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Anterix <\/strong>(ATEX) is a Zacks Rank #2 (Buy) that has a F for Value and an F for Growth. This company is focused on enabling private wireless broadband networks for critical infrastructure. ATEX has a primary focus on the US electric utility sector. Let\u2019s learn more about why this stock is the Bull of the Day.<\/p>\n<\/div>\n Description\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<\/strong><\/p>\n<\/div>\n Anterix, Inc. engages in commercializing spectrum assets to enable targeted utility and critical infrastructure customers to deploy private broadband networks, technologies and solutions. Its solutions include Private LTE and Active Ecosystem. The company was founded by Peter Joel Lasensky and Richard Edward Rohmann in 1997 and is headquartered in Woodland Park, NJ.<\/p>\n<\/div>\n Earnings History\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<\/strong><\/p>\n<\/div>\n When I look at a stock, the first thing I do is look to see if the company is beating the number.\u00a0 This tells me right away where the market\u2019s expectations have been for the company and how management has communicated to the market.\u00a0 A stock that consistently beats has management communicating expectations to Wall Street that can be achieved.\u00a0 That is what you want to see.<\/p>\n<\/div>\n Anterix <\/strong>(ATEX) has reported four straight beats of the Zacks Consensus Estimate.\u00a0 Over the course of the last year, the average positive earnings surprise works out to be 36%.<\/p>\n<\/div>\n The company recently reported a loss of 35 cents when the Zacks Consensus Estimate was calling for a loss of 57 cents and that 22 cent beat translates to a positive earnings surprise of 38.6%.<\/p>\n<\/div>\n Earnings Estimates Revisions<\/strong><\/p>\n<\/div>\n Earnings estimate revisions is what the Zacks Rank is all about.\u00a0<\/p>\n<\/div>\n Estimates for 2026 are moving up for Anterix <\/strong>(ATEX).<\/p>\n<\/div>\n The current fiscal year 2026 has increased from $3.06 to $3.30 over the last 90 days.<\/p>\n<\/div>\n Fiscal 2027 has increased from a loss of $2.26 to a loss of $2.11 over the last 60 days.<\/p>\n<\/div>\n Valuation\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<\/strong><\/p>\n<\/div>\n The valuation for Anterix <\/strong>(ATEX) has opened up a lot since the last few months saw the stock nearly double.\u00a0 I see a forward PE of only 9.8x and that is very low.\u00a0 The price to book comes in a 3.26x and that still has room to move higher.\u00a0 Price to sales is the one metric that is aggressively high at 130x.<\/p>\n<\/div>\n Growth this year is going to be minimal with analysts projecting $6.13M in sales and that would be good for 1.6%.\u00a0 Next year is looking a lot better with sales growth of 10.8% and sales of $6.8M.<\/p>\n<\/div>\n The electric utility space is preparing for something it hasn\u2019t ever really seen before, competition.\u00a0 Small scale nuclear reactor from companies like Oklo (OKLO) and Eagle Nuclear Energy Corp (NUCL) plan on delivering significant increases in generation capacity to the grid.\u00a0 The smart utilities are already planning for this and increasing their capabilities to handle and disperse the new loads.<\/p>\n<\/div>\n The next phase of the AI explosion is poised to create significant wealth for investors, especially those who get in early. It will add literally trillion of dollars to the economy and revolutionize nearly every part of our lives.<\/p>\n Investors who bought shares like Nvidia $NVDA<\/a> at the right time have had a shot at huge gains.<\/p>\n But the rocket ride in the “first wave” of AI stocks may soon come to an end. The sharp upward trajectory of these stocks will begin to level off, leaving exponential growth to a new wave of cutting-edge companies.<\/p>\n Zacks’\u00a0AI Boom 2.0: The Second Wave<\/em> report reveals 4 under-the-radar companies that may soon be shining stars of AI\u2019s next leap forward.<\/p>\n Access AI Boom 2.0 now, absolutely free >><\/a><\/div>\n Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report<\/a><\/p>\n<\/div>\nFree Report: Profiting from the 2nd Wave of AI Explosion<\/h2>\n