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NASDAQ:ATSG

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

$15.87
+0.18 (+1.15%)
(As of 09/5/2024 ET)
Today's Range
$15.55
$15.93
50-Day Range
$13.23
$16.86
52-Week Range
$11.62
$22.13
Volume
585,374 shs
Average Volume
538,192 shs
Market Capitalization
$1.04 billion
P/E Ratio
25.19
Dividend Yield
N/A
Price Target
$21.67

Air Transport Services Group MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.60 Rating Score
Upside/​Downside
36.5% Upside
$21.67 Price Target
Short Interest
Bearish
7.22% of Float Sold Short
Dividend Strength
N/A
Sustainability
-5.94
Upright™ Environmental Score
News Sentiment
0.85mentions of Air Transport Services Group in the last 14 days
Based on 6 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
35.71%
From $0.84 to $1.14 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.

4.17 out of 5 stars

Transportation Sector

27th out of 121 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

Apple to take the AI industry by storm on September 10
Apple is often late to embrace new technologies, yet they almost always go on to crush their competition... But I believe they're finally set to roll out their first ever AI device by September 10...
Air Transport Services Group Inc.
Apple to take the AI industry by storm on September 10
Apple is often late to embrace new technologies, yet they almost always go on to crush their competition... But I believe they're finally set to roll out their first ever AI device by September 10...
See More Headlines
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Company Calendar

Last Earnings
8/08/2024
Today
9/05/2024
Next Earnings (Estimated)
11/04/2024
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
$21.67
High Stock Price Target
$30.00
Low Stock Price Target
$15.00
Potential Upside/Downside
+36.5%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.60
Research Coverage
5 Analysts

Profitability

Net Income
$60.33 million
Pretax Margin
1.54%

Debt

Sales & Book Value

Annual Sales
$2.01 billion
Cash Flow
$6.96 per share
Book Value
$22.28 per share

Miscellaneous

Free Float
63,555,000
Market Cap
$1.04 billion
Optionable
Optionable
Beta
0.84

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ATSG Stock Analysis - Frequently Asked Questions

How have ATSG shares performed this year?

Air Transport Services Group's stock was trading at $17.61 on January 1st, 2024. Since then, ATSG shares have decreased by 9.9% and is now trading at $15.87.
View the best growth stocks for 2024 here
.

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

Air Transport Services Group, Inc. (NASDAQ:ATSG) announced its quarterly earnings results on Thursday, August, 8th. The transportation company reported $0.19 EPS for the quarter, topping analysts' consensus estimates of $0.16 by $0.03. Air Transport Services Group's revenue was down 7.7% compared to the same quarter last year.

Who are Air Transport Services Group's major shareholders?

Air Transport Services Group's top institutional shareholders include Victory Capital Management Inc. (5.88%), Dimensional Fund Advisors LP (5.66%), Barrow Hanley Mewhinney & Strauss LLC (4.51%) and American Century Companies Inc. (2.84%). Insiders that own company stock include Amazon Com Inc, Joseph C Hete, Richard Francis Corrado, Michael L Berger, Randy D Rademacher, Matthew E Fedders, Jeffrey J Vorholt, Edward Joseph Koharik III, Raymond E Johns Jr, Edward Russell Smethwick, John Christopher Teets, James T Pradetto, David R Soaper, Deborah A Loveless and Quint O Turner.
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.

What other stocks do shareholders of Air Transport Services Group own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Air Transport Services Group investors own include Anworth Mortgage Asset (ANH), Fifth Third Bancorp (FITB), Automatic Data Processing (ADP), Procter & Gamble (PG), The PNC Financial Services Group (PNC), Truist Financial (TFC) and Huntington Bancshares (HBAN).

This page (NASDAQ:ATSG) was last updated on 9/6/2024 by MarketBeat.com Staff

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