Air transport services – Golden Airlines http://golden-airlines.com/ Wed, 17 Aug 2022 15:54:06 +0000 en-US hourly 1 https://wordpress.org/?v=5.9.3 https://golden-airlines.com/wp-content/uploads/2021/11/golden.png Air transport services – Golden Airlines http://golden-airlines.com/ 32 32 Commonwealth Equity Services LLC holds an $870,000 equity position in Air Transport Services Group, Inc. (NASDAQ:ATSG) https://golden-airlines.com/commonwealth-equity-services-llc-holds-an-870000-equity-position-in-air-transport-services-group-inc-nasdaqatsg/ Wed, 17 Aug 2022 08:47:12 +0000 https://golden-airlines.com/commonwealth-equity-services-llc-holds-an-870000-equity-position-in-air-transport-services-group-inc-nasdaqatsg/ Commonwealth Equity Services LLC increased its stake in Air Transport Services Group, Inc. (NASDAQ:ATSG – Get Rating) by 6.7% during the first quarter, according to the company in its latest filing with the Securities & Exchange Commission. The company held 26,012 shares of the transportation company after purchasing an additional 1,633 shares during the quarter. […]]]>

Commonwealth Equity Services LLC increased its stake in Air Transport Services Group, Inc. (NASDAQ:ATSG – Get Rating) by 6.7% during the first quarter, according to the company in its latest filing with the Securities & Exchange Commission. The company held 26,012 shares of the transportation company after purchasing an additional 1,633 shares during the quarter. Commonwealth Equity Services LLC’s holdings in Air Transport Services Group were worth $870,000 at the end of the most recent reporting period.

A number of other big investors have also recently changed their positions in the stock. Versor Investments LP increased its stake in shares of Air Transport Services Group by 165.8% in the 1st quarter. Versor Investments LP now owns 23,965 shares of the transportation company valued at $802,000 after purchasing an additional 14,949 shares during the period. EFG Asset Management North America Corp. acquired a new position in shares of Air Transport Services Group in Q1 worth $796,000. Truist Financial Corp increased its stake in shares of Air Transport Services Group by 187.3% in the 1st quarter. Truist Financial Corp now owns 20,620 shares of the transportation company valued at $689,000 after purchasing an additional 13,443 shares during the period. Virginia Retirement Systems ET AL increased its stake in Air Transport Services Group by 25.3% during the 1st quarter. Virginia Retirement Systems ET AL now owns 10,400 shares of the transportation company worth $348,000 after purchasing an additional 2,100 shares during the period. Finally, Bernzott Capital Advisors increased its stake in Air Transport Services Group by 0.4% during the 1st quarter. Bernzott Capital Advisors now owns 1,264,067 shares of the transportation company worth $42,283,000 after purchasing an additional 5,406 shares during the period. Institutional investors and hedge funds hold 93.34% of the company’s shares.

A Wall Street analyst gives his opinion

Several analysts have recently commented on the company. Cowen raised its price target on Air Transport Services Group from $31.00 to $40.00 in a Monday, May 9 research note. StockNews.com downgraded Air Transport Services Group from a “buy” rating to a “hold” rating in a Saturday, June 18 research rating. Finally, Cowen raised its price target on Air Transport Services Group from $31.00 to $40.00 in a Monday, May 9 research note.

Airline Services Group Price Performance

Shares of NASDAQ ATSG opened at $32.15 on Wednesday. The stock has a market capitalization of $2.39 billion, a price-earnings ratio of 12.37 and a beta of 0.56. The company has a 50-day moving average of $29.93 and a 200-day moving average of $30.24. The company has a debt ratio of 0.96, a current ratio of 1.19 and a quick ratio of 1.02. Air Transport Services Group, Inc. has a fifty-two week minimum of $23.68 and a fifty-two week maximum of $34.54.

Air Transport Services Group (NASDAQ:ATSG – Get Rating) last reported quarterly earnings data on Thursday, August 4. The transportation company reported earnings per share of $0.59 for the quarter, beating the consensus estimate of $0.50 by $0.09. The company posted revenue of $510.00 million in the quarter, compared to $505.54 million expected by analysts. Air Transport Services Group achieved a return on equity of 14.39% and a net margin of 11.01%. Airline Services Group revenue for the quarter increased 24.4% compared to the same quarter last year. In the same quarter last year, the company achieved EPS of $0.35. As a group, sell-side analysts expect Air Transport Services Group, Inc. to post earnings per share of 2.12 for the current fiscal year.

Airline Services Group Company Profile

(Get an assessment)

Air Transport Services Group, Inc, together with its subsidiaries, provides aircraft leasing and air cargo transportation and related services in the United States and abroad. The Company offers aircraft, flight crew, aircraft maintenance, aircraft hull and liability and aviation fuel insurance; and aircraft maintenance and modification services, including airframe modification and heavy maintenance, component repairs, engineering services and aircraft line maintenance.

