Atlas Air Worldwide - AAWW Stock Forecast, Price & News

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Atlas Air Worldwide in the last year. There are currently 4 hold ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" AAWW shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in AAWW, but not buy additional shares or sell existing shares.
View AAWW analyst ratings or view top-rated stocks.

4 Wall Street analysts have issued 1 year price objectives for Atlas Air Worldwide's shares. Their AAWW share price forecasts range from $73.00 to $102.50. On average, they predict the company's stock price to reach $95.13 in the next year. This suggests that the stock has a possible downside of 7.2%.
View analysts price targets for AAWW or view top-rated stocks among Wall Street analysts.

Atlas Air Worldwide's stock was trading at $100.80 at the start of the year. Since then, AAWW stock has increased by 1.7% and is now trading at $102.48.
View the best growth stocks for 2023 here.

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 4th 2023.
View our AAWW earnings forecast.

Atlas Air Worldwide Holdings, Inc. (NASDAQ:AAWW) posted its earnings results on Thursday, February, 23rd. The transportation company reported $5.17 earnings per share for the quarter, beating analysts' consensus estimates of $5.10 by $0.07. The transportation company earned $1.21 billion during the quarter, compared to analysts' expectations of $1.27 billion. Atlas Air Worldwide had a trailing twelve-month return on equity of 14.39% and a net margin of 7.82%. The business's quarterly revenue was up 3.8% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $7.05 EPS.

ETFs with the largest weight of Atlas Air Worldwide (NASDAQ:AAWW) stock in their portfolio include IQ Merger Arbitrage ETF (MNA), AltShares Merger Arbitrage ETF (ARB), ProShares Merger ETF (MRGR), AltShares Event-Driven ET (EVNT), Goldman Sachs Hedge Industry VIP ETF (GVIP), First Trust Merger Arbitrage ETF (MARB), Invesco S&P SmallCap Industrials ETF (PSCI) and Cambria Value and Momentum ETF (VAMO).

Atlas Air Worldwide announced that its board has initiated a share repurchase plan on Thursday, February 17th 2022, which allows the company to repurchase $200,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to buy up to 8.8% of its shares through open market purchases. Shares repurchase plans are typically an indication that the company's board of directors believes its stock is undervalued.

Atlas Air Worldwide updated its FY 2022 earnings guidance on Tuesday, January, 31st. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $4.50 billion-$4.60 billion, compared to the consensus revenue estimate of $4.60 billion.

85 employees have rated Atlas Air Worldwide Chief Executive Officer Bill Flynn on Glassdoor.com. Bill Flynn has an approval rating of 50% among the company's employees. This puts Bill Flynn in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other Atlas Air Worldwide investors own include AbbVie (ABBV), AT&T (T), Pfizer (PFE), QUALCOMM (QCOM), Advanced Micro Devices (AMD), Energy Transfer (ET), Intel (INTC), Micron Technology (MU), Johnson & Johnson (JNJ) and NVIDIA (NVDA).

Atlas Air Worldwide trades on the NASDAQ under the ticker symbol "AAWW."

Atlas Air Worldwide's stock is owned by many different institutional and retail investors. Top institutional shareholders include Dimensional Fund Advisors LP (7.09%), Alpine Associates Management Inc. (2.84%), Arrowstreet Capital Limited Partnership (1.90%), Geode Capital Management LLC (1.79%), Water Island Capital LLC (1.52%) and Charles Schwab Investment Management Inc. (1.30%). Insiders that own company stock include Adam Richard Kokas, Duncan J Mcnabb, James Anthony Forbes, John K Wulff, John W Dietrich, Keith H Mayer, Michael Steen, Spencer Schwartz and William J Flynn.
View institutional ownership trends.

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

One share of AAWW stock can currently be purchased for approximately $102.48.

Atlas Air Worldwide (NASDAQ:AAWW) has a market capitalization of $2.93 billion and generates $4.55 billion in revenue each year. The transportation company earns $355.88 million in net income (profit) each year or $10.52 on an earnings per share basis.

The company employs 4,500 workers across the globe.

Atlas Air Worldwide's mailing address is 2000 Westchester Avenue, Purchase NY, 10577. The official website for the company is www.atlasair.com. The transportation company can be reached via phone at (914) 701-8000, via email at investorrelations@atlasair.com, or via fax at 914-701-8001.