Air Transport Services Group (ATSG) News Today

Air Transport Services Group, Inc. (NASDAQ:ATSG - Get Free Report) has earned a consensus recommendation of "Moderate Buy" from the six analysts that are currently covering the stock, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a hold recommendation and four

PAX Financial Group LLC purchased a new stake in shares of Air Transport Services Group, Inc. (NASDAQ:ATSG - Free Report) during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 48,513 shar

BNP Paribas Financial Markets reduced its position in shares of Air Transport Services Group, Inc. (NASDAQ:ATSG - Free Report) by 50.5% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 58,935 share

First Eagle Investment Management LLC increased its position in shares of Air Transport Services Group, Inc. (NASDAQ:ATSG - Free Report) by 82.3% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 487,930 sh

GSA Capital Partners LLP purchased a new stake in Air Transport Services Group, Inc. (NASDAQ:ATSG - Free Report) during the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 75,683 shares of the transportation company's stock, v

Vanguard Group Inc. reduced its position in Air Transport Services Group, Inc. (NASDAQ:ATSG - Free Report) by 4.5% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 6,055,101 shares of the transportation company's stock

Air Transport Services Group, Inc. (NASDAQ:ATSG - Get Free Report) was the target of a large increase in short interest in the month of June. As of June 15th, there was short interest totalling 3,900,000 shares, an increase of 7.7% from the May 31st total of 3,620,000 shares. Based on an average trading volume of 437,000 shares, the short-interest ratio is presently 8.9 days. Currently, 7.7% of the shares of the company are sold short.

Air Transport Services Group, Inc. (NASDAQ:ATSG - Free Report) - Equities research analysts at Zacks Research reduced their Q2 2024 earnings per share estimates for shares of Air Transport Services Group in a research report issued on Thursday, June 13th. Zacks Research analyst R. Department now

Broad Bay Capital Management LP acquired a new position in Air Transport Services Group, Inc. (NASDAQ:ATSG - Free Report) during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 501,471 shares of the transportation company's stock, valued at

Air Transport Services Group (NASDAQ:ATSG) Stock Price Up 5.8%

Air Transport Services Group (NASDAQ:ATSG) Shares Down 3.3%

Air Transport Services Group, Inc. (NASDAQ:ATSG - Get Free Report) has received an average recommendation of "Moderate Buy" from the six research firms that are covering the firm, Marketbeat reports. Two analysts have rated the stock with a hold recommendation and four have issued a buy recommenda

DG Capital Management LLC boosted its stake in Air Transport Services Group, Inc. (NASDAQ:ATSG - Free Report) by 137.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 696,452 shares of the transportation compa

Air Transport Services Group, Inc. (NASDAQ:ATSG - Free Report) - Analysts at Zacks Research cut their FY2024 earnings per share (EPS) estimates for shares of Air Transport Services Group in a research note issued on Monday, May 27th. Zacks Research analyst R. Department now expects that the trans

Charles Schwab Investment Management Inc. lifted its position in Air Transport Services Group, Inc. (NASDAQ:ATSG - Free Report) by 10.1% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 916

IPG Investment Advisors LLC increased its stake in Air Transport Services Group, Inc. (NASDAQ:ATSG - Free Report) by 159.7% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 703,477 shares of the transportati

Dimensional Fund Advisors LP increased its position in Air Transport Services Group, Inc. (NASDAQ:ATSG - Free Report) by 4.6% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 4,013,004 shares of the transportation company'

First Eagle Investment Management LLC purchased a new stake in Air Transport Services Group, Inc. (NASDAQ:ATSG - Free Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 267,630 shares of the

Air Transport Services Group (NASDAQ:ATSG) Trading Down 3.4%

Roubaix Capital LLC purchased a new position in shares of Air Transport Services Group, Inc. (NASDAQ:ATSG - Free Report) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm purchased 86,742 shares of the transportation company's stock, v

LSV Asset Management bought a new stake in Air Transport Services Group, Inc. (NASDAQ:ATSG - Free Report) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 157,370 shares of the transportation company's stock, valued at approx

TD Cowen increased their target price on Air Transport Services Group from $16.00 to $18.00 and gave the stock a "buy" rating in a research note on Wednesday.

StockNews.com raised Air Transport Services Group from a "sell" rating to a "hold" rating in a report on Tuesday.

Air Transport Services Group (NASDAQ:ATSG) Shares Gap Up After Earnings Beat

Air Transport Services Group (NASDAQ:ATSG - Get Free Report) posted its quarterly earnings data on Monday. The transportation company reported $0.16 EPS for the quarter, beating analysts' consensus estimates of $0.13 by $0.03. The business had revenue of $485.50 million for the quarter, compared to analyst estimates of $479.77 million. Air Transport Services Group had a net margin of 2.91% and a return on equity of 7.93%. The business's revenue for the quarter was down 3.1% on a year-over-year basis. During the same quarter last year, the business earned $0.36 earnings per share.

Victory Capital Management Inc. grew its stake in Air Transport Services Group, Inc. (NASDAQ:ATSG - Free Report) by 4,734.4% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 2,197,508 shares of the transportation compan

Air Transport Services Group (NASDAQ:ATSG) updated its FY 2024 earnings guidance. The company provided EPS guidance of 0.550-0.800 for the period, compared to the consensus estimate of 0.700.

Air Transport Services Group, Inc. (NASDAQ:ATSG - Get Free Report) was the target of a significant decrease in short interest in April. As of April 15th, there was short interest totalling 3,770,000 shares, a decrease of 9.6% from the March 31st total of 4,170,000 shares. Currently, 7.4% of the company's stock are short sold. Based on an average trading volume of 634,800 shares, the short-interest ratio is currently 5.9 days.

Truist Financial cut their target price on Air Transport Services Group from $20.00 to $14.00 and set a "hold" rating on the stock in a research note on Friday.