Air Transport Services Group Inc (NASDAQ: ATSG) has reported a loss for its third fiscal quarter (ending September 30) of $-0.05 versus $0.26 for the same period a year ago — a decline of -119%. This result fell short of the consensus estimate of $0.17 by $-0.22. For the latest four quarters through September 30, E.P.S. were $-0.04 compared to $1.66 a year ago — a decline of -102%.
Recent Price Action
On 11/8/24, Air Transport Services Group Inc (NASDAQ: ATSG) stock declined slightly by -0.1%, closing at $22.01. Moreover, trading volume in this decline was exceptionally high at 309% of normal. Relative to the market the stock has been exceptionally strong over the last nine months and has risen 27.7% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be in line with the cost of capital, ATSG is expected to be Value Creation neutral.
Air Transport Services Group has a current Value Trend Rating of A (Highest Rating). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Air Transport Services Group has a good Appreciation Score of 70 and a very high Power Rating of 93, producing the Highest Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
Be the first to comment