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, aircraft line maintenance, and insurance services; and flight crew training, load transfer and sorting services.
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Industry, Sector and Symbol
Industry Air courier services
Sub-IndustryAir Freight & Logistics
SectorN/A
WebN/A
PhoneN/A
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$892.34 million
Profitability
Miscellaneous
Employees3,830
Next Earnings Date2/26/2020 (Estimated)
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 declared that its Board of Directors has initiated a share buyback plan on Wednesday, February 28th 2018, which authorizes the company to buyback $50,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to reacquire shares of its stock through open market purchases. Stock buyback plans are usually a sign that the company's management believes its shares are undervalued.
How were Air Transport Services Group's earnings last quarter?
Air Transport Services Group Inc. (NASDAQ:ATSG) posted its earnings results on Wednesday, November, 6th. The transportation company reported $0.31 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.27 by $0.04. The transportation company earned $366.07 million during the quarter, compared to the consensus estimate of $344.72 million. Air Transport Services Group had a return on equity of 21.41% and a net margin of 7.30%. Air Transport Services Group's revenue for the quarter was up 78.6% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.28 earnings per share. 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?
2 brokers have issued twelve-month price targets for Air Transport Services Group's stock. Their forecasts range from $26.00 to $31.00. On average, they anticipate Air Transport Services Group's stock price to reach $28.50 in the next twelve months. This suggests a possible upside of 32.1% 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?
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.
Has Air Transport Services Group been receiving favorable news coverage?
News headlines about ATSG stock have trended somewhat positive on Sunday, InfoTrie reports. InfoTrie scores the sentiment of media coverage by analyzing 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 positive five, with scores nearest to five being the most favorable. Air Transport Services Group earned a media sentiment score of 0.8 on InfoTrie's scale. They also gave media coverage about the transportation company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the stock's share price in the next several days. View News Stories for Air Transport Services Group.
Who are some of Air Transport Services Group's key competitors?
What other stocks do shareholders of Air Transport Services Group own?
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. Michael L. Berger, Chief Commercial Officer & Pres of Airborne Global Solutions (Age 57)
Who are Air Transport Services Group's major shareholders?
Air Transport Services Group's stock is owned by many different 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.
Which major investors are selling Air Transport Services Group stock?
ATSG stock was sold by a variety of institutional investors in the last quarter, including Credit Suisse AG, Barclays PLC, Emerald Advisers LLC, FMR LLC, Roubaix Capital LLC, Prescott Group Capital Management L.L.C., Emerald Mutual Fund Advisers Trust and Bank of Montreal Can. 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.
Which major investors are buying Air Transport Services Group stock?
ATSG stock was bought 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.
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, Robinhood, 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 $21.58.
How big of a company is Air Transport Services Group?
Air Transport Services Group has a market capitalization of $1.28 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.
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.
