NASDAQ:ATSGAir Transport Services Group Stock Price, Forecast & News

$20.76

-0.35 (-1.66 %)

(As of 05/25/2020 04:00 PM ET)

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Today's Range

$20.53

Now: $20.76▼

$21.41

50-Day Range

$17.32

MA: $19.63▼

$21.58

52-Week Range

$13.20

Now: $20.76▼

$25.60

Volume359,335 shs

Average Volume549,885 shs

Market Capitalization$1.24 billion

P/E RatioN/A

Dividend YieldN/A

Beta0.86

Air Transport Services Group, Inc., through its subsidiaries, operates in the airfreight and logistics industry. The company owns and leases cargo aircraft to airlines and other customers. It also provides airline operations to delivery companies, airlines, freight forwarders, and the U.S. Military, as well as operates charter agreements. In addition, the company offers mail and package sorting services, as well as related maintenance services for material handling equipment, ground equipment, and facilities; airframe modification and maintenance, component repair, engineering, aircraft line maintenance, and insurance services; and flight crew training, load transfer and sorting services. Further, it rents ground equipment and sells aviation fuel; and resells and brokers aircraft parts. As of December 31, 2018, the company owned a fleet of 91 serviceable Boeing 777,767, 757, and 737 passenger and cargo aircraft. The company, formerly known as ABX Holdings, Inc., was founded in 1980 and is headquartered in Wilmington, Ohio.

Beat the Market (BTM) Rank^™

2.3 Analyst's Opinion

Consensus Rating
Air Transport Services Group has received a consensus rating of Buy. The company's average rating score is 2.67, and is based on 2 buy ratings, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $24.17, Air Transport Services Group has a potential upside of 16.4% from its current price of $20.76.
Amount of Analyst Coverage
Air Transport Services Group has only been the subject of 3 research reports in the past 90 days.

2.0 Community Rank

Outperform Votes
Air Transport Services Group has received 266 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Air Transport Services Group has received 389 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Air Transport Services Group has received 59.39% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Air Transport Services Group and other stocks. Vote “Outperform” if you believe ATSG will outperform the S&P 500 over the long term. Vote “Underperform” if you believe ATSG will underperform the S&P 500 over the long term. You may vote once every thirty days.

0.0 Dividend Strength

Dividend Yield
Air Transport Services Group does not currently pay a dividend.
Dividend Growth
Air Transport Services Group does not have a long track record of dividend growth.

1.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Air Transport Services Group insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 2.30% of the stock of Air Transport Services Group is held by insiders.
Percentage Held by Institutions
91.67% of the stock of Air Transport Services Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.6 Earnings and Valuation

Earnings Growth
Earnings for Air Transport Services Group are expected to grow by 19.44% in the coming year, from $1.44 to $1.72 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Air Transport Services Group is -1,038.00, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Air Transport Services Group is -1,038.00, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Air Transport Services Group has a P/B Ratio of 2.68. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

1.19 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry Air courier services

Sub-IndustryAir Freight & Logistics

SectorTransportation

Current SymbolNASDAQ:ATSG

Previous Symbol

CUSIP00922R10

CIK894081

Webwww.atsginc.com

Phone937-382-5591

Debt

Debt-to-Equity Ratio2.64

Current Ratio1.21

Quick Ratio1.04

Price-To-Earnings

Trailing P/E RatioN/A

Forward P/E Ratio14.42

P/E GrowthN/A

Sales & Book Value

Annual Sales$1.45 billion

Price / Sales0.85

Cash Flow$6.70 per share

Price / Cash Flow3.10

Book Value$7.75 per share

Price / Book2.68

Profitability

EPS (Most Recent Fiscal Year)$1.51

Net Income$61.20 million

Net Margins11.79%

Return on Equity22.63%

Return on Assets3.87%

Miscellaneous

Employees4,380

Outstanding Shares59,620,000

Market Cap$1.24 billion

Next Earnings Date8/3/2020 (Estimated)

OptionableOptionable

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Air Transport Services Group (NASDAQ:ATSG) Frequently Asked Questions

How has Air Transport Services Group's stock been impacted by COVID-19 (Coronavirus)?

Air Transport Services Group's stock was trading at $15.08 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, ATSG stock has increased by 37.7% and is now trading at $20.76. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Air Transport Services Group?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Air Transport Services Group in the last year. There are currently 1 hold rating and 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Air Transport Services Group.

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

Air Transport Services Group is scheduled to release its next quarterly earnings announcement on Monday, August 3rd 2020. View our earnings forecast for Air Transport Services Group.

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

Air Transport Services Group Inc. (NASDAQ:ATSG) announced its earnings results on Tuesday, May, 5th. The transportation company reported $0.43 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.40 by $0.03. The transportation company earned $389.30 million during the quarter, compared to analyst estimates of $367.25 million. Air Transport Services Group had a net margin of 11.79% and a return on equity of 22.63%. The company's revenue was up 11.8% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.37 earnings per share. View Air Transport Services Group's earnings history.

What price target have analysts set for ATSG?

