S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Asian shares are mostly higher after another set of Wall St records
Delta Airline’s Put Option Activity Isn’t Bad News
3 Value Stocks Too Small For Buffett’s Portfolio
Disney Stock Catches 3 Upgrades In a Single Week
7 Stocks That Will Drive the Weight Loss Drugs Market
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Asian shares are mostly higher after another set of Wall St records
Delta Airline’s Put Option Activity Isn’t Bad News
3 Value Stocks Too Small For Buffett’s Portfolio
Disney Stock Catches 3 Upgrades In a Single Week
7 Stocks That Will Drive the Weight Loss Drugs Market
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Asian shares are mostly higher after another set of Wall St records
Delta Airline’s Put Option Activity Isn’t Bad News
3 Value Stocks Too Small For Buffett’s Portfolio
Disney Stock Catches 3 Upgrades In a Single Week
7 Stocks That Will Drive the Weight Loss Drugs Market
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Asian shares are mostly higher after another set of Wall St records
Delta Airline’s Put Option Activity Isn’t Bad News
3 Value Stocks Too Small For Buffett’s Portfolio
Disney Stock Catches 3 Upgrades In a Single Week
7 Stocks That Will Drive the Weight Loss Drugs Market
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
NASDAQ:ATSG

Air Transport Services Group (ATSG) Stock Price, News & Analysis

$13.76
-0.04 (-0.29%)
(As of 03/28/2024 ET)
Today's Range
$13.71
$14.31
50-Day Range
$11.78
$16.78
52-Week Range
$11.62
$24.96
Volume
805,086 shs
Average Volume
695,206 shs
Market Capitalization
$903.76 million
P/E Ratio
18.35
Dividend Yield
N/A
Price Target
$24.33

Air Transport Services Group MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.67 Rating Score
Upside/​Downside
76.8% Upside
$24.33 Price Target
Short Interest
Healthy
9.22% of Float Sold Short
Dividend Strength
N/A
Sustainability
-5.82
Upright™ Environmental Score
News Sentiment
0.21mentions of Air Transport Services Group in the last 14 days
Based on 8 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
50.68%
From $0.73 to $1.10 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.38 out of 5 stars

Transportation Sector

24th out of 113 stocks

Air Courier Services Industry

2nd out of 2 stocks

ATSG stock logo

About Air Transport Services Group Stock (NASDAQ:ATSG)

Air Transport Services Group, Inc., together with its subsidiaries, provides aircraft leasing, and air cargo transportation and related services in the United States and internationally. It operates in two segments, Cargo Aircraft Management Inc. (CAM) and ACMI Services. The company offers aircraft, flight crews, aircraft hull and liability insurance, and aviation fuel services; and aircraft maintenance and modification services, including airframe modification and heavy maintenance, component repairs, engineering services, and aircraft line maintenance. It also provides equipment maintenance services; cargo load transfer and package sorting services; crew training services; and airline express operation, line and heavy maintenance, and ground handling services. The company's ground support services include labor and management for cargo load transfer and sorting; design, installation, and maintenance of material handling equipment; leasing and maintenance of ground support equipment; general facilities maintenance; and resells aviation fuel at the air park in Wilmington, Ohio. Further, the company operates cargo and passenger transportation business; resells and brokers aircraft parts; and performs passenger-to-freighter and passenger-to-combi conversions of aircraft. It provides its services to delivery companies, freight forwarders, airlines, air transportation, e-commerce, package delivery, and logistics industries, as well as government customers. As of December 31, 2023, the company's in-service aircraft fleet consisted of 107 owned Boeing aircraft, three Airbus aircraft, and 20 leased aircraft. The company was formerly known as ABX Holdings, Inc. and changed its name to Air Transport Services Group, Inc. Air Transport Services Group, Inc. was founded in 1980 and is headquartered in Wilmington, Ohio.

ATSG Stock Price History

ATSG Stock News Headlines

$25,000 into $109,616 in two months?
Today I want to show you how our research shows you could’ve grown a $25,000 account into $109,616.12 within the last TWO months. You see, former multi-million dollar hedge fund manager Roger Scott spent the better half of 2023 developing what might be the most advanced trading tool that exists… It’s a revolutionary software system that tracks the moves of institutional investors…. in real time…
My Freighter Leases Third 767 from ATSG
Warning: this could blow your mind
Buckle up… ‘Cause this might shatter everything you’ve heard about “income trading”. In fact, it’s such an extreme diversion from what most people think of typical income trades that I call it: The Perfect Income Trade You see, most of the income techniques out there target a couple of percent. Maybe 5 - 10 percent if you’re lucky. But this new way of trading income on the world’s top stocks goes after more than 10x that kind of return. And here’s the best news of all: This trade can target an opportunity like that every week. Every single week. Meaning an investor has the chance to “stack up” these more aggressive income trades over and over. If that sounds interesting…
ATSG Delivers Additional Boeing 767 Freighter to DHL
GXO Logistics appoints chief technology officer
Q4 2023 Air Transport Services Group Inc Earnings Call
ATSG Reports Fourth Quarter and Full-Year 2023 Results
See More Headlines
Receive ATSG Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Air Transport Services Group and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Last Earnings
2/26/2024
Today
3/28/2024
Next Earnings (Estimated)
5/02/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Air courier services
Sub-Industry
Air Freight & Logistics
Current Symbol
NASDAQ:ATSG
CUSIP
00922R10
Employees
5,095
Year Founded
2007

