ATSG - Air Transport Services Group Inc Stock Price, Fair Value and News

14.61-0.03 (-0.20%)Market Closed

Market Summary

14.61-0.03

Market Closed

-0.20%

ATSG Alerts

Big fall in earnings (Y/Y)

ATSG Stock Price

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ATSG RSI Chart

ATSG Valuation

Market Cap

960.2M

Price/Earnings (Trailing)

19.67

Price/Sales (Trailing)

0.47

EV/EBITDA

5.32

Price/Free Cashflow

-8.51

ATSG Price/Sales (Trailing)

ATSG Profitability

EBT Margin

3.41%

Return on Equity

3.53%

Return on Assets

1.25%

Free Cashflow Yield

-11.75%

ATSG Fundamentals

ATSG Revenue

Revenue (TTM)

2.1B

Rev. Growth (Yr)

-3.11%

Rev. Growth (Qtr)

-6.1%

ATSG Earnings

Earnings (TTM)

48.8M

Earnings Growth (Yr)

-57.21%

Earnings Growth (Qtr)

157.43%

Breaking Down ATSG Revenue

Last 7 days

-1.6%

Last 30 days

17.3%

Last 90 days

2.1%

Trailing 12 Months

-12.7%

How does ATSG drawdown profile look like?

ATSG Financial Health

Current Ratio

0.75

Debt/Equity

1.24

Debt/Cashflow

0.33

ATSG Investor Care

Buy Backs (1Y)

8.18%

Diluted EPS (TTM)

0.7

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2024	2.1B	0	0	0
2023	2.1B	2.1B	2.1B	2.1B
2022	1.8B	1.9B	2.0B	2.0B
2021	1.6B	1.6B	1.7B	1.7B
2020	1.5B	1.5B	1.6B	1.6B
2019	1.0B	1.2B	1.3B	1.5B
2018	1.0B	983.7M	934.5M	892.3M
2017	829.4M	906.1M	966.9M	1.1B
2016	649.6M	677.8M	728.8M	768.9M
2015	593.0M	591.8M	595.6M	619.3M
2014	580.3M	591.1M	588.6M	589.6M
2013	605.2M	590.6M	577.6M	580.0M
2012	700.5M	661.0M	619.4M	607.4M
2011	681.6M	714.5M	742.3M	730.1M
2010	0	771.4M	719.4M	667.4M
2009	0	0	0	823.5M

Get all data in R, Python etc through our Historical Stock Data APIs

Tracking the Latest Insider Buys and Sells of Air Transport Services Group Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Apr 03, 2024	rademacher randy d	acquired	69,444	13.12	5,293	-
Apr 03, 2024	vorholt jeffrey j	acquired	69,444	13.12	5,293	-
Apr 03, 2024	peterson laura j.	acquired	69,444	13.12	5,293	-
Apr 03, 2024	dominick jeffrey a.	acquired	69,444	13.12	5,293	-
Mar 04, 2024	rademacher randy d	acquired	71,590	12.54	5,709	-
Feb 28, 2024	berger michael l	acquired	39,215	12.19	3,217	president
Feb 28, 2024	berger michael l	acquired	599,748	12.19	49,200	president
Feb 28, 2024	fedders matthew e.	acquired	5,522	12.19	453	vp, controller
Feb 28, 2024	turner quint o	acquired	37,459	12.19	3,073	chief financial officer
Feb 28, 2024	koharik edward joseph iii	acquired	343,758	12.19	28,200	chief operating officer

Which funds bought or sold ATSG recently?

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Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 16, 2024	CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM	reduced	-20.7	-167,714	273,205	-%
May 16, 2024	JANE STREET GROUP, LLC	added	96.00	441,315	1,271,640	-%
May 16, 2024	COMERICA BANK	reduced	-98.7	-2,686,440	27,504	-%
May 15, 2024	Point72 Asset Management, L.P.	new	-	359,136	359,136	-%
May 15, 2024	BANK OF AMERICA CORP /DE/	reduced	-9.46	-454,378	1,098,860	-%
May 15, 2024	Point72 Asia (Singapore) Pte. Ltd.	new	-	95,288	95,288	0.03%
May 15, 2024	AMERIPRISE FINANCIAL INC	new	-	210,102	210,102	-%
May 15, 2024	CITADEL ADVISORS LLC	reduced	-58.09	-3,149,800	1,533,840	-%
May 15, 2024	KENNEDY CAPITAL MANAGEMENT LLC	reduced	-13.28	-3,089,880	6,493,850	0.13%
May 15, 2024	STATE STREET CORP	reduced	-0.28	-5,456,510	19,253,200	-%

Are Funds Buying or Selling ATSG?

Are funds buying ATSG calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own ATSG

No. of Funds

ATSG Alerts

Big fall in earnings (Y/Y)

Unveiling Air Transport Services Group Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 13, 2024	vanguard group inc	9.28%	6,055,101	SC 13G/A
Feb 09, 2024	dimensional fund advisors lp	6.1%	4,013,265	SC 13G
Jan 30, 2024	river road asset management, llc	12.9%	8,439,673	SC 13G/A
Jan 30, 2024	amazon com inc	999%	13,124,058	SC 13G/A
Jan 29, 2024	blackrock inc.	6.3%	4,106,630	SC 13G/A
Nov 08, 2023	jpmorgan chase & co	3.6%	2,564,124	SC 13G/A
Jul 10, 2023	fmr llc	-	0	SC 13G/A
Feb 10, 2023	amazon com inc	999%	14,601,415	SC 13G/A
Feb 09, 2023	fmr llc	-	0	SC 13G/A
Feb 09, 2023	vanguard group inc	8.93%	6,491,591	SC 13G/A