See also

Want to see which other hedge funds hold ATSG? Visit HoldingsChannel.com for the latest 13F filings and insider trading for Air Transport Services Group, Inc. (NASDAQ:ATSG – Get Rating).

Institutional ownership by quarter for Air Transport Services Group (NASDAQ:ATSG)



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Victory Capital Management Inc. holds $1.15 million stake in Air Transport Services Group, Inc. (NASDAQ:ATSG) https://golden-airlines.com/victory-capital-management-inc-holds-1-15-million-stake-in-air-transport-services-group-inc-nasdaqatsg/ Mon, 15 Aug 2022 09:00:00 +0000 https://golden-airlines.com/victory-capital-management-inc-holds-1-15-million-stake-in-air-transport-services-group-inc-nasdaqatsg/ Victory Capital Management Inc. increased its holdings of shares of Air Transport Services Group, Inc. (NASDAQ:ATSG – Get Rating) by 67.6% in the first quarter, the company says in its latest Form 13F filing with the Securities & Exchange Commission. The fund held 36,818 shares of the transportation company after buying an additional 14,854 shares […]]]>

Victory Capital Management Inc. increased its holdings of shares of Air Transport Services Group, Inc. (NASDAQ:ATSG – Get Rating) by 67.6% in the first quarter, the company says in its latest Form 13F filing with the Securities & Exchange Commission. The fund held 36,818 shares of the transportation company after buying an additional 14,854 shares during the quarter. Victory Capital Management Inc.’s holdings in Air Transport Services Group were worth $1,152,000 when it last filed with the SEC.

A number of other large investors have also recently changed their holdings in ATSG. Dimensional Fund Advisors LP increased its stake in shares of Air Transport Services Group by 2.4% in the fourth quarter. Dimensional Fund Advisors LP now owns 2,553,187 shares of the transportation company valued at $75,010,000 after buying an additional 59,975 shares in the last quarter. Bernzott Capital Advisors increased its stake in shares of Air Transport Services Group by 0.4% in the first quarter. Bernzott Capital Advisors now owns 1,264,067 shares of the transportation company valued at $42,283,000 after buying an additional 5,406 shares last quarter. Geode Capital Management LLC increased its stake in shares of Air Transport Services Group by 7.3% in the fourth quarter. Geode Capital Management LLC now owns 1,085,895 shares of the transportation company valued at $31,903,000 after purchasing an additional 74,206 shares last quarter. Bank of America Corp DE increased its stake in shares of Air Transport Services Group by 7.7% in the fourth quarter. Bank of America Corp DE now owns 960,425 shares of the transportation company valued at $28,216,000 after buying an additional 69,048 shares last quarter. Finally, Private Capital Management LLC increased its stake in shares of Air Transport Services Group by 5.3% in the fourth quarter. Private Capital Management LLC now owns 803,160 shares of the transportation company valued at $23,597,000 after buying 40,253 additional shares last quarter. 93.34% of the shares are currently held by institutional investors and hedge funds.

Airline Services Group Price Performance

Shares of ATSG opened at $32.07 on Monday. The stock’s fifty-day moving average is $29.93 and its 200-day moving average is $30.18. The company has a debt ratio of 0.96, a quick ratio of 0.89 and a current ratio of 1.19. The stock has a market capitalization of $2.38 billion, a PE ratio of 12.33 and a beta of 0.56. Air Transport Services Group, Inc. has a 52-week low of $23.68 and a 52-week high of $34.54.

Air Transport Services Group (NASDAQ:ATSG – Get Rating) last announced its results on Thursday, August 4. The transportation company reported EPS of $0.59 for the quarter, beating the consensus estimate of $0.50 by $0.09. The company posted revenue of $510.00 million for the quarter, compared to analysts’ expectations of $505.54 million. Air Transport Services Group achieved a return on equity of 14.39% and a net margin of 11.01%. The company’s revenue for the quarter increased 24.4% year over year. In the same quarter a year earlier, the company earned $0.35 per share. Equity research analysts expect Air Transport Services Group, Inc. to post EPS of 2.12 for the current fiscal year.

Analyst upgrades and downgrades

ATSG has been the subject of a number of recent research reports. StockNews.com downgraded Air Transport Services Group from a “buy” rating to a “hold” rating in a Saturday, June 18 research rating. Cowen raised its price target on Air Transport Services Group from $31.00 to $40.00 in a Monday, May 9 research report. Finally, Cowen raised its price target on Air Transport Services Group from $31.00 to $40.00 in a Monday, May 9 research report.

Airline Services Group Company Profile

(Get an assessment)

Air Transport Services Group, Inc, together with its subsidiaries, provides aircraft leasing and air cargo transportation and related services in the United States and abroad. The Company offers aircraft, flight crew, aircraft maintenance, 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.

