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

Air Transport Services Group, Inc. (NASDAQ:ATSG) – Equities research analysts at Zacks Research increased their FY2025 earnings per share estimates for shares of Air Transport Services Group in a report issued 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 previous estimate of $1.12. The consensus estimate for Air Transport Services Group’s current full-year earnings is $0.83 per share.

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

Air Transport Services Group Stock Up 0.4 %

Air Transport Services Group stock opened at $22.44 on Wednesday. The firm has a 50 day simple moving average of $22.28 and a 200 day simple moving average of $20.38. The company has a current ratio of 0.81, a quick ratio of 0.68 and a debt-to-equity ratio of 1.06. Air Transport Services Group has a 1-year low of $11.69 and a 1-year high of $22.45. The firm has a market capitalization of $1.48 billion, a price-to-earnings ratio of -560.86 and a beta of 0.79.

Air Transport Services Group (NASDAQ:ATSG) last issued its earnings results on Monday, March 3rd. The transportation company reported $0.40 earnings per share for the quarter, topping analysts’ consensus estimates 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 during the quarter, compared to analyst estimates of $521.36 million.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the company. Alpine Associates Management Inc. bought a new position in Air Transport Services Group in the 4th quarter worth about $31,377,000. FIL Ltd purchased a new position in shares of Air Transport Services Group during the fourth quarter worth about $31,146,000. TIG Advisors LLC purchased a new stake in Air Transport Services Group in the fourth quarter valued at approximately $29,290,000. Nexpoint Asset Management L.P. bought a new stake in Air Transport Services Group during the fourth quarter valued at approximately $22,907,000. Finally, Squarepoint Ops LLC purchased a new position in Air Transport Services Group in the 4th quarter worth approximately $17,922,000. Institutional investors own 91.81% of the company’s stock.

About Air Transport Services Group

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.