NASDAQ:ATSG - Air Transport Services Group Stock Price, Price Target & More

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

Air Transport Services Group declared that its board has approved a stock repurchase program on Wednesday, February 28th 2018, which permits the company to buyback $50,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to purchase shares of its stock through open market purchases. Stock buyback programs are generally a sign that the company's leadership believes its stock is undervalued.

Air Transport Services Group Inc. (NASDAQ:ATSG) released its quarterly earnings data on Tuesday, May, 8th. The transportation company reported $0.35 earnings per share for the quarter, beating the consensus estimate of $0.22 by $0.13. The transportation company had revenue of $257.40 million for the quarter, compared to the consensus estimate of $244.15 million. Air Transport Services Group had a net margin of 2.36% and a return on equity of 21.26%. The firm's quarterly revenue was up 8.2% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.17 earnings per share. View Air Transport Services Group's Earnings History.

5 brokerages have issued 12-month price targets for Air Transport Services Group's shares. Their predictions range from $22.00 to $32.00. On average, they expect Air Transport Services Group's share price to reach $27.00 in the next twelve months. View Analyst Ratings for Air Transport Services Group.

Some companies that are related to Air Transport Services Group include Air China (AIRYY), Trinity Industries (TRN), Schneider National (SNDR), Kirby (KEX), Grupo Aeroportr dl Pcfco SAB de CV (PAC), Genesee & Wyoming (GWR), Landstar System (LSTR), BBA AVIATION PL/ADR (BBAVY), BEST (BSTI), Air Lease (AL), Grupo Aeroportuario dl Srst SAB CV (ASR), Copa (CPA), Guangshen Railway Co. Ltd ADR Class H (GSH), Nabtesco (NCTKF) and Ryder System (R).

Media headlines about ATSG stock have trended positive this week, according to Accern Sentiment Analysis. Accern ranks the sentiment of news coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Air Transport Services Group earned a news sentiment score of 0.41 on Accern's scale. They also assigned news coverage about the transportation company an impact score of 47.43 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock's share price in the next few days.

Air Transport Services Group's stock is owned by many different of retail and institutional investors. Top institutional investors include Dimensional Fund Advisors LP (6.18%), BlackRock Inc. (5.69%), Barrow Hanley Mewhinney & Strauss LLC (4.53%), Victory Capital Management Inc. (1.90%), Nuveen Asset Management LLC (1.75%) and Prescott Group Capital Management L.L.C. (1.48%). Company insiders that own Air Transport Services Group stock include Brady Thomas Templeton, Jeffrey J Vorholt, John Matthew Starkovich, 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.

ATSG stock was sold by a variety of institutional investors in the last quarter, including Victory Capital Management Inc., Prescott Group Capital Management L.L.C., Dimensional Fund Advisors LP, Hodges Capital Management Inc., Rothschild Asset Management Inc., Russell Investments Group Ltd., River Road Asset Management LLC and JPMorgan Chase & Co.. Company insiders that have sold Air Transport Services Group company stock in the last year include Joseph Edward Roux, Matthew E Fedders, Quint O Turner, Richard Francis Corrado, Richard M Baudouin 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 Millennium Management LLC, Allianz Asset Management GmbH, Allianz Asset Management GmbH, Tygh Capital Management Inc., A.R.T. Advisors LLC, Nuveen Asset Management LLC, GSA Capital Partners LLP and Aldebaran Financial Inc.. 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, Scottrade, Fidelity and Charles Schwab.

One share of ATSG stock can currently be purchased for approximately $23.82.

Air Transport Services Group has a market capitalization of $1.43 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.

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]