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

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

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

Air Transport Services Group Inc. (NASDAQ:ATSG) posted its quarterly earnings results on Wednesday, November, 6th. The transportation company reported $0.31 EPS for the quarter, topping the 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%. The company's revenue for the quarter was up 78.6% on a year-over-year basis. During the same period last year, the firm earned $0.28 earnings per share. View Air Transport Services Group's Earnings History.

Air Transport Services Group is scheduled to release their next quarterly earnings announcement on Wednesday, February 26th 2020. View Earnings Estimates for Air Transport Services Group.

3 analysts have issued twelve-month price targets for Air Transport Services Group's shares. Their forecasts range from $26.00 to $31.00. On average, they expect Air Transport Services Group's stock price to reach $29.00 in the next year. This suggests a possible upside of 20.6% from the stock's current price. View Analyst Price Targets for Air Transport Services Group.

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Air Transport Services Group in the last year. There are currently 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Air Transport Services Group.

Media headlines about ATSG stock have trended somewhat negative this week, according to InfoTrie Sentiment Analysis. The research firm identifies positive and negative news coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Air Transport Services Group earned a news sentiment score of -1.5 on InfoTrie's scale. They also assigned news stories about the transportation company a news buzz of 1.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the stock's share price in the near future. View News Stories for Air Transport Services Group.

Air Transport Services Group saw a decrease in short interest in December. As of December 13th, there was short interest totalling 1,610,000 shares, a decrease of 6.4% from the November 28th total of 1,720,000 shares. Based on an average trading volume of 337,800 shares, the short-interest ratio is presently 4.8 days. Approximately 2.8% of the company's stock are sold short. View Air Transport Services Group's Current Options Chain.

Some companies that are related to Air Transport Services Group include United Parcel Service (UPS), FedEx (FDX), Expeditors International of Washington (EXPD), C.H. Robinson Worldwide (CHRW), XPO Logistics (XPO), Forward Air (FWRD), Hub Group (HUBG), Atlas Air Worldwide (AAWW), Echo Global Logistics (ECHO) and Park-Ohio (PKOH).

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), Fifth Third Bancorp (FITB), Automatic Data Processing (ADP), Procter & Gamble (PG), PNC Financial Services Group (PNC), Truist Financial (TFC), Huntington Bancshares (HBAN), Intersect ENT (XENT), SEASPAN CORP/SH SH (SSW) and Micron Technology (MU).

Air Transport Services Group's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Roubaix Capital LLC (0.28%) and Commerzbank Aktiengesellschaft FI (0.07%). 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.

ATSG stock was sold by a variety of institutional investors in the last quarter, including Roubaix Capital LLC and Commerzbank Aktiengesellschaft FI. 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.

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.

One share of ATSG stock can currently be purchased for approximately $24.05.

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

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

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]