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

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$21.50 -0.11 (-0.51 %)
(As of 03/26/2019 12:18 PM ET)
Previous Close$21.61
Today's Range$21.42 - $21.6850
52-Week Range$17.06 - $25.82
Volume171,396 shs
Average Volume710,930 shs
Market Capitalization$1.28 billion
P/E Ratio17.20
Dividend YieldN/A
Beta0.96
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. Further, it rents ground equipment and sells aviation fuel; and resells and brokers aircraft parts. As of December 31, 2018, the company owned a fleet of 91 serviceable Boeing 777,767, 757, and 737 passenger and cargo aircraft. The company, formerly known as ABX Holdings, Inc., was founded in 1980 and is headquartered in Wilmington, Ohio.

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Industry, Sector and Symbol

Industry Air courier services
Sub-IndustryAir Freight & Logistics
SectorTransportation
Current SymbolNASDAQ:ATSG
CUSIP00922R10
Phone937-382-5591

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$892.34 million
Cash Flow$5.0827 per share
Book Value$7.39 per share

Profitability

Net Income$69.29 million

Miscellaneous

Employees3,830
Market Cap$1.28 billion
Next Earnings Date5/6/2019 (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 authorized a share buyback program on Wednesday, February 28th 2018, which authorizes the company to repurchase $50,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to repurchase shares of its stock through open market purchases. Shares repurchase programs are usually an indication 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) issued its quarterly earnings results on Wednesday, February, 27th. The transportation company reported $0.36 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.35 by $0.01. The transportation company had revenue of $280.78 million for the quarter, compared to the consensus estimate of $228.42 million. Air Transport Services Group had a net margin of 7.76% and a return on equity of 20.19%. The company's revenue for the quarter was down 13.1% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.30 earnings per share. View Air Transport Services Group's Earnings History.

When is Air Transport Services Group's next earnings date?

Air Transport Services Group is scheduled to release their next quarterly earnings announcement on Monday, May 6th 2019. View Earnings Estimates for Air Transport Services Group.

What price target have analysts set for ATSG?

5 brokers have issued twelve-month target prices for Air Transport Services Group's stock. Their forecasts range from $27.00 to $30.00. On average, they expect Air Transport Services Group's stock price to reach $28.60 in the next twelve months. This suggests a possible upside of 33.2% 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 5 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 articles about ATSG stock have been trending somewhat negative recently, InfoTrie reports. The research group identifies negative and positive press coverage by reviewing more than six thousand blog and news sources. 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 daily sentiment score of -1.4 on InfoTrie's scale. They also gave media coverage 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 stock's share price in the next several days.

Who are some of Air Transport Services Group's key competitors?

What other stocks do shareholders of Air Transport Services Group own?

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), Intersect ENT (XENT), Micron Technology (MU), SEASPAN CORP/SH SH (SSW), Alibaba Group (BABA), Textainer Group (TGH), AbbVie (ABBV), NVIDIA (NVDA), Alphabet (GOOG) and Activision Blizzard (ATVI).

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 number of of retail and institutional investors. Top institutional shareholders include Dimensional Fund Advisors LP (5.66%), Barrow Hanley Mewhinney & Strauss LLC (5.13%), FMR LLC (4.52%), River Road Asset Management LLC (3.90%), Moab Capital Partners LLC (3.48%) and Nuveen Asset Management LLC (2.38%). Company insiders that own Air Transport Services Group stock include Brady Thomas Templeton, Jeffrey C Crippen, Jeffrey J Vorholt, Joseph C Hete, Joseph Edward Roux, Matthew E Fedders, Quint O Turner, Richard Francis Corrado, Richard M Baudouin, Robert K Coretz, W Joseph Payne and Willem Mesdag. View Institutional Ownership Trends for Air Transport Services Group.

Which institutional investors are selling Air Transport Services Group stock?

ATSG stock was sold by a variety of institutional investors in the last quarter, including Kornitzer Capital Management Inc. KS, Monarch Partners Asset Management LLC, Prescott Group Capital Management L.L.C., Nuveen Asset Management LLC, First Trust Advisors LP, Dimensional Fund Advisors LP, Intrinsic Edge Capital Management LLC and Arrowgrass Capital Partners US LP. Company insiders that have sold Air Transport Services Group company stock in the last year include Quint O Turner and W Joseph Payne. View Insider Buying and Selling for Air Transport Services Group.

Which institutional investors are buying Air Transport Services Group stock?

ATSG stock was acquired by a variety of institutional investors in the last quarter, including River Road Asset Management LLC, Moab Capital Partners LLC, Barrow Hanley Mewhinney & Strauss LLC, Raymond James & Associates, Ackerman Capital Advisors LLC, D. E. Shaw & Co. Inc., Emerald Mutual Fund Advisers Trust and SG Capital Management LLC. Company insiders that have bought Air Transport Services Group stock in the last two years include Jeffrey C Crippen, Joseph C Hete 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, 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 $21.47.

How big of a company is Air Transport Services Group?

Air Transport Services Group has a market capitalization of $1.27 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.

What is Air Transport Services Group's official website?

The official website for Air Transport Services Group is http://www.atsginc.com.

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)

Community Ranking:  1.9 out of 5 (star)
Outperform Votes:  197 (Vote Outperform)
Underperform Votes:  323 (Vote Underperform)
Total Votes:  520
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.
This page was last updated on 3/26/2019 by MarketBeat.com Staff

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