-42,292	6.08	-6,956	chief financial officer
Mar 22, 2024	rhodes brent michael	sold (taxes)	-5,928	6.08	-975	chief accounting officer
Mar 22, 2024	vitti sharon	sold (taxes)	-92,531	6.08	-15,219	chief executive officer
Mar 22, 2024	tansey eimile	sold (taxes)	-17,467	6.08	-2,873	chief people officer
Mar 16, 2024	kantz erik	sold (taxes)	-76.92	6.41	-12.00	chief legal officer

Which funds bought or sold ATIP recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 16, 2024	CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM	unchanged	-	-	6.00	-%
May 15, 2024	MORGAN STANLEY	reduced	-3.62	-420	2,975	-%
May 15, 2024	BANK OF AMERICA CORP /DE/	unchanged	-	-1,751	17,443	-%
May 15, 2024	Knighthead Capital Management, LLC	unchanged	-	-144,816	1,442,990	0.05%
May 15, 2024	NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO	new	-	28.00	28.00	-%
May 15, 2024	Advent International, L.P.	unchanged	-	-1,297,300	12,926,700	0.23%
May 15, 2024	Fortress Investment Group LLC	unchanged	-	-179,480	1,788,390	0.31%
May 14, 2024	NORTHERN TRUST CORP	reduced	-55.41	-101,653	69,260	-%
May 13, 2024	BANK OF MONTREAL /CAN/	reduced	-8.33	-30,535	232,003	-%
May 13, 2024	AMERICAN INTERNATIONAL GROUP, INC.	unchanged	-	-1.00	11.00	-%

Are Funds Buying or Selling ATIP?

Are funds buying ATIP calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own ATIP

No. of Funds

Unveiling ATI Physical Therapy, Inc.'s Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
May 10, 2024	knighthead capital management, llc	58.4%	5,801,539	SC 13D/A
Feb 08, 2024	knighthead capital management, llc	59.1%	5,700,453	SC 13D/A
Feb 08, 2024	marathon asset management gp, l.l.c.	49.9%	4,195,671	SC 13D/A
Jun 27, 2023	caspian capital lp	9.4%	430,067	SC 13D
Jun 26, 2023	onex corp	15.4%	758,040	SC 13D
Jun 26, 2023	marathon asset management gp, l.l.c.	45.0%	3,407,940	SC 13D
Jun 20, 2023	knighthead capital management, llc	53.8%	4,554,986	SC 13D/A
Apr 21, 2023	advent international corp/ma	55.9%	115,830,656	SC 13D/A
Apr 21, 2023	knighthead capital management, llc	8.56%	18,196,845	SC 13D/A
Mar 17, 2023	advent international corp/ma	55.9%	115,830,656	SC 13D/A

Recent SEC filings of ATI Physical Therapy, Inc.

View All Filings

Date Filed	Form Type	Document
May 15, 2024	3	Insider Trading
May 14, 2024	4	Insider Trading
May 14, 2024	8-K	Current Report
May 10, 2024	SC 13D/A	13D - Major Acquisition
May 06, 2024	10-Q	Quarterly Report
May 06, 2024	8-K	Current Report
Apr 26, 2024	ARS	ARS
Apr 26, 2024	DEF 14A	DEF 14A
Apr 26, 2024	DEFA14A	DEFA14A
Mar 27, 2024	4/A	Insider Trading

Peers (Alternatives to ATI Physical Therapy, Inc.)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
UNH	482.9B	379.5B	9.53%	9.48%	31.44	1.27	12.96%	-25.81%
CI	96.2B	206.0B	-2.11%	32.08%	24.97	0.47	12.55%	-43.95%
HCA	84.6B	66.7B	3.80%	15.55%	15.46	1.27	9.59%	-4.59%
CVS	72.4B	360.9B	-15.92%	-16.78%	9.89	0.2	9.07%	78.49%
CNC	41.7B	155.5B	8.44%	18.66%	15.24	0.27	6.34%	84.42%
DVA	12.3B	12.3B	9.53%	38.52%	15.03	0.99	5.77%	58.74%
UHS	11.9B	14.7B	11.04%	30.82%	14.63	0.81	7.99%	19.23%
MID-CAP
CHE	8.5B	2.3B	-6.47%	5.37%	30.15	3.73	5.96%	18.29%
ACHC	6.2B	3.0B	-5.49%	-7.73%	-545.12	2.06	10.92%	-104.06%
AMEH	2.3B	1.5B	9.06%	20.53%	36.62	1.57	19.34%	40.15%
AMN	2.2B	3.5B	4.01%	-38.44%	15.49	0.64	-27.67%	-62.43%
SMALL-CAP
ADUS	1.8B	1.1B	14.53%	25.72%	27.59	1.67	11.45%	30.74%
BKD	1.3B	3.0B	6.97%	85.25%	-7.66	0.44	4.98%	4.88%
BEAT	54.5M	-	-4.17%	-6.33%	-3.61	-	-	-1.05%
AMS	22.0M	21.6M	16.05%	23.93%	39.79	1.02	9.04%	-50.63%

