Atlas Air Worldwide Holdings (NASDAQ:AAWW) had its price objective cut by FBR Capital Markets from $46.00 to $38.00 in a report released on Tuesday, AnalystRatings.NET reports. FBR Capital Markets currently has a market perform rating on the stock.
A number of other analysts have also recently weighed in on AAWW. Analysts at Cowen and Company cut their price target on shares of Atlas Air Worldwide Holdings from $55.00 to $49.00 in a research note to investors on Friday, November 1st. They now have an outperform rating on the stock. Separately, analysts at CJS Securities upgraded shares of Atlas Air Worldwide Holdings from a market underperform rating to a market perform rating in a research note to investors on Tuesday, October 15th. They now have a $60.00 price target on the stock. Finally, analysts at Imperial Capital raised their price target on shares of Atlas Air Worldwide Holdings from $40.00 to $45.00 in a research note to investors on Friday, September 27th. They now have an in-line rating on the stock. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and two have given a buy rating to the company. The company currently has a consensus rating of Hold and an average target price of $45.70.
Atlas Air Worldwide Holdings (NASDAQ:AAWW) traded up 0.05% on Tuesday, hitting $38.39. The stock had a trading volume of 525,972 shares. Atlas Air Worldwide Holdings has a 52-week low of $36.61 and a 52-week high of $50.98. The stock has a 50-day moving average of $44.88 and a 200-day moving average of $44.67. The company has a market cap of $969.0 million and a price-to-earnings ratio of 8.00.
Atlas Air Worldwide Holdings (NASDAQ:AAWW) last released its earnings data on Thursday, October 31st. The company reported $1.13 earnings per share for the quarter, missing the analysts’ consensus estimate of $1.34 by $0.21. The company had revenue of $405.39 million for the quarter, compared to the consensus estimate of $438.10 million. During the same quarter in the prior year, the company posted $1.26 earnings per share. The company’s quarterly revenue was down 1.0% on a year-over-year basis. Analysts expect that Atlas Air Worldwide Holdings will post $3.74 EPS for the current fiscal year.
Atlas Air Worldwide Holdings, Inc (NASDAQ:AAWW) is a holding company with a principal operating subsidiary, Atlas Air, Inc (Atlas).
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