Air Transport Services Group Inc (NASDAQ: ATSG) on Friday, soared 2.68% from the previous trading day, before settling in for the closing price of $14.93. Within the past 52 weeks, ATSG’s price has moved between $11.62 and $22.13.
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Annual sales at Industrials sector company grew by 20.10% over the past five years. The company achieved an average annual earnings per share of -43.15%. With a float of $50.84 million, this company’s outstanding shares have now reached $65.24 million.
Let’s look at the performance matrix of the company that is accounted for 5095 employees. In terms of profitability, gross margin is 14.65%, operating margin of 7.3%, and the pretax margin is 1.54%.
Air Transport Services Group Inc (ATSG) Insider Updates
Observing investor behavior towards Airlines industry stocks is more important than anything else. The insider ownership of Air Transport Services Group Inc is 22.68%, while institutional ownership is 80.66%. The most recent insider transaction that took place on Jun 07 ’24, was worth 49,830. In this transaction Chief Executive Officer of this company bought 3,996 shares at a rate of $12.47, taking the stock ownership to the 103,705 shares. Before that another transaction happened on Jun 07 ’24, when Company’s Executive Chairman bought 5,000 for $12.81, making the entire transaction worth $64,058. This insider now owns 594,302 shares in total.
Air Transport Services Group Inc (ATSG) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around -43.15% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 0.50% during the next five years compared to -4.66% drop over the previous five years of trading.
Air Transport Services Group Inc (NASDAQ: ATSG) Trading Performance Indicators
Air Transport Services Group Inc (ATSG) is currently performing well based on its current performance indicators. A quick ratio of 0.62 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.50.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.25, a number that is poised to hit 0.17 in the next quarter and is forecasted to reach 1.08 in one year’s time.
Technical Analysis of Air Transport Services Group Inc (ATSG)
Air Transport Services Group Inc (NASDAQ: ATSG) saw its 5-day average volume 0.51 million, a negative change from its year-to-date volume of 0.54 million. As of the previous 9 days, the stock’s Stochastic %D was 30.82%. Additionally, its Average True Range was 0.67.
During the past 100 days, Air Transport Services Group Inc’s (ATSG) raw stochastic average was set at 69.20%, which indicates a significant increase from 42.76% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 49.91% in the past 14 days, which was lower than the 50.61% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $15.30, while its 200-day Moving Average is $14.49. Nevertheless, the first resistance level for the watch stands at $15.58 in the near term. At $15.84, the stock is likely to face the second major resistance level. The third major resistance level sits at $16.10. If the price goes on to break the first support level at $15.06, it is likely to go to the next support level at $14.80. Assuming the price breaks the second support level, the third support level stands at $14.54.
Air Transport Services Group Inc (NASDAQ: ATSG) Key Stats
Market capitalization of the company is 1.01 billion based on 65,724K outstanding shares. Right now, sales total 2,071 M and income totals 60,330 K. The company made 488,410 K in profit during its latest quarter, and 7,430 K in sales during its previous quarter.