ATI Physical Therapy, Inc. News

Latest updates

ATI Physical Therapy, Inc. Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

Income Statement (Quarterly)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2019Q4
Revenue	-0.4%	181,472,000	182,292,000	177,455,000	172,337,000	166,932,000	161,764,000	156,792,000	163,293,000	153,822,000	155,763,000	159,013,000	164,033,000	149,062,000	165,016,453	148,655,000	107,754,000	-
Operating Expenses	4.1%	159,570,000	153,250,000	153,134,000	148,124,000	147,706,000	142,244,000	144,523,000	143,517,000	144,135,000	137,978,000	136,117,000	128,581,000	131,121,000	125,273,000	120,160,000	96,615,000	-
S&GA Expenses	-1.0%	26,202,000	26,475,000	25,085,000	36,573,000	30,595,000	27,629,000	25,263,000	31,808,000	30,024,000	29,897,000	30,795,000	26,391,000	24,726,000	30,032,000	26,026,000	24,791,000	-
EBITDA Margin	2.0%	0.13	0.13	0.13	0.14	0.14	0.13	0.12	0.11	0.11	0.13	0.14	0.16	-	-	-	-	-
Interest Expenses	2.0%	14,174,000	13,895,000	14,300,000	15,135,000	9,563,000	12,164,000	11,631,000	13,890,000	3,932,000	6,603,000	6,618,000	13,726,000	14,990,000	15,346,000	12,738,000	48,195,000	-
Income Taxes	-105.8%	-134,000	2,292,500	100,000	89,000	62,000	-5,005,000	-7,218,000	-13,000,000	-23,300,000	-5,381,000	-35,333,000	-19,700,000	-10,515,000	-2,023,000	2,300,000	3,568,000	-
Earnings Before Taxes	-	-	-	-	-	-	-	-	-	-	-	-	-	-28,333,000	-	-	-	-
EBT Margin	-2.1%	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-	-	-	-	-
Net Income	-160.6%	-14,651,000	-5,623,000	-15,197,000	-22,705,000	-26,270,000	-102,765,000	-116,318,000	-135,546,000	-137,750,000	821,000	-324,665,000	-435,357,000	-19,127,000	1,203,000	121,000	2,741,000	-
Net Income Margin	18.3%	-0.08	-0.10	-0.25	-0.41	-0.59	-0.77	-0.62	-0.95	-1.42	-1.24	-1.22	-0.72	-	-	-	-	-
Free Cashflow	-1659.2%	-41,772,000	2,679,000	-17,077,000	4,368,000	-19,658,000	-12,484,000	-30,593,000	-15,075,000	-35,503,000	-16,029,000	-21,069,000	-6,847,000	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																	(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2019Q4
Assets	-1.2%	991	1,003	979	1,010	1,046	1,079	1,157	1,310	1,457	1,563	1,568	2,100	346	2,610	347	1,316	2,286
Current Assets	-1.5%	166	169	124	139	167	194	157	191	198	144	163	186	1.00	239	2.00	0.00	152
Cash Equivalents	-35.5%	24.00	37.00	20.00	38.00	63.00	83.00	49.00	80.00	95.00	49.00	66.00	91.00	98.00	142	154	142	38.00
Net PPE	-6.6%	94.00	100	110	115	120	124	130	135	137	140	135	134	134	137	-	-	155
Goodwill	0%	290	290	290	290	286	286	338	404	492	609	603	911	1,300	1,330	-	-	1,330
Liabilities	0.1%	880	879	851	870	885	890	865	902	919	1,051	1,066	1,265	1,487	1,709	1,545	-	1,381
Current Liabilities	-10.7%	140	156	119	126	111	117	116	132	122	137	125	129	6.00	143	2.00	0.00	78.00
Long Term Debt	20.3%	96.00	79.00	95.00	97.00	534	-	480	479	478	544	545	547	990	991	-	-	989
LT Debt, Current	-	-	-	-	-	-	-	-	-	-	8.00	8.00	8.00	8.00	8.00	-	-	8.00
LT Debt, Non Current	-	-	-	-	-	534	532	480	479	478	544	545	547	990	991	-	-	989
Shareholder's Equity	-18.3%	-113	-95.85	-	-	20.00	44.00	152	267	398	512	509	836	881	901	901	901	905
Retained Earnings	-1.0%	-1,423	-1,409	-1,403	-1,388	-1,365	-1,339	-1,236	-1,120	-984	-847	-855	-523	-5.81	-68.80	-8.81	-0.02	-63.03
Additional Paid-In Capital	-0.2%	1,306	1,308	1,309	1,310	1,380	1,379	1,377	1,375	1,373	1,352	1,351	1,349	11.00	955	14.00	0.00	953
Shares Outstanding	5.0%	4.00	4.00	4.00	4.00	4.00	4.00	4.00	4.00	4.00	4.00	4.00	4.00	-	-	-	-	-
Minority Interest	1.4%	5.00	5.00	4.00	5.00	5.00	4.00	5.00	6.00	6.00	7.00	7.00	10.00	15.00	17.00	-	-	16.00
Float	-	-	-	-	17.00	-	-	-	147	-	-	-	734	-	367	-	-	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																			(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2018Q4
Cashflow From Operations	-822.9%	-39,100	5,409	-12,475	8,924	-14,224	-6,428	-26,343	-6,006	-26,731	-3,437	-11,554	2,963	-30,072	-317	-450	118,740	1,872	-	-
Share Based Compensation	2.3%	2,268	2,216	2,300	2,800	1,500	1,529	1,900	2,000	1,960	890	1,248	3,112	504	503	473	466	494	-	-
Cashflow From Investing	8.7%	-2,492	-2,730	-4,511	-5,046	-5,079	-6,186	-4,244	-8,960	-8,658	-11,186	-9,760	-10,181	-8,762	-3,058	-345,000	-4,274	-6,958	-	-
Cashflow From Financing	97.9%	28,483	14,393	-982	-29,255	-761	47,184	-524	-151	81,570	-2,853	-3,163	110	-5,617	-2,668	346,916	-21,041	15,405	-	-

