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

Air Transport Services Group's stock was trading at $15.08 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, ATSG shares have increased by 56.7% and is now trading at $23.63. View which stocks have been most impacted by Coronavirus.

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.

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.

Air Transport Services Group Inc. (NASDAQ:ATSG) released 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 the consensus estimate of $367.25 million. Air Transport Services Group had a net margin of 11.79% and a return on equity of 22.63%. The firm's quarterly revenue was up 11.8% on a year-over-year basis. During the same period last year, the business earned $0.37 EPS. View Air Transport Services Group's earnings history.

3 Wall Street analysts have issued twelve-month price objectives 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 stock price to reach $24.17 in the next twelve months. This suggests a possible upside of 2.3% from the stock's current price. View analysts' price targets for Air Transport Services Group.

Media coverage about ATSG stock has trended very negative this week, according to InfoTrie. InfoTrie scores the sentiment of news coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Air Transport Services Group earned a media sentiment score of -3.6 on InfoTrie's scale. They also gave news articles about the transportation company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the stock's share price in the next few days. View the latest news about Air Transport Services Group.

Air Transport Services Group saw a drop in short interest in June. As of June 15th, there was short interest totaling 1,870,000 shares, a drop of 19.7% from the May 31st total of 2,330,000 shares. Based on an average trading volume of 666,600 shares, the short-interest ratio is presently 2.8 days. Approximately 3.2% of the company's shares are sold short. View Air Transport Services Group's Current Options Chain.

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.

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).

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

Air Transport Services Group's stock is owned by a variety of institutional and retail investors. Top institutional investors include Envestnet Asset Management Inc. (0.05%). 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.

ATSG stock was purchased by a variety of institutional investors in the last quarter, including Envestnet Asset Management 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.

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.

One share of ATSG stock can currently be purchased for approximately $23.63.

Air Transport Services Group has a market capitalization of $1.41 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.

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

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]