Further reading

Institutional ownership by quarter for Air Transport Services Group (NASDAQ:ATSG)



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If You Invested $1,000 In Airline Services Ten Years Ago, Here’s How Much It Would Be Worth Now https://golden-airlines.com/if-you-invested-1000-in-airline-services-ten-years-ago-heres-how-much-it-would-be-worth-now/ Wed, 10 Aug 2022 12:30:12 +0000 https://golden-airlines.com/if-you-invested-1000-in-airline-services-ten-years-ago-heres-how-much-it-would-be-worth-now/ For most investors, the movement of a stock’s price over time is important. This factor can impact your investment portfolio and help you compare investment results across sectors and industries. Another thing that can drive investing is fear of missing out, or FOMO. This especially applies to tech giants and popular consumer stocks. What if […]]]>

For most investors, the movement of a stock’s price over time is important. This factor can impact your investment portfolio and help you compare investment results across sectors and industries.

Another thing that can drive investing is fear of missing out, or FOMO. This especially applies to tech giants and popular consumer stocks.

What if you had invested in air transport services (ATSG) ten years ago? It may not have been easy to hold on to the ATSG all this time, but if it was, how much would your investment be worth today?

In-depth activity of air transport services

With that in mind, let’s take a look at the key business drivers of Air Transport Services.

Air Transport Services Group is one of the world’s leading providers of aircraft leasing, air cargo transportation and related services. Additionally, this Wilmington, OH-based company is the largest cargo aircraft lessor in the world and operates through numerous subsidiaries.

Additionally, it owns and operates the following airline subsidiaries, namely ABX Air Inc., Air Transport International Inc. and Omni Air International, LLC. Additionally, Air Transport Services Group’s in-service fleet size at the end of 2021 was 117, of which 107 were owned. The remaining jets were leased to external companies.

Additionally, the company, founded in 1980, is the largest provider of passenger charter services to the United States Department of Defense (DoD) and other government agencies. The DoD accounted for 26% of company revenue in 2021.

Besides the Department of Defense, the company’s main customers are Amazon.com, DHL and United Parcel Service. UPS is Air Transport Services Group’s newest 767 freighter lease customer.

The company also offers a wide range of air transport-related services to its customers, including aircraft maintenance and modification, ground handling and crew training.

The Air Transport Services Group mainly operates through the following reporting segments, namely cargo aircraft management or CAM and ACMI (aircraft, crew, maintenance and insurance) services.

The CAM segment (which accounted for 19.2% of 2021 revenue) is responsible for the company’s aircraft leasing operations. As of December 31, 2021, CAM had 85 jets on lease with external customers.

The ACMI Services segment (accounting for 61.4% of 2021 revenue) is responsible for the operations of the aforementioned airline subsidiaries of the company. These airlines provide air transport operations to customers. As of December 31, 2021, ABX, Air Transport International and Omni Air International have leased 22 in-service jets internally from CAM for use in ACMI services.

The rest of the turnover was represented by other activities in 2021, ravaged by the coronavirus. The fiscal year of the company coincides with the calendar year.

Conclusion

While anyone can invest, building a lucrative investment portfolio takes research, patience, and a bit of risk. If you invested in airline services ten years ago, you’re probably feeling pretty good about your investment today.

A $1,000 investment made in August 2012 would be worth $6,827.81, a gain of 582.78%, as of August 10, 2022, according to our calculations. This return excludes dividends but includes price appreciation.

The S&P 500 rose 193.87% and the price of gold rose 6.37% over the same period in comparison.

Analysts also expect more upside for the ATSG.

The rise in e-commerce demand in these coronavirus-ravaged times is a tailwind for Air Transport Services Group. Driven by increased demand for mid-size freighters, the company released a bullish outlook for 2022 Adjusted EBITDA. The company expects the metric to be $640 million, or nearly $100 million above 2021 levels. In addition, the performance of the Cargo Aircraft Management (CAM) unit (revenue up 24.8% year-on-year in the first half of 2022) is encouraging. The positivity surrounding the stock is evident from the northward movement of the Zacks consensus estimate for current-year earnings over the past 60 days. However, the increase in fuel expenses (up 99% in the June quarter) is limiting the growth in net income. High capital expenditure due to large investments in the purchase of aircraft can also be troublesome. The ATSG has increased its investment forecast for 2022.

Shares have gained 12.23% in the past four weeks and there have been 2 higher earnings estimate revisions for fiscal 2022 compared to none lower. The consensus estimate also increased.
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Air Transport Services Group, Inc (ATSG): Free Inventory Analysis Report

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Wall Street Analysts Think Airline Services (ATSG) Could Gain 27%: Here’s How to Trade https://golden-airlines.com/wall-street-analysts-think-airline-services-atsg-could-gain-27-heres-how-to-trade/ Tue, 09 Aug 2022 13:55:22 +0000 https://golden-airlines.com/wall-street-analysts-think-airline-services-atsg-could-gain-27-heres-how-to-trade/ Shares of Air transport services (ATSG) have gained 11% over the past four weeks to close the last trading session at $30.79, but there could still be a solid upside for the stock if analysts’ short-term price targets of Wall Street are an indication of this. Based on price targets, the average estimate of $39 […]]]>

Shares of Air transport services (ATSG) have gained 11% over the past four weeks to close the last trading session at $30.79, but there could still be a solid upside for the stock if analysts’ short-term price targets of Wall Street are an indication of this. Based on price targets, the average estimate of $39 indicates 26.7% upside potential.

