Air Transport Services Group Inc (NASDAQ: ATSG). Notable negative changes in fundamentals have recently occurred: the consensus estimate for December, 2024 decreased significantly, significant quarterly earnings deceleration occurred, and the consensus estimate for December, 2025 decreased significantly.
Significant negative changes in investment behavior have recently occurred for Air Transport Services Group Inc (NASDAQ: ATSG): the stock fell on very heavy volume.
In light of these highly negative signals we are reviewing our current Overall Rating of D. We would continue to view the shares with caution pending completion of this review in the next several days.
Current PriceTarget Research Rating
ATSG’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be a modest Value Builder.
Air Transport Services Group has a current Value Trend Rating of D (Negative). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. Air Transport Services Group has a good Appreciation Score of 79 but a very low Power Rating of 8, triggering the Negative Value Trend Rating.
Recent Price Action
Air Transport Services Group Inc (NASDAQ: ATSG) stock declined slightly by -1.0% on 3/8/24. The stock closed at $13.15. Moreover, this decline was accompanied by exceptionally high trading volume at 230% of normal. The stock has risen 8.9% during the last week but has been extremely weak relative to the market over the last nine months.
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