ATSG icon

Air Transport Services

21.87 USD
-0.03
0.14%
At close Dec 20, 4:00 PM EST
After hours
21.87
+0.00
0.00%
1 day
-0.14%
5 days
-0.14%
1 month
-0.55%
3 months
39.92%
6 months
68.88%
Year to date
32.38%
1 year
31.67%
5 years
-9.06%
10 years
149.37%
 

About: Air Transport Services Group Inc along with its subsidiaries operates within the airfreight and logistics industry. It leases aircraft and provides airline operations, ground services, aircraft modification and maintenance, and other support services mainly to the cargo transportation and package delivery industries. The company has two reportable segments namely Cargo Aircraft Management and ACMI Services (Aircraft, Crew, Maintenance, and Insurance). It generates a majority of its revenue from the ACMI services segment.

Employees: 5,095

0
Funds holding %
of 6,809 funds
Analysts bullish %

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

58% more first-time investments, than exits

New positions opened: 30 | Existing positions closed: 19

16% more capital invested

Capital invested by funds: $903M [Q2] → $1.05B (+$145M) [Q3]

7% more funds holding

Funds holding: 154 [Q2] → 165 (+11) [Q3]

6% more repeat investments, than reductions

Existing positions increased: 54 | Existing positions reduced: 51

0% more funds holding in top 10

Funds holding in top 10: 4 [Q2] → 4 (+0) [Q3]

0.49% less ownership

Funds ownership: 99.4% [Q2] → 98.9% (-0.49%) [Q3]

57% less call options, than puts

Call options by funds: $3.18M | Put options by funds: $7.43M

Research analyst outlook

2 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target
$23
3%
upside
Avg. target
$23
3%
upside
High target
$23
3%
upside

2 analyst ratings

positive
0%
neutral
100%
negative
0%
Truist Securities
Michael Ciarmoli
66% 1-year accuracy
39 / 59 met price target
3%upside
$23
Hold
Maintained
5 Nov 2024
Loop Capital
Rick Paterson
17% 1-year accuracy
1 / 6 met price target
3%upside
$23
Hold
Downgraded
5 Nov 2024

Financial journalist opinion

Based on 4 articles about ATSG published over the past 30 days

Neutral
Business Wire
1 week ago
ATSG Announces Expiration of “Go-Shop” Period
WILMINGTON, Ohio & NEW YORK--(BUSINESS WIRE)--Air Transport Services Group, Inc. (NASDAQ:ATSG), a global leader in medium widebody freighter aircraft leasing, air transport operations, and support services, today announced the expiration of the 35-day “go-shop” period under the terms of the previously announced definitive merger agreement, pursuant to which Stonepeak, a leading alternative investment firm specializing in infrastructure and real assets, will acquire ATSG for $22.50 per share in.
ATSG Announces Expiration of “Go-Shop” Period
Neutral
Business Wire
2 weeks ago
ATSG Raises $364,000 with Charity Golf Outings
WILMINGTON, Ohio--(BUSINESS WIRE)--ATSG raised $364,000 in donations during charity golf events this year to benefit the ATSG Charitable Foundation.
ATSG Raises $364,000 with Charity Golf Outings
Negative
Zacks Investment Research
3 weeks ago
3 Air-Freight & Cargo Stocks to Keep an Eye On Amid Demand Woes
Headwinds like weak demand, high inflation and geopolitical woes hurt the Zacks Transportation-Air Freight and Cargo industry. UPS, GXO and ATSG are likely to stand out.
3 Air-Freight & Cargo Stocks to Keep an Eye On Amid Demand Woes
Neutral
Business Wire
3 weeks ago
ATSG Delivers Boeing 767-300 Freighter to CAMEX Airlines
WILMINGTON, Ohio--(BUSINESS WIRE)--ATSG announced that its subsidiary Airborne Global Leasing has delivered a Boeing 767 freighter under a long-term lease agreement with CAMEX Airlines.
ATSG Delivers Boeing 767-300 Freighter to CAMEX Airlines
Negative
Zacks Investment Research
1 month ago
ATSG Q3 Earnings & Revenues Miss Estimates, Decrease Y/Y
Air Transport Services' third-quarter 2024 earnings and revenues decrease year over year.
ATSG Q3 Earnings & Revenues Miss Estimates, Decrease Y/Y
Neutral
Zacks Investment Research
1 month ago
Air Transport Services (ATSG) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
While the top- and bottom-line numbers for Air Transport Services (ATSG) give a sense of how the business performed in the quarter ended September 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Air Transport Services (ATSG) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
Negative
Zacks Investment Research
1 month ago
Air Transport Services (ATSG) Q3 Earnings and Revenues Lag Estimates
Air Transport Services (ATSG) came out with quarterly earnings of $0.13 per share, missing the Zacks Consensus Estimate of $0.19 per share. This compares to earnings of $0.32 per share a year ago.
Air Transport Services (ATSG) Q3 Earnings and Revenues Lag Estimates
Neutral
Business Wire
1 month ago
ATSG Reports Third Quarter 2024 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 services, today reported consolidated financial results for the third quarter ended September 30, 2024. Those results, as compared with the same period in 2023, were as follows: Third Quarter Results Revenues of $471 million, versus $523 million GAAP Loss per Share from Continuing Operations of ($0.0.
ATSG Reports Third Quarter 2024 Results
Neutral
Zacks Investment Research
1 month ago
Seeking Clues to Air Transport Services (ATSG) Q3 Earnings? A Peek Into Wall Street Projections for Key Metrics
Evaluate the expected performance of Air Transport Services (ATSG) for the quarter ended September 2024, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.
Seeking Clues to Air Transport Services (ATSG) Q3 Earnings? A Peek Into Wall Street Projections for Key Metrics
Positive
Zacks Investment Research
1 month ago
ATSG Gears Up to Report Q3 Earnings: What's in the Offing?
Air Transport Services Group's third-quarter results are expected to be boosted by robust cost-cutting initiatives and a strong demand scenario.
ATSG Gears Up to Report Q3 Earnings: What's in the Offing?
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