The average estimate includes three short-term price targets with a standard deviation of $1.73. While the lower estimate of $37 points to a 20.2% increase from the current price level, the most optimistic analyst expects the stock to jump 29.9% to reach $40. It is very important to note the standard deviation here, as it helps to understand the variability of the estimates. The smaller the standard deviation, the greater the agreement between analysts.

While the consensus price target is highly sought after by investors, the ability and fairness of analysts to set price targets has long been questionable. And investors making investment decisions solely based on this tool would undoubtedly be doing themselves a disservice.

But, for ATSG, an impressive average price target is not the only indicator of upside potential. A strong consensus among analysts on the company’s ability to report better earnings than they had predicted earlier reinforces this view. Although a positive trend in earnings estimate revisions is not a gauge of how much a stock might gain, it has proven powerful in predicting upside.

Here’s what you need to know about analyst price targets

According to researchers from several universities around the world, a price target is one of many pieces of information about a stock that misleads investors far more often than it guides them. In fact, empirical research shows that the price targets set by many analysts, regardless of the degree of agreement, rarely indicate where a stock’s price might actually be headed.

While Wall Street analysts have a deep understanding of a company’s fundamentals and how sensitive its business is to economic and industry issues, many of them tend to set price targets that are overly optimistic. You wonder why ?

They typically do this to generate interest in the stocks of companies with which their companies have existing business relationships or with which they are seeking to associate. In other words, trading incentives from companies covering a stock often result in inflated price targets set by analysts.

However, a tight grouping of price targets, which is represented by a low standard deviation, indicates that analysts have a high degree of agreement on the direction and magnitude of a stock’s price movement. Although this does not necessarily mean that the stock will reach the average price target, it could be a good starting point for further research aimed at identifying potential fundamental driving forces.

That said, while investors shouldn’t ignore price targets entirely, making an investment decision based solely on them could result in a disappointing return on investment. Thus, price targets should always be treated with a high degree of skepticism.

Here’s why there could be a lot of benefits in the ATSG

There has been growing optimism among analysts lately about the company’s earnings outlook, as indicated by the strong agreement among them to revise EPS estimates upwards. And that could be a legitimate reason to expect the stock to rise. After all, empirical research shows a strong correlation between trends in earnings estimate revisions and short-term stock price movements.

Over the past 30 days, the Zacks consensus estimate for the current year has risen 1.6% as an estimate has risen relative to no negative revision.

Additionally, ATSG currently has a Zacks #2 (buy) rating, meaning it is in the top 20% of over 4,000 stocks we rank based on four factors related to earnings estimates. Given an impressive externally audited track record, this is a more conclusive indication of the stock’s upside potential in the near term. You can see the full list of today’s Zacks Rank #1 (Strong Buy) stocks here >>>>

Therefore, while the consensus price target may not be a reliable indicator of what the ATSG might gain, the direction of price movement it implies seems to be a good guide.

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Air Transport Services Group, Inc (ATSG): Free Inventory Analysis Report

To read this article on Zacks.com, click here.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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Here’s how to trade https://golden-airlines.com/heres-how-to-trade/ Tue, 09 Aug 2022 13:55:01 +0000 https://golden-airlines.com/heres-how-to-trade/ Shares of Air transport services (ATSG) have gained 11% over the past four weeks to close the last trading session at $30.79, but there could still be a solid upside for the stock if analysts’ short-term price targets of Wall Street are an indication of this. According to the price targets, the average estimate of […]]]>

Shares of Air transport services (ATSG) have gained 11% over the past four weeks to close the last trading session at $30.79, but there could still be a solid upside for the stock if analysts’ short-term price targets of Wall Street are an indication of this. According to the price targets, the average estimate of $39 indicates an upside potential of 26.7%.

The average estimate includes three short-term price targets with a standard deviation of $1.73. While the lower estimate of $37 points to a 20.2% increase from the current price level, the most optimistic analyst expects the stock to jump 29.9% to reach $40. It is very important to note the standard deviation here, as it helps to understand the variability of the estimates. The smaller the standard deviation, the greater the agreement between analysts.

While the consensus price target is highly sought after by investors, the ability and fairness of analysts to set price targets has long been questionable. And investors making investment decisions solely based on this tool would undoubtedly be doing themselves a disservice.

But, for ATSG, an impressive average price target is not the only indicator of upside potential. A strong consensus among analysts on the company’s ability to report better earnings than they had predicted earlier reinforces this view. Although a positive trend in earnings estimate revisions does not gauge how much a stock might gain, it has proven powerful in predicting upside.

Here’s what you need to know about analyst price targets

According to researchers at several universities around the world, a price target is one of many pieces of information about a stock that misleads investors far more often than it guides them. In fact, empirical research shows that the price targets set by many analysts, regardless of the degree of agreement, rarely indicate where a stock’s price might actually be headed.