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ATIP Income Statement

2024-03-31

Condensed Consolidated Statements of Operations - USD ($) shares in Thousands, $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Net revenue	$ 181,472	$ 166,932
Cost of services:
Salaries and related costs	99,328	90,703
Rent, clinic supplies, contract labor and other	55,261	52,878
Provision for doubtful accounts	4,981	4,125
Total cost of services	159,570	147,706
Selling, general and administrative expenses	26,202	30,595
Goodwill, intangible and other asset impairment charges	478	0
Operating loss	(4,778)	(11,369)
Change in fair value of 2L Notes	(5,407)	0
Change in fair value of warrant liability and contingent common shares liability	(103)	(511)
Interest expense, net	14,483	13,936
Other (income) expense, net	(94)	354
Loss before taxes	(13,657)	(25,148)
Income tax (benefit) expense	(134)	62
Net loss	(13,523)	(25,210)
Net income attributable to non-controlling interests	1,128	1,060
Net loss attributable to ATI Physical Therapy, Inc.	(14,651)	(26,270)
Less: Series A Senior Preferred Stock redemption value adjustments	(1,562)	0
Less: Series A Senior Preferred Stock cumulative dividend	6,183	5,303
Net loss available to common stockholders, diluted	(19,272)	(31,573)
Net loss available to common stockholders, basic	$ (19,272)	$ (31,573)
Loss per share of Class A common stock:
Basic (in dollars per share)	$ (4.61)	$ (7.70)
Diluted (in dollars per share)	$ (4.61)	$ (7.70)
Weighted average shares outstanding:
Basic (in shares)	4,180	4,098
Diluted (in shares)	4,180	4,098
Net patient revenue
Net revenue	$ 165,407	$ 150,754
Other revenue
Net revenue	$ 16,065	$ 16,178

