Air Transport Services Group, Inc. (ATSG)

NASDAQ: ATSG · IEX Real-Time Price · USD
12.40
-0.40 (-3.13%)
Apr 15, 2024, 4:00 PM EDT - Market closed
-3.13%
Market Cap 814.46M
Revenue (ttm) 2.07B
Net Income (ttm) 60.33M
Shares Out 65.68M
EPS (ttm) 0.82
PE Ratio 15.12
Forward PE 17.12
Dividend n/a
Ex-Dividend Date n/a
Volume 445,592
Open 12.82
Previous Close 12.80
Day's Range 12.38 - 13.01
52-Week Range 11.62 - 24.96
Beta 0.85
Analysts Buy
Price Target 23.83 (+92.18%)
Earnings Date May 2, 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]

Industry Airlines
Sector Industrials
Founded 1980
Employees 5,095
Stock Exchange NASDAQ
Ticker Symbol ATSG
Full Company Profile

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 Statements

Analyst Forecast

According to 6 analysts, the average rating for ATSG stock is "Buy." The 12-month stock price forecast is $23.83, which is an increase of 92.18% from the latest price.

Price Target
$23.83
(92.18% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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.

14 hours ago - Business Wire

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.

12 days ago - Business Wire

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.

21 days ago - Business Wire

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.

4 weeks ago - Business Wire

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.

5 weeks ago - Business Wire

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...

7 weeks ago - Business Wire

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.

2 months ago - Business Wire

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.

2 months ago - Business Wire

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.

4 months ago - Business Wire

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.

5 months ago - Business Wire

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.

5 months ago - Business Wire

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...

5 months ago - Business Wire

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...

5 months ago - Business Wire

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.

6 months ago - Business Wire

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...

7 months ago - Business Wire

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 ...

8 months ago - Business Wire

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.

8 months ago - Business Wire

Air Transport Services Group, Inc. Announces Proposed Convertible Senior Notes Offering

WILMINGTON, Ohio--(BUSINESS WIRE)--ATSG today announced its intention to offer convertible senior notes due 2029 in a private offering to qualified institutional buyers.

8 months ago - Business Wire

ATSG Reports Second 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...

9 months ago - Business Wire

ATSG to Release Second Quarter 2023 Results

WILMINGTON, Ohio--(BUSINESS WIRE)--Air Transport Services Group, Inc. (NASDAQ:ATSG) today announced that it will release its second-quarter 2023 financial results after close of market on Thursday, Au...

9 months ago - Business Wire

ATSG Reports First 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...

1 year ago - Business Wire

ATSG to Host First Quarter 2023 Investor Conference Call

WILMINGTON, Ohio--(BUSINESS WIRE)--ATSG will host an investor conference call on May 5, 2023, at 10 a.m. EDT to review financial results for the first quarter ended March 31, 2023.

1 year ago - Business Wire

5 Stocks Insiders Have Built Positions in Over the Past 3 Months

According to the Insider Cluster Buys Screen, a Premium feature of GuruFocus, five stocks that have high number of unique insider buys over the past three months are Air Transport Services Group Inc. ...

Other symbols: NEWTSCHWVLYXAIR
1 year ago - GuruFocus

3 Overlooked Value Creators Insiders Are Buying

Growth and value are two of the most common characteristics investors look for in stocks. However, not all stocks that are undervalued are achieving enough growth for their share prices to appreciate,...

Other symbols: AKAMMYE
1 year ago - GuruFocus

ATSG Reports Record 2022 Revenues

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...

1 year ago - Business Wire