Here is how Air Transport Services (ATSG) and Corporacion America Airports S.A. (CAAP) have performed compared to their sector so far this year.
The deal between Stonepeak and Air Transport Services is likely to be closed in the first half of 2025.
Air Transport Services (ATSG) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions could translate into further price increase in the near term.
Air Transport Services Group said on Monday it was being acquired by investment firm Stonepeak in a deal valued at $3.1 billion, including debt, sending the aircraft lessor's shares up 22.9% before the bell.
Stonepeak is in advanced talks to acquire Air Transport Services Group , a provider of aircraft leasing and cargo transportation services, for about $3.1 billion including debt, people familiar with the matter said on Sunday.
Edelson Lechtzin LLP is investigating claims regarding data privacy violations by ATSG, Inc. NEWTOWN, PA / ACCESSWIRE / October 25, 2024 / The law firm of Edelson Lechtzin LLP is investigating claims regarding data privacy violations by ATSG, Inc. ("ATSG"). ATSG learned of suspicious activity around September 2024.
The consensus price target hints at a 26.5% upside potential for Air Transport Services (ATSG). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
COMM, CLPR, SVM, ATSG and HY have been added to the Zacks Rank #1 (Strong Buy) List on October 9, 2024.
Air Transport Service Group is benefiting from its robust cost-cutting initiatives. The decrease in operating expenses is boosting the company's bottom line.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
The mean of analysts' price targets for Air Transport Services (ATSG) points to a 31% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.