While Wall Street analysts have a deep understanding of a company’s fundamentals and how sensitive its business is to economic and industry issues, many of them tend to set price targets that are overly optimistic. You wonder why ?

They typically do this to generate interest in the stocks of companies that their companies have existing business relationships with or are seeking to partner with. In other words, trading incentives from companies covering a stock often result in inflated price targets set by analysts.

However, a tight grouping of price targets, which is represented by a low standard deviation, indicates that analysts have a high degree of agreement on the direction and magnitude of a stock’s price movement. Although this does not necessarily mean that the stock will reach the average price target, it could be a good starting point for further research aimed at identifying potential fundamental driving forces.

That said, while investors shouldn’t ignore price targets entirely, making an investment decision based solely on them could result in a disappointing return on investment. Thus, price targets should always be treated with a high degree of skepticism.

Here’s why there could be a lot of benefits in the ATSG

There has been growing optimism among analysts lately about the company’s earnings outlook, as indicated by the strong agreement among them to revise EPS estimates upwards. And that could be a legitimate reason to expect the stock to rise. After all, empirical research shows a strong correlation between trends in earnings estimate revisions and short-term stock price movements.

Over the past 30 days, the Zacks consensus estimate for the current year has risen 1.6% as an estimate has risen relative to no negative revision.

Additionally, ATSG currently has a Zacks #2 (buy) rating, meaning it is in the top 20% of over 4,000 stocks we rank based on four factors related to earnings estimates. Given an impressive externally audited track record, this is a more conclusive indication of the stock’s upside potential in the near term. You can see the full list of today’s Zacks Rank #1 (Strong Buy) stocks here >>>>

Therefore, while the consensus price target may not be a reliable indicator of what the ATSG might gain, the direction of price movement it implies seems to be a good guide.

Want the latest recommendations from Zacks Investment Research? Today you can download 7 best stocks for the next 30 days. Click to get this free report

Air Transport Services Group, Inc (ATSG): Free Inventory Analysis Report

To read this article on Zacks.com, click here.

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Does Air Transport Services Group, Inc.’s (NASDAQ:ATSG) latest stock performance reflect its financial health? https://golden-airlines.com/does-air-transport-services-group-inc-s-nasdaqatsg-latest-stock-performance-reflect-its-financial-health/ Tue, 09 Aug 2022 10:29:38 +0000 https://golden-airlines.com/does-air-transport-services-group-inc-s-nasdaqatsg-latest-stock-performance-reflect-its-financial-health/ Most readers will already know that shares of Air Transport Services Group (NASDAQ:ATSG) have risen a significant 9.5% over the past month. Since the market usually pays for a company’s long-term fundamentals, we decided to study the company’s key performance indicators to see if they could influence the market. In this article, we have decided […]]]>

Most readers will already know that shares of Air Transport Services Group (NASDAQ:ATSG) have risen a significant 9.5% over the past month. Since the market usually pays for a company’s long-term fundamentals, we decided to study the company’s key performance indicators to see if they could influence the market. In this article, we have decided to focus on the ROE of Air Transport Services Group.

Return on equity or ROE is an important factor for a shareholder to consider as it tells them how much of their capital is being reinvested. In short, ROE shows the profit that each dollar generates in relation to the investments of its shareholders.

Check out our latest analysis for Air Transport Services Group

How to calculate return on equity?

The return on equity formula is:

Return on equity = Net income (from continuing operations) ÷ Equity

So, based on the above formula, the ROE for Air Transport Services Group is:

15% = $211 million ÷ $1.4 billion (based on trailing 12 months to June 2022).

“Yield” is the income the business has earned over the past year. Another way to think about this is that for every dollar of equity, the company was able to make a profit of $0.15.

Why is ROE important for earnings growth?

So far we have learned that ROE is a measure of a company’s profitability. Depending on how much of its profits the company chooses to reinvest or “keep”, we are then able to assess a company’s future ability to generate profits. Generally speaking, all things being equal, companies with high return on equity and earnings retention have a higher growth rate than companies that do not share these attributes.

15% profit growth and ROE of the Airline Services group

At first glance, Air Transport Services Group appears to have a decent ROE. Regardless, the company’s ROE is still well below the industry average of 24%. That said, the significant growth in net profit of 35% over five years recorded by Air Transport Services Group is a pleasant surprise. We believe there could be other aspects that positively influence the company’s earnings growth. For example, it is possible that the management of the company has made good strategic decisions or that the company has a low payout ratio. However, it’s worth remembering that the company has a decent ROE to start with, just that it’s below the industry average. So that also gives some color to the strong earnings growth the company is seeing.

Then, comparing with the net income growth of the sector, we found that the growth of the airline group is quite high compared to the average growth of the sector of 18% over the same period, which is great to see.

NasdaqGS: ATSG Past Earnings Growth August 9, 2022

Earnings growth is an important metric to consider when evaluating a stock. The investor should try to establish whether the expected growth or decline in earnings, as the case may be, is taken into account. By doing so, he will get an idea if the title is heading for clear blue waters or if swampy waters await. If you’re wondering about the valuation of Air Transport Services Group, check out this indicator of its price/earnings ratio, relative to its sector.

