Air Transport Services Stock Today
| ATSG Stock | USD 12.61 0.16 1.29% |
Performance0 of 100
| Odds Of DistressLess than 36
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Air Transport is trading at 12.61 as of the 19th of April 2024. This is a 1.29 percent up since the beginning of the trading day. The stock's lowest day price was 12.45. Air Transport has about a 36 percent probability of financial distress in the next few years of operation and has generated negative returns over the last 90 days. Equity ratings for Air Transport Services are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 20th of March 2024 and ending today, the 19th of April 2024. Click here to learn more.
Business Domain Transportation | IPO Date 23rd of July 2003 | Category Industrials |
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. Air Transport Services Group, Inc. was founded in 1980 and is based in Wilmington, Ohio. The company has 65.68 M outstanding shares of which 4.17 M shares are presently shorted by private and institutional investors with about 5.36 trading days to cover. More on Air Transport Services
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Follow Valuation Options Odds of Bankruptcy
Financial Report 2nd of May 2024
Air Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Air Transport's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Air Transport or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO | Joseph Hete | ||||
| Thematic Idea | Airlines (View all Themes) | ||||
| Business Concentration | Air Freight & Logistics, Transportation, Industrials, NASDAQ Composite, NASDAQ Composite Total, Airlines, Industrials, Air Freight & Logistics, Airlines, Industrials (View all Sectors) | ||||
| Average Analyst Recommendation Analysts covering Air Transport report their recommendations after researching Air Transport's financial statements, talking to executives and customers, or listening in on Air Transport's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Air Transport Services. The Air consensus assessment is calculated by taking the average forecast from all of the analysts covering Air Transport. | |||||
Air Transport's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Air Transport's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. Air Transport's bond ratings measure its overall creditworthiness, which in many ways corresponds to the cost of borrowing for an issuer. These ratings assign a letter grade to all of Air Transport's outstanding corporate bonds that indicate their credit quality. We use reports published by private self-sufficient rating services such as Standard & Poor's or Fitch Ratings Inc. to evaluate a bond issuer's financial strength or its ability to pay a bond's principal and interest. Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Air Transport's financial leverage. It provides some insight into what part of Air Transport's total assets is financed by creditors.
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Air Transport Services (ATSG) is traded on NASDAQ Exchange in USA. It is located in 145 Hunter Drive, Wilmington, OH, United States, 45177 and employs 5,095 people. Air Transport is listed under Air Freight & Logistics category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 828.27 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Air Transport's market, we take the total number of its shares issued and multiply it by Air Transport's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Air Transport Services conducts business under Air Freight & Logistics sector and is part of Industrials industry. The entity has 65.68 M outstanding shares of which 4.17 M shares are presently shorted by private and institutional investors with about 5.36 trading days to cover.
Air Transport Services currently holds about 54.49 M in cash with 654.08 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.75.
Check Air Transport Probability Of Bankruptcy
Ownership AllocationAir Transport Services retains a total of 65.68 Million outstanding shares. The majority of Air Transport Services outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to acquire positions in Air Transport Services to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Air Transport. Please pay attention to any change in the institutional holdings of Air Transport Services as this could imply that something significant has changed or is about to change at the company. Also note that nearly three million nine hundred fourty-one thousand thirty-four invesors are currently shorting Air Transport expressing very little confidence in its future performance.
Check Air Ownership Details
Air Stock Price Odds Analysis
In reference to a normal probability distribution, the odds of Air Transport jumping above the current price in 90 days from now is about 80.43%. The Air Transport Services probability density function shows the probability of Air Transport stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the stock has a beta coefficient of 2.1817. This suggests as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Air Transport will likely underperform. Additionally, air Transport Services has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Air Transport to move above the current price in 90 days from now is about 80.43 (This Air Transport Services probability density function shows the probability of Air Stock to fall within a particular range of prices over 90 days) .
Air Stock Institutional Holders
Institutional Holdings refers to the ownership stake in Air Transport that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Air Transport's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Air Transport's value.| Instituion | Recorded On | Shares | |
| Geode Capital Management, Llc | 2023-12-31 | 1.2 M | |
| Thompson, Siegel & Walmsley Llc | 2023-12-31 | 1.1 M | |
| D. E. Shaw & Co Lp | 2023-09-30 | 1 M | |
| Charles Schwab Investment Management Inc | 2023-12-31 | 916.8 K | |
| Anchor Capital Management Llc | 2023-12-31 | 723.4 K | |
| Ipg Investment Advisors, Llc | 2023-12-31 | 703.5 K | |
| Dg Capital Management, Llc | 2023-12-31 | 696.5 K | |
| Prescott Group Capital Management Llc | 2023-12-31 | 688 K | |
| Fmr Inc | 2023-12-31 | 629 K | |
| Amazon.com Inc | 2023-12-31 | 12.7 M | |
| River Road Asset Management, Llc | 2023-12-31 | 8.4 M |
Air Transport Historical Income Statement
Air Transport Services Income Statement is one of the three primary financial statements used for reporting Air's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Air Transport Services revenue and expense. Air Transport Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Air Transport's EBIT is most likely to increase significantly in the upcoming years. The Air Transport's current EBITDA is estimated to increase to about 570 M, while Gross Profit is projected to decrease to roughly 189.8 M. View More FundamentalsAir Stock Against Markets
Picking the right benchmark for Air Transport stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Air Transport stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Air Transport is critical whether you are bullish or bearish towards Air Transport Services at a given time. Please also check how Air Transport's historical prices are related to one of the top price index indicators.
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Our tools can tell you how much better you can do entering a position in Air Transport without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Air Transport Corporate Directors
Air Transport corporate directors refer to members of an Air Transport board of directors. The board of directors generally takes responsibility for the Air Transport's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Air Transport's board members must vote for the resolution. The Air Transport board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Arthur Lichte | Director | Profile | |
| Jeffrey Vorholt | Independent Director | Profile | |
| Richard Baudouin | Independent Director | Profile | |
| John Teets | Independent Director | Profile |
How to buy Air Stock?
Before investing in Air Transport, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Air Transport. To buy Air Transport stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Air Transport. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Air Transport stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Air Transport Services stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Air Transport Services stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Air Transport Services, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Air Stock please use our How to Invest in Air Transport guide.
Already Invested in Air Transport Services?
The danger of trading Air Transport Services is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Air Transport is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Air Transport. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Air Transport Services is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Air Transport Services is a strong investment it is important to analyze Air Transport's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Air Transport's future performance. For an informed investment choice regarding Air Stock, refer to the following important reports: Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Air Transport Services. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state. You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
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When running Air Transport's price analysis, check to measure Air Transport's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Air Transport is operating at the current time. Most of Air Transport's value examination focuses on studying past and present price action to predict the probability of Air Transport's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Air Transport's price. Additionally, you may evaluate how the addition of Air Transport to your portfolios can decrease your overall portfolio volatility.
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Is Air Transport's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Air Transport. If investors know Air will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Air Transport listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.58) | Earnings Share 0.82 | Revenue Per Share 30.166 | Quarterly Revenue Growth (0.03) | Return On Assets 0.0272 |
The market value of Air Transport Services is measured differently than its book value, which is the value of Air that is recorded on the company's balance sheet. Investors also form their own opinion of Air Transport's value that differs from its market value or its book value, called intrinsic value, which is Air Transport's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Air Transport's market value can be influenced by many factors that don't directly affect Air Transport's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Air Transport's value and its price as these two are different measures arrived at by different means. Investors typically determine if Air Transport is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Air Transport's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.