Air Transport Services Group, Inc. (ATSG)

NASDAQ: ATSG · IEX Real-Time Price · USD
26.92 -1.08 (-3.86%)
Jan 18, 2022 4:00 PM EST - Market closed
Market Cap2.00B
Revenue (ttm)1.65B
Net Income (ttm)192.02M
Shares Out74.20M
EPS (ttm)2.36
PE Ratio11.43
Forward PE21.55
Dividendn/a
Ex-Dividend Daten/a
Volume226,533
Open27.67
Previous Close28.00
Day's Range26.89 - 27.75
52-Week Range21.42 - 31.48
Beta0.55
AnalystsStrong Buy
Price Target33.17 (+23.2%)
Earnings DateNov 4, 2021

About ATSG

Air Transport Services Group, Inc., through its subsidiaries, engages in the aircraft leasing and air cargo transportation services in the United States and internationally. It offers contracted airline operations, aircraft modification and maintenance services, ground services, and other support services. The company also provides air transportation, aircraft parts, crews, insurance, airline express operations, line and heavy maintenance, freighter conversions, material handling equipment, ground handling, equipment maintenance, load transfer,...

IndustryAir Freight & Logistics
Founded1980
CEORichard Corrado
Employees5,305
Stock ExchangeNASDAQ
Ticker SymbolATSG
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 6 analysts, the average rating for ATSG stock is "Strong Buy." The 12-month stock price forecast is 33.17, which is an increase of 23.22% from the latest price.

Price Target
$33.17
(23.22% upside)
Analyst Consensus: Strong Buy

News

Best Value Stocks to Buy for January 19th

ATSG, PTR, and LUMN made it to the Zacks Rank #1 (Strong Buy) value stocks list on January 19, 2022

Other symbols:LUMNPTR
2 hours ago - Zacks Investment Research

ATSG Announces More Than $560,000 Raised For Charities Supporting Communities Across Its Network

WILMINGTON, Ohio--(BUSINESS WIRE)--Air Transport Services Group, Inc. announced today that more than $560,000 was raised for various charitable causes during 2021.

1 day ago - Business Wire

Air Transport Services (ATSG) Upgraded to Strong Buy: Here's Why

Air Transport Services (ATSG) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).

5 days ago - Zacks Investment Research

Freighter Demand Drives Air Transport (ATSG) Amid High Debt

Rising demand for midsize freighters boosts Air Transport Services (ATSG). However, a high debt is a concern.

2 weeks ago - Zacks Investment Research

ATSG Announces New Presidents of Two Subsidiaries

WILMINGTON, Ohio--(BUSINESS WIRE)--ATSG today appointed new presidents at two subsidiaries, Cargo Aircraft Management and Airborne Maintenance & Engineering Services.

3 weeks ago - Business Wire

ATSG to Webcast Investor Presentation at the Stephens Annual Investment Conference

WILMINGTON, Ohio--(BUSINESS WIRE)--ATSG will Webcast its Investor Presentation at the Stephens Annual Investment Conference on December 2, 2021 at 10 AM CST.

1 month ago - Business Wire

3 Stocks to Watch From the Promising Air Freight & Cargo Industry

The upcoming holiday season should provide a further boost to the Zacks Transportation -Air Freight and Cargo industry. Companies like UPS, AAWW and ATSG should gain from this likely development.

Other symbols:AAWWUPS
1 month ago - Zacks Investment Research

Air Transport Services (ATSG) Q3 Earnings Beat, Increase Y/Y

Higher revenues aid Air Transport Services' (ATSG) Q3 results.

2 months ago - Zacks Investment Research

Air Transport Services (ATSG) Q3 Earnings and Revenues Beat Estimates

Air Transport Services (ATSG) delivered earnings and revenue surprises of 30.43% and 8.45%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

2 months ago - Zacks Investment Research

ATSG Reports Record Third Quarter 2021 Results

WILMINGTON, Ohio--(BUSINESS WIRE)--Air Transport Services Group, Inc. (Nasdaq: ATSG), the leading provider of medium wide-body aircraft leasing, contracted air transportation, and related services, toda...

