Air Transport Services Group (ATSG) to Release Quarterly Earnings on Monday

Air Transport Services Group (NASDAQ:ATSG - Get Free Report) is anticipated to announce its earnings results before the market opens on Monday, February 24th. Analysts expect the company to announce earnings of $0.29 per share and revenue of $521.36 million for the quarter.

Air Transport Services Group Price Performance

NASDAQ ATSG traded down $0.02 on Thursday, reaching $22.30. The company's stock had a trading volume of 549,296 shares, compared to its average volume of 1,000,276. The firm has a market cap of $1.47 billion, a PE ratio of -557.36 and a beta of 0.84. The company has a current ratio of 0.81, a quick ratio of 0.68 and a debt-to-equity ratio of 1.06. Air Transport Services Group has a 52 week low of $11.62 and a 52 week high of $22.34. The business has a 50-day moving average price of $22.10 and a 200 day moving average price of $19.17.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on the company. Truist Financial increased their target price on Air Transport Services Group from $15.00 to $22.50 and gave the stock a "hold" rating in a report on Tuesday, November 5th. Loop Capital reiterated a "hold" rating and set a $22.50 price objective (up from $22.00) on shares of Air Transport Services Group in a research note on Tuesday, November 5th. Finally, StockNews.com started coverage on shares of Air Transport Services Group in a research note on Monday. They issued a "hold" rating on the stock. Four equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of "Hold" and a consensus price target of $20.60.

Air Transport Services Group Company Profile

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.