Atlantic International secures contract renewal with baking company
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Mar 06 2025
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Contract Renewal Announcement: Atlantic International's subsidiary, Lyneer Staffing Solutions, has renewed a significant contract with a major North American baking company in Northern California.
Expansion and Financial Impact: The renewed partnership includes an expansion to additional locations, allowing Lyneer to capture approximately $10M in spending, with staffing operations set to begin shortly.
Analyst Views on ATLN
Wall Street analysts forecast ATLN stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for ATLN is 6.00 USD with a low forecast of 6.00 USD and a high forecast of 6.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
1 Analyst Rating
1 Buy
0 Hold
0 Sell
Moderate Buy
Current: 3.860
Low
6.00
Averages
6.00
High
6.00
Current: 3.860
Low
6.00
Averages
6.00
High
6.00
No data
About ATLN
Atlantic International Corp. is an outsourced services and workforce solutions company. The Company is engaged in servicing the commercial, professional, finance, direct placement, and managed service provider verticals. Through its principal operating subsidiary, Lyneer Investments LLC (Lyneer), it provides customers with complete HR solutions, operating 40 independent on-site and vendor-on-premises facilities. Its core offerings include staffing and recruitment, program management, data mastery, and continuous refinement. Staffing and recruitment offer pioneering client-centric forecasting and staffing solutions. Program management is a bespoke program ensuring longevity and growth in client partnerships. Data mastery is a database solution to monitor usage and pivotal data points. The Company provides permanent, temporary and temp-to-perm placement services in a wide variety of areas, including accounting and finance, administrative and clerical, hospitality, legal, among others.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
