NASDAQ:ATSG

Air Transport Services Group (ATSG) Stock Price, News & Analysis

$14.70
+0.11 (+0.75%)
(As of 03:03 PM ET)
Today's Range
$14.43
$14.82
50-Day Range
$11.78
$14.71
52-Week Range
$11.62
$24.96
Volume
151,458 shs
Average Volume
613,041 shs
Market Capitalization
$965.55 million
P/E Ratio
19.60
Dividend Yield
N/A
Price Target
$21.83

Air Transport Services Group MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.67 Rating Score
Upside/​Downside
49.7% Upside
$21.83 Price Target
Short Interest
Healthy
7.42% of Float Sold Short
Dividend Strength
N/A
Sustainability
-5.94
Upright™ Environmental Score
News Sentiment
0.62mentions of Air Transport Services Group in the last 14 days
Based on 26 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
45.21%
From $0.73 to $1.06 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.29 out of 5 stars

Transportation Sector

27th out of 114 stocks

Air Courier Services Industry

2nd out of 2 stocks

ATSG stock logo

About Air Transport Services Group Stock (NASDAQ:ATSG)

Air Transport Services Group, Inc., together with its subsidiaries, provides aircraft leasing, and air cargo transportation and related services in the United States and internationally. It operates in two segments, Cargo Aircraft Management Inc. (CAM) and ACMI Services. The company offers aircraft, flight crews, aircraft hull and liability insurance, and aviation fuel services; and aircraft maintenance and modification services, including airframe modification and heavy maintenance, component repairs, engineering services, and aircraft line maintenance. It also provides equipment maintenance services; cargo load transfer and package sorting services; crew training services; and airline express operation, line and heavy maintenance, and ground handling services. The company's ground support services include labor and management for cargo load transfer and sorting; design, installation, and maintenance of material handling equipment; leasing and maintenance of ground support equipment; general facilities maintenance; and resells aviation fuel at the air park in Wilmington, Ohio. Further, the company operates cargo and passenger transportation business; resells and brokers aircraft parts; and performs passenger-to-freighter and passenger-to-combi conversions of aircraft. It provides its services to delivery companies, freight forwarders, airlines, air transportation, e-commerce, package delivery, and logistics industries, as well as government customers. As of December 31, 2023, the company's in-service aircraft fleet consisted of 107 owned Boeing aircraft, three Airbus aircraft, and 20 leased aircraft. The company was formerly known as ABX Holdings, Inc. and changed its name to Air Transport Services Group, Inc. Air Transport Services Group, Inc. was founded in 1980 and is headquartered in Wilmington, Ohio.

ATSG Stock Price History

ATSG Stock News Headlines

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ATSG Expands Operations in the Amazon Air Network
ATSG Reports First Quarter 2024 Results
ATSG Reports First Quarter 2024 Results
Air Transport Services Group Inc
Air Transport Services Group, Inc. (ATSG)
ABX Air pilots choose cooperation over confrontation
See More Headlines
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Company Calendar

Last Earnings
5/06/2024
Today
5/09/2024
Next Earnings (Estimated)
8/01/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Air courier services
Sub-Industry
Air Freight & Logistics
Current Symbol
NASDAQ:ATSG
CUSIP
00922R10
Employees
5,095
Year Founded
2007

Price Target and Rating

Average Stock Price Target
$21.83
High Stock Price Target
$30.00
Low Stock Price Target
$14.00
Potential Upside/Downside
+49.7%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
6 Analysts

Profitability

Net Income
$60.33 million
Pretax Margin
4.07%

Debt

Sales & Book Value

Annual Sales
$2.06 billion
Cash Flow
$8.24 per share
Book Value
$20.97 per share

Miscellaneous

Free Float
63,516,000
Market Cap
$957.67 million
Optionable
Optionable
Beta
0.85

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ATSG Stock Analysis - Frequently Asked Questions

Should I buy or sell Air Transport Services Group stock right now?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Air Transport Services Group in the last year. There are currently 2 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" ATSG shares.
View ATSG analyst ratings
or view top-rated stocks.

What is Air Transport Services Group's stock price target for 2024?

6 equities research analysts have issued 12-month target prices for Air Transport Services Group's shares. Their ATSG share price targets range from $14.00 to $30.00. On average, they expect the company's stock price to reach $21.83 in the next twelve months. This suggests a possible upside of 49.7% from the stock's current price.
View analysts price targets for ATSG
or view top-rated stocks among Wall Street analysts.

How have ATSG shares performed in 2024?

Air Transport Services Group's stock was trading at $17.61 at the beginning of 2024. Since then, ATSG shares have decreased by 17.2% and is now trading at $14.58.
View the best growth stocks for 2024 here
.

Are investors shorting Air Transport Services Group?

Air Transport Services Group saw a decline in short interest during the month of April. As of April 15th, there was short interest totaling 3,770,000 shares, a decline of 9.6% from the March 31st total of 4,170,000 shares. Based on an average trading volume of 634,800 shares, the short-interest ratio is currently 5.9 days. Currently, 7.4% of the company's shares are sold short.
View Air Transport Services Group's Short Interest
.

When is Air Transport Services Group's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, August 1st 2024.
View our ATSG earnings forecast
.

How were Air Transport Services Group's earnings last quarter?

Air Transport Services Group, Inc. (NASDAQ:ATSG) issued its earnings results on Monday, May, 6th. The transportation company reported $0.16 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.13 by $0.03. The transportation company earned $485.50 million during the quarter, compared to analyst estimates of $479.77 million. Air Transport Services Group had a trailing twelve-month return on equity of 7.93% and a net margin of 2.91%. The company's revenue was down 3.1% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.36 EPS.

What ETFs hold Air Transport Services Group's stock?
What guidance has Air Transport Services Group issued on next quarter's earnings?

Air Transport Services Group updated its FY 2024 earnings guidance on Monday, May, 6th. The company provided EPS guidance of 0.550-0.800 for the period, compared to the consensus estimate of 0.700. The company issued revenue guidance of -.

What other stocks do shareholders of Air Transport Services Group own?
Who are Air Transport Services Group's major shareholders?

Air Transport Services Group's stock is owned by a variety of retail and institutional investors. Top institutional investors include U S Global Investors Inc. (3.05%), Anchor Capital Management Company LLC (1.35%), First Eagle Investment Management LLC (0.74%), Raymond James & Associates (0.71%), Peregrine Capital Management LLC (0.44%) and Empowered Funds LLC (0.37%). Insiders that own company stock include Amazon Com Inc, David R Soaper, Deborah A Loveless, Edward Joseph Koharik III, Edward Russell Smethwick, James T Pradetto, Jeffrey J Vorholt, John Christopher Teets, Joseph C Hete, Matthew E Fedders, Michael L Berger, Quint O Turner, Randy D Rademacher, Raymond E Johns Jr and Richard Francis Corrado.
View institutional ownership trends
.

How do I buy shares of Air Transport Services Group?

Shares of ATSG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:ATSG) was last updated on 5/9/2024 by MarketBeat.com Staff

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