NASDAQ:ATSG - Air Transport Services Group Stock Price, Price Target & More

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

Air Transport Services Group declared that its board has authorized a stock buyback plan on Wednesday, February 28th 2018, which allows the company to buyback $50,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to reacquire shares of its stock through open market purchases. Stock buyback plans are generally a sign that the company's management believes its stock is undervalued.

Air Transport Services Group Inc. (NASDAQ:ATSG) posted its quarterly earnings results on Tuesday, May, 8th. The transportation company reported $0.35 EPS for the quarter, topping the consensus estimate of $0.22 by $0.13. The transportation company earned $257.40 million during the quarter, compared to analysts' expectations of $244.15 million. Air Transport Services Group had a net margin of 2.36% and a return on equity of 21.26%. Air Transport Services Group's quarterly revenue was up 8.2% on a year-over-year basis. During the same period in the previous year, the business posted $0.17 earnings per share. View Air Transport Services Group's Earnings History.

5 brokerages have issued twelve-month price objectives for Air Transport Services Group's stock. Their forecasts range from $22.00 to $32.00. On average, they expect Air Transport Services Group's stock price to reach $27.00 in the next year. View Analyst Ratings for Air Transport Services Group.

Some companies that are related to Air Transport Services Group include Air China (AIRYY), Grupo Aeroportr dl Pcfco SAB de CV (PAC), Schneider National (SNDR), Kirby (KEX), Trinity Industries (TRN), Genesee & Wyoming (GWR), Landstar System (LSTR), BBA AVIATION PL/ADR (BBAVY), BEST (BSTI), Air Lease (AL), Grupo Aeroportuario dl Srst SAB CV (ASR), Copa (CPA), Guangshen Railway Co. Ltd ADR Class H (GSH), Ryder System (R) and Nabtesco (NCTKF).

Press coverage about ATSG stock has been trending somewhat positive recently, according to Accern Sentiment. The research group identifies negative and positive press coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Air Transport Services Group earned a media sentiment score of 0.07 on Accern's scale. They also assigned news stories about the transportation company an impact score of 46.91 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company's share price in the near future.

Air Transport Services Group's stock is owned by many different of institutional and retail investors. Top institutional investors include Dimensional Fund Advisors LP (6.18%), BlackRock Inc. (5.69%), Barrow Hanley Mewhinney & Strauss LLC (4.53%), Victory Capital Management Inc. (1.90%), Nuveen Asset Management LLC (1.75%) and Prescott Group Capital Management L.L.C. (1.48%). Company insiders that own Air Transport Services Group stock include Brady Thomas Templeton, Jeffrey J Vorholt, John Matthew Starkovich, Joseph C Hete, Joseph Edward Roux, Matthew E Fedders, Quint O Turner, Richard Francis Corrado, Richard M Baudouin, W Joseph Payne and Willem Mesdag. View Institutional Ownership Trends for Air Transport Services Group.

ATSG stock was sold by a variety of institutional investors in the last quarter, including Victory Capital Management Inc., Prescott Group Capital Management L.L.C., Dimensional Fund Advisors LP, Hodges Capital Management Inc., Rothschild Asset Management Inc., Russell Investments Group Ltd., River Road Asset Management LLC and JPMorgan Chase & Co.. Company insiders that have sold Air Transport Services Group company stock in the last year include Joseph Edward Roux, Quint O Turner, Richard Francis Corrado, Richard M Baudouin and W Joseph Payne. View Insider Buying and Selling for Air Transport Services Group.

ATSG stock was acquired by a variety of institutional investors in the last quarter, including Millennium Management LLC, Allianz Asset Management GmbH, Allianz Asset Management GmbH, Tygh Capital Management Inc., A.R.T. Advisors LLC, Nuveen Asset Management LLC, GSA Capital Partners LLP and Aldebaran Financial Inc.. View Insider Buying and Selling for 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, Scottrade, Fidelity and Charles Schwab.

One share of ATSG stock can currently be purchased for approximately $23.65.

Air Transport Services Group has a market capitalization of $1.38 billion and generates $1.07 billion in revenue each year. The transportation company earns $18.49 million in net income (profit) each year or $0.90 on an earnings per share basis. Air Transport Services Group employs 3,010 workers across the globe.

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]