NASDAQ:ATSGAir Transport Services Group Stock Price, Forecast & News

Air Transport Services Group's stock was trading at $15.08 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, ATSG stock has increased by 40.4% and is now trading at $21.17. View which stocks have been most impacted by Coronavirus.

3 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 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Air Transport Services Group.

Air Transport Services Group is scheduled to release its next quarterly earnings announcement on Monday, August 3rd 2020. View our earnings forecast for Air Transport Services Group.

Air Transport Services Group Inc. (NASDAQ:ATSG) posted its quarterly earnings data on Tuesday, May, 5th. The transportation company reported $0.43 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.40 by $0.03. The transportation company had revenue of $389.30 million for the quarter, compared to analyst estimates of $367.25 million. Air Transport Services Group had a net margin of 11.79% and a return on equity of 22.63%. Air Transport Services Group's quarterly revenue was up 11.8% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.37 earnings per share. View Air Transport Services Group's earnings history.

3 brokerages have issued twelve-month price objectives for Air Transport Services Group's shares. Their forecasts range from $20.50 to $27.00. On average, they anticipate Air Transport Services Group's share price to reach $24.17 in the next twelve months. This suggests a possible upside of 14.2% from the stock's current price. View analysts' price targets for Air Transport Services Group.

Media coverage about ATSG stock has been trending extremely negative recently, according to InfoTrie. The research group identifies positive and negative press coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Air Transport Services Group earned a coverage optimism score of -4.0 on InfoTrie's scale. They also gave media headlines about the transportation company a news buzz of 6.0 out of 10, indicating that recent press coverage is somewhat likely to have an effect on the stock's share price in the next few days. View the latest news aboutAir Transport Services Group.

Air Transport Services Group saw a decrease in short interest during the month of May. As of May 15th, there was short interest totaling 2,380,000 shares, a decrease of 18.2% from the April 30th total of 2,910,000 shares. Based on an average daily trading volume, of 666,400 shares, the days-to-cover ratio is presently 3.6 days. Currently, 4.1% of the company's stock 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), Hub Group (HUBG), Forward Air (FWRD), Atlas Air Worldwide (AAWW), Echo Global Logistics (ECHO) and Park-Ohio (PKOH). View all competitors.

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), Alibaba Group (BABA) and NVIDIA (NVDA).

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

Air Transport Services Group's stock is owned by many different retail and institutional investors. Top institutional shareholders include Waddell & Reed Financial Inc. (3.49%), Russell Investments Group Ltd. (2.46%), Nuveen Asset Management LLC (2.41%), State Street Corp (2.00%), Private Capital Management LLC (1.98%) and Geode Capital Management LLC (1.46%). 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, 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 Rice Hall James & Associates LLC, Rice Hall James & Associates LLC, Nuveen Asset Management LLC, Emerald Mutual Fund Advisers Trust, Emerald Advisers LLC, Private Capital Management LLC, Prescott Group Capital Management L.L.C., and Rothschild & Co. Asset Management US Inc.. 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 activity for Air Transport Services Group.

ATSG stock was purchased by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., U S Global Investors Inc., TCW Group Inc., Raymond James & Associates, Invesco Ltd., Geode Capital Management LLC, Cadence Capital Management LLC, and Cornercap Investment Counsel Inc.. 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 activity 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 $21.17.

Air Transport Services Group has a market capitalization of $1.26 billion and generates $1.45 billion in revenue each year. The transportation company earns $61.20 million in net income (profit) each year or $1.51 on an earnings per share basis. Air Transport Services Group employs 4,380 workers across the globe.

The official website for Air Transport Services Group is 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]