Air Transport Services Group Inc. (ATSG) Stock Price Up 2.5%
Air Transport Services Group Inc. (NASDAQ:ATSG) shares rose 2.5% during mid-day trading on Wednesday . The stock traded as high as $14.91 and last traded at $14.88, with a volume of 115,626 shares. The stock had previously closed at $14.52.
ATSG has been the topic of a number of research analyst reports. Zacks Investment Research downgraded shares of Air Transport Services Group from a “hold” rating to a “sell” rating in a research report on Tuesday, July 12th. TheStreet upgraded shares of Air Transport Services Group from a “hold” rating to a “buy” rating in a research report on Wednesday, August 17th.
The company’s 50 day moving average price is $14.06 and its 200 day moving average price is $13.49. The firm has a market capitalization of $878.17 million and a price-to-earnings ratio of 25.69.
Air Transport Services Group (NASDAQ:ATSG) last posted its earnings results on Monday, August 8th. The company reported $0.13 EPS for the quarter, beating analysts’ consensus estimates of $0.12 by $0.01. During the same period last year, the business posted $0.16 EPS. The business had revenue of $176.50 million for the quarter, compared to analysts’ expectations of $181.27 million. The company’s revenue for the quarter was up 18.9% on a year-over-year basis. Equities analysts predict that Air Transport Services Group Inc. will post $0.64 EPS for the current year.
Air Transport Services Group, Inc (ATSG) is a holding company. The Company provides airline operations, aircraft leases, aircraft maintenance and other support services primarily to the cargo transportation and package delivery industries. Through the Company’s subsidiaries, it offers a range of complementary services to delivery companies, freight forwarders, airlines and government customers.
Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.