Beyond market averages, investors seeking exceptional growth focus on the art of stock selection. The right picks can significantly contribute to the expansion of your wealth.
The price of Air Transport Services Group Inc (NASDAQ: ATSG) closed at $22.35 in the last session, up 0.18% from day before closing price of $22.31. In other words, the price has increased by $0.18 from its previous closing price. On the day, 0.92 million shares were traded. ATSG stock price reached its highest trading level at $22.35 during the session, while it also had its lowest trading level at $22.31.
Ratios:
We take a closer look at ATSG’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 32.82 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 15.67. For the most recent quarter (mrq), Quick Ratio is recorded 0.68 and its Current Ratio is at 0.81. In the meantime, Its Debt-to-Equity ratio is 1.11 whereas as Long-Term Debt/Eq ratio is at 1.09.
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:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. 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.
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 1472652672 and an Enterprise Value of 3010998784. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.75 while its Price-to-Book (P/B) ratio in mrq is 1.00. Its current Enterprise Value per Revenue stands at 1.535 whereas that against EBITDA is 5.805.
Stock Price History:
The Beta on a monthly basis for ATSG is 0.89, which has changed by 0.69703877 over the last 52 weeks, in comparison to a change of 0.08275449 over the same period for the S&P500. Over the past 52 weeks, ATSG has reached a high of $22.38, while it has fallen to a 52-week low of $11.62. The 50-Day Moving Average of the stock is 0.52%, while the 200-Day Moving Average is calculated to be 22.15%.
Shares Statistics:
According to the various share statistics, ATSG traded on average about 956.31K shares per day over the past 3-months and 825820 shares per day over the past 10 days. A total of 65.76M shares are outstanding, with a floating share count of 50.96M. Insiders hold about 22.66% of the company’s shares, while institutions hold 83.13% stake in the company. Shares short for ATSG as of 1740700800 were 2520755 with a Short Ratio of 2.64, compared to 1738281600 on 2199540. Therefore, it implies a Short% of Shares Outstanding of 2520755 and a Short% of Float of 5.87.
