Atlas Air Worldwide (AAWW) Earning Somewhat Positive Media Coverage, Analysis Finds

News stories about Atlas Air Worldwide (NASDAQ:AAWW) have been trending somewhat positive recently, according to Accern Sentiment Analysis. The research group identifies negative and positive news coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Atlas Air Worldwide earned a news sentiment score of 0.16 on Accern’s scale. Accern also gave news articles about the transportation company an impact score of 46.3437187886525 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 media stories that may have impacted Accern Sentiment Analysis’s rankings:

AAWW has been the subject of several recent research reports. ValuEngine lowered Atlas Air Worldwide from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, November 14th. Stifel Nicolaus raised Atlas Air Worldwide from a “hold” rating to a “buy” rating and set a $69.00 price objective for the company in a research report on Tuesday, November 7th. Cowen reissued a “hold” rating on shares of Atlas Air Worldwide in a research report on Thursday, October 12th. Zacks Investment Research lowered Atlas Air Worldwide from a “buy” rating to a “hold” rating in a research report on Tuesday, October 10th. Finally, Susquehanna Bancshares initiated coverage on Atlas Air Worldwide in a research report on Thursday, August 17th. They set a “positive” rating and a $72.00 price objective for the company. Two research analysts have rated the stock with a sell rating, one has issued a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the company. The stock presently has an average rating of “Buy” and an average target price of $70.00.

Atlas Air Worldwide (NASDAQ:AAWW) opened at $56.50 on Thursday. Atlas Air Worldwide has a twelve month low of $45.45 and a twelve month high of $68.70. 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 firm has a market capitalization of $1,466.42, a price-to-earnings ratio of 12.29 and a beta of 1.38.

Atlas Air Worldwide (NASDAQ:AAWW) last issued its quarterly 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 had a net margin of 2.06% and a return on equity of 8.14%. The company 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 business earned $1.09 earnings per share. Atlas Air Worldwide’s revenue was up 19.6% compared to the same quarter last year. sell-side analysts anticipate that Atlas Air Worldwide will post 4.64 EPS for the current fiscal year.

In other news, CEO William J. Flynn sold 5,000 shares of the firm’s stock in a transaction on Monday, October 2nd. The stock was sold at an average price of $66.19, for a total transaction of $330,950.00. Following the completion of the transaction, the chief executive officer now directly owns 191,958 shares in the company, valued at $12,705,700.02. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders have sold 25,000 shares of company stock valued at $1,605,650 over the last 90 days. Corporate insiders own 2.50% of the company’s stock.

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Atlas Air Worldwide 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).

Insider Buying and Selling by Quarter for Atlas Air Worldwide (NASDAQ:AAWW)

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