What is Zacks Research’s Forecast for ATSG FY2025 Earnings?

Air Transport Services Group, Inc. (NASDAQ:ATSG) – Investment analysts at Zacks Research raised their FY2025 earnings per share estimates for shares of Air Transport Services Group in a report issued on Monday, March 24th. Zacks Research analyst R. Department now forecasts that the transportation company will post earnings per share of $1.13 for the year, up from their previous estimate of $1.12. The consensus estimate for Air Transport Services Group’s current full-year earnings is $0.83 per share.

Separately, StockNews.com started coverage on Air Transport Services Group in a research note on Friday, March 21st. They issued a “hold” rating on the stock. Four analysts have rated the stock with a hold rating and two have given a buy rating to the stock. According to MarketBeat, Air Transport Services Group has an average rating of “Hold” and a consensus target price of $20.60.

Air Transport Services Group Stock Performance

Shares of ATSG stock opened at $22.34 on Wednesday. The company has a debt-to-equity ratio of 1.06, a quick ratio of 0.68 and a current ratio of 0.81. The company has a market capitalization of $1.47 billion, a price-to-earnings ratio of -558.36 and a beta of 0.79. Air Transport Services Group has a 52-week low of $11.69 and a 52-week high of $22.38. The company has a 50-day simple moving average of $22.26 and a two-hundred day simple moving average of $20.35.

Air Transport Services Group (NASDAQ:ATSG) last announced its earnings results on Monday, March 3rd. The transportation company reported $0.40 EPS for the quarter, beating the consensus estimate 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 company had revenue of $1.96 billion during the quarter, compared to the consensus estimate of $521.36 million.

Institutional Trading of Air Transport Services Group

A number of large investors have recently added to or reduced their stakes in ATSG. CIBRA Capital Ltd purchased a new position in Air Transport Services Group in the fourth quarter valued at about $7,383,000. Polar Asset Management Partners Inc. purchased a new position in Air Transport Services Group in the fourth quarter valued at approximately $989,000. Pullen Investment Management LLC grew its holdings in Air Transport Services Group by 45.4% during the fourth quarter. Pullen Investment Management LLC now owns 31,205 shares of the transportation company’s stock valued at $686,000 after purchasing an additional 9,747 shares during the period. Public Employees Retirement System of Ohio increased its position in Air Transport Services Group by 2,912.1% in the fourth quarter. Public Employees Retirement System of Ohio now owns 94,159 shares of the transportation company’s stock worth $2,070,000 after buying an additional 91,033 shares during the last quarter. Finally, BCK Capital Management LP bought a new stake in shares of Air Transport Services Group in the fourth quarter valued at $692,000. Hedge funds and other institutional investors own 91.81% of the company’s stock.

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.