Is Air Transport Services Group using its profits efficiently?

Air Transport Services Group currently pays no dividends, which essentially means that it has reinvested all of its profits back into the business. This certainly contributes to the high earnings growth number we discussed above.

Summary

Overall, we are quite satisfied with the performance of Air Transport Services Group. Specifically, we like that he reinvested a large portion of his profits at a moderate rate of return, which resulted in increased profits. That said, the latest forecasts from industry analysts show that the company’s earnings growth is expected to slow. Are these analyst expectations based on general industry expectations or company fundamentals? Click here to access our analyst forecast page for the company.

This Simply Wall St article is general in nature. We provide commentary based on historical data and analyst forecasts only using unbiased methodology and our articles are not intended to be financial advice. It is not a recommendation to buy or sell stocks and does not take into account your objectives or financial situation. Our goal is to bring you targeted long-term analysis based on fundamental data. Note that our analysis may not take into account the latest announcements from price-sensitive companies or qualitative materials. Simply Wall St has no position in the stocks mentioned.

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Bullish insiders bet $1.1 million on Air Transport Services Group, Inc. (NASDAQ:ATSG) https://golden-airlines.com/bullish-insiders-bet-1-1-million-on-air-transport-services-group-inc-nasdaqatsg/ Mon, 08 Aug 2022 12:49:07 +0000 https://golden-airlines.com/bullish-insiders-bet-1-1-million-on-air-transport-services-group-inc-nasdaqatsg/ A number of insiders have significantly increased their holdings in Airline Services Group, Inc. (NASDAQ:ATSG) over the past 12 months. An insider’s optimism about the company’s prospects is a positive sign. While we don’t believe shareholders should simply follow insider trades, logic dictates that you pay attention to whether insiders are buying or selling shares. […]]]>

A number of insiders have significantly increased their holdings in Airline Services Group, Inc. (NASDAQ:ATSG) over the past 12 months. An insider’s optimism about the company’s prospects is a positive sign.

While we don’t believe shareholders should simply follow insider trades, logic dictates that you pay attention to whether insiders are buying or selling shares.

Check out our latest analysis for Air Transport Services Group

The last 12 months of insider trading at Air Transport Services Group

Insider David Soaper made the biggest insider buy in the last 12 months. This single transaction was for US$998,000 of shares at a price of US$24.97 each. Even though the purchase was made at a significantly lower price than the recent price (US$31.40), we still believe that insider buying is a positive. While this suggests that insiders consider the stock to be undervalued at lower prices, this trade tells us little about what they think of current prices.

Over the past year, we can see that insiders bought 44.98k shares worth $1.1 million. But they sold 17.79,000 shares for $550,000. Over the past twelve months, there have been more buys than sells by Air Transport Services Group insiders. You can see a visual representation of insider trading (by companies and individuals) over the past 12 months, below. By clicking on the graph below, you will be able to see the precise detail of each insider trade!

volume-of-insider-trading

There are always plenty of stocks that insiders are buying. So if it suits your style you can check each stock one by one or you can take a look at this free list of companies. (Hint: insiders bought them).

Air Transport Services Group insiders recently sold shares

We have seen more insider selling than insider buying at Air Transport Services Group recently. In total, VP of Human Capital Deborah Loveless sold US$120,000 worth of stock at that time. On the other hand, we note that insiders bought US$60,000 worth of stock. Since the sell really outweighs the buy, we’d say these trades may suggest that some insiders believe the stock isn’t cheap.

Does the airline services group boast of high insider ownership?

I like to look at how many shares insiders own in a company, to help me get a sense of how aligned they are with insiders. We generally like to see fairly high levels of insider ownership. It appears that Air Transport Services Group insiders own 2.4% of the company, worth around $55 million. While this is a high but not exceptional level of insider ownership, it suffices to indicate some alignment between management and small shareholders.

So what does this data suggest about Air Transport Services Group insiders?

Unfortunately, there have been more insider sales of Air Transport Services Group shares than purchases in the past three months. On the other hand, they appear more vivid if you look at the last twelve months. It’s good to see that insiders are shareholders. So we’re not too bothered by recent sales. So, while it is useful to know what insiders are doing in terms of buying or selling, it is also useful to know the risks that a particular company faces. Example: we have identified 2 warning signs for Air Transport Services Group you should be aware.

But note: Air Transport Services Group may not be the best stock to buy. So take a look at this free list of interesting companies with high ROE and low debt.

For the purposes of this article, insiders are persons who report their transactions to the relevant regulatory body. We currently record open market transactions and private dispositions, but not derivative transactions.

Feedback on this article? Concerned about content? Get in touch with us directly. You can also email the editorial team (at) Simplywallst.com.

