Air Transport Services Group, Inc. (ATSG)
| Market Cap | 1.07B |
| Revenue (ttm) | 2.06B |
| Net Income (ttm) | 48.81M |
| Shares Out | 65.72M |
| EPS (ttm) | 0.70 |
| PE Ratio | 23.21 |
| Forward PE | 20.00 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 288,314 |
| Open | 16.16 |
| Previous Close | 15.90 |
| Day's Range | 15.75 - 16.35 |
| 52-Week Range | 11.62 - 24.96 |
| Beta | 0.84 |
| Analysts | Buy |
| Price Target | 21.33 (+31.26%) |
| Earnings Date | Aug 8, 2024 |
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. 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 ma... [Read more]
Financial Performance
In 2023, ATSG's revenue was $2.07 billion, an increase of 1.23% compared to the previous year's $2.05 billion. Earnings were $60.33 million, a decrease of -69.62%.
Financial StatementsAnalyst Forecast
According to 6 analysts, the average rating for ATSG stock is "Buy." The 12-month stock price forecast is $21.33, which is an increase of 31.26% from the latest price.
News
ATSG to Host Second Quarter 2024 Investor Conference Call
WILMINGTON, Ohio--(BUSINESS WIRE)--ATSG will report second quarter 2024 earnings on August 8, 2024, and will host an investor call on August 9, 2024, to review its financial results.
Air Transport Services Group Hosts Inspiring Future Aviators; Awards Top Camper the Mike & Judith Berger Scholarship
WILMINGTON, Ohio--(BUSINESS WIRE)--ATSG hosted Aviation Camp 2024 in June at Wilmington Air Park to inspire and educate the next generation of aviation enthusiasts and professionals.
ATSG Announces Signed Lease Agreements for Two 767-300 Freighter Aircraft to My Freighter
WILMINGTON, Ohio--(BUSINESS WIRE)--ATSG has signed leased agreements for two additional Boeing 767-300 converted freighters to My Freighter Cargo Airlines of Tashkent, Uzbekistan.
ATSG Recognizes Six Scholarship Recipients
WILMINGTON, Ohio--(BUSINESS WIRE)--Air Transport Services Group, Inc. recently announced this year's recipients of the annual Hete Family Scholarship.
ATSG Announces Executive Leadership Succession
WILMINGTON, Ohio--(BUSINESS WIRE)--Air Transport Services Group, Inc. (NASDAQ: ATSG), the global leader in medium wide-body freighter aircraft leasing, air operations, and support services, today anno...
ATSG Holds Annual Meeting of Stockholders
WILMINGTON, Ohio--(BUSINESS WIRE)--Stockholders of Air Transport Services Group, Inc. meeting today on a virtual-only basis have reelected nine directors to the Board of Directors.
ATSG Reports First Quarter 2024 Results
WILMINGTON, Ohio--(BUSINESS WIRE)--Air Transport Services Group, Inc. (Nasdaq: ATSG), the leading provider of medium wide-body freighter aircraft leasing, contracted air transportation, and related se...
ATSG Expands Operations in the Amazon Air Network
WILMINGTON, Ohio--(BUSINESS WIRE)--ATSG today announced an agreement to operate 10 additional Boeing 767 freighters for Amazon.com Services LLC in the Amazon Air network by end of 2024.
ATSG to Host First Quarter 2024 Investor Conference Call
WILMINGTON, Ohio--(BUSINESS WIRE)--ATSG will host a conference call on Tuesday, May 7, 2024, at 10 a.m. EDT to review its financial results for the first quarter ended March 31, 2024.
ATSG Highlights Progress in Third Annual Sustainability Report
WILMINGTON, Ohio--(BUSINESS WIRE)--ATSG has published its 2023 Sustainability Report to provide information about significant sustainability efforts made by the company in 2023.
My Freighter Leases Third 767 from ATSG
WILMINGTON, Ohio--(BUSINESS WIRE)--ATSG announced today that it has delivered a newly converted Boeing 767-300 freighter to My Freighter Cargo Airlines of Tashkent, Uzbekistan.
ATSG Delivers Additional Boeing 767 Freighter to DHL
WILMINGTON, Ohio--(BUSINESS WIRE)--ATSG announced that it has commenced a new agreement to lease a 767-300 freighter aircraft to DHL to operate within DHL's global network.
ATSG Surpasses $980,000 in Charitable Giving in 2023
WILMINGTON, Ohio--(BUSINESS WIRE)--ATSG's charitable giving in 2023 topped $980,000, a fifteen percent increase over the prior year total.
ATSG Reports Fourth Quarter and Full-Year 2023 Results
WILMINGTON, Ohio--(BUSINESS WIRE)--Air Transport Services Group, Inc. (Nasdaq: ATSG), the leading provider of medium wide-body freighter aircraft leasing, contracted air transportation, and related se...
ATSG to Host Fourth Quarter 2023 Investor Conference Call
WILMINGTON, Ohio--(BUSINESS WIRE)--ATSG will host an investor call on Feb. 27, 2024, at 10 a.m. EST to review its financial results for the fourth quarter and year ended Dec. 31, 2023.
ATSG Announces New President of Airline Subsidiary ATI
WILMINGTON, Ohio--(BUSINESS WIRE)--ATSG announced the retirement of James O'Grady, President of Air Transport International, and the appointment of his replacement, Mike Betson.
ATSG Raises Over $317,000 with Charity Golf Outings
WILMINGTON, Ohio--(BUSINESS WIRE)--ATSG raised more than $317,000 during their charity golf series held this year.
ATSG Delivers Boeing 767-300BCF to My Freighter
WILMINGTON, Ohio--(BUSINESS WIRE)--ATSG announced today that it delivered a Boeing 767-300 freighter to My Freighter Cargo Airlines of Uzbekistan under the terms of a multi-year lease.
ATSG to Present at the Stephens Annual Investment Conference NASH2023
WILMINGTON, Ohio--(BUSINESS WIRE)--ATSG today announced that it will present at the Stephens Annual Investment Conference in Nashville, Tenn., on November 14, 2023, at 9 a.m. CST.
ATSG Reports Third Quarter 2023 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, to...
ATSG Board of Directors Appoints Joe Hete as Chief Executive Officer
WILMINGTON, Ohio--(BUSINESS WIRE)--Air Transport Services Group, Inc. (NASDAQ: ATSG), the global leader in medium wide-body freighter aircraft leasing, air operations, and support services, today anno...
ATSG to Host Third Quarter 2023 Investor Conference Call
WILMINGTON, Ohio--(BUSINESS WIRE)--ATSG will host an investor call to review its third quarter 2023 financial results on Tuesday, November 7, 2023, at 10:00 a.m. Eastern Time.
Air Transport Services Group to Host Investor Day
WILMINGTON, Ohio--(BUSINESS WIRE)--Air Transport Services Group, Inc. (Nasdaq: ATSG), the global leader in medium wide-body freighter aircraft leasing, contracted air transportation, and related servi...
ATSG to Webcast Fireside Chat at the TD Cowen 2023 Global Transportation Conference
WILMINGTON, Ohio--(BUSINESS WIRE)--Air Transport Services Group, Inc. (Nasdaq: ATSG) today announced that it will webcast a fireside chat at the TD Cowen Global Transportation Conference in Boston on ...
Air Transport Services Group, Inc. Prices $350 Million Convertible Senior Notes Offering
WILMINGTON, Ohio--(BUSINESS WIRE)--ATSG today announced the pricing of its offering of convertible senior notes due 2029 in a private offering to qualified institutional buyers.