News coverage about Air Transport Services Group (NASDAQ:ATSG) has been trending somewhat positive recently, Accern Sentiment Analysis reports. The research firm identifies positive and negative press coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Air Transport Services Group earned a daily sentiment score of 0.09 on Accern’s scale. Accern also gave press coverage about the transportation company an impact score of 47.0022072630023 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
Air Transport Services Group (NASDAQ ATSG) opened at $25.10 on Friday. The stock has a market capitalization of $1,489.09, a price-to-earnings ratio of -114.09 and a beta of 1.74. The company has a debt-to-equity ratio of 1.26, a current ratio of 1.00 and a quick ratio of 0.88. Air Transport Services Group has a 12 month low of $15.34 and a 12 month high of $27.67.
Air Transport Services Group (NASDAQ:ATSG) last announced its quarterly earnings data on Tuesday, February 27th. The transportation company reported $0.30 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.27 by $0.03. The firm had revenue of $322.97 million during the quarter, compared to the consensus estimate of $270.16 million. Air Transport Services Group had a return on equity of 18.48% and a net margin of 1.73%. equities research analysts expect that Air Transport Services Group will post 1.3 earnings per share for the current fiscal year.
ATSG has been the subject of several recent research reports. TheStreet upgraded Air Transport Services Group from a “c” rating to a “b” rating in a report on Wednesday, February 28th. ValuEngine upgraded Air Transport Services Group from a “hold” rating to a “buy” rating in a report on Thursday, March 1st. Zacks Investment Research upgraded Air Transport Services Group from a “hold” rating to a “buy” rating and set a $27.00 price target for the company in a report on Tuesday, January 9th. Imperial Capital reiterated an “in-line” rating and set a $26.00 price target (up previously from $23.00) on shares of Air Transport Services Group in a report on Thursday, March 1st. Finally, BidaskClub upgraded Air Transport Services Group from a “buy” rating to a “strong-buy” rating in a report on Thursday, January 25th. Five equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. Air Transport Services Group has an average rating of “Hold” and an average price target of $27.14.
In other Air Transport Services Group news, CFO Quint O. Turner sold 7,500 shares of the company’s stock in a transaction on Monday, January 8th. The stock was sold at an average price of $24.60, for a total value of $184,500.00. Following the completion of the transaction, the chief financial officer now owns 247,573 shares in the company, valued at approximately $6,090,295.80. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Quint O. Turner sold 3,500 shares of the company’s stock in a transaction on Monday, March 12th. The shares were sold at an average price of $24.68, for a total value of $86,380.00. The disclosure for this sale can be found here. Insiders sold a total of 47,289 shares of company stock valued at $1,162,480 in the last 90 days. Corporate insiders own 2.20% of the company’s stock.
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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.
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