Price Target and Rating

Average Stock Price Target
$24.33
High Stock Price Target
$30.00
Low Stock Price Target
$14.00
Potential Upside/Downside
+76.8%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
6 Analysts

Profitability

Net Income
$60.33 million
Pretax Margin
4.07%

Debt

Sales & Book Value

Annual Sales
$2.07 billion
Cash Flow
$7.69 per share
Book Value
$20.97 per share

Miscellaneous

Free Float
64,237,000
Market Cap
$903.76 million
Optionable
Optionable
Beta
0.83

Social Links

The Best High-Yield Dividend Stocks for 2024 Cover

Looking to generate income with your stock portfolio? Use these ten stocks to generate a safe and reliable source of investment income.

Get This Free Report

ATSG Stock Analysis - Frequently Asked Questions

Should I buy or sell Air Transport Services Group stock right now?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Air Transport Services Group in the last year. There are currently 2 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" ATSG shares.
View ATSG analyst ratings
or view top-rated stocks.

What is Air Transport Services Group's stock price target for 2024?

6 brokerages have issued 1 year price objectives for Air Transport Services Group's shares. Their ATSG share price targets range from $14.00 to $30.00. On average, they anticipate the company's stock price to reach $24.33 in the next year. This suggests a possible upside of 76.8% from the stock's current price.
View analysts price targets for ATSG
or view top-rated stocks among Wall Street analysts.

How have ATSG shares performed in 2024?

Air Transport Services Group's stock was trading at $17.61 at the beginning of 2024. Since then, ATSG stock has decreased by 21.9% and is now trading at $13.76.
View the best growth stocks for 2024 here
.

Are investors shorting Air Transport Services Group?

Air Transport Services Group saw a decline in short interest during the month of March. As of March 15th, there was short interest totaling 4,680,000 shares, a decline of 10.5% from the February 29th total of 5,230,000 shares. Based on an average daily trading volume, of 688,500 shares, the short-interest ratio is currently 6.8 days. Currently, 9.2% of the shares of the company are short sold.
View Air Transport Services Group's Short Interest
.

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

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 2nd 2024.
View our ATSG earnings forecast
.

How were Air Transport Services Group's earnings last quarter?

Air Transport Services Group, Inc. (NASDAQ:ATSG) released its earnings results on Monday, February, 26th. The transportation company reported $0.18 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.29 by $0.11. The transportation company had revenue of $517.04 million for the quarter, compared to analyst estimates of $521.04 million. Air Transport Services Group had a trailing twelve-month return on equity of 7.93% and a net margin of 2.91%.

What ETFs hold Air Transport Services Group's stock?
What guidance has Air Transport Services Group issued on next quarter's earnings?

Air Transport Services Group issued an update on its FY24 earnings guidance on Tuesday, February, 27th. The company provided EPS guidance of $0.55-0.80 for the period, compared to the consensus EPS estimate of $1.58.

What other stocks do shareholders of Air Transport Services Group own?
Who are Air Transport Services Group's major shareholders?

Air Transport Services Group's stock is owned by a number of institutional and retail investors. Top institutional investors include River Road Asset Management LLC (12.93%), Vanguard Group Inc. (9.28%), Vanguard Group Inc. (9.22%), Dimensional Fund Advisors LP (6.15%), Victory Capital Management Inc. (3.37%) and U S Global Investors Inc. (3.04%). Insiders that own company stock include Amazon Com Inc, David R Soaper, Deborah A Loveless, Edward Joseph Koharik III, Edward Russell Smethwick, James T Pradetto, Jeffrey J Vorholt, John Christopher Teets, Joseph C Hete, Matthew E Fedders, Michael L Berger, Quint O Turner, Randy D Rademacher, Raymond E Johns Jr and Richard Francis Corrado.
View institutional ownership trends
.

How do I buy shares of Air Transport Services Group?

Shares of ATSG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:ATSG) was last updated on 3/29/2024 by MarketBeat.com Staff

From Our Partners