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, and aircraft line maintenance services; and flight crew training, air dispatch, and flight monitoring services. Further, it rents ground equipment and sells aviation fuel; and resells and brokers aircraft parts. As of December 31, 2017, the company owned a fleet of 70 serviceable Boeing 767, 757, and 737 cargo aircraft. The company, formerly known as ABX Holdings, Inc., was founded in 1980 and is headquartered in Wilmington, Ohio.
Industry, Sector and Symbol
Stock Exchange NASDAQ
Industry Air courier services
Sub-IndustryAir Freight & Logistics
SectorTransportation
Current SymbolNASDAQ:ATSG
Previous Symbol
CUSIP00922R10
Phone937-382-5591
Debt
Debt-to-Equity Ratio1.12
Current Ratio1.02
Quick Ratio0.88
Price-To-Earnings
Trailing P/E Ratio19.51
Forward P/E Ratio13.61
P/E GrowthN/A
Sales & Book Value
Annual Sales$1.07 billion
Price / Sales0.97
Cash Flow$3.9819 per share
Price / Cash Flow4.41
Book Value$6.69 per share
Price / Book2.62
Profitability
EPS (Most Recent Fiscal Year)$0.90
Net Income$18.49 million
Net Margins18.06%
Return on Equity19.89%
Return on Assets5.50%
Miscellaneous
Employees3,010
Outstanding Shares59,080,000
Market Cap$1.04 billion
OptionableOptionable
Air Transport Services Group (NASDAQ:ATSG) Frequently Asked Questions
What is Air Transport Services Group's stock symbol?
Air Transport Services Group trades on the NASDAQ under the ticker symbol "ATSG."
How will Air Transport Services Group's stock buyback program work?
Air Transport Services Group declared that its board has approved a stock repurchase program 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 buy shares of its stock through open market purchases. Shares repurchase programs are typically a sign that the company's leadership believes its shares are undervalued.
How were Air Transport Services Group's earnings last quarter?
Air Transport Services Group Inc. (NASDAQ:ATSG) released its earnings results on Friday, November, 2nd. The transportation company reported $0.31 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.32 by $0.01. The transportation company earned $204.90 million during the quarter, compared to the consensus estimate of $209.60 million. Air Transport Services Group had a net margin of 18.06% and a return on equity of 19.89%. The business's quarterly revenue was down 19.4% on a year-over-year basis. During the same quarter last year, the business posted $0.22 EPS. View Air Transport Services Group's Earnings History.
When is Air Transport Services Group's next earnings date?
What price target have analysts set for ATSG?
5 analysts have issued twelve-month target prices for Air Transport Services Group's stock. Their forecasts range from $19.00 to $32.00. On average, they expect Air Transport Services Group's share price to reach $25.80 in the next year. This suggests a possible upside of 46.9% from the stock's current price. View Analyst Price Targets for Air Transport Services Group.
What is the consensus analysts' recommendation for Air Transport Services Group?
5 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 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Air Transport Services Group.
Has Air Transport Services Group been receiving favorable news coverage?
News headlines about ATSG stock have trended somewhat positive on Sunday, InfoTrie Sentiment reports. The research group scores the sentiment of media coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Air Transport Services Group earned a media sentiment score of 1.0 on InfoTrie's scale. They also assigned news articles about the transportation company a news buzz of 4.0 out of 10, meaning that recent media coverage is somewhat unlikely to have an effect on the company's share price in the near term.
Who are some of Air Transport Services Group's key competitors?
Some companies that are related to Air Transport Services Group include Kirby (KEX), Grupo Aeroportuario dl Srst SAB CV (ASR), Grupo Aeroportr dl Pcfco SAB de CV (PAC), Landstar System (LSTR), ROYAL MAIL PLC/ADR (ROYMY), Air Lease (AL), Schneider National (SNDR), Nabtesco (NCTKF), PANALPINA WELTT/ADR (PLWTY), Copa (CPA), Trinity Industries (TRN), Flughafen Wien (VIAAY), GATX (GATX), NIPPON YUSEN KA/S (NPNYY) and BBA AVIATION PL/ADR (BBAVY).
Who are Air Transport Services Group's key executives?
Air Transport Services Group's management team includes the folowing people:
- Mr. Joseph C. Hete, Pres, CEO & Director (Age 63)
- Mr. Quint O. Turner, Chief Financial Officer (Age 55)
- Mr. Richard F. Corrado, Chief Operating Officer (Age 58)
- Mr. W. Joseph Payne, Chief Legal Officer & Sec. (Age 54)
- Mr. Edward Russell Smethwick, VP of Corp. Devel.
Who are Air Transport Services Group's major shareholders?
Air Transport Services Group's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (8.16%), Vanguard Group Inc (8.16%), Dimensional Fund Advisors LP (5.74%), FMR LLC (4.55%), Private Capital Management LLC (2.10%) and Rice Hall James & Associates LLC (1.89%). Company insiders that own Air Transport Services Group stock include Brady Thomas Templeton, Jeffrey J Vorholt, 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.
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 FMR LLC, Emerald Mutual Fund Advisers Trust, Thompson Siegel & Walmsley LLC, SG Capital Management LLC, Tygh Capital Management Inc., Uniplan Investment Counsel Inc., AQR Capital Management LLC and First Trust Advisors LP. Company insiders that have sold Air Transport Services Group company stock in the last year include Quint O Turner, Richard Francis Corrado and W Joseph Payne. View Insider Buying and Selling for Air Transport Services Group.
Which major investors are buying Air Transport Services Group stock?
ATSG stock was bought by a variety of institutional investors in the last quarter, including River Road Asset Management LLC, Marshall Wace LLP, Morgan Stanley, Vanguard Group Inc, Vanguard Group Inc., TCW Group Inc., Rice Hall James & Associates LLC and Deroy & Devereaux Private Investment Counsel Inc.. View Insider Buying and Selling 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, Scottrade, 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 $17.56.
How big of a company is Air Transport Services Group?
Air Transport Services Group has a market capitalization of $1.04 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.
What is Air Transport Services Group's official website?
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]
MarketBeat Community Rating for Air Transport Services Group (NASDAQ ATSG)
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.
