News stories about Air Transport Services Group (NASDAQ:ATSG) have trended somewhat positive this week, according to Accern. The research firm scores the sentiment of media coverage by analyzing more than 20 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 daily sentiment score of 0.14 on Accern’s scale. Accern also assigned news coverage about the transportation company an impact score of 46.0495502663256 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
These are some of the media stories that may have impacted Accern Sentiment Analysis’s analysis:
Air Transport Services Group (NASDAQ ATSG) opened at $23.82 on Thursday. Air Transport Services Group has a 1 year low of $14.97 and a 1 year high of $26.75. The company has a debt-to-equity ratio of 1.62, a quick ratio of 0.87 and a current ratio of 0.97. The stock has a market cap of $1,454.38, a P/E ratio of 31.14 and a beta of 1.96.
Air Transport Services Group (NASDAQ:ATSG) last posted its quarterly earnings results on Monday, November 6th. The transportation company reported $0.22 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.21 by $0.01. Air Transport Services Group had a negative net margin of 7.77% and a positive return on equity of 16.62%. The company had revenue of $254.10 million during the quarter, compared to analyst estimates of $256.13 million. During the same period last year, the firm posted $0.14 EPS. Air Transport Services Group’s revenue for the quarter was up 31.5% compared to the same quarter last year. equities analysts predict that Air Transport Services Group will post 0.86 earnings per share for the current fiscal year.
Several brokerages recently commented on ATSG. Zacks Investment Research raised shares of Air Transport Services Group from a “sell” rating to a “hold” rating in a research report on Monday, October 16th. Cowen set a $27.00 price objective on shares of Air Transport Services Group and gave the company a “buy” rating in a research report on Friday, October 13th. ValuEngine lowered shares of Air Transport Services Group from a “buy” rating to a “hold” rating in a research report on Friday, December 1st. Susquehanna Bancshares initiated coverage on shares of Air Transport Services Group in a research report on Thursday, August 17th. They set a “neutral” rating and a $22.00 price target for the company. Finally, Stifel Nicolaus reissued a “hold” rating and set a $20.00 price target on shares of Air Transport Services Group in a research report on Tuesday, September 12th. One research analyst has rated the stock with a sell rating, five have issued a hold rating and three have given a buy rating to the company. The stock presently has an average rating of “Hold” and an average target price of $24.86.
In other news, Director Joseph Edward Roux sold 10,012 shares of Air Transport Services Group stock in a transaction that occurred on Monday, November 13th. The shares were sold at an average price of $23.61, for a total transaction of $236,383.32. Following the completion of the transaction, the director now directly owns 27,862 shares of the company’s stock, valued at approximately $657,821.82. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, insider W Joseph Payne sold 7,500 shares of Air Transport Services Group stock in a transaction that occurred on Monday, October 2nd. The shares were sold at an average price of $24.20, for a total transaction of $181,500.00. Following the transaction, the insider now directly owns 177,952 shares of the company’s stock, valued at $4,306,438.40. The disclosure for this sale can be found here. Company insiders own 2.20% of the company’s stock.
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About Air Transport Services Group
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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