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
SymbolNASDAQ:ATSG
CUSIP00922R10
Phone937-382-5591
Debt
Debt-to-Equity Ratio1.26
Current Ratio1.12
Quick Ratio0.99
Price-To-Earnings
Trailing P/E Ratio26.28
Forward P/E Ratio17.78
P/E GrowthN/A
Sales & Book Value
Annual Sales$1.07 billion
Price / Sales1.31
Cash Flow$4.0221 per share
Price / Cash5.88
Book Value$6.69 per share
Price / Book3.54
Profitability
EPS (Most Recent Fiscal Year)$0.90
Net Income$18.49 million
Net Margins2.36%
Return on Equity21.26%
Return on Assets4.88%
Miscellaneous
Employees3,010
Outstanding Shares59,080,000
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 stock repurchase plan 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 buy shares of its stock through open market purchases. Stock repurchase plans are often 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 earnings results on Tuesday, May, 8th. The transportation company reported $0.35 EPS for the quarter, topping analysts' consensus estimates of $0.22 by $0.13. The transportation company earned $257.40 million during the quarter, compared to analyst estimates of $244.15 million. Air Transport Services Group had a net margin of 2.36% and a return on equity of 21.26%. The company's revenue for the quarter was up 8.2% compared to the same quarter last year. During the same period last year, the firm posted $0.17 EPS. View Air Transport Services Group's Earnings History.
What price target have analysts set for ATSG?
5 brokers have issued twelve-month target prices for Air Transport Services Group's shares. Their forecasts range from $22.00 to $32.00. On average, they expect Air Transport Services Group's stock price to reach $27.00 in the next twelve months. View Analyst Ratings for Air Transport Services Group.
Who are some of Air Transport Services Group's key competitors?
Some companies that are related to Air Transport Services Group include Air China (AIRYY), Grupo Aeroportr dl Pcfco SAB de CV (PAC), Schneider National (SNDR), Kirby (KEX), Trinity Industries (TRN), 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), Ryder System (R) and Nabtesco (NCTKF).
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 63)
- Mr. Quint O. Turner, Chief Financial Officer (Age 55)
- Mr. Richard F. Corrado, Chief Operating Officer (Age 58)
- Mr. W. Joseph Payne, Chief Legal Officer & Sec. (Age 54)
- Mr. Edward Russell Smethwick, VP of Corp. Devel.
Has Air Transport Services Group been receiving favorable news coverage?
News stories about ATSG stock have trended somewhat positive on Sunday, according to Accern Sentiment Analysis. Accern identifies positive and negative news coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Air Transport Services Group earned a daily sentiment score of 0.08 on Accern's scale. They also assigned news articles about the transportation company an impact score of 47.97 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company's share price in the near future.
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 shareholders 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.
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 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, Quint O Turner, Richard Francis Corrado, Richard M Baudouin 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 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.
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 $23.65.
How big of a company is Air Transport Services Group?
Air Transport Services Group has a market capitalization of $1.38 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.
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 (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.
