Air Transport Services Group, Inc. (ATSG)
| Market Cap | 1.47B |
| Revenue (ttm) | 1.96B |
| Net Income (ttm) | 27.43M |
| Shares Out | 65.45M |
| EPS (ttm) | 0.40 |
| PE Ratio | 55.54 |
| Forward PE | 21.90 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 4,657,877 |
| Open | 22.49 |
| Previous Close | n/a |
| Day's Range | 22.48 - 22.49 |
| 52-Week Range | 11.69 - 22.49 |
| Beta | 0.89 |
| Analysts | Buy |
| Price Target | 20.60 (-8.36%) |
| Earnings Date | May 5, 2025 |
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 2024, ATSG's revenue was $1.96 billion, a decrease of -5.25% compared to the previous year's $2.07 billion. Earnings were $27.43 million, a decrease of -54.52%.
Financial StatementsAnalyst Summary
According to 5 analysts, the average rating for ATSG stock is "Buy." The 12-month stock price target is $20.6, which is a decrease of -8.36% from the latest price.
News
Air Transport Services Group, Inc. Provides Notice of Fundamental Change and Make-Whole Fundamental Change to Holders of its 3.875% Convertible Senior Notes Due 2029
WILMINGTON, Ohio--(BUSINESS WIRE)--Air Transport Services Group, Inc. (NASDAQ: ATSG) (“ATSG” or the “Company”), a global leader in medium widebody freighter aircraft leasing, air transport operations,...
Stonepeak Completes Acquisition of ATSG
WILMINGTON, Ohio--(BUSINESS WIRE)--Air Transport Services Group, Inc. (“ATSG”), a global leader in medium widebody freighter aircraft leasing, air transport operations, and support services, today ann...
ATSG Reports Fourth 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 Stockholders Approve Proposed Merger with Stonepeak
WILMINGTON, Ohio & NEW YORK--(BUSINESS WIRE)--ATSG today announced that its stockholders voted to approve the proposed merger with Stonepeak at a special meeting of stockholders.
AIR TRANSPORT INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Air Transport Services Group, Inc. - ATSG
NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Air Transport Se...
ATSG Announces Expiration of “Go-Shop” Period
WILMINGTON, Ohio & NEW YORK--(BUSINESS WIRE)--Air Transport Services Group, Inc. (NASDAQ:ATSG), a global leader in medium widebody freighter aircraft leasing, air transport operations, and support ser...
ATSG Raises $364,000 with Charity Golf Outings
WILMINGTON, Ohio--(BUSINESS WIRE)--ATSG raised $364,000 in donations during charity golf events this year to benefit the ATSG Charitable Foundation.
ATSG Delivers Boeing 767-300 Freighter to CAMEX Airlines
WILMINGTON, Ohio--(BUSINESS WIRE)--ATSG announced that its subsidiary Airborne Global Leasing has delivered a Boeing 767 freighter under a long-term lease agreement with CAMEX Airlines.
ATSG Reports Third 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...
ALERT: Rowley Law PLLC is Investigating Proposed Acquisition of Air Transport Services Group, Inc.
NEW YORK , Nov. 4, 2024 /PRNewswire/ -- Rowley Law PLLC is investigating potential securities law violations by Air Transport Services Group, Inc. (NASDAQ: ATSG) and its board of directors concerning ...
Investment firm Stonepeak to buy Air Transport Services Group in $3.1 billion deal
Air Transport Services Group said on Monday it was being acquired by investment firm Stonepeak in a deal valued at $3.1 billion, including debt, sending the aircraft lessor's shares up 22.9% before th...
ATSG to be Acquired by Stonepeak for $3.1 Billion
WILMINGTON, Ohio & NEW YORK--(BUSINESS WIRE)--Air Transport Services Group, Inc. (NASDAQ:ATSG), a global leader in medium widebody freighter aircraft leasing, air transport operations, and support ser...
Exclusive: Stonepeak nears $3.1 billion deal for aircraft lessor ATSG, sources say
Stonepeak is in advanced talks to acquire Air Transport Services Group , a provider of aircraft leasing and cargo transportation services, for about $3.1 billion including debt, people familiar with t...
ATSG Partners with Purdue Global on Employee Education Benefit
WILMINGTON, Ohio--(BUSINESS WIRE)--ATSG has signed an agreement with Purdue Global to make higher education more accessible to ATSG employees and their immediate family members.
Lynch Carpenter Investigates Claims in ATSG Data Breach
PITTSBURGH, Oct. 29, 2024 (GLOBE NEWSWIRE) -- Lynch Carpenter, LLP is investigating a class action against ATSG, Inc. regarding a recently announced data breach. The ATSG data breach may have involved...
ATSG to Host Third Quarter 2024 Investor Conference Call
WILMINGTON, Ohio--(BUSINESS WIRE)--ATSG will issue 3Q 2024 earnings before markets open on Friday, Nov. 8, and host an investor call at 10 a.m. EST that day to review financial results.
ATSG Charitable Foundation Announces Support for STEM Education to Inspire Future Aviation Professionals
WILMINGTON, Ohio--(BUSINESS WIRE)--The ATSG Charitable Foundation announced its financial support for three elementary school book fairs and the Ohio 4-H Pathways to the Future program.
Air Transport Services Group: A Buy On Market Stabilization And Amazon Opportunity
Air Transport Services Group faces declining revenues and fixed costs, but the air freight market shows signs of stabilization, potentially benefiting the company. Second quarter revenues fell 7.7%, w...
Air Transport Services Trying To Recover From A Pandemic-Driven Air Cargo Hangover
Air Transport Services Group has been hit hard by a protracted downturn in air cargo driven by over-expansion in the boom times and weaker demand. Cargo metrics are recovering, though rates and load f...
Air Transport Services Group, Inc. (ATSG) Q2 2024 Earnings Call Transcript
Air Transport Services Group, Inc. (NASDAQ:ATSG) Q2 2024 Earnings Conference Call August 9, 2024 10:00 AM ET Company Participants Joe Payne - Chief Legal Officer Joe Hete - Executive Chairman Mike Be...
ATSG Reports Second 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 Delivers Boeing 767-300 Freighter to Euroavia Airlines
WILMINGTON, Ohio--(BUSINESS WIRE)--ATSG announced that its subsidiary, Cargo Aircraft Management (CAM), has leased a Boeing 767-300 converted freighter to New York-based SLG Worldwide.
ATSG Delivers Two Boeing 767s to Georgian Airways
WILMINGTON, Ohio--(BUSINESS WIRE)--ATSG announced today that its leasing subsidiary recently delivered two Boeing 767-300 aircraft to Georgian Airways LLC of Tbilisi, Georgia.
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.