This Simply Wall St article is general in nature. We provide commentary based on historical data and analyst forecasts only using unbiased methodology and our articles are not intended to be financial advice. It is not a recommendation to buy or sell stocks and does not take into account your objectives or financial situation. Our goal is to bring you targeted long-term analysis based on fundamental data. Note that our analysis may not take into account the latest announcements from price-sensitive companies or qualitative materials. Simply Wall St has no position in the stocks mentioned.

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IndexIQ Advisors LLC makes new $404,000 investment in Air Transport Services Group, Inc. (NASDAQ:ATSG) https://golden-airlines.com/indexiq-advisors-llc-makes-new-404000-investment-in-air-transport-services-group-inc-nasdaqatsg/ Mon, 08 Aug 2022 10:43:20 +0000 https://golden-airlines.com/indexiq-advisors-llc-makes-new-404000-investment-in-air-transport-services-group-inc-nasdaqatsg/ IndexIQ Advisors LLC bought a new position in Air Transport Services Group, Inc. (NASDAQ:ATSG – Get Rating) during Q1, according to its latest filing with the Securities & Exchange Commission. The company bought 12,072 shares of the transportation company, valued at around $404,000. Other hedge funds have also recently been buying and selling shares of […]]]>

IndexIQ Advisors LLC bought a new position in Air Transport Services Group, Inc. (NASDAQ:ATSG – Get Rating) during Q1, according to its latest filing with the Securities & Exchange Commission. The company bought 12,072 shares of the transportation company, valued at around $404,000.

Other hedge funds have also recently been buying and selling shares of the company. Rinkey Investments acquired a new stake in Air Transport Services Group in the fourth quarter worth $42,000. Allspring Global Investments Holdings LLC acquired a new stake in Air Transport Services Group in the fourth quarter valued at $140,000. Aldebaran Financial Inc. acquired a new stake in Air Transport Services Group in the fourth quarter valued at $207,000. Harbor Advisors LLC acquired a new stake in Air Transport Services Group in the fourth quarter valued at $212,000. Finally, Virginia Retirement Systems ET AL acquired a new stake in Air Transport Services Group in the fourth quarter valued at $244,000. 93.34% of the shares are currently held by institutional investors and hedge funds.

Changes to analyst ratings

A number of equity research analysts have recently commented on the stock. StockNews.com downgraded shares of Air Transport Services Group from a “buy” rating to a “hold” rating in a Saturday, June 18 report. Cowen raised its price target on shares of Air Transport Services Group from $31.00 to $40.00 in a Monday, May 9 report. Finally, Cowen raised its price target on shares of Air Transport Services Group from $31.00 to $40.00 in a Monday, May 9 research report.

Airline Services Group shares down 4.8%

Shares of Air Transport Services Group opened at $31.40 on Monday. The company has a market capitalization of $2.34 billion, a P/E ratio of 12.08 and a beta of 0.56. Air Transport Services Group, Inc. has a 1-year minimum of $23.68 and a 1-year maximum of $34.54. The company has a fifty-day simple moving average of $29.87 and a 200-day simple moving average of $30.00. The company has a current ratio of 1.04, a quick ratio of 0.89 and a debt ratio of 0.94.

Air Transport Services Group (NASDAQ:ATSG – Get Rating) last released its results on Thursday, August 4. The transportation company reported earnings per share of $0.59 for the quarter, beating consensus analyst estimates of $0.50 by $0.09. The company had revenue of $510.00 million in the quarter, versus a consensus estimate of $505.54 million. Air Transport Services Group posted a net margin of 11.01% and a return on equity of 14.74%. The company’s revenue for the quarter increased by 24.4% compared to the same quarter last year. In the same quarter last year, the company earned $0.35 per share. Research analysts expect Air Transport Services Group, Inc. to post earnings per share of 2.04 for the current fiscal year.

Airline Services Group Company Profile

(Get an evaluation)

Air Transport Services Group, Inc, together with its subsidiaries, provides aircraft leasing and air cargo transportation and related services in the United States and abroad. The Company offers aircraft, flight crew, aircraft maintenance, aircraft hull and liability and aviation fuel insurance; and aircraft maintenance and modification services, including airframe modification and heavy maintenance, component repairs, engineering services and aircraft line maintenance.

Further reading

Institutional ownership by quarter for Air Transport Services Group (NASDAQ:ATSG)



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Air Transport Services Group (NASDAQ:ATSG) Announces Quarterly Results https://golden-airlines.com/air-transport-services-group-nasdaqatsg-announces-quarterly-results/ Sat, 06 Aug 2022 21:34:48 +0000 https://golden-airlines.com/air-transport-services-group-nasdaqatsg-announces-quarterly-results/ Air Transport Services Group (NASDAQ:ATSG – Get Rating) released its results on Thursday. The transportation company reported earnings per share (EPS) of $0.59 for the quarter, beating the consensus estimate of $0.50 by $0.09, Briefing.com reports. The company posted revenue of $510.00 million for the quarter, compared to $505.54 million expected by analysts. Air Transport […]]]>

Air Transport Services Group (NASDAQ:ATSG – Get Rating) released its results on Thursday. The transportation company reported earnings per share (EPS) of $0.59 for the quarter, beating the consensus estimate of $0.50 by $0.09, Briefing.com reports. The company posted revenue of $510.00 million for the quarter, compared to $505.54 million expected by analysts. Air Transport Services Group achieved a net margin of 12.96% and a return on equity of 13.30%. The company’s revenue for the quarter increased 24.4% compared to the same quarter last year. In the same quarter of the previous year, the company had achieved EPS of $0.35.

