Stifel Nicolaus set a $27.00 target price on Air Transport Services Group (NASDAQ:ATSG) in a research note published on Monday morning. The firm currently has a buy rating on the transportation company’s stock.

Several other analysts have also issued reports on the stock. Zacks Investment Research upgraded shares of Air Transport Services Group from a hold rating to a buy rating and set a $25.00 target price for the company in a research note on Tuesday, October 9th. Imperial Capital upped their target price on shares of Air Transport Services Group from $22.00 to $25.00 and gave the stock an in-line rating in a research note on Friday, October 5th. ValuEngine upgraded shares of Air Transport Services Group from a sell rating to a hold rating in a research note on Wednesday, October 3rd. BidaskClub upgraded shares of Air Transport Services Group from a sell rating to a hold rating in a research note on Thursday, September 13th. Finally, Susquehanna Bancshares set a $23.00 target price on shares of Air Transport Services Group and gave the stock a hold rating in a research note on Wednesday, August 8th. Four investment analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. The stock presently has an average rating of Buy and a consensus price target of $26.67.

ATSG opened at $20.98 on Monday. Air Transport Services Group has a 1-year low of $19.17 and a 1-year high of $27.67. The company has a debt-to-equity ratio of 1.16, a quick ratio of 0.91 and a current ratio of 1.06. The firm has a market cap of $1.27 billion, a price-to-earnings ratio of 23.31 and a beta of 1.81.

Air Transport Services Group (NASDAQ:ATSG) last posted its earnings results on Monday, August 6th. The transportation company reported $0.28 earnings per share (EPS) for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.28. Air Transport Services Group had a net margin of 10.44% and a return on equity of 20.53%. The firm had revenue of $203.61 million during the quarter, compared to analyst estimates of $208.24 million. During the same quarter in the prior year, the business posted $0.21 EPS. The business’s revenue was down 19.6% compared to the same quarter last year. On average, equities research analysts anticipate that Air Transport Services Group will post 1.34 earnings per share for the current year.

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Amalgamated Bank bought a new position in Air Transport Services Group during the second quarter valued at about $202,000. Engineers Gate Manager LP bought a new position in Air Transport Services Group during the second quarter valued at about $206,000. Cornerstone Wealth Management LLC bought a new position in Air Transport Services Group during the second quarter valued at about $226,000. Verition Fund Management LLC bought a new position in Air Transport Services Group during the first quarter valued at about $296,000. Finally, Fox Run Management L.L.C. bought a new position in Air Transport Services Group during the second quarter valued at about $353,000. Hedge funds and other institutional investors own 88.29% of the company’s stock.

About Air Transport Services Group

Air Transport Services Group, Inc, through its subsidiaries, operates in the airfreight and logistics industry. The company owns and leases cargo aircraft to airlines and other customers. It also provides airline operations to delivery companies, airlines, freight forwarders, and the U.S. Military, as well as operates charter agreements.

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Analyst Recommendations for Air Transport Services Group (NASDAQ:ATSG)

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