Air Transport Services Group, Inc. (ATSG)

NASDAQ: ATSG · IEX Real-Time Price · USD
27.22
+0.15 (0.55%)
Dec 9, 2022 4:00 PM EST - Market closed
0.55%
Market Cap 1.97B
Revenue (ttm) 1.99B
Net Income (ttm) 200.45M
Shares Out 74.00M
EPS (ttm) 2.39
PE Ratio 11.39
Forward PE 21.55
Dividend n/a
Ex-Dividend Date n/a
Volume 2,480,929
Open 26.97
Previous Close 27.07
Day's Range 26.59 - 27.48
52-Week Range 23.32 - 34.54
Beta 0.70
Analysts Buy
Price Target 37.06 (+36.1%)
Earnings Date Nov 4, 2022

About 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. The company offers aircraft, flight crews, aircraft maintenance, 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; carg... [Read more]

Industry Air Freight & Logistics
Founded 1980
CEO Richard Corrado
Employees 5,280
Stock Exchange NASDAQ
Ticker Symbol ATSG
Full Company Profile

Financial Performance

In 2021, ATSG's revenue was $1.73 billion, an increase of 10.42% compared to the previous year's $1.57 billion. Earnings were $231.42 million, an increase of 620.60%.

Financial Statements

Analyst Forecast

According to 12 analysts, the average rating for ATSG stock is "Buy." The 12-month stock price forecast is 37.06, which is an increase of 36.15% from the latest price.

Price Target
$37.06
(36.15% upside)
Analyst Consensus: Buy
Stock Forecasts

News

3 Transportation Stocks That May Overtake the Market in 2023

Given buoyant air-travel demand post-COVID-19 travel restrictions and the reopening of the global economy, here we present three transportation stocks - UAL, R and ATSG - which are likely to perform bet...

Other symbols: RUAL
1 day ago - Zacks Investment Research

6 Reasons Why Investors Should Buy Air Transport (ATSG) Stock

Air Transport (ATSG) is benefiting from the surge in e-commerce demand and strength across both segments.

1 week ago - Zacks Investment Research

Air Transport (ATSG) Rewards Investors With Share Buyback

Air Transport's (ATSG) shareholder-friendly initiative should boost investor confidence and positively impact the company's bottom line.

1 week ago - Zacks Investment Research

ATSG Directors Approve New $150 Million Share Repurchase Authorization

WILMINGTON, Ohio--( BUSINESS WIRE )--Air Transport Services Group, Inc. (NASDAQ:ATSG) today announced its Board of Directors has adopted a new common-share repurchase authorization in replacement for it...

1 week ago - Business Wire

Wall Street Analysts Predict a 28% Upside in Air Transport Services (ATSG): Here's What You Should Know

The average of price targets set by Wall Street analysts indicates a potential upside of 28.3% in Air Transport Services (ATSG). While the effectiveness of this highly sought-after metric is questionabl...

2 weeks ago - Zacks Investment Research

ATSG to Webcast Investor Presentation at the Goldman Sachs 2022 Aircraft Leasing Conference

WILMINGTON, Ohio--( BUSINESS WIRE )--Air Transport Services Group, Inc. (Nasdaq:ATSG) today announced that it will make a webcast presentation at the 2022 Aircraft Leasing Conference presented by Goldma...

2 weeks ago - Business Wire

ATSG Selects Paul Chase as New Chief Commercial Officer

WILMINGTON, Ohio--( BUSINESS WIRE )--Air Transport Services Group, Inc. (NASDAQ:ATSG) today announced that Paul Chase, an experienced air cargo industry executive, will assume Mike Berger's responsibili...

2 weeks ago - Business Wire

3 Air-Freight & Cargo Stocks to Watch Despite Industry Woes

Stocks like UPS, Atlas Air (AAWW) and Air Transport Services (ATSG), belonging to the Zacks Transportation-Air Freight and Cargo industry, should benefit from favorable demand and pricing.

Other symbols: AAWWUPS
1 month ago - Zacks Investment Research

ATSG to Webcast Investor Presentation at the 2022 Stephens Annual Investment Conference

WILMINGTON, Ohio--(BUSINESS WIRE)--Air Transport Services Group, Inc. (Nasdaq:ATSG) today announced that it will make a webcast presentation at the Stephens Annual Investment Conference in Nashville, Te...

1 month ago - Business Wire

How Much Upside is Left in Air Transport Services (ATSG)? Wall Street Analysts Think 36%

The consensus price target hints at a 36.5% upside potential for Air Transport Services (ATSG). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earni...

1 month ago - Zacks Investment Research

Air Transport Services (ATSG) Up 3.1% Since Q3 Earnings Beat

Revenues at Air Transport Services (ATSG) increase 10.9% year over year in third-quarter 2022.

1 month ago - Zacks Investment Research

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

Air Transport Services (ATSG) delivered earnings and revenue surprises of 13.21% and 3.68%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

1 month ago - Zacks Investment Research

ATSG Reports Strong Third Quarter 2022 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...

1 month ago - Business Wire

Air Transport Services (ATSG) Expected to Beat Earnings Estimates: Can the Stock Move Higher?

Air Transport Services (ATSG) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

1 month ago - Zacks Investment Research

Will Air Transport Services (ATSG) Beat Estimates Again in Its Next Earnings Report?

Air Transport Services (ATSG) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

1 month ago - Zacks Investment Research

Ranking the 7 Top Airline Stocks to Buy From Best to Worst

One of the hardest-hit sectors following the onset of the  pandemic centered on air transportation, which brings an awkward segue for top airline stocks to buy. After all, at one point between Feb. and ...

Other symbols: AALCPADLAKY
1 month ago - InvestorPlace

ATSG to Host Third Quarter 2022 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 4, 2022, at 10 a.m.

1 month ago - Business Wire

Here's Why Air Transport Services (ATSG) is a Strong Growth Stock

The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.

2 months ago - Zacks Investment Research

ATSG Elects Jeffrey Dominick to Board of Directors

WILMINGTON, Ohio--(BUSINESS WIRE)--Air Transport Services Group, Inc. today announced that its Board of Directors has elected Jeffrey A. Dominick to the Board.

2 months ago - Business Wire

Air Transport Services (ATSG) Loses 11.2% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner

Air Transport Services (ATSG) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts ...

2 months ago - Zacks Investment Research

Air Transport Services (ATSG) is a Top-Ranked Growth Stock: Should You Buy?

The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.

3 months ago - Zacks Investment Research

Is Air Transport Services Group (ATSG) a Great Value Stock Right Now?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest v...

3 months ago - Zacks Investment Research

Wall Street Analysts Believe Air Transport Services (ATSG) Could Rally 27%: Here's is How to Trade

The consensus price target hints at a 27.2% upside potential for Air Transport Services (ATSG). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earni...

3 months ago - Zacks Investment Research

ATSG to Webcast Investor Presentation at the Cowen 2022 Global Transportation & Sustainable Mobility Conference

WILMINGTON, Ohio--(BUSINESS WIRE)--Air Transport Services Group, Inc. (Nasdaq:ATSG) today announced that it will make a webcast presentation at the virtual Global Transportation & Sustainable Mobility C...

3 months ago - Business Wire

Air Transport Services (ATSG) Down 1.9% Despite Q2 Earnings Beat

Impressive segmental revenues fuel growth at Air Transport Services (ATSG) during Q2.

4 months ago - Zacks Investment Research