Media coverage about Air Transport Services Group (NASDAQ:ATSG) has trended somewhat positive recently, Accern Sentiment Analysis reports. The research group identifies positive and negative press coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Air Transport Services Group earned a daily sentiment score of 0.12 on Accern’s scale. Accern also assigned headlines about the transportation company an impact score of 46.4651633255305 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
Air Transport Services Group (NASDAQ ATSG) opened at $23.14 on Monday. The company has a current ratio of 0.97, a quick ratio of 0.87 and a debt-to-equity ratio of 1.62. Air Transport Services Group has a twelve month low of $14.97 and a twelve month high of $26.75. The firm has a market cap of $1,368.06, a PE ratio of -17.66 and a beta of 1.96.
Air Transport Services Group (NASDAQ:ATSG) last posted its earnings results on Monday, November 6th. The transportation company reported $0.22 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.21 by $0.01. Air Transport Services Group had a negative net margin of 7.77% and a positive return on equity of 16.62%. The firm had revenue of $254.10 million during the quarter, compared to the consensus estimate of $256.13 million. During the same period last year, the firm posted $0.14 EPS. The firm’s revenue for the quarter was up 31.5% on a year-over-year basis. equities research analysts anticipate that Air Transport Services Group will post 0.86 earnings per share for the current fiscal year.
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A number of equities analysts have recently issued reports on ATSG shares. Cowen set a $27.00 price target on shares of Air Transport Services Group and gave the company a “buy” rating in a report on Friday, October 13th. Stifel Nicolaus reiterated a “hold” rating and issued a $22.00 price target (up previously from $20.00) on shares of Air Transport Services Group in a report on Tuesday, November 7th. Zacks Investment Research upgraded shares of Air Transport Services Group from a “sell” rating to a “hold” rating in a report on Monday, October 16th. BidaskClub downgraded shares of Air Transport Services Group from a “buy” rating to a “hold” rating in a report on Tuesday, December 12th. Finally, ValuEngine downgraded shares of Air Transport Services Group from a “buy” rating to a “hold” rating in a report on Friday, December 1st. One analyst has rated the stock with a sell rating, five have issued a hold rating and three have given a buy rating to the company’s stock. Air Transport Services Group currently has an average rating of “Hold” and an average price target of $24.86.
In other Air Transport Services Group news, CFO Quint O. Turner sold 6,750 shares of the firm’s stock in a transaction dated Friday, December 8th. The shares were sold at an average price of $23.98, for a total transaction of $161,865.00. Following the completion of the transaction, the chief financial officer now directly owns 264,425 shares in the company, valued at approximately $6,340,911.50. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Joseph Edward Roux sold 10,012 shares of Air Transport Services Group stock in a transaction dated Monday, November 13th. The stock was sold at an average price of $23.61, for a total transaction of $236,383.32. Following the sale, the director now owns 27,862 shares of the company’s stock, valued at $657,821.82. The disclosure for this sale can be found here. Insiders have sold a total of 17,512 shares of company stock valued at $416,248 over the last 90 days. 2.20% of the stock is currently owned by insiders.
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About Air Transport Services Group
Air Transport Services Group, Inc (ATSG) is a holding company. The Company provides airline operations, aircraft leases, aircraft maintenance and other support services primarily to the cargo transportation and package delivery industries. It offers aircraft, crew, maintenance and insurance (ACMI) for specified cargo operations.