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

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 program 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. Shares repurchase programs are generally an indication that the company's management believes its shares are undervalued.

Air Transport Services Group Inc. (NASDAQ:ATSG) issued its quarterly earnings data on Wednesday, November, 6th. The transportation company reported $0.31 EPS for the quarter, topping the Zacks' consensus estimate of $0.27 by $0.04. The transportation company earned $366.07 million during the quarter, compared to analysts' expectations of $344.72 million. Air Transport Services Group had a return on equity of 21.41% and a net margin of 7.30%. The firm's quarterly revenue was up 78.6% compared to the same quarter last year. During the same period last year, the company posted $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 Monday, March 2nd 2020. View Earnings Estimates for Air Transport Services Group.

Air Transport Services Group will be holding an earnings conference call on Monday, March 2nd at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

2 equities research analysts have issued twelve-month price targets for Air Transport Services Group's shares. Their forecasts range from $26.00 to $31.00. On average, they anticipate Air Transport Services Group's share price to reach $28.50 in the next twelve months. This suggests a possible upside of 62.8% from the stock's current price. View Analyst Price Targets for Air Transport Services Group.

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Air Transport Services Group in the last year. There are currently 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Air Transport Services Group.

Press coverage about ATSG stock has been trending extremely negative on Thursday, according to InfoTrie Sentiment. The research firm identifies negative and positive press coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Air Transport Services Group earned a media sentiment score of -4.2 on InfoTrie's scale. They also gave headlines about the transportation company a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an effect 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 in the month of February. As of February 14th, there was short interest totalling 2,060,000 shares, an increase of 29.6% from the January 30th total of 1,590,000 shares. Based on an average daily volume of 353,500 shares, the short-interest ratio is currently 5.8 days. Approximately 3.6% 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 United Parcel Service (UPS), FedEx (FDX), Expeditors International of Washington (EXPD), C.H. Robinson Worldwide (CHRW), XPO Logistics (XPO), Forward Air (FWRD), Hub Group (HUBG), Atlas Air Worldwide (AAWW), Echo Global Logistics (ECHO) and Park-Ohio (PKOH).

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), Truist Financial (TFC), Huntington Bancshares (HBAN), Intersect ENT (XENT), SEASPAN CORP/SH SH (SSW) and NVIDIA (NVDA).

Air Transport Services Group's stock is owned by a number of of institutional and retail investors. Top institutional investors include River Road Asset Management LLC (7.21%), FMR LLC (4.50%), Barrow Hanley Mewhinney & Strauss LLC (4.33%), State Street Corp (2.03%), Deroy & Devereaux Private Investment Counsel Inc. (1.42%) and Loomis Sayles & Co. L P (1.42%). Company insiders that own Air Transport Services Group stock include Brady Thomas Templeton, Jeffrey C Crippen, Jeffrey J Vorholt, Joseph C Hete, 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 sold by a variety of institutional investors in the last quarter, including Credit Suisse AG, Barclays PLC, Alliancebernstein L.P., Emerald Advisers LLC, FMR LLC, Roubaix Capital LLC, Prescott Group Capital Management L.L.C. and Emerald Mutual Fund Advisers Trust. Company insiders that have sold Air Transport Services Group company stock in the last year include Brady Thomas Templeton, Jeffrey J Vorholt, Quint O Turner, Sarah Elizabeth Williams and W Joseph Payne. View Insider Buying and Selling for Air Transport Services Group.

ATSG stock was purchased by a variety of institutional investors in the last quarter, including River Road Asset Management LLC, Mercator Fund Cayman Master LP, Russell Investments Group Ltd., 361 Capital LLC, Axiom International Investors LLC DE, Raymond James & Associates, California Public Employees Retirement System and Boston Partners. 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 $17.51.

Air Transport Services Group has a market capitalization of $1.04 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]