Air Transport Services Group (ATSG) Scheduled to Post Quarterly Earnings on Monday

Air Transport Services Group (NASDAQ:ATSG) will be announcing its earnings results after the market closes on Monday, May 6th. Analysts expect the company to announce earnings of $0.13 per share for the quarter. Investors interested in listening to the company’s conference call can do so using this link.

Air Transport Services Group (NASDAQ:ATSG) last released its quarterly earnings data on Monday, February 26th. The transportation company reported $0.18 earnings per share for the quarter, missing analysts’ consensus estimates of $0.29 by ($0.11). The firm had revenue of $517.04 million during the quarter, compared to analyst estimates of $521.04 million. Air Transport Services Group had a return on equity of 7.93% and a net margin of 2.91%. On average, analysts expect Air Transport Services Group to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Air Transport Services Group Stock Performance

Shares of ATSG opened at $12.91 on Monday. The firm has a 50-day moving average price of $12.93 and a 200 day moving average price of $15.37. The firm has a market capitalization of $847.93 million, a PE ratio of 17.21 and a beta of 0.85. The company has a quick ratio of 0.74, a current ratio of 0.86 and a debt-to-equity ratio of 1.25. Air Transport Services Group has a 52-week low of $11.62 and a 52-week high of $24.96.

Analyst Ratings Changes

A number of equities analysts recently issued reports on the stock. Truist Financial decreased their target price on shares of Air Transport Services Group from $20.00 to $14.00 and set a “hold” rating for the company in a research report on Friday, April 19th. Susquehanna decreased their target price on shares of Air Transport Services Group from $15.00 to $14.00 and set a “neutral” rating for the company in a research report on Wednesday, February 28th. Finally, StockNews.com lowered shares of Air Transport Services Group from a “hold” rating to a “sell” rating in a research report on Tuesday, March 26th. One analyst has rated the stock with a sell rating, two have given a hold rating and four have given a buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $23.33.

Air Transport Services Group Company Profile

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.