Press coverage about Atlas Air Worldwide Holdings (NASDAQ:AAWW) has been trending somewhat negative recently, Accern Sentiment Analysis reports. Accern identifies negative and positive news coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Atlas Air Worldwide Holdings earned a news impact score of 0.00 on Accern’s scale. Accern also assigned media headlines about the transportation company an impact score of 46.4565396205313 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
Here are some of the news stories that may have effected Accern Sentiment Analysis’s analysis:
A number of brokerages recently weighed in on AAWW. Cowen and Company reaffirmed a “hold” rating and set a $70.00 price objective on shares of Atlas Air Worldwide Holdings in a report on Tuesday, September 5th. ValuEngine raised Atlas Air Worldwide Holdings from a “buy” rating to a “strong-buy” rating in a report on Friday, September 1st. Stifel Nicolaus reaffirmed a “hold” rating and set a $69.00 price objective on shares of Atlas Air Worldwide Holdings in a report on Tuesday, September 12th. Zacks Investment Research raised Atlas Air Worldwide Holdings from a “hold” rating to a “buy” rating and set a $74.00 price objective on the stock in a report on Monday, August 7th. Finally, Susquehanna Bancshares Inc started coverage on Atlas Air Worldwide Holdings in a research report on Thursday, August 17th. They set a “positive” rating and a $72.00 target price on the stock. Two research analysts have rated the stock with a sell rating, one has issued a hold rating and five have given a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus price target of $70.00.
Shares of Atlas Air Worldwide Holdings (NASDAQ AAWW) opened at $53.70 on Friday. The company has a current ratio of 0.66, a quick ratio of 0.66 and a debt-to-equity ratio of 1.21. The company has a market capitalization of $1,338.74, a price-to-earnings ratio of 11.22 and a beta of 1.45. Atlas Air Worldwide Holdings has a 12-month low of $45.45 and a 12-month high of $68.70.
Atlas Air Worldwide Holdings (NASDAQ:AAWW) last issued its quarterly earnings data on Tuesday, November 7th. The transportation company reported $1.08 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ 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 company had revenue of $535.70 million during the quarter, compared to analysts’ expectations of $521.29 million. During the same quarter in the prior year, the company earned $1.09 earnings per share. The firm’s revenue was up 19.6% compared to the same quarter last year. equities analysts predict that Atlas Air Worldwide Holdings will post 4.64 EPS for the current year.
In other news, EVP Adam Richard Kokas sold 5,000 shares of the company’s stock in a transaction on Wednesday, August 30th. The stock was sold at an average price of $65.90, for a total value of $329,500.00. Following the sale, the executive vice president now directly owns 25,418 shares in the company, valued at $1,675,046.20. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders sold 40,000 shares of company stock worth $2,599,150 over the last 90 days. Company insiders own 2.50% of the company’s stock.
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About Atlas Air Worldwide Holdings
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).
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