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Air Transport Services Group Inc (NASDAQ: ATSG) closed the day trading at $14.66 down -6.15% from the previous closing price of $15.62. In other words, the price has decreased by -$6.15 from its previous closing price. On the day, 0.73 million shares were traded. ATSG stock price reached its highest trading level at $15.65 during the session, while it also had its lowest trading level at $14.365.
Ratios:
For a better understanding of ATSG, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.62 and its Current Ratio is at 0.74. In the meantime, Its Debt-to-Equity ratio is 1.16 whereas as Long-Term Debt/Eq ratio is at 1.11.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Susquehanna on November 08, 2023, Downgraded its rating to Neutral and sets its target price to $15 from $26 previously.
On September 20, 2023, Oppenheimer started tracking the stock assigning a Outperform rating and target price of $27.
On October 21, 2022, Truist started tracking the stock assigning a Hold rating and target price of $26.Truist initiated its Hold rating on October 21, 2022, with a $26 target price.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Jun 07 ’24 when Berger Michael L bought 3,996 shares for $12.47 per share. The transaction valued at 49,830 led to the insider holds 103,705 shares of the business.
HETE JOSEPH C bought 5,000 shares of ATSG for $64,058 on Jun 07 ’24. The Executive Chairman now owns 594,302 shares after completing the transaction at $12.81 per share. On Nov 09 ’23, another insider, Johns Raymond E Jr, who serves as the Director of the company, bought 1,705 shares for $14.47 each. As a result, the insider paid 24,678 and bolstered with 25,048 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ATSG now has a Market Capitalization of 964048896 and an Enterprise Value of 2628083968. As of this moment, Air’s Price-to-Earnings (P/E) ratio for their current fiscal year is 57.65, and their Forward P/E ratio for the next fiscal year is 13.55. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 115.30. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.48 while its Price-to-Book (P/B) ratio in mrq is 0.66. Its current Enterprise Value per Revenue stands at 1.305 whereas that against EBITDA is 5.654.
Stock Price History:
Over the past 52 weeks, ATSG has reached a high of $21.78, while it has fallen to a 52-week low of $11.62. The 50-Day Moving Average of the stock is -5.07%, while the 200-Day Moving Average is calculated to be 1.28%.
Shares Statistics:
Over the past 3-months, ATSG traded about 462.41K shares per day on average, while over the past 10 days, ATSG traded about 455970 shares per day. A total of 65.24M shares are outstanding, with a floating share count of 50.84M. Insiders hold about 22.68% of the company’s shares, while institutions hold 80.74% stake in the company. Shares short for ATSG as of 1726185600 were 3366274 with a Short Ratio of 7.28, compared to 1723680000 on 3667037. Therefore, it implies a Short% of Shares Outstanding of 3366274 and a Short% of Float of 7.85.