3 brokerages have issued 12-month price targets for Air Transport Services Group's shares. Their forecasts range from $20.50 to $27.00. On average, they expect Air Transport Services Group's share price to reach $24.17 in the next twelve months. This suggests a possible upside of 16.4% from the stock's current price. View analysts' price targets for Air Transport Services Group.

Has Air Transport Services Group been receiving favorable news coverage?

Media headlines about ATSG stock have been trending somewhat positive this week, InfoTrie reports. InfoTrie ranks the sentiment of news coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Air Transport Services Group earned a news impact score of 1.5 on InfoTrie's scale. They also assigned news headlines about the transportation company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the stock's share price in the next several days. View the latest news aboutAir Transport Services Group.

Are investors shorting Air Transport Services Group?

Air Transport Services Group saw a drop in short interest during the month of May. As of May 15th, there was short interest totaling 2,380,000 shares, a drop of 18.2% from the April 30th total of 2,910,000 shares. Based on an average daily trading volume, of 666,400 shares, the short-interest ratio is presently 3.6 days. Currently, 4.1% of the shares of the stock are sold short. View Air Transport Services Group's Current Options Chain.

Who are some of Air Transport Services Group's key competitors?

Some companies that are related to Air Transport Services Group include United Parcel Service (UPS), FedEx (FDX), Expeditors International of Washington (EXPD), C.H. Robinson Worldwide (CHRW), XPO Logistics (XPO), Hub Group (HUBG), Forward Air (FWRD), Atlas Air Worldwide (AAWW), Echo Global Logistics (ECHO) and Park-Ohio (PKOH). View all competitors.

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

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

Who are Air Transport Services Group's key executives?

Air Transport Services Group's management team includes the following people:

Mr. Joseph C. Hete, Pres, CEO & Director (Age 64)
Mr. Quint O. Turner, Chief Financial Officer (Age 56)
Mr. Richard F. Corrado, Chief Operating Officer (Age 59)
Mr. W. Joseph Payne, Chief Legal Officer & Sec. (Age 55)
Mr. Michael L. Berger, Chief Commercial Officer & Pres of Airborne Global Solutions (Age 57)

What is Air Transport Services Group's stock symbol?

Air Transport Services Group trades on the NASDAQ under the ticker symbol "ATSG."

Who are Air Transport Services Group's major shareholders?

Air Transport Services Group's stock is owned by many different institutional and retail investors. Top institutional investors include Waddell & Reed Financial Inc. (3.49%), Russell Investments Group Ltd. (2.46%), Nuveen Asset Management LLC (2.41%), State Street Corp (2.00%), Private Capital Management LLC (1.98%) and Geode Capital Management LLC (1.46%). Company insiders that own Air Transport Services Group stock include Brady Thomas Templeton, Jeffrey C Crippen, Jeffrey J Vorholt, Joseph C Hete, Michael L Berger, Quint O Turner, Raymond E Johns Jr, Robert K Coretz, Sarah Elizabeth Williams and W Joseph Payne. View institutional ownership trends for Air Transport Services Group.

Which major investors are selling Air Transport Services Group stock?

ATSG stock was sold by a variety of institutional investors in the last quarter, including Rice Hall James & Associates LLC, Nuveen Asset Management LLC, Emerald Mutual Fund Advisers Trust, Emerald Advisers LLC, Private Capital Management LLC, Prescott Group Capital Management L.L.C., Rothschild & Co. Asset Management US Inc., and UBS Group AG. Company insiders that have sold Air Transport Services Group company stock in the last year include Brady Thomas Templeton, Jeffrey J Vorholt, Quint O Turner, Sarah Elizabeth Williams, and W Joseph Payne. View insider buying and selling activity for Air Transport Services Group.

Which major investors are buying Air Transport Services Group stock?

ATSG stock was acquired by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., U S Global Investors Inc., TCW Group Inc., Raymond James & Associates, Invesco Ltd., Geode Capital Management LLC, Cadence Capital Management LLC, and Cornercap Investment Counsel Inc.. Company insiders that have bought Air Transport Services Group stock in the last two years include Jeffrey C Crippen, Joseph C Hete, Michael L Berger, Raymond E Johns Jr, and Robert K Coretz. View insider buying and selling activity for Air Transport Services Group.

How do I buy shares of Air Transport Services Group?

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

What is Air Transport Services Group's stock price today?

One share of ATSG stock can currently be purchased for approximately $20.76.

How big of a company is Air Transport Services Group?

Air Transport Services Group has a market capitalization of $1.24 billion and generates $1.45 billion in revenue each year. The transportation company earns $61.20 million in net income (profit) each year or $1.51 on an earnings per share basis. Air Transport Services Group employs 4,380 workers across the globe.

What is Air Transport Services Group's official website?

The official website for Air Transport Services Group is www.atsginc.com.

How can I contact Air Transport Services Group?

Air Transport Services Group's mailing address is 145 HUNTER DR, WILMINGTON OH, 45177. The transportation company can be reached via phone at 937-382-5591 or via email at [email protected]

This page was last updated on 5/25/2020 by MarketBeat.com Staff