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Air Transport Services Group, Inc. (ATSG)

NASDAQ: ATSG · IEX Real-Time Price · USD
25.05 -0.76 (-2.94%)
Sep 20, 2021 2:07 PM EDT - Market open
Market Cap1.92B
Revenue (ttm)1.59B
Net Income (ttm)121.76M
Shares Out68.21M
EPS (ttm)1.75
PE Ratio14.31
Forward PE21.55
Dividendn/a
Ex-Dividend Daten/a
Volume230,185
Open25.44
Previous Close25.81
Day's Range24.86 - 25.60
52-Week Range21.42 - 32.43
Beta0.59
AnalystsStrong Buy
Price Target32.50 (+29.7%)
Est. Earnings DateOct 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,...

IndustryAir Freight & Logistics
Founded1980
CEORichard Corrado
Employees5,305
Stock ExchangeNASDAQ
Ticker SymbolATSG
Full Company Profile

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 Statements

Analyst 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.

Price Target
$32.50
(29.74% upside)
Analyst Consensus: Strong Buy

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.

1 week ago - Business Wire

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.

2 weeks ago - Zacks Investment Research

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.

2 weeks ago - Zacks Investment Research

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.

2 weeks ago - Business Wire

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.

3 weeks ago - Business Wire

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.

1 month ago - Zacks Investment Research

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?

1 month ago - Zacks Investment Research

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...

1 month ago - Benzinga

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...

1 month ago - Business Wire

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...

1 month ago - Business Wire

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.

1 month ago - Zacks Investment Research

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...

1 month ago - Business Wire

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.

2 months ago - Business Wire

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.

2 months ago - Business Wire

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.”

2 months ago - Business Wire

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.

3 months ago - Business Wire

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?

3 months ago - Zacks Investment Research

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.

3 months ago - Business Wire

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.

3 months ago - Business Wire

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.

4 months ago - Zacks Investment Research

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...

4 months ago - Business Wire

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.

4 months ago - Zacks Investment Research

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

Other symbols:CSIDNMYFWYY
4 months ago - Zacks Investment Research

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...

4 months ago - Business Wire

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.

4 months ago - Business Wire