Air Transport Services Group, Inc. (ATSG)
| Market Cap | 1.92B |
| Revenue (ttm) | 1.59B |
| Net Income (ttm) | 121.76M |
| Shares Out | 68.21M |
| EPS (ttm) | 1.75 |
| PE Ratio | 14.31 |
| Forward PE | 21.55 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 230,185 |
| Open | 25.44 |
| Previous Close | 25.81 |
| Day's Range | 24.86 - 25.60 |
| 52-Week Range | 21.42 - 32.43 |
| Beta | 0.59 |
| Analysts | Strong Buy |
| Price Target | 32.50 (+29.7%) |
| Est. Earnings Date | Oct 28, 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,...
Financial Performance
In 2020, ATSG's revenue was $1.57 billion, an increase of 8.15% compared to the previous year's $1.45 billion. Earnings were $32.12 million, a decrease of -47.53%.
Financial StatementsAnalyst Forecast
According to 7 analysts, the average rating for ATSG stock is "Strong Buy." The 12-month stock price forecast is 32.50, which is an increase of 29.74% from the latest price.
News
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.
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.
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.
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.
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.
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.
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?
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...
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...
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...
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.
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...
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.
ATSG Accelerates A321 Strategy, Acquires Feedstock for Conversion and Lease
WILMINGTON, Ohio--(BUSINESS WIRE)--ATSG's leasing business has committed to purchase two Airbus A321-200 passenger aircraft, one this year and a second in the first quarter of 2022.
Omni Air International Unveils Premium Service Tier
ORLANDO, Fla.--(BUSINESS WIRE)--Omni Air International, an airline subsidiary of ATSG, today unveiled “Omni Class,” a new premium travel class billed as “180 degrees of 360 luxury.”
TriFactor Solutions Launches New Website
WILMINGTON, Ohio--(BUSINESS WIRE)--TriFactor Solutions, a subsidiary of ATSG, today announced the launch of its newly redesigned website at www.trifactor.com.
Why Is Air Transport Services (ATSG) Down 3.6% Since Last Earnings Report?
Air Transport Services (ATSG) reported earnings 30 days ago. What's next for the stock?
ATSG Holds Annual Meeting of Stockholders
WILMINGTON, Ohio--(BUSINESS WIRE)--Stockholders of Air Transport Services Group, Inc. meeting yesterday on a virtual-only basis have re-elected ten directors to the Board of Directors.
ATSG and DHL Agree to Four Additional 767 Leases
WILMINGTON, Ohio--(BUSINESS WIRE)--ATSG announced today that it has committed to provide four Boeing 767-300 converted freighters to DHL under stand-alone dry lease agreements.
Air Transport Services (ATSG) Q1 Earnings Miss, Decrease Y/Y
Below-par performance of the ACMI services segment hurts Air Transport Services' (ATSG) Q1 results.
ATSG Reports First 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, today...
Analysts Estimate Air Transport Services (ATSG) to Report a Decline in Earnings: What to Look Out for
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.
New Strong Sell Stocks for April 28th
ATSG, CS, MYFW, IDN, and YY have been added to the Zacks Rank #5 (Strong Sell) List on April 28, 2021
ATSG to Host First 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 Thursday, May 6, 2021, at 10 a.m. Eastern time to rev...
Airborne Maintenance & Engineering Services Completes Renovation and Expansion
WILMINGTON, Ohio--(BUSINESS WIRE)--Airborne Maintenance & Engineering Services, Inc., has renovated and expanded its Component Repair/Overhaul and Manufacturing facility.