--- title: "Adams Resources & Energy (NYSE:AE) Now Covered by Analysts at StockNews.com" type: "News" locale: "en" url: "https://longbridge.com/en/news/224284624.md" description: "StockNews.com has initiated coverage on Adams Resources & Energy (NYSE:AE), assigning a \"buy\" rating. B. Riley maintained a \"neutral\" rating with a reduced target price of $38.00. The company's recent quarterly earnings showed a loss of ($1.76) EPS, missing estimates, despite revenue of $695.16 million. Institutional investors have increased their stakes in the company, which operates in crude oil marketing and related services. Adams Resources & Energy's stock opened at $37.31, with a market cap of $96.04 million and a twelve-month high of $37.90." datetime: "2025-01-08T07:29:47.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/224284624.md) - [en](https://longbridge.com/en/news/224284624.md) - [zh-HK](https://longbridge.com/zh-HK/news/224284624.md) generator: "portal-rs" --- # Adams Resources & Energy (NYSE:AE) Now Covered by Analysts at StockNews.com Equities researchers at StockNews.com began coverage on shares of Adams Resources & Energy (NYSE:AE - Get Free Report) in a note issued to investors on Wednesday. The brokerage set a "buy" rating on the stock. - Atlas Energy Solutions: A New Star in the SmallCap 600 Index Separately, B. Riley reiterated a "neutral" rating and issued a $38.00 target price (down from $45.00) on shares of Adams Resources & Energy in a research note on Wednesday, November 13th. **Check Out Our Latest Research Report on Adams Resources & Energy** ## Adams Resources & Energy Price Performance - Is Back-to-School Spending a Sign of Growing Consumer Confidence? Shares of NYSE:AE opened at $37.31 on Wednesday. The company has a quick ratio of 0.89, a current ratio of 1.04 and a debt-to-equity ratio of 0.17. The stock's 50 day moving average is $35.30 and its 200-day moving average is $29.00. Adams Resources & Energy has a twelve month low of $22.30 and a twelve month high of $37.90. The firm has a market capitalization of $96.04 million, a price-to-earnings ratio of -11.81 and a beta of 0.84. Adams Resources & Energy (NYSE:AE - Get Free Report) last issued its quarterly earnings data on Tuesday, November 12th. The company reported ($1.76) EPS for the quarter, missing analysts' consensus estimates of ($0.56) by ($1.20). Adams Resources & Energy had a negative return on equity of 8.14% and a negative net margin of 0.29%. The company had revenue of $695.16 million for the quarter, compared to the consensus estimate of $649.00 million. Sell-side analysts forecast that Adams Resources & Energy will post -2.65 EPS for the current fiscal year. ## Hedge Funds Weigh In On Adams Resources & Energy - Does A&F's Q2 Earnings Win Point to a Strong Holiday Season? Several institutional investors and hedge funds have recently made changes to their positions in AE. Cerity Partners LLC lifted its position in Adams Resources & Energy by 117.1% in the third quarter. Cerity Partners LLC now owns 20,350 shares of the company's stock valued at $549,000 after purchasing an additional 10,977 shares during the last quarter. Round Hill Asset Management increased its stake in shares of Adams Resources & Energy by 71.6% in the third quarter. Round Hill Asset Management now owns 22,979 shares of the company's stock worth $620,000 after buying an additional 9,587 shares during the period. Geode Capital Management LLC raised its holdings in Adams Resources & Energy by 8.3% during the 3rd quarter. Geode Capital Management LLC now owns 25,124 shares of the company's stock valued at $679,000 after buying an additional 1,916 shares during the last quarter. Bard Associates Inc. boosted its position in Adams Resources & Energy by 13.1% during the 3rd quarter. Bard Associates Inc. now owns 12,438 shares of the company's stock valued at $336,000 after buying an additional 1,443 shares during the period. Finally, Barclays PLC grew its stake in shares of Adams Resources & Energy by 118.5% in the third quarter. Barclays PLC now owns 1,934 shares of the company's stock worth $52,000 after purchasing an additional 1,049 shares during the last quarter. Institutional investors own 57.81% of the company's stock. ## Adams Resources & Energy Company Profile (Get Free Report) Adams Resources & Energy, Inc, through its subsidiaries, primarily engages in the marketing, transportation, terminalling, and storage of crude oil and other related products in the United States. The company operates through four segments: Crude Oil Marketing, Transportation, Pipeline and Storage, and Logistics and Repurposing. ## Further Reading - Five stocks we like better than Adams Resources & Energy - Canadian Penny Stocks: Can They Make You Rich? - Disney: Forging a 3-Headed Sports Streaming Giant With Fubo Deal - Find and Profitably Trade Stocks at 52-Week Lows - How Buffett’s Best and Worst Stock Bets Have Fared 5 Years Later - How to Invest in Tech Stocks and Top Tech Stocks to Consider - Bill Ackman’s Bold Case for Fannie Mae and Freddie Mac *This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.* → Elon’s #1 AI Stock” SET TO SOAR (From Behind the Markets) (Ad) ## Should you invest $1,000 in Adams Resources & Energy right now? Before you consider Adams Resources & Energy, you'll want to hear this. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Adams Resources & Energy wasn't on the list. While Adams Resources & Energy currently has a "Moderate Buy" rating among analysts, top-rated analysts believe these five stocks are better buys. View The Five Stocks Here ### Related Stocks - [AE.US](https://longbridge.com/en/quote/AE.US.md) - [RILY.US](https://longbridge.com/en/quote/RILY.US.md) ## Related News & Research - [BMO Says 'Sell' Nike Stock. 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