Air Transport Stock Analysis

ATSG
 Stock
  

USD 31.40  1.60  4.85%   

The latest indifference towards the small price fluctuations of Air Transport could raise concerns from shareholders as the firm is trading at a share price of 31.40 on 470,400 in volume. The company directors and management did not add any value to Air Transport investors in July. However, most investors can still diversify their portfolios with Air Transport to hedge their inherited risk against high-volatility market scenarios. The stock standard deviation of daily returns for 90 days investing horizon is currently 2.38. The current volatility is consistent with the ongoing market swings in July 2022 as well as with Air Transport unsystematic, company-specific events.
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The Air Transport stock analysis report makes it easy to digest most publicly released information about Air Transport and get updates on important government artifacts, including earning estimates, SEC corporate filings, and announcements. Air Transport Stock analysis module also helps to analyze the Air Transport price relationship with some important fundamental indicators such as market cap and management efficiency.

Air Transport Stock Analysis Notes

About 100.0% of the company shares are held by institutions such as insurance companies. The book value of Air Transport was presently reported as 16.05. The company had not issued any dividends in recent years. 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. Air Transport operates under Airlines classification in the United States and is traded on NASDAQ Exchange. It employs 5280 people. For more info on Air Transport please contact Joseph Hete at 937 382-5591 or go to www.atsginc.com.

Air Transport Quarterly Cost of Revenue

118.98 Million

Air Transport Investment Alerts

Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Air Transport's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Air Transport or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
Air Transport was previously known as AIR TRANSPORT SERVICES and was traded on NASDAQ Exchange under the symbol ABXA.
Air Transport has a strong financial position based on the latest SEC filings
Over 100.0% of the company shares are held by institutions such as insurance companies
Latest headline from MacroaxisInsider: Sale by Smethwick Edward Russell of 402 shares of Air Transport

Air Transport Upcoming and Recent Events

Earnings reports are used by Air Transport to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Air Transport previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
Upcoming Quarterly Report24th of February 2022
Next Financial Report4th of May 2022
Next Fiscal Quarter End31st of December 2021
Next Fiscal Year End24th of February 2022
Last Quarter Report30th of September 2021
Last Financial Announcement31st of December 2020

Air Transport Largest EPS Surprises

Earnings surprises can significantly impact Air Transport's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2017-08-07
2017-06-300.190.210.0210 
2015-08-05
2015-06-300.140.160.0214 
2015-03-05
2014-12-310.150.170.0213 
View All Earnings Estimates

Air Transport SEC Filings

SEC filings are important regulatory documents required of all public companies to provide to potential investors. Air Transport prospectus issued under the guidelines of SEC is a legal declaration of facts and statements to ensure that Air Transport investors are not misled. SEC filings are required by law to meet strict transparency standards and other important legal constraints. Although many companies may choose careful wording to disguise some material information, SEC filings make crucial Air Transport specific information freely available to individual and institutional investors to make a timely investment decision.
1st of June 2022
Financial Statements and Exhibits. Submission of Matters to a Vote of Security Holders. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers
View
5th of May 2022
Financial Statements and Exhibits. Results of Operations and Financial Condition
View
6th of April 2022
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers
View
24th of February 2022
Financial Statements and Exhibits. Results of Operations and Financial Condition
View
9th of February 2022
Unclassified Corporate Event
View
2nd of February 2022
Unclassified Corporate Event
View
1st of February 2022
Unclassified Corporate Event
View
4th of November 2021
Financial Statements and Exhibits. Results of Operations and Financial Condition
View

Air Transport Thematic Classifications

In addition to having Air Transport stock in your portfolios, you can add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
Airlines
Major domestic and international airlines

Air Transport Stock Institutional Investors

Have you ever been surprised when a price of an equity instrument such as Air Transport is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Air Transport backward and forwards among themselves. Air Transport's institutional investor refers to the entity that pools money to purchase Air Transport's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Security TypeSharesValue
Amazon Com IncCommon Shares14.4 M414.5 M
River Road Asset Management LlcCommon Shares7.9 M227.1 M
Bernzott Capital AdvisorsCommon Shares1.3 M36.3 M
Calamos Advisors LlcDebt28.6 M31 M
Redwood Investments LlcCommon Shares694.6 K20 M
Thompson Siegel Walmsley LlcCommon Shares587.6 K16.9 M
Kornitzer Capital Management IncCommon Shares517.9 K14.9 M
Tcw Group IncCommon Shares502 K14.4 M
Simplex Trading LlcCall Options59 K1.7 M
Note, although Air Transport's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Air Transport Market Capitalization

The company currently falls under 'Mid-Cap' category with current market capitalization of 2.45 B. 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 these looking for more risk prefer small-cap and mid-cap equities.

