StockNews.com initiated coverage on shares of Air Transport Services Group (NASDAQ:ATSG – Get Free Report) in a research note issued on Thursday. The firm set a “hold” rating on the transportation company’s stock.
Air Transport Services Group Price Performance
Shares of ATSG stock opened at $22.33 on Thursday. The company has a debt-to-equity ratio of 1.06, a current ratio of 0.81 and a quick ratio of 0.68. The company has a market capitalization of $1.47 billion, a P/E ratio of -558.11 and a beta of 0.79. The company’s 50-day simple moving average is $22.22 and its two-hundred day simple moving average is $19.95. Air Transport Services Group has a one year low of $11.62 and a one year high of $22.38.
Air Transport Services Group (NASDAQ:ATSG – Get Free Report) last issued its earnings results on Monday, March 3rd. The transportation company reported $0.40 EPS for the quarter, topping analysts’ consensus estimates of $0.35 by $0.05. Air Transport Services Group had a negative net margin of 0.12% and a positive return on equity of 3.12%. The business had revenue of $1.96 billion for the quarter, compared to the consensus estimate of $521.36 million. As a group, equities analysts anticipate that Air Transport Services Group will post 0.83 EPS for the current year.
Hedge Funds Weigh In On Air Transport Services Group
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 Stories
- Five stocks we like better than Air Transport Services Group
- Options Trading – Understanding Strike Price
- Rubrik Stock’s V-Bottom Reversal Signals a Major Rally Ahead
- Asset Allocation: The Key to a Successful Portfolio. Are You Paying Attention to Yours?
- How Super Micro Computer Stock Is Defying the Market Sell-Off
- What Does a Stock Split Mean?
- AppLovin vs. HPE: Which Tech Stock Can Bounce Back Faster?
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.