Air Transport Services Group, Inc. (ATSG)
| 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]
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 StatementsAnalyst 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.
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...
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.
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.
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...
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...
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...
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...
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.
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...
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...
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.
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?
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...
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.
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.
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 ...
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.
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.
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.
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 ...
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.
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...
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...
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...
Air Transport Services (ATSG) Down 1.9% Despite Q2 Earnings Beat
Impressive segmental revenues fuel growth at Air Transport Services (ATSG) during Q2.