Atlas Air Worldwide Holdings (NASDAQ:AAWW) has been assigned a consensus rating of “Hold” from the nine brokerages that are covering the stock, MarketBeat Ratings reports. Two investment analysts have rated the stock with a sell recommendation, one has assigned a hold recommendation and five have issued a buy recommendation on the company. The average 1-year target price among analysts that have issued ratings on the stock in the last year is $68.67.

AAWW has been the subject of several recent research reports. Zacks Investment Research upgraded shares of Atlas Air Worldwide Holdings from a “hold” rating to a “buy” rating and set a $74.00 target price for the company in a research note on Monday, August 7th. Stifel Nicolaus upgraded shares of Atlas Air Worldwide Holdings from a “hold” rating to a “buy” rating and set a $69.00 price target for the company in a research report on Tuesday, November 7th. ValuEngine lowered shares of Atlas Air Worldwide Holdings from a “strong-buy” rating to a “buy” rating in a research report on Tuesday. BidaskClub lowered shares of Atlas Air Worldwide Holdings from a “buy” rating to a “hold” rating in a research report on Monday, July 31st. Finally, Cowen and Company restated a “hold” rating on shares of Atlas Air Worldwide Holdings in a research report on Thursday, October 12th.

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In related news, EVP Adam Richard Kokas sold 10,000 shares of the stock in a transaction dated Thursday, August 31st. The shares were sold at an average price of $66.40, for a total value of $664,000.00. Following the completion of the transaction, the executive vice president now owns 25,418 shares in the company, valued at approximately $1,687,755.20. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, CEO William J. Flynn sold 5,000 shares of the stock in a transaction dated Monday, October 30th. The shares were sold at an average price of $61.21, for a total transaction of $306,050.00. Following the completion of the transaction, the chief executive officer now owns 171,958 shares of the company’s stock, valued at approximately $10,525,549.18. The disclosure for this sale can be found here. Insiders have sold 40,000 shares of company stock valued at $2,599,150 in the last 90 days. Insiders own 2.50% of the company’s stock.

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Cubist Systematic Strategies LLC bought a new position in Atlas Air Worldwide Holdings in the 3rd quarter valued at about $619,000. Impala Asset Management LLC bought a new position in Atlas Air Worldwide Holdings in the 3rd quarter valued at about $13,303,000. Signia Capital Management LLC grew its position in Atlas Air Worldwide Holdings by 1.9% in the 3rd quarter. Signia Capital Management LLC now owns 67,711 shares of the transportation company’s stock valued at $4,455,000 after buying an additional 1,267 shares in the last quarter. Pier Capital LLC bought a new position in Atlas Air Worldwide Holdings in the 3rd quarter valued at about $5,461,000. Finally, Elk Creek Partners LLC grew its position in Atlas Air Worldwide Holdings by 9.1% in the 3rd quarter. Elk Creek Partners LLC now owns 215,544 shares of the transportation company’s stock valued at $14,183,000 after buying an additional 18,029 shares in the last quarter. Hedge funds and other institutional investors own 96.40% of the company’s stock.

Shares of Atlas Air Worldwide Holdings (AAWW) opened at $52.95 on Thursday. The company has a current ratio of 0.66, a quick ratio of 0.66 and a debt-to-equity ratio of 1.21. Atlas Air Worldwide Holdings has a 12 month low of $45.45 and a 12 month high of $68.70. The firm has a market cap of $1,333.68, a price-to-earnings ratio of 11.18 and a beta of 1.45.

Atlas Air Worldwide Holdings (NASDAQ:AAWW) last released its earnings results on Tuesday, November 7th. The transportation company reported $1.08 earnings per share for the quarter, missing the consensus estimate of $1.13 by ($0.05). Atlas Air Worldwide Holdings had a net margin of 2.06% and a return on equity of 8.14%. The business had revenue of $535.70 million for the quarter, compared to the consensus estimate of $521.29 million. During the same quarter in the previous year, the firm earned $1.09 EPS. The firm’s revenue for the quarter was up 19.6% on a year-over-year basis. equities research analysts forecast that Atlas Air Worldwide Holdings will post 4.64 EPS for the current year.

Atlas Air Worldwide Holdings Company Profile

Atlas Air Worldwide Holdings, Inc is a holding company. The Company provides outsourced aircraft and aviation operating services throughout the world, serving Africa, Asia, Australia, Europe, the Middle East, North America and South America through contractual service arrangements, including those through which it provides aircraft to customers and value-added services, including crew, maintenance and insurance (ACMI), as well as those through which it provides crew, maintenance and insurance, but not the aircraft (CMI); cargo and passenger charter services (Charter), and dry leasing aircraft and engines (Dry Leasing).

Analyst Recommendations for Atlas Air Worldwide Holdings (NASDAQ:AAWW)

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