Air Transport Services Group, Inc. (NASDAQ:ATSG – Get Free Report) saw some unusual options trading activity on Monday. Stock traders purchased 2,224 call options on the stock. This represents an increase of approximately 572% compared to the typical volume of 331 call options.
Wall Street Analyst Weigh In
A number of equities research analysts recently commented on ATSG shares. Truist Financial raised their price objective on shares of Air Transport Services Group from $14.00 to $15.00 and gave the company a “hold” rating in a research report on Monday, August 12th. Stifel Nicolaus lifted their target price on shares of Air Transport Services Group from $23.00 to $25.00 and gave the company a “buy” rating in a report on Monday, August 12th. Three analysts have rated the stock with a hold rating and two have given a buy rating to the stock. According to MarketBeat.com, Air Transport Services Group currently has a consensus rating of “Hold” and an average price target of $18.25.
Read Our Latest Stock Analysis on Air Transport Services Group
Institutional Investors Weigh In On Air Transport Services Group
Air Transport Services Group Stock Performance
Air Transport Services Group stock traded up $0.66 during mid-day trading on Monday, reaching $17.32. The company had a trading volume of 294,182 shares, compared to its average volume of 516,975. The company has a quick ratio of 0.62, a current ratio of 0.74 and a debt-to-equity ratio of 1.08. Air Transport Services Group has a 52 week low of $11.62 and a 52 week high of $20.79. The company has a 50 day moving average of $15.72 and a 200-day moving average of $14.55. The firm has a market cap of $1.14 billion, a price-to-earnings ratio of 27.71 and a beta of 0.82.
Air Transport Services Group (NASDAQ:ATSG – Get Free Report) last issued its earnings results on Thursday, August 8th. The transportation company reported $0.19 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.16 by $0.03. Air Transport Services Group had a net margin of 0.90% and a return on equity of 4.24%. The company had revenue of $488.41 million for the quarter, compared to analyst estimates of $513.67 million. During the same quarter last year, the firm earned $0.57 EPS. The company’s revenue for the quarter was down 7.7% on a year-over-year basis. On average, sell-side analysts expect that Air Transport Services Group will post 0.84 EPS for the current fiscal year.
About Air Transport Services Group
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 maintenance.
Featured Articles
- Five stocks we like better than Air Transport Services Group
- NYSE Stocks Give Investors a Variety of Quality Options
- Inflation Risk Rising, Key Trades Investors Are Making Now
- What Are Dividend Champions? How to Invest in the Champions
- 3 Oil Stocks to Watch Before Earnings Come Out
- Health Care Stocks Explained: Why You Might Want to Invest
- Is American Express Stock’s Sell-the-News Reaction a Buying Opp?
Receive News & Ratings for Air Transport Services Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Air Transport Services Group and related companies with MarketBeat.com's FREE daily email newsletter.