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

Air Transport Services Group, Inc. (NASDAQ:ATSG) – Zacks Research boosted their FY2025 earnings estimates for shares of Air Transport Services Group in a report released on Monday, March 24th. Zacks Research analyst R. Department now expects that the transportation company will earn $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 announced its quarterly earnings results on Monday, March 3rd. The transportation company reported $0.40 EPS for the quarter, topping analysts’ consensus estimates 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 business had revenue of $1.96 billion for the quarter, compared to analysts’ expectations of $521.36 million.

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

Air Transport Services Group Trading Up 0.4 %

ATSG opened at $22.44 on Wednesday. Air Transport Services Group has a one year low of $11.69 and a one year high of $22.45. The company has a debt-to-equity ratio of 1.06, a current ratio of 0.81 and a quick ratio of 0.68. The business has a 50 day simple moving average of $22.28 and a two-hundred day simple moving average of $20.38. The firm has a market capitalization of $1.48 billion, a price-to-earnings ratio of -560.86 and a beta of 0.79.

Institutional Trading of Air Transport Services Group

A number of institutional investors have recently made changes to their positions in ATSG. Independence Bank of Kentucky purchased a new stake in Air Transport Services Group in the fourth quarter worth approximately $33,000. Sterling Capital Management LLC boosted its stake in shares of Air Transport Services Group by 797.3% in the 4th quarter. Sterling Capital Management LLC now owns 1,642 shares of the transportation company’s stock worth $36,000 after buying an additional 1,459 shares during the last quarter. AlphaQuest LLC increased its position in Air Transport Services Group by 89.8% during the fourth quarter. AlphaQuest LLC now owns 2,634 shares of the transportation company’s stock valued at $58,000 after acquiring an additional 1,246 shares during the last quarter. Covestor Ltd lifted its holdings in Air Transport Services Group by 96.8% in the fourth quarter. Covestor Ltd now owns 3,729 shares of the transportation company’s stock valued at $82,000 after acquiring an additional 1,834 shares during the period. Finally, KLP Kapitalforvaltning AS bought a new position in Air Transport Services Group in the fourth quarter valued at about $99,000. Hedge funds and other institutional investors 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.