Zacks Research Has Positive Outlook of ATSG FY2025 Earnings

Air Transport Services Group, Inc. (NASDAQ:ATSG) – Stock analysts at Zacks Research lifted their FY2025 earnings per share (EPS) estimates for 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 of $1.13 per share for the year, up from their prior estimate of $1.12. The consensus estimate for Air Transport Services Group’s current full-year earnings is $0.83 per share.

Air Transport Services Group (NASDAQ:ATSG) last posted 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 positive return on equity of 3.12% and a negative net margin of 0.12%. The firm had revenue of $1.96 billion for the quarter, compared to analysts’ expectations of $521.36 million.

Separately, StockNews.com initiated coverage on shares of Air Transport Services Group in a research report on Friday, March 21st. They issued a “hold” rating for the company. Four analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. Based on data from MarketBeat.com, Air Transport Services Group has an average rating of “Hold” and a consensus price target of $20.60.

Air Transport Services Group Price Performance

Shares of ATSG opened at $22.34 on Wednesday. Air Transport Services Group has a one year low of $11.69 and a one year high of $22.38. The stock’s fifty day moving average is $22.26 and its 200-day moving average is $20.30. 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 firm has a market capitalization of $1.47 billion, a price-to-earnings ratio of -558.36 and a beta of 0.79.

Institutional Trading of Air Transport Services Group

Several institutional investors have recently modified their holdings of ATSG. Rhumbline Advisers raised its position in Air Transport Services Group by 0.8% in the fourth quarter. Rhumbline Advisers now owns 83,623 shares of the transportation company’s stock worth $1,838,000 after acquiring an additional 686 shares in the last quarter. Cetera Trust Company N.A raised its holdings in Air Transport Services Group by 6.6% during the 4th quarter. Cetera Trust Company N.A now owns 11,635 shares of the transportation company’s stock worth $256,000 after buying an additional 725 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in shares of Air Transport Services Group by 3.5% in the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 29,127 shares of the transportation company’s stock worth $640,000 after buying an additional 982 shares during the period. AlphaQuest LLC increased its position in shares of Air Transport Services Group by 89.8% in the fourth quarter. AlphaQuest LLC now owns 2,634 shares of the transportation company’s stock worth $58,000 after acquiring an additional 1,246 shares in the last quarter. Finally, Sterling Capital Management LLC raised its holdings in shares of Air Transport Services Group by 797.3% during the fourth quarter. Sterling Capital Management LLC now owns 1,642 shares of the transportation company’s stock valued at $36,000 after acquiring an additional 1,459 shares during the period. Institutional investors and hedge funds own 91.81% of the company’s stock.

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.