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Wall Street builds on gains, heads for 4-week winning streak
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The Financial Day of Reckoning Has Begun (Ad)
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What Is WallStreetBets and What Stocks Are They Targeting?
Inflation Emergency to Disrupt Your Financial Future? (Ad)pixel
Can You Guess Which EV Stock Is Beating Tesla ?
Closing prices for crude oil, gold and other commodities
Three Chinese corporate giants leaving NY stock exchange
27 U.S. Cities Where Stocks Yield 26% a Year (Ad)pixel
Pipeline break spills 45,000 gallons of diesel in Wyoming
Wall Street builds on gains, heads for 4-week winning streak
Judge revives Obama-era ban on coal sales from federal lands
The Financial Day of Reckoning Has Begun (Ad)
S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
What Is WallStreetBets and What Stocks Are They Targeting?
Inflation Emergency to Disrupt Your Financial Future? (Ad)pixel
Can You Guess Which EV Stock Is Beating Tesla ?
Closing prices for crude oil, gold and other commodities
Three Chinese corporate giants leaving NY stock exchange
27 U.S. Cities Where Stocks Yield 26% a Year (Ad)pixel
Pipeline break spills 45,000 gallons of diesel in Wyoming
Wall Street builds on gains, heads for 4-week winning streak
Judge revives Obama-era ban on coal sales from federal lands
The Financial Day of Reckoning Has Begun (Ad)
NASDAQ:ATSG

Air Transport Services Group - ATSG Stock Forecast, Price & News

$32.07
+0.15 (+0.47%)
(As of 08/12/2022 12:00 AM ET)
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Compare
Today's Range
$31.57
$32.15
50-Day Range
$27.50
$33.03
52-Week Range
$23.68
$34.54
Volume
184,468 shs
Average Volume
431,706 shs
Market Capitalization
$2.39 billion
P/E Ratio
12.33
Dividend Yield
N/A
Price Target
$40.00

Air Transport Services Group MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
24.7% Upside
$40.00 Price Target
Short Interest
Healthy
4.33% of Float Sold Short
Dividend Strength
N/A
Sustainability
-5.53
Upright™ Environmental Score
News Sentiment
1.22mentions of Air Transport Services Group in the last 14 days
Based on 7 Articles This Week
Insider Trading
Selling Shares
$28,425 Sold Last Quarter
Proj. Earnings Growth
12.74%
From $2.12 to $2.39 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.23 out of 5 stars

Transportation Sector

30th out of 124 stocks

Air Courier Services Industry

2nd out of 2 stocks

ATSG stock logo

About Air Transport Services Group (NASDAQ:ATSG) Stock

Air Transport Services Group, Inc., together with its subsidiaries, provides aircraft leasing and air cargo transportation and related services in the United States and internationally. The company offers aircraft, flight crews, aircraft maintenance, aircraft hull and liability insurance, and aviation fuel services; and aircraft maintenance and modification services, including airframe modification and heavy maintenance, component repairs, engineering services, and aircraft line maintenance. It also provides equipment maintenance services; cargo load transfer and package sorting services; crew training services; and airline express operation, line and heavy maintenance, and ground handling services. The company's ground support services include labor and management for cargo load transfer and sorting; design, installation, and maintenance of material handling equipment; leasing and maintenance of ground support equipment; and general facilities maintenance. In addition, it offers equipment installation and maintenance, vehicle maintenance and repair, jet fuel, and deicing services. Further, the company operates cargo and passenger transportation business; resells and brokers aircraft parts; and performs passenger-to-freighter and passenger-to-combi conversions of aircrafts. It provides its services to delivery companies, freight forwarders, airlines, air transportation, e-commerce, package delivery, and logistics industries, as well as government customers. As of December 31, 2021, the company's in-service aircraft fleet consisted of 107 owned aircraft and ten leased aircraft. The company was formerly known as ABX Holdings, Inc. Air Transport Services Group, Inc. was founded in 1980 and is based in Wilmington, Ohio.

Wall Street Analysts Forecast Growth

ATSG has been the subject of several research reports. StockNews.com cut shares of Air Transport Services Group from a "buy" rating to a "hold" rating in a research note on Saturday, June 18th. Cowen lifted their target price on shares of Air Transport Services Group from $31.00 to $40.00 in a report on Monday, May 9th. Finally, Cowen lifted their target price on shares of Air Transport Services Group from $31.00 to $40.00 in a report on Monday, May 9th.

Air Transport Services Group Price Performance

NASDAQ:ATSG traded up $0.09 on Friday, hitting $32.01. The company had a trading volume of 2,862 shares, compared to its average volume of 299,530. The company has a market capitalization of $2.38 billion, a PE ratio of 12.28 and a beta of 0.56. The company's fifty day moving average price is $29.91 and its 200-day moving average price is $30.08. The company has a debt-to-equity ratio of 0.96, a current ratio of 1.19 and a quick ratio of 0.89. Air Transport Services Group has a 12-month low of $23.68 and a 12-month high of $34.54.

