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 approved a stock buyback plan on Wednesday, February 28th 2018, which allows the company to repurchase $50,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to repurchase shares of its stock through open market purchases. Stock repurchase plans are typically a sign that the company's board believes its stock is undervalued.

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

5 brokers have issued twelve-month target prices for Air Transport Services Group's shares. Their predictions range from $24.00 to $32.00. On average, they anticipate Air Transport Services Group's share price to reach $27.80 in the next twelve months. This suggests a possible upside of 17.5% from the stock's current price. View Analyst Ratings 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 2 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy."

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

News coverage about ATSG stock has trended positive recently, Accern Sentiment Analysis reports. The research firm identifies negative and positive press coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Air Transport Services Group earned a media sentiment score of 0.26 on Accern's scale. They also gave headlines about the transportation company an impact score of 48.56 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock's share price in the next few days.

Air Transport Services Group's stock is owned by a variety of of institutional and retail investors. Top institutional investors include SG Capital Management LLC (0.58%), Bank of Montreal Can (0.15%), Fox Run Management L.L.C. (0.03%) and Amalgamated Bank (0.02%). 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 acquired by a variety of institutional investors in the last quarter, including SG Capital Management LLC, Bank of Montreal Can, Fox Run Management L.L.C. and Amalgamated Bank. 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 $23.66.

Air Transport Services Group has a market capitalization of $1.36 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]