Atlas Air Worldwide (AAWW) Getting Somewhat Favorable Media Coverage, Study Shows

Media coverage about Atlas Air Worldwide (NASDAQ:AAWW) has been trending somewhat positive on Tuesday, according to Accern Sentiment. Accern scores the sentiment of press coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Atlas Air Worldwide earned a media sentiment score of 0.15 on Accern’s scale. Accern also gave media headlines about the transportation company an impact score of 46.0277117842278 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.

Here are some of the media headlines that may have impacted Accern’s rankings:

Several research firms have weighed in on AAWW. Susquehanna Bancshares began coverage on shares of Atlas Air Worldwide in a report on Thursday, August 17th. They set a “positive” rating and a $72.00 target price for the company. ValuEngine upgraded shares of Atlas Air Worldwide from a “buy” rating to a “strong-buy” rating in a report on Friday, September 1st. Cowen restated a “hold” rating and set a $70.00 target price on shares of Atlas Air Worldwide in a report on Tuesday, September 5th. Zacks Investment Research downgraded shares of Atlas Air Worldwide from a “hold” rating to a “sell” rating in a report on Thursday, November 9th. Finally, Stifel Nicolaus upgraded shares of Atlas Air Worldwide from a “hold” rating to a “buy” rating and set a $69.00 target price for the company in a report on Tuesday, November 7th. Two research analysts have rated the stock with a sell rating, one has given a hold rating, four have assigned a buy rating and one has given a strong buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and a consensus price target of $70.00.

Shares of Atlas Air Worldwide (NASDAQ:AAWW) opened at $56.75 on Tuesday. Atlas Air Worldwide has a 12 month low of $45.45 and a 12 month high of $68.70. The stock has a market cap of $1,440.00, a PE ratio of 12.13 and a beta of 1.38. 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 (NASDAQ:AAWW) last released its quarterly earnings results 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 had a return on equity of 8.14% and a net margin of 2.06%. The firm had revenue of $535.70 million for the quarter, compared to analyst estimates of $521.29 million. During the same period in the prior year, the business earned $1.09 earnings per share. Atlas Air Worldwide’s revenue for the quarter was up 19.6% on a year-over-year basis. sell-side analysts predict that Atlas Air Worldwide will post 4.64 earnings per share for the current fiscal year.

In other Atlas Air Worldwide news, CEO William J. Flynn sold 5,000 shares of the firm’s stock in a transaction dated Monday, October 9th. The shares were sold at an average price of $65.59, for a total transaction of $327,950.00. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders have sold a total of 25,195 shares of company stock worth $1,616,785 over the last ninety days. 2.50% of the stock is owned by corporate insiders.

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About Atlas Air Worldwide

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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