Shares of Air Transport Services Group Inc. (NASDAQ:ATSG) saw an uptick in trading volume on Friday . 636,147 shares were traded during trading, an increase of 77% from the previous session’s volume of 360,015 shares.The stock last traded at $13.19 and had previously closed at $12.85.

Several research firms have recently weighed in on ATSG. TheStreet raised Air Transport Services Group from a “hold” rating to a “buy” rating in a research report on Monday, April 11th. Zacks Investment Research downgraded Air Transport Services Group from a “buy” rating to a “hold” rating in a research report on Friday, March 11th. Finally, Robert W. Baird reissued an “outperform” rating on shares of Air Transport Services Group in a research report on Friday, March 11th. One research analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. The stock currently has an average rating of “Buy” and a consensus target price of $14.67.

The company’s 50-day moving average is $13.07 and its 200 day moving average is $12.46. The firm has a market cap of $840.95 million and a P/E ratio of 21.31.

Air Transport Services Group (NASDAQ:ATSG) last issued its quarterly earnings data on Tuesday, May 10th. The company reported $0.13 EPS for the quarter, missing the consensus estimate of $0.14 by $0.01. The business earned $177.40 million during the quarter, compared to the consensus estimate of $167.12 million. The company’s revenue for the quarter was up 20.7% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.14 earnings per share. On average, analysts expect that Air Transport Services Group Inc. will post $0.60 earnings per share for the current fiscal year.

An institutional investor recently raised its position in Air Transport Services Group stock. Paradigm Capital Management Inc. NY boosted its stake in shares of Air Transport Services Group Inc. (NASDAQ:ATSG) by 1.7% during the fourth quarter, Holdings Channel reports. The firm owned 178,500 shares of the company’s stock after buying an additional 3,000 shares during the period. Paradigm Capital Management Inc. NY owned 0.28% of Air Transport Services Group worth $1,799,000 as of its most recent filing with the SEC.

Air Transport Services Group, Inc (ATSG) is a holding company. Through its subsidiaries, the Company provides aircraft leasing, airline operations, aircraft maintenance and other support services to the air cargo transportation and package delivery industries. The Company offers a range of services to delivery companies, freight forwarders, airlines and Government customers.

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