Performance of shares in the Air transport services group

NASDAQ:ATSG shares traded down $1.60 during Friday’s trading, hitting $31.40. The company’s shares had a trading volume of 467,361 shares, compared to an average volume of 436,204. The company has a 50-day moving average of $29.87 and a 200-day moving average of $29.91. Air Transport Services Group has a 12-month low of $23.68 and a 12-month high of $34.54. The company has a debt ratio of 0.94, a current ratio of 1.04 and a quick ratio of 0.89. The company has a market capitalization of $2.34 billion, a price-earnings ratio of 11.68 and a beta of 0.56.

Changes to analyst ratings

The ATSG has been the subject of several reports by research analysts. StockNews.com upgraded shares of Air Transport Services Group from a “buy” rating to a “hold” rating in a Saturday, June 18 research note. Cowen raised his price target on shares of Air Transport Services Group from $31.00 to $40.00 in a Monday, May 9 research note. Finally, Cowen raised his price target on shares of Air Transport Services Group from $31.00 to $40.00 in a Monday, May 9 research note.

Hedge funds weigh on airline services group

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Several institutional investors have recently changed their positions in the company. Raymond James Trust NA bought a new position in shares of Air Transport Services Group in Q1 for a value of approximately $216,000. Quantamental Technologies LLC acquired a new stake in Air Transport Services Group in Q1 for a value of approximately $233,000. Bank of New York Mellon Corp increased its stake in Air Transport Services Group by 3.0% in the first quarter. Bank of New York Mellon Corp now owns 331,441 shares of the transportation company worth $11,087,000 after acquiring 9,681 additional shares last quarter. PNC Financial Services Group Inc. increased its stake in Air Transport Services Group by 714.0% in the 1st quarter. PNC Financial Services Group Inc. now owns 11,706 shares of the transportation company worth $391,000 after acquiring 10,268 additional shares last quarter. Finally, MetLife Investment Management LLC increased its stake in Air Transport Services Group by 56.5% in the 1st quarter. MetLife Investment Management LLC now owns 32,199 shares of the transportation company worth $1,077,000 after acquiring 11,631 additional shares last quarter. Institutional investors hold 93.34% of the company’s shares.

Airline Services Group Company Profile

(Get a rating)

Air Transport Services Group, Inc, together with its subsidiaries, provides aircraft leasing and air cargo transportation and related services in the United States and abroad. The Company offers aircraft, flight crew, aircraft maintenance, aircraft hull and liability and aviation fuel insurance; and aircraft maintenance and modification services, including airframe modification and heavy maintenance, component repairs, engineering services and aircraft line maintenance.

Recommended Stories

Earnings History for Air Transport Services Group (NASDAQ:ATSG)

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Recap: Airline Services Second Quarter Results https://golden-airlines.com/recap-airline-services-second-quarter-results/ Thu, 04 Aug 2022 22:00:38 +0000 https://golden-airlines.com/recap-airline-services-second-quarter-results/ Air Transport Services Group ATSG announced its second quarter results on Thursday, August 4, 2022 at 4:15 p.m. Here’s what investors need to know about the announcement. Earnings Air Transport Services Gr beat estimated earnings by 18.0%, recording EPS of $0.59 versus an estimate of $0.5. Revenue increased by $99.80 million compared to the same […]]]>

Air Transport Services Group ATSG announced its second quarter results on Thursday, August 4, 2022 at 4:15 p.m.

Here’s what investors need to know about the announcement.

Earnings

Air Transport Services Gr beat estimated earnings by 18.0%, recording EPS of $0.59 versus an estimate of $0.5.

Revenue increased by $99.80 million compared to the same period last year.

Past Earnings Performance

Last quarter, the company beat EPS by $0.16, followed by a 2.29% decline in share price the next day.

Here is an overview of the past performance of Air Transport Services Gr:








Trimester Q1 2022 Q4 2021 Q3 2021 Q2 2021
EPS estimate 0.40 0.54 0.46 0.27
Actual EPS 0.56 0.52 0.60 0.35
Revenue estimate 478.72M 463.85M 434.71M 401.76M
Actual turnover 485.86M 482.37M 465.95M 409.87M








Trimester Q1 2022 Q4 2021 Q3 2021 Q2 2021
EPS estimate 0.40 0.54 0.46 0.27
Actual EPS 0.56 0.52 0.60 0.35
Revenue estimate 478.72M 463.85M 434.71M 401.76M
Actual turnover 485.86M 482.37M 465.95M 409.87M

To keep track of all Air Transport Services Gr results releases, visit their results calendar here.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.

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