Air Transport Services Group (NASDAQ:ATSG) Earns Media Sentiment Rating of 0.07
News headlines about Air Transport Services Group (NASDAQ:ATSG) have been trending somewhat positive recently, Accern Sentiment Analysis reports. Accern identifies positive and negative media coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Air Transport Services Group earned a news sentiment score of 0.07 on Accern’s scale. Accern also assigned press coverage about the transportation company an impact score of 47.1528028015127 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
Here are some of the news stories that may have impacted Accern’s analysis:
- Dissecting the Numbers for Air Transport Services Group, Inc. (ATSG) and Hub Group, Inc. (HUBG) – StockNewsGazette (stocknewsgazette.com)
- Air Transport Services Group, I (ATSG) Investment Down in Latest Report from Dimensional Fund Advisors Lp – Modern Readers (modernreaders.com)
- Air Transport Services Group, Inc. (NasdaqGS:ATSG) versus Tourmaline Oil Corp. (TSX:TOU) Technicals Update: A … – Evergreen Caller (evergreencaller.com)
- ATSG posts $53.7m loss in Q2 2017 – American Shipper (subscription) (americanshipper.com)
- Air Transport Services Group, Inc Expected to Post FY2017 Earnings of $0.85 Per Share (NASDAQ:ATSG) (americanbankingnews.com)
Shares of Air Transport Services Group (ATSG) opened at 22.70 on Friday. The firm’s market cap is $1.34 billion. The firm has a 50-day moving average of $23.32 and a 200-day moving average of $19.92. Air Transport Services Group has a 52 week low of $12.94 and a 52 week high of $25.75.
Air Transport Services Group (NASDAQ:ATSG) last issued its quarterly earnings results on Monday, August 7th. The transportation company reported $0.21 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.19 by $0.02. The company had revenue of $253.21 million for the quarter, compared to the consensus estimate of $235.69 million. Air Transport Services Group had a negative net margin of 4.42% and a positive return on equity of 14.27%. The firm’s quarterly revenue was up 43.4% on a year-over-year basis. During the same period in the previous year, the firm earned $0.13 EPS. On average, analysts expect that Air Transport Services Group will post $0.89 EPS for the current year.
Several research analysts recently commented on ATSG shares. Cowen and Company restated an “outperform” rating and set a $27.00 target price (up previously from $25.00) on shares of Air Transport Services Group in a report on Thursday. Imperial Capital increased their target price on shares of Air Transport Services Group from $18.00 to $23.00 and gave the stock an “in-line” rating in a report on Monday, May 15th. BidaskClub upgraded shares of Air Transport Services Group from a “hold” rating to a “buy” rating in a report on Tuesday, August 1st. Sidoti restated a “buy” rating and set a $26.00 target price (up previously from $23.00) on shares of Air Transport Services Group in a report on Sunday, May 14th. Finally, Zacks Investment Research upgraded shares of Air Transport Services Group from a “sell” rating to a “hold” rating in a report on Tuesday, May 9th. One analyst has rated the stock with a sell rating, three have assigned a hold rating and four have issued a buy rating to the company. Air Transport Services Group currently has an average rating of “Hold” and a consensus target price of $23.29.
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In related news, insider Willem Mesdag sold 4,377,330 shares of the business’s stock in a transaction dated Tuesday, June 6th. The shares were sold at an average price of $22.42, for a total value of $98,139,738.60. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, insider Richard Francis Corrado sold 20,000 shares of the business’s stock in a transaction dated Monday, May 15th. The stock was sold at an average price of $23.05, for a total transaction of $461,000.00. Following the completion of the transaction, the insider now directly owns 112,839 shares in the company, valued at $2,600,938.95. The disclosure for this sale can be found here. Insiders sold a total of 4,414,480 shares of company stock worth $99,000,315 over the last three months. 2.20% of the stock is owned by insiders.
Air Transport Services Group Company Profile
Air Transport Services Group, Inc (ATSG) is a holding company. The Company provides airline operations, aircraft leases, aircraft maintenance and other support services primarily to the cargo transportation and package delivery industries. It offers aircraft, crew, maintenance and insurance (ACMI) for specified cargo operations.
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