Air Transport Services Group, Inc. (ATSG)
NASDAQ (NGS) NASDAQ (NGS) Primary 
Is Air Transport Services Group (ATSG) Stock Undervalued Right Now?
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.
Wall Street Analysts See a 26.54% Upside in Air Transport Services (ATSG): Can the Stock Really Move This High?
The average of price targets set by Wall Street analysts indicates a potential upside of 26.5% in Air Transport Services (ATSG). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.
Air Transport Services Group: A Buy On Market Stabilization And Amazon Opportunity
Air Transport Services Group faces declining revenues and fixed costs, but the air freight market shows signs of stabilization, potentially benefiting the company. Second quarter revenues fell 7.7%, with operating income dropping 55%, highlighting the challenge of reducing costs amid soft demand. Positive developments include a new contract with Amazon and updated guidance for 2024, reflecting lower CapEx and incremental earnings improvements.
Air Transport Services Trying To Recover From A Pandemic-Driven Air Cargo Hangover
Air Transport Services Group has been hit hard by a protracted downturn in air cargo driven by over-expansion in the boom times and weaker demand. Cargo metrics are recovering, though rates and load factors in North America still aren't great, and key customer DHL sounds more bullish on trends toward the end of the year. Larger air cargo trends were and are outside of management control, but prior management spent aggressively on uncovered capex and new management is taking a much more conservative approach.
Here's Why You Should Invest in Air Transport Services Stock Now
Air Transport Services' bottom line gains from declining operating expenses. The company's efforts to expand its fleet are also praiseworthy.
Wall Street Analysts Think Air Transport Services (ATSG) Could Surge 28.87%: Read This Before Placing a Bet
The mean of analysts' price targets for Air Transport Services (ATSG) points to a 28.9% 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.
Air Transport Services Group, Inc. (ATSG) Q2 2024 Earnings Call Transcript
Air Transport Services Group, Inc. (NASDAQ:ATSG ) Q2 2024 Earnings Conference Call August 9, 2024 10:00 AM ET Company Participants Joe Payne - Chief Legal Officer Joe Hete - Executive Chairman Mike Berger - Chief Executive Officer Quint Turner - CFO Jeffrey Dominick - President Conference Call Participants Frank Galanti - Stifel Christopher Stathoulopoulos - SIG Michael Ciarmoli - Truist Securities Isaac Sellhausen - Oppenheimer Ben Rubenstein - Robotti & Company Operator Good day, and thank you for standing by. Welcome to the Q2 2024 Air Transport Services Group, Inc. Earnings Conference Call.
Air Transport (ATSG) Q2 Earnings Beat Estimates & Revenues Lag
ACMI Services' revenues decrease 7.7% year over year at Air Transport (ATSG) in the second quarter of 2024.
Air Transport Services (ATSG) Reports Q2 Earnings: What Key Metrics Have to Say
Although the revenue and EPS for Air Transport Services (ATSG) give a sense of how its business performed in the quarter ended June 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Air Transport Services (ATSG) Tops Q2 Earnings Estimates
Air Transport Services (ATSG) came out with quarterly earnings of $0.19 per share, beating the Zacks Consensus Estimate of $0.16 per share. This compares to earnings of $0.57 per share a year ago.
Air Transport Services (ATSG) Q2 Earnings Coming Up: What Awaits?
Air Transport Services' (ATSG) Q2 performance is expected to have been affected by a weak demand scenario.
Stay Ahead of the Game With Air Transport Services (ATSG) Q2 Earnings: Wall Street's Insights on Key Metrics
Beyond analysts' top -and-bottom-line estimates for Air Transport Services (ATSG), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended June 2024.
