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

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

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

Air Transport Services Group Inc. (NASDAQ:ATSG) released its quarterly 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 had revenue of $334.60 million for the quarter, compared to analyst estimates 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 quarterly revenue was up 64.3% on a year-over-year basis. During the same quarter last year, the business 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 brokers have issued 1 year target prices for Air Transport Services Group's shares. Their predictions range from $26.00 to $31.00. On average, they anticipate Air Transport Services Group's stock price to reach $29.25 in the next year. This suggests a possible upside of 48.0% 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 headlines about ATSG stock have been trending neutral recently, according to InfoTrie Sentiment Analysis. InfoTrie scores the sentiment of media coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Air Transport Services Group earned a news impact score of 0.4 on InfoTrie's scale. They also assigned news headlines about the transportation company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the company's share price in the immediate future. View News Stories for Air Transport Services Group.

Air Transport Services Group saw a increase in short interest during the month of September. As of September 15th, there was short interest totalling 2,730,000 shares, an increase of 6.2% from the August 15th total of 2,570,000 shares. Based on an average daily volume of 314,500 shares, the days-to-cover ratio is presently 8.7 days. Approximately 4.8% of the shares of the company are sold short. View Air Transport Services Group's Current Options Chain.

Some companies that are related to Air Transport Services Group include Air Lease (AL), Landstar System (LSTR), Copa (CPA), BBA AVIATION PL/ADR (BBAVY), COSCO SHIPPING/ADR (CICOY), Schneider National (SNDR), Nabtesco (NCTKF), Flughafen Wien (VIAAY), NIPPON YUSEN KA/S (NPNYY), Gol Linhas Aereas Inteligentes (GOL), SkyWest (SKYW), ORIENT OVS INTL/ADR (OROVY), ROYAL MAIL PLC/ADR (ROYMY), Ryder System (R) and GATX (GATX).

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 number of of retail and institutional investors. Top institutional investors include Roubaix Capital LLC (0.54%). 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, Robert K Coretz, Sarah Elizabeth Williams and W Joseph Payne. View Institutional Ownership Trends for Air Transport Services Group.

ATSG stock was bought by a variety of institutional investors in the last quarter, including Roubaix Capital LLC. 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, Robinhood, Fidelity and Charles Schwab.

One share of ATSG stock can currently be purchased for approximately $19.76.

Air Transport Services Group has a market capitalization of $1.17 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]