Air Transport Services Group (ATSG) Scheduled to Post Quarterly Earnings on Monday

Air Transport Services Group (NASDAQ:ATSG) is set to announce its earnings results after the market closes on Monday, May 6th. Analysts expect the company to announce earnings of $0.13 per share for the quarter. Individual interested in participating in the company’s earnings conference call can do so using this link.

Air Transport Services Group (NASDAQ:ATSG) last released its earnings results on Monday, February 26th. The transportation company reported $0.18 earnings per share for the quarter, missing the consensus estimate of $0.29 by ($0.11). Air Transport Services Group had a net margin of 2.91% and a return on equity of 7.93%. The firm had revenue of $517.04 million during the quarter, compared to the consensus estimate of $521.04 million. On average, analysts expect Air Transport Services Group to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Air Transport Services Group Stock Performance

Shares of ATSG stock opened at $13.08 on Friday. The company has a fifty day moving average price of $12.83 and a two-hundred day moving average price of $15.18. Air Transport Services Group has a one year low of $11.62 and a one year high of $24.96. The stock has a market cap of $859.09 million, a P/E ratio of 17.44 and a beta of 0.85. The company has a debt-to-equity ratio of 1.25, a current ratio of 0.86 and a quick ratio of 0.74.

Analysts Set New Price Targets

ATSG has been the subject of a number of research analyst reports. Truist Financial reduced their price target on Air Transport Services Group from $20.00 to $14.00 and set a “hold” rating for the company in a report on Friday, April 19th. Susquehanna reduced their price objective on shares of Air Transport Services Group from $15.00 to $14.00 and set a “neutral” rating for the company in a research report on Wednesday, February 28th. Finally, StockNews.com lowered shares of Air Transport Services Group from a “hold” rating to a “sell” rating in a research report on Tuesday, March 26th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and four have given a buy rating to the company’s stock. According to data from MarketBeat.com, Air Transport Services Group has a consensus rating of “Hold” and a consensus target price of $23.33.

Air Transport Services Group Company Profile

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.