Air Transport Profitablity

Air Transport's profitability indicators refer to fundamental financial ratios that showcase Air Transport's ability to generate income relative to its revenue or operating costs. If, let's say, Air Transport is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Air Transport's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Air Transport's profitability requires more research than a typical breakdown of Air Transport's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Profit Margin (PM) of 12.96 %, which can signify that it executes well on its competitive strategies and has good control over its expenditures. This is very large. Similarly, it shows Operating Margin (OM) of 32.34 %, which suggests for every 100 dollars of sales, it generated a net operating income of 0.32.
Last ReportedProjected for 2022
Return on Investment 12.96  10.92 
Return on Average Assets 0.07  0.08 
Return on Average Equity 0.20  0.16 
Return on Invested Capital 0.1  0.08 
Return on Sales 0.21  0.23 

Management Efficiency

The entity has return on total asset (ROA) of 5.31 % which means that it generated profit of $5.31 on every $100 spent on asset. This is normal as compared to the sector avarege. Similarly, it shows return on stockholders equity (ROE) of 20.99 %, meaning that it created $20.99 on every $100 dollars invested by stockholders. Air Transport management efficiency ratios could be used to measure how well air transport manages its routine affairs as well as how well it operates its assets and liabilities. Air Transport Return on Sales is projected to increase slightly based on the last few years of reporting. The past year's Return on Sales was at 0.21. Air Transport Tax Assets are projected to decrease significantly based on the last few years of reporting. The past year's Tax Assets were at 12.56 Million. The current year Revenue to Assets is expected to grow to 0.62, whereas Current Assets are forecasted to decline to about 292.2 M.
Last ReportedProjected for 2022
Book Value per Share 19.21  20.72 
Enterprise Value over EBIT 10.00  10.26 
Enterprise Value over EBITDA 5.06  6.29 
Price to Book Value 1.65  2.08 
Tangible Assets Book Value per Share 40.12  35.57 
Enterprise Value3.6 B2.9 B
Tangible Asset Value2.8 B2.3 B

Technical Drivers

As of the 7th of August, Air Transport shows the Downside Deviation of 2.32, mean deviation of 1.89, and Risk Adjusted Performance of 0.0355. Air Transport technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We are able to interpolate and collect nineteen technical drivers for Air Transport, which can be compared to its rivals. Please confirm Air Transport treynor ratio, as well as the relationship between the downside variance and kurtosis to decide if Air Transport is priced correctly, providing market reflects its regular price of 31.4 per share. Given that Air Transport has jensen alpha of 0.064, we suggest you to validate Air Transport's prevailing market performance to make sure the company can sustain itself at a future point.

Air Transport Price Movement Analysis

The output start index for this execution was thirty-two with a total number of output elements of twenty-nine. The MESA Adaptive Moving Average indicator adapts to Air Transport price movement based on the rate change of phase as measured by the Hilbert Transform Discriminator.
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Air Transport Insider Trading Activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Air Transport insiders, such as employees or executives, is commonly permitted as long as it does not rely on Air Transport's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Air Transport insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.

Air Transport Predictive Daily Indicators

Air Transport intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Air Transport stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

Air Transport Forecast Models

Air Transport time-series forecasting models is one of many Air Transport's stock analysis techniquest aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Air Transport's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.

About Air Transport Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Air Transport stock is reacting to, or reflecting on a current stock market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Air Transport shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas, a specific sector, or an individual stock such as Air Transport. By using and applying Air Transport Stock analysis, traders can create a robust methodology for identifying Air Transport entry and exit points for their positions.
Last ReportedProjected for 2022
Operating Margin 18.52  19.99 
EBITDA Margin 0.41  0.37 
Gross Margin 0.75  0.80 
Profit Margin 0.13  0.14 
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. Air Transport operates under Airlines classification in the United States and is traded on NASDAQ Exchange. It employs 5280 people.

Current Air Transport Analysis - Recommendations

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Air Transport analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Air Transport analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target PriceAdvice# of Analysts
33.4Strong Buy5Odds
Air Transport current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Air Transport analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Air Transport stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Air Transport, talking to its executives and customers, or listening to Air Transport conference calls.
Air Transport Analyst Advice Details

Air Transport Stock Analysis Indicators

Air Transport stock analysis indicators help investors evaluate how Air Transport stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Air Transport shares will generate the highest return on investment. By understating and applying Air Transport stock analysis, traders can identify Air Transport position entry and exit signals to maximize returns.
Quick Ratio0.79
Fifty Two Week Low23.68
Revenue Growth29.20%
Average Daily Volume Last 10 Day312.46k
Shares Short Prior Month2.84M
Average Daily Volume In Three Month424.89k
Earnings Growth15.30%
Shares Percent Shares Out3.46%
Earnings Quarterly Growth17.70%
Gross Margins41.31%
Forward Price Earnings13.81
Short Percent Of Float5.16%
Float Shares57.73M
Fifty Two Week High34.54
Fifty Day Average29.78
Enterprise Value To Ebitda6.06
Two Hundred Day Average29.01
Enterprise Value To Revenue1.96
Please continue to Trending Equities. Note that the Air Transport information on this page should be used as a complementary analysis to other Air Transport's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.

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When running Air Transport 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 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 Transport 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 YOY
-0.16
Market Capitalization
2.3 B
Quarterly Revenue Growth YOY
0.24
Return On Assets
0.0552
Return On Equity
0.17
The market value of Air Transport is measured differently than its book value, which is the value of Air Transport 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 Air Transport value 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.