Air Transport Services Group (NASDAQ:ATSG - Get Rating) last issued its quarterly earnings results on Thursday, August 4th. The transportation company reported $0.59 EPS for the quarter, topping the consensus estimate of $0.50 by $0.09. The company had revenue of $510.00 million during the quarter, compared to analyst estimates of $505.54 million. Air Transport Services Group had a net margin of 11.01% and a return on equity of 14.39%. The firm's revenue was up 24.4% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.35 EPS. As a group, analysts predict that Air Transport Services Group will post 2.12 earnings per share for the current year.

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ATSG Stock News Headlines

ATSG Reports Strong Second Quarter 2022 Results
ATSG looks back on a decade of growth
7 Airline Stocks to Buy That Should Keep Flying
Top Airline Stocks for Q2 2022
See More Headlines
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ATSG Company Calendar

Last Earnings
8/04/2022
Today
8/12/2022
Next Earnings (Estimated)
11/03/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
Air courier services
Sub-Industry
Air Freight & Logistics
Current Symbol
NASDAQ:ATSG
CUSIP
00922R10
Employees
5,280
Year Founded
2007

Price Target and Rating

Average Stock Price Forecast
$40.00
High Stock Price Forecast
$40.00
Low Stock Price Forecast
$40.00
Forecasted Upside/Downside
+24.7%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
$231.42 million
Pretax Margin
14.21%

Debt

Sales & Book Value

Annual Sales
$1.73 billion
Cash Flow
$6.57 per share
Book Value
$18.98 per share

Miscellaneous

Free Float
73,108,000
Market Cap
$2.39 billion
Optionable
Optionable
Beta
0.56

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ATSG Stock - Frequently Asked Questions

Should I buy or sell Air Transport Services Group stock right now?

1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Air Transport Services Group in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" ATSG shares.
View ATSG analyst ratings
or view top-rated stocks.

What is Air Transport Services Group's stock price forecast for 2022?

1 Wall Street research analysts have issued 12 month price targets for Air Transport Services Group's shares. Their ATSG share price forecasts range from $40.00 to $40.00. On average, they predict the company's share price to reach $40.00 in the next year. This suggests a possible upside of 24.7% from the stock's current price.
View analysts price targets for ATSG
or view top-rated stocks among Wall Street analysts.

How have ATSG shares performed in 2022?

Air Transport Services Group's stock was trading at $29.38 at the beginning of the year. Since then, ATSG stock has increased by 9.2% and is now trading at $32.07.
View the best growth stocks for 2022 here
.

When is Air Transport Services Group's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, November 3rd 2022.
View our ATSG earnings forecast
.

How were Air Transport Services Group's earnings last quarter?

Air Transport Services Group, Inc. (NASDAQ:ATSG) released its quarterly earnings data on Thursday, August, 4th. The transportation company reported $0.59 EPS for the quarter, topping analysts' consensus estimates of $0.50 by $0.09. The transportation company had revenue of $510 million for the quarter, compared to analysts' expectations of $505.54 million. Air Transport Services Group had a trailing twelve-month return on equity of 14.39% and a net margin of 11.01%. Air Transport Services Group's revenue for the quarter was up 24.4% on a year-over-year basis. During the same period last year, the firm posted $0.35 EPS.

What other stocks do shareholders of Air Transport Services Group own?

What is Air Transport Services Group's stock symbol?

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

Who are Air Transport Services Group's major shareholders?

Air Transport Services Group's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include River Road Asset Management LLC (10.63%), FMR LLC (7.44%), JPMorgan Chase & Co. (1.89%), Redwood Investments LLC (0.93%), Thompson Siegel & Walmsley LLC (0.79%) and Northern Trust Corp (0.74%). Insiders that own company stock include Brady Thomas Templeton, David R Soaper, Deborah A Loveless, Edward Russell Smethwick, James T Pradetto, Jeffrey J Vorholt, Joseph C Hete, Michael L Berger, Quint O Turner, Randy D Rademacher, Raymond E Johns Jr, Robert K Coretz and W Joseph Payne.
View institutional ownership trends
.

How do I buy shares of Air Transport Services Group?

Shares of ATSG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Air Transport Services Group's stock price today?

One share of ATSG stock can currently be purchased for approximately $32.07.

How much money does Air Transport Services Group make?

Air Transport Services Group (NASDAQ:ATSG) has a market capitalization of $2.39 billion and generates $1.73 billion in revenue each year. The transportation company earns $231.42 million in net income (profit) each year or $2.60 on an earnings per share basis.

How many employees does Air Transport Services Group have?

The company employs 5,280 workers across the globe.

When was Air Transport Services Group founded?

Air Transport Services Group was founded in 2007.

How can I contact Air Transport Services Group?

Air Transport Services Group's mailing address is 145 HUNTER DR, WILMINGTON OH, 45177. The official website for the company is www.atsginc.com. The transportation company can be reached via phone at (937) 382-5591, via email at investor.relations@atsginc.com, or via fax at 937-383-3838.

This page (NASDAQ:ATSG) was last updated on 8/13/2022 by MarketBeat.com Staff

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