Air Transport Services Group Inc [ATSG] stock prices are up 17.35% to $15.56 at the moment. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The ATSG shares have gain 5.42% over the last week, with a monthly amount glided 6.28%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Air Transport Services Group Inc [NASDAQ: ATSG] stock has seen the most recent analyst activity on November 08, 2023, when Susquehanna downgraded its rating to a Neutral and also revised its price target to $15 from $26. Previously, Oppenheimer started tracking the stock with Outperform rating on September 20, 2023, and set its price target to $27. On October 21, 2022, Truist initiated with a Hold rating and assigned a price target of $26 on the stock. Loop Capital upgraded its rating to a Buy and raised its price target to $33 on October 12, 2020. SunTrust started tracking with a Buy rating for this stock on May 01, 2020, and assigned it a price target of $27. In a note dated March 30, 2020, Loop Capital initiated an Hold rating and provided a target price of $20.50 on this stock.
The stock price of Air Transport Services Group Inc [ATSG] has been fluctuating between $11.62 and $23.31 over the past year. Currently, Wall Street analysts expect the stock to reach $40 within the next 12 months. Air Transport Services Group Inc [NASDAQ: ATSG] shares were valued at $15.56 at the most recent close of the market. An investor can expect a potential return of 157.07% based on the average ATSG price forecast.
Analyzing the ATSG fundamentals
The Air Transport Services Group Inc [NASDAQ:ATSG] reported sales of 2.01B for trailing twelve months, representing a drop of -7.73%. Gross Profit Margin for this corporation currently stands at 0.15% with Operating Profit Margin at 0.07%, Pretax Profit Margin comes in at 0.02%, and Net Profit Margin reading is 0.01%. To continue investigating profitability, this company’s Return on Assets is posted at 0.0, Equity is 0.01 and Total Capital is 0.04. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.13.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 14.90 points at the first support level, and at 14.23 for the second support level. However, for the 1st resistance point, the stock is sitting at 15.90, and for the 2nd resistance point, it is at 16.23.
Ratios To Look Out For
It’s worth pointing out that Air Transport Services Group Inc [NASDAQ:ATSG]’s Current Ratio is 0.74. In addition, the Quick Ratio stands at 0.62 and the Cash Ratio stands at 0.07. Considering the valuation of this stock, the price to sales ratio is 0.51, the price to book ratio is 0.70 and price to earnings (TTM) ratio is 61.19.
Transactions by insiders
Recent insider trading involved HETE JOSEPH C, Executive Chairman, that happened on Jun 07 ’24 when 5000.0 shares were purchased. Chief Executive Officer, Berger Michael L completed a deal on Jun 07 ’24 to buy 3996.0 shares. Meanwhile, Chief Operating Officer Koharik Edward Joseph III bought 816.0 shares on Nov 10 ’23.