2 months ago - Business Wire

Air Transport Services (ATSG) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

Air Transport Services (ATSG) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

2 months ago - Zacks Investment Research

ATSG to Host Third Quarter 2021 Investor Conference Call

WILMINGTON, Ohio--(BUSINESS WIRE)--Air Transport Services Group, Inc. (NASDAQ:ATSG) today announced that it will host an investor conference call on Friday, November 5, 2021, at 10 a.m. Eastern time to ...

2 months ago - Business Wire

Airborne Maintenance & Engineering Services Grows Business with United Airlines

WILMINGTON, Ohio--(BUSINESS WIRE)--Airborne Maintenance & Engineering Services, a subsidiary of ATSG, has signed a multi-year agreement to provide heavy maintenance for United Airlines.

4 months ago - Business Wire

Here's Why You Should Retain Air Transport Services (ATSG) Now

Strong e-commerce demand and surge in cargo aircraft management segment revenues are boosting Air Transport Services (ATSG) stock. However, rising capex is a headwind.

4 months ago - Zacks Investment Research

Is Air Transport a Suitable Stock for Value Investors Now?

Let's see if Air Transport (ATSG) stock is a good choice for value-oriented investors right now from multiple angles.

4 months ago - Zacks Investment Research

ATSG Subsidiary PEMCO Delivers Second Boeing 737-700 FlexCombi™

TAMPA, Fla.--(BUSINESS WIRE)--PEMCO Conversions delivered a second B737-700 FlexCombi™ to Bahrain-based Chisholm Enterprises. It will be operated by Chisholm subsidiary Texel Air.

4 months ago - Business Wire

LGSTX Services Named Airport Business of the Year

WILMINGTON, Ohio--(BUSINESS WIRE)--LGSTX Services, a wholly owned subsidiary of ATSG, was named 2021 Airport Business of the Year by the Ohio Aviation Association.

4 months ago - Business Wire

Air Transport Services (ATSG) Q2 Earnings & Revenues Beat

Air Transport Services' (ATSG) Q2 results are driven by higher revenues from the CAM segment and other operations, partly offset by weak revenues from the ACMI Services unit.

5 months ago - Zacks Investment Research

Air Transport Services (ATSG) Q2 Earnings and Revenues Surpass Estimates

Air Transport Services (ATSG) delivered earnings and revenue surprises of 34.62% and 6.03%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

5 months ago - Zacks Investment Research

Air Transport Services Gr: Q2 Earnings Insights

Shares of Air Transport Services Gr (NASDAQ:ATSG) moved lower in after-market trading after the company reported Q2 results. Quarterly Results Earnings per share fell 25.53% year over year to $0.35, whi...

5 months ago - Benzinga

ATSG Reports Second Quarter 2021 Results

WILMINGTON, Ohio--(BUSINESS WIRE)--Air Transport Services Group, Inc. (Nasdaq: ATSG), the leading provider of medium wide-body aircraft leasing, contracted air transportation, and related services, toda...

5 months ago - Business Wire

ATSG Appoints Trisha Frank as Vice President of Government Programs

WILMINGTON, Ohio--(BUSINESS WIRE)--Air Transport Services Group, Inc., (Nasdaq: ATSG) today announced the appointment of Trisha Frank to the role of Vice President of Government Programs. This expands h...

5 months ago - Business Wire

Earnings Preview: Air Transport Services (ATSG) Q2 Earnings Expected to Decline

Air Transport Services (ATSG) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

5 months ago - Zacks Investment Research

ATSG to Host Second Quarter 2021 Investor Conference Call

WILMINGTON, Ohio--(BUSINESS WIRE)--Air Transport Services Group, Inc. (NASDAQ:ATSG) today announced that it will host an investor conference call on Friday, August 6, 2021, at 10 a.m. Eastern time to re...

5 months ago - Business Wire

ATSG Announces New President of Airline Subsidiary Omni Air International

TULSA, Okla.--(BUSINESS WIRE)--ATSG today announced that Omni Air International, LLC, an airline subsidiary of ATSG, has appointed Dan Orcutt as president of the passenger airline.

6 months ago - Business Wire