Air Transport Services Group Inc (NASDAQ: ATSG) has recently experienced meaningful negative changes in fundamentals: the consensus estimate for December, 2023 decreased significantly, significant quarterly earnings deceleration occurred, and the consensus estimate for December, 2024 decreased significantly.
Recent meaningful negative changes in investment behavior have impacted Air Transport Services Group Inc (NASDAQ: ATSG): negative upside/downside volume developed.
In light of these highly negative signals we are reviewing our current Overall Rating of A. We would view the shares with caution pending completion of this review in the next several days.
Current PriceTarget Research Rating
ATSG is expected to continue to be a modest Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
Air Transport Services Group has a current Value Trend Rating of A (Highest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing consistent signals. Air Transport Services Group has a slightly positive Power Rating of 64 and a good Appreciation Score of 82, triggering the Highest Value Trend Rating.
Recent Price Action
Air Transport Services Group Inc (NASDAQ: ATSG) stock closed at $14.99 on 11/10/23 after a large increase of 3.8%. The stock has declined -25.6% during the last week but has been strong relative to the market over the last nine months.
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