Stifel Nicolaus reiterated their hold rating on shares of Atlas Air Worldwide Holdings (NASDAQ:AAWW) in a report released on Tuesday morning. They currently have a $69.00 target price on the transportation company’s stock.

Other equities research analysts have also recently issued reports about the company. Susquehanna Bancshares Inc began coverage on Atlas Air Worldwide Holdings in a research note on Thursday, August 17th. They set a positive rating and a $72.00 target price for the company. BidaskClub cut Atlas Air Worldwide Holdings from a hold rating to a sell rating in a research note on Friday, August 11th. Cowen and Company restated an outperform rating and set a $70.00 target price (up from $60.00) on shares of Atlas Air Worldwide Holdings in a research note on Thursday, August 3rd. ValuEngine upgraded Atlas Air Worldwide Holdings from a buy rating to a strong-buy rating in a research note on Friday, September 1st. Finally, Zacks Investment Research cut Atlas Air Worldwide Holdings from a hold rating to a sell rating in a research note on Tuesday, August 1st. One analyst has rated the stock with a sell rating, two have assigned a hold rating, four have given a buy rating and one has given a strong buy rating to the company. Atlas Air Worldwide Holdings currently has a consensus rating of Buy and an average target price of $70.00.

Atlas Air Worldwide Holdings (NASDAQ:AAWW) opened at 65.93 on Tuesday. The company has a market cap of $1.67 billion, a P/E ratio of 28.17 and a beta of 1.40. The firm has a 50-day moving average price of $63.83 and a 200 day moving average price of $56.34. Atlas Air Worldwide Holdings has a 12 month low of $37.65 and a 12 month high of $68.25.

Atlas Air Worldwide Holdings (NASDAQ:AAWW) last released its earnings results on Wednesday, August 2nd. The transportation company reported $1.09 earnings per share for the quarter, topping the consensus estimate of $0.85 by $0.24. Atlas Air Worldwide Holdings had a return on equity of 8.11% and a net margin of 2.98%. The firm had revenue of $517.37 million during the quarter, compared to analysts’ expectations of $500.44 million. During the same period in the prior year, the company earned $0.80 earnings per share. The company’s quarterly revenue was up 16.7% on a year-over-year basis. On average, equities analysts expect that Atlas Air Worldwide Holdings will post $4.84 earnings per share for the current year.

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In other news, CEO William J. Flynn sold 5,000 shares of the stock in a transaction on Monday, July 3rd. The stock was sold at an average price of $52.20, for a total value of $261,000.00. Following the completion of the transaction, the chief executive officer now directly owns 216,958 shares in the company, valued at approximately $11,325,207.60. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Adam Richard Kokas sold 10,000 shares of the stock in a transaction on Thursday, August 31st. The shares were sold at an average price of $66.40, for a total value of $664,000.00. Following the completion of the transaction, the executive vice president now owns 25,418 shares of the company’s stock, valued at $1,687,755.20. The disclosure for this sale can be found here. Insiders sold a total of 41,000 shares of company stock valued at $2,458,350 over the last quarter. 2.50% of the stock is owned by corporate insiders.

Several institutional investors and hedge funds have recently made changes to their positions in AAWW. Louisiana State Employees Retirement System lifted its stake in shares of Atlas Air Worldwide Holdings by 1.0% in the 1st quarter. Louisiana State Employees Retirement System now owns 10,200 shares of the transportation company’s stock valued at $566,000 after acquiring an additional 100 shares during the last quarter. Great West Life Assurance Co. Can raised its position in Atlas Air Worldwide Holdings by 7.2% during the 1st quarter. Great West Life Assurance Co. Can now owns 32,908 shares of the transportation company’s stock worth $1,823,000 after purchasing an additional 2,202 shares during the last quarter. State Board of Administration of Florida Retirement System raised its position in Atlas Air Worldwide Holdings by 13.5% during the 1st quarter. State Board of Administration of Florida Retirement System now owns 13,044 shares of the transportation company’s stock worth $723,000 after purchasing an additional 1,554 shares during the last quarter. American Century Companies Inc. raised its position in Atlas Air Worldwide Holdings by 13.5% during the 1st quarter. American Century Companies Inc. now owns 10,624 shares of the transportation company’s stock worth $589,000 after purchasing an additional 1,264 shares during the last quarter. Finally, Comerica Bank raised its position in Atlas Air Worldwide Holdings by 2.8% during the 1st quarter. Comerica Bank now owns 40,931 shares of the transportation company’s stock worth $2,448,000 after purchasing an additional 1,105 shares during the last quarter. Institutional investors own 96.41% of the company’s stock.

About Atlas Air Worldwide Holdings

Atlas Air Worldwide Holdings, Inc is a holding company. The Company provides outsourced aircraft and aviation operating services throughout the world, serving Africa, Asia, Australia, Europe, the Middle East, North America and South America through contractual service arrangements, including those through which it provides aircraft to customers and value-added services, including crew, maintenance and insurance (ACMI), as well as those through which it provides crew, maintenance and insurance, but not the aircraft (CMI); cargo and passenger charter services (Charter), and dry leasing aircraft and engines (Dry Leasing).

Analyst Recommendations for Atlas Air Worldwide Holdings (NASDAQ:AAWW)

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