Air Transport Services Group, Inc., through its subsidiaries, operates in the airfreight and logistics industry. The company owns and leases cargo aircraft to airlines and other customers. It also provides airline operations to delivery companies, airlines, freight forwarders, and the U.S. Military, as well as operates charter agreements. In addition, the company offers mail and package sorting services, as well as related maintenance services for material handling equipment, ground equipment, and facilities; airframe modification and maintenance, component repair, engineering, and aircraft line maintenance services; and flight crew training, air dispatch, and flight monitoring services. Further, it rents ground equipment and sells aviation fuel; and resells and brokers aircraft parts. As of December 31, 2017, the company owned a fleet of 70 serviceable Boeing 767, 757, and 737 cargo aircraft. The company, formerly known as ABX Holdings, Inc., was founded in 1980 and is headquartered in Wilmington, Ohio.
Industry, Sector and Symbol
Industry Air courier services
Sub-IndustryAir Freight & Logistics
SectorTransportation
Phone937-382-5591
Debt
Current Ratio1.02
Quick Ratio0.88
Price-To-Earnings
Sales & Book Value
Annual Sales$1.07 billion
Price / Sales1.30
Price / Cash Flow5.93
Price / Book3.52
Profitability
Net Income$18.49 million
Net Margins18.06%
Return on Assets5.50%
Miscellaneous
Employees3,010
OptionableOptionable
Air Transport Services Group (NASDAQ:ATSG) Frequently Asked Questions
What is Air Transport Services Group's stock symbol?
Air Transport Services Group trades on the NASDAQ under the ticker symbol "ATSG."
How will Air Transport Services Group's stock buyback program work?
Air Transport Services Group announced that its Board of Directors has initiated a stock buyback program on Wednesday, February 28th 2018, which permits the company to repurchase $50,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to repurchase shares of its stock through open market purchases. Shares repurchase programs are typically a sign that the company's management believes its stock is undervalued.
How were Air Transport Services Group's earnings last quarter?
Air Transport Services Group Inc. (NASDAQ:ATSG) posted its quarterly earnings data on Friday, November, 2nd. The transportation company reported $0.31 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.32 by $0.01. The transportation company earned $204.90 million during the quarter, compared to analysts' expectations of $209.60 million. Air Transport Services Group had a return on equity of 19.89% and a net margin of 18.06%. The company's revenue was down 19.4% compared to the same quarter last year. During the same period in the previous year, the company posted $0.22 EPS. View Air Transport Services Group's Earnings History.
When is Air Transport Services Group's next earnings date?
What price target have analysts set for ATSG?
5 Wall Street analysts have issued 1 year target prices for Air Transport Services Group's stock. Their predictions range from $23.00 to $30.00. On average, they expect Air Transport Services Group's stock price to reach $27.00 in the next twelve months. This suggests a possible upside of 14.7% from the stock's current price. View Analyst Price Targets for Air Transport Services Group.
What is the consensus analysts' recommendation 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 1 hold rating and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Air Transport Services Group.
Has Air Transport Services Group been receiving favorable news coverage?
News coverage about ATSG stock has trended somewhat positive recently, according to InfoTrie Sentiment Analysis. InfoTrie identifies negative and positive news coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of 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 1.9 on InfoTrie's scale. They also gave news headlines about the transportation company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an impact on the company's share price in the next few days.
Who are some of Air Transport Services Group's key competitors?
Some companies that are related to Air Transport Services Group include easyJet (EJTTF), JetBlue Airways (JBLU), Grupo Aeroportr dl Pcfco SAB de CV (PAC), Knight-Swift Transportation (KNX), Grupo Aeroportuario dl Srst SAB CV (ASR), Genesee & Wyoming (GWR), Air France-KLM (AFLYY), Landstar System (LSTR), Kirby (KEX), Air China (AIRYY), Air Lease (AL), Copa (CPA), ROYAL MAIL PLC/ADR (ROYMY), Schneider National (SNDR) and Flughafen Wien (VIAAY).
Who are Air Transport Services Group's key executives?
Air Transport Services Group's management team includes the folowing people:
- Mr. Joseph C. Hete, Pres, CEO & Director (Age 64)
- Mr. Quint O. Turner, Chief Financial Officer (Age 56)
- Mr. Richard F. Corrado, Chief Operating Officer (Age 59)
- Mr. W. Joseph Payne, Chief Legal Officer & Sec. (Age 55)
- Mr. Edward Russell Smethwick, VP of Corp. Devel.
Who are Air Transport Services Group's major shareholders?
Air Transport Services Group's stock is owned by a variety of of retail and institutional investors. Top institutional investors include SG Capital Management LLC (0.58%). Company insiders that own Air Transport Services Group stock include Brady Thomas Templeton, Jeffrey J Vorholt, 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.
Which institutional investors are buying Air Transport Services Group stock?
How do I buy shares of 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.
What is Air Transport Services Group's stock price today?
One share of ATSG stock can currently be purchased for approximately $23.53.
How big of a company is Air Transport Services Group?
Air Transport Services Group has a market capitalization of $1.40 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.
What is Air Transport Services Group's official website?
How can I contact Air Transport Services Group?
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]
MarketBeat Community Rating for Air Transport Services Group (NASDAQ ATSG)
MarketBeat's community ratings are surveys of what our community members think about Air Transport Services Group and other stocks. Vote "Outperform" if you believe ATSG will outperform the S&P 500 over the long term. Vote "Underperform" if you believe ATSG will underperform the S&P 500 over the long term. You may vote once every thirty days.
