Air Transport Services Stock Today
| ATSG Stock | USD 14.93 0.34 2.33% |
Performance7 of 100
| Odds Of DistressLess than 31
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Air Transport is trading at 14.93 as of the 12th of September 2024. This is a 2.33 percent increase since the beginning of the trading day. The stock's lowest day price was 14.47. Air Transport has about a 31 percent probability of financial distress in the next few years of operation and did not have a very good performance during the last 90 trading 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 13th of August 2024 and ending today, the 12th of September 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 65.76 M outstanding shares of which 3.67 M shares are presently shorted by private and institutional investors with about 7.03 trading days to cover. More on Air Transport Services
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Follow Valuation Options Odds of Bankruptcy
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Air Stock Highlights
ESG Sustainability
Environmental | Governance | Social |
| 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 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial Strength
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Debt LevelsAir Transport can leverage 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 959.45 M. Air Transport Services conducts business under Air Freight & Logistics sector and is part of Industrials industry. The entity has 65.76 M outstanding shares of which 3.67 M shares are presently shorted by private and institutional investors with about 7.03 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 holds a total of 65.76 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 two million one hundred seventy thousand ninety-six invesors are currently shorting Air Transport expressing very little confidence in its future performance.
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Air Stock Institutional Holders
| Instituion | Recorded On | Shares | |
| State Street Corp | 2024-06-30 | 1.2 M | |
| Geode Capital Management, Llc | 2024-06-30 | 1.2 M | |
| D. E. Shaw & Co Lp | 2024-06-30 | 1.2 M | |
| Anchor Capital Management Llc | 2024-06-30 | 1.1 M | |
| Thompson, Siegel & Walmsley Llc | 2024-06-30 | 1.1 M | |
| Charles Schwab Investment Management Inc | 2024-06-30 | 892.4 K | |
| Dg Capital Management, Llc | 2024-06-30 | 694.4 K | |
| Arnhold & S. Bleichroeder Advisers, Llc | 2024-06-30 | 503.3 K | |
| Kennedy Capital Management Inc | 2024-06-30 | 488.4 K | |
| Amazon.com Inc | 2024-06-30 | 12.7 M | |
| River Road Asset Management, Llc | 2024-06-30 | 7 M |
Air Transport Historical Income Statement
Air Stock Against Markets
Air Transport Corporate Management
| Joseph Payne | Sr. VP, Corporate General Counsel and Corporate Secretary | Profile | |
| Edward III | Chief Officer | Profile | |
| Quint Turner | Chief Officer | Profile | |
| Paul Chase | Chief Officer | Profile | |
| Michael Berger | Chief Commercial Officer | Profile |
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.
Additional Information and Resources on Investing in Air Stock
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 closely tied with the direction of predictive economic indicators such as signals in state. You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
Is Air Freight & Logistics space 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 (0.77) | Earnings Share 0.3 | Revenue Per Share 30.744 | Quarterly Revenue Growth (0.08) | Return On Assets 0.0186 |
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.