ATIP Balance Sheet

2024-03-31

Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands

Mar. 31, 2024

Dec. 31, 2023

Current assets:

Cash and cash equivalents

$ 23,727

$ 36,802

Accounts receivable (net of allowance for doubtful accounts of $50,443 and $48,055 at March 31, 2024 and December 31, 2023, respectively)

100,518

88,512

Prepaid expenses

10,515

12,920

Insurance recovery receivable

28,680

23,981

Other current assets

1,125

4,367

Assets held for sale

1,606

2,056

Total current assets

166,171

168,638

Property and equipment, net

93,815

100,422

Operating lease right-of-use assets

191,499

194,423

Goodwill, net

289,650

Trade name and other intangible assets, net

245,714

245,858

Other non-current assets

4,644

4,290

Total assets

991,493

1,003,281

Current liabilities:

Accounts payable

10,860

14,704

Accrued expenses and other liabilities

76,205

88,435

Current portion of operating lease liabilities

51,339

51,530

Liabilities held for sale

1,319

1,778

Total current liabilities

139,723

156,447

Long-term debt, net

^[1]

439,274

433,578

2L Notes due to related parties, at fair value

95,615

79,472

Deferred income tax liabilities

21,233

21,367

Operating lease liabilities

181,975

185,602

Other non-current liabilities

2,063

2,277

Total liabilities

879,883

878,743

Commitments and contingencies (Note 14)

Mezzanine equity:

Series A Senior Preferred Stock, $0.0001 par value; 1.0 million shares authorized; 0.2 million shares issued and outstanding; $1,286.53 stated value per share at March 31, 2024; $1,249.06 stated value per share at December 31, 2023

225,014

220,393

Stockholders' equity:

Class A common stock, $0.0001 par value; 470.0 million shares authorized; 4.5 million shares issued, 4.2 million shares outstanding at March 31, 2024; 4.2 million shares issued, 4.0 million shares outstanding at December 31, 2023

Treasury stock, at cost, 0.085 million shares and 0.007 million shares at March 31, 2024 and December 31, 2023, respectively

(697)

(219)

Additional paid-in capital

1,305,766

1,308,119

Accumulated other comprehensive income

266

406

Accumulated deficit

(1,423,957)

(1,409,306)

Total ATI Physical Therapy, Inc. equity

(118,622)

(101,000)

Non-controlling interests

5,218

5,145

Total stockholders' equity

(113,404)

(95,855)

Total liabilities, mezzanine equity and stockholders' equity

$ 991,493

$ 1,003,281

[1]	Includes $17.0 million of principal amount of debt due to related parties as of March 31, 2024 and December 31, 2023, respectively.

About ATI Physical Therapy, Inc.

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. The company offers outpatient physical therapy services under the ATI Physical Therapy name. ATI Physical Therapy, Inc. was founded in 1996 and is based in Bolingbrook, Illinois.

CEO	Ms. Sharon Vitti
WEBSITE	atipt.com
INDUSTRY	Healthcare Plans
EMPLOYEES	5700

ATI Physical Therapy, Inc. Frequently Asked Questions

What is the ticker symbol for ATI Physical Therapy, Inc.? What does ATIP stand for in stocks?

ATIP is the stock ticker symbol of ATI Physical Therapy, Inc.. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of ATI Physical Therapy, Inc. (ATIP)?

As of Fri May 17 2024, market cap of ATI Physical Therapy, Inc. is 21.98 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of ATIP stock?

You can check ATIP's fair value in chart for subscribers.

What is the fair value of ATIP stock?

You can check ATIP's fair value in chart for subscribers. The fair value of ATI Physical Therapy, Inc. is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of ATI Physical Therapy, Inc. is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for ATIP so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is ATI Physical Therapy, Inc. a good stock to buy?

The fair value guage provides a quick view whether ATIP is over valued or under valued. Whether ATI Physical Therapy, Inc. is cheap or expensive depends on the assumptions which impact ATI Physical Therapy, Inc.'s fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for ATIP.

What is ATI Physical Therapy, Inc.'s Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri May 17 2024, ATIP's PE ratio (Price to Earnings) is -0.38 and Price to Sales (PS) ratio is 0.03. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. ATIP PE ratio will change depending on the future growth rate expectations of investors.