FY2025 Earnings Estimate for ATSG Issued By Zacks Research

Air Transport Services Group, Inc. (NASDAQ:ATSG) – Stock analysts at Zacks Research boosted their FY2025 EPS estimates for shares of Air Transport Services Group in a note issued to investors on Monday, March 24th. Zacks Research analyst R. Department now anticipates that the transportation company will post earnings per share of $1.13 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, topping 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 firm had revenue of $1.96 billion for the quarter, compared to the consensus estimate of $521.36 million.

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

Air Transport Services Group Stock Performance

Shares of NASDAQ ATSG opened at $22.34 on Wednesday. The business’s 50-day simple moving average is $22.26 and its 200-day simple 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. Air Transport Services Group has a 52 week low of $11.69 and a 52 week high of $22.38. The firm has a market cap of $1.47 billion, a price-to-earnings ratio of -558.36 and a beta of 0.79.

Hedge Funds Weigh In On Air Transport Services Group

Institutional investors have recently made changes to their positions in the business. Dimensional Fund Advisors LP boosted its stake in Air Transport Services Group by 0.4% during the 4th quarter. Dimensional Fund Advisors LP now owns 3,571,391 shares of the transportation company’s stock valued at $78,500,000 after purchasing an additional 15,250 shares during the period. American Century Companies Inc. raised its stake in Air Transport Services Group by 3.3% during the 4th quarter. American Century Companies Inc. now owns 2,283,944 shares of the transportation company’s stock valued at $50,201,000 after purchasing an additional 72,367 shares during the last quarter. Alpine Associates Management Inc. bought a new stake in Air Transport Services Group in the 4th quarter valued at $31,377,000. FIL Ltd acquired a new stake in Air Transport Services Group in the 4th quarter worth $31,146,000. Finally, TIG Advisors LLC bought a new position in shares of Air Transport Services Group during the 4th quarter worth about $29,290,000. 91.81% of the stock is currently owned by institutional investors.

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.