NASDAQ:ATSG - Air Transport Services Group Stock Price, News & Analysis

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

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

Air Transport Services Group Inc. (NASDAQ:ATSG) released its earnings results on Monday, August, 5th. The transportation company reported $0.27 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.24 by $0.03. The transportation company earned $334.60 million during the quarter, compared to the consensus estimate of $333.05 million. Air Transport Services Group had a net margin of 2.13% and a return on equity of 21.56%. The business's revenue was up 64.3% compared to the same quarter last year. During the same period last year, the company earned $0.28 earnings per share. View Air Transport Services Group's Earnings History.

Air Transport Services Group is scheduled to release their next quarterly earnings announcement on Thursday, November 7th 2019. View Earnings Estimates for Air Transport Services Group.

4 Wall Street analysts have issued 1-year target prices for Air Transport Services Group's shares. Their forecasts range from $26.00 to $31.00. On average, they expect Air Transport Services Group's stock price to reach $29.25 in the next twelve months. This suggests a possible upside of 42.4% from the stock's current price. View Analyst Price Targets for Air Transport Services Group.

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Air Transport Services Group in the last year. There are currently 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Air Transport Services Group.

News stories about ATSG stock have been trending positive on Wednesday, according to InfoTrie Sentiment Analysis. The research firm identifies negative and positive news coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Air Transport Services Group earned a news impact score of 2.5 on InfoTrie's scale. They also assigned media stories about the transportation company a news buzz of 6.0 out of 10, indicating that recent news coverage is somewhat likely to have an effect on the company's share price in the next several days. View News Stories for Air Transport Services Group.

Some companies that are related to Air Transport Services Group include easyJet (EJTTF), Copa (CPA), Air Lease (AL), Kirby (KEX), Landstar System (LSTR), Grupo Aeroportuario dl Srst SAB CV (ASR), INTL CONS AIRL/S (ICAGY), BBA AVIATION PL/ADR (BBAVY), Flughafen Wien (VIAAY), Schneider National (SNDR), COSCO SHIPPING/ADR (CICOY), Nabtesco (NCTKF), Gol Linhas Aereas Inteligentes (GOL), SkyWest (SKYW) and ORIENT OVS INTL/ADR (OROVY).

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), BB&T (BBT), Huntington Bancshares (HBAN), Intersect ENT (XENT), SEASPAN CORP/SH SH (SSW) and Micron Technology (MU).

Air Transport Services Group's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (8.62%), Barrow Hanley Mewhinney & Strauss LLC (4.73%), Barrow Hanley Mewhinney & Strauss LLC (4.72%), Moab Capital Partners LLC (3.20%), Waddell & Reed Financial Inc. (3.13%) and Nuveen Asset Management LLC (2.58%). Company insiders that own Air Transport Services Group stock include Jeffrey C Crippen, Joseph C Hete, Joseph Edward Roux, Michael L Berger, Quint O Turner, Raymond E Johns Jr, Richard Francis Corrado, Richard M Baudouin, Robert K Coretz, Sarah Elizabeth Williams and W Joseph Payne. View Institutional Ownership Trends for Air Transport Services Group.

ATSG stock was sold by a variety of institutional investors in the last quarter, including Morgan Stanley, Barrow Hanley Mewhinney & Strauss LLC, Barrow Hanley Mewhinney & Strauss LLC, Tygh Capital Management Inc., Rice Hall James & Associates LLC, Moab Capital Partners LLC, First Trust Advisors LP and D. E. Shaw & Co. Inc.. Company insiders that have sold Air Transport Services Group company stock in the last year include Quint O Turner, Sarah Elizabeth Williams 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 Roubaix Capital LLC, Waddell & Reed Financial Inc., Emerald Advisers LLC, Emerald Mutual Fund Advisers Trust, Renaissance Technologies LLC, Nuveen Asset Management LLC, Comerica Bank and Hillsdale Investment 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 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 $20.54.

Air Transport Services Group has a market capitalization of $1.22 billion and generates $892.34 million in revenue each year. The transportation company earns $69.29 million in net income (profit) each year or $1.25 on an earnings per share basis. Air Transport Services Group employs 3,830 workers across the globe.View Additional Information About Air Transport Services Group.

The official website for Air Transport Services Group is http://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]