Recent SEC filings of Air Transport Services Group Inc

View All Filings

Date Filed	Form Type	Document
May 10, 2024	8-K/A	Current Report
May 09, 2024	10-Q	Quarterly Report
May 08, 2024	4	Insider Trading
May 07, 2024	8-K	Current Report
May 06, 2024	8-K	Current Report
Apr 19, 2024	PX14A6G	PX14A6G
Apr 17, 2024	4/A	Insider Trading
Apr 11, 2024	DEFA14A	DEFA14A
Apr 11, 2024	DEF 14A	DEF 14A
Apr 11, 2024	ARS	ARS

Peers (Alternatives to Air Transport Services Group Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
DAL	34.0B	59.0B	10.07%	46.84%	6.79	0.58	9.34%	164.26%
UAL	18.1B	54.8B	12.80%	14.23%	6.73	0.33	12.31%	40.00%
LUV	16.7B	26.7B	-3.16%	-6.98%	51.56	0.62	7.60%	-43.44%
MID-CAP
AAL	9.7B	53.2B	6.12%	-2.06%	19.34	0.18	1.74%	-71.78%
ALK	5.5B	10.5B	1.38%	-4.01%	22.43	0.53	2.96%	315.25%
JBLU	2.1B	9.5B	-11.71%	-16.48%	-2.46	0.22	-2.60%	-178.93%
SMALL-CAP
ALGT	965.4M	2.5B	-13.57%	-48.49%	15.95	0.38	2.66%	-9.01%
ATSG	960.2M	2.1B	17.35%	-12.72%	19.67	0.47	-0.28%	-71.11%
HA	705.7M	2.7B	2.72%	66.59%	-2.35	0.26	-0.99%	-46.20%
SAVE	415.0M	5.3B	-7.79%	-75.98%	-0.85	0.08	-3.17%	-4.93%
MESA	36.0M	498.1M	8.64%	-52.43%	-0.27	0.07	-6.20%	34.25%

Air Transport Services Group Inc News

Latest updates

Air Transport Services Group Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	-6.1%	486	517	523	529	501	533	517	510	486	482	466	410	376	399	404	378	389	403	366	335	348
Costs and Expenses	-5.8%	453	480	477	460	454	461	444	439	416	-	-	-	-	-	-	-	-	-	-	-	-
Operating Expenses	-	-	-	-	-	-	-	444	439	416	402	366	325	319	340	330	355	339	351	325	297	302
EBITDA Margin	-0.9%	0.24*	0.24*	0.27*	0.29*	0.29*	0.31*	0.32*	0.34*	0.37*	0.39*	0.36*	0.32*	-	-	-	-	-	-	-	-	-
Interest Expenses	-100.0%	-	21.00	19.00	17.00	16.00	14.00	12.00	9.00	11.00	15.00	14.00	15.00	15.00	15.00	15.00	16.00	16.00	16.00	17.00	17.00	17.00
Income Taxes	95775.0%	4.00	0.00	6.00	12.00	6.00	19.00	15.00	15.00	15.00	16.00	19.00	24.00	13.00	-1.08	11.00	-1.03	7.00	-2.50	6.00	3.00	5.00
Earnings Before Taxes	179.8%	12.00	-15.59	24.00	50.00	27.00	61.00	65.00	69.00	65.00	61.00	81.00	104	55.00	1.00	6.00	-106	141	-43.61	111	-23.48	28.00
EBT Margin	-16.1%	0.03*	0.04*	0.08*	0.10*	0.11*	0.13*	0.13*	0.14*	0.17*	0.17*	0.15*	0.10*	-	-	-	-	-	-	-	-	-
Net Income	157.4%	9.00	-15.01	17.00	38.00	20.00	43.00	51.00	55.00	50.00	45.00	65.00	80.00	42.00	2.00	-5.59	-104	138	-41.10	105	-26.63	23.00
Net Income Margin	-18.5%	0.02*	0.03*	0.06*	0.07*	0.08*	0.10*	0.10*	0.11*	0.13*	0.13*	0.11*	0.07*	-	-	-	-	-	-	-	-	-
Free Cashflow	128.6%	24.00	-84.12	-50.90	-1.93	-2.42	-77.02	-6.29	-61.42	17.00	78.00	-5.83	8.00	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	0.2%	3,892	3,882	3,846	3,753	3,702	3,590	3,525	3,460	3,287	3,267	3,222	3,211	3,048	3,002	2,963	2,937	2,920	2,820	2,745	2,703	2,632
Current Assets	-8.8%	315	346	364	351	408	418	389	390	331	353	312	333	-	273	273	288	307	267	234	239	239
Cash Equivalents	-100.0%	-	54.00	51.00	43.00	90.00	27.00	54.00	47.00	36.00	69.00	-	-	-	40.00	-	-	-	46.00	-	-	-
Inventory	-0.2%	50.00	50.00	51.00	58.00	58.00	58.00	55.00	54.00	50.00	49.00	51.00	45.00	-	40.00	40.00	40.00	43.00	37.00	33.00	36.00	33.00
Net PPE	1.6%	2,866	2,821	2,750	2,679	2,554	2,402	2,339	2,271	2,182	2,130	2,136	2,097	1,987	1,940	1,905	1,877	1,835	1,766	1,707	1,651	1,570
Goodwill	0%	396	396	-	-	-	-	-	396	396	396	396	396	396	396	396	396	396	396	396	396	396
Liabilities	-0.1%	2,510	2,513	2,498	2,309	2,288	2,177	2,060	2,048	1,933	1,945	2,039	2,096	-	2,146	2,248	2,441	2,321	2,360	2,264	2,333	2,241
Current Liabilities	4.9%	420	400	394	393	347	307	319	328	318	313	286	336	-	302	313	303	254	263	277	259	242
Long Term Debt	-100.0%	-	1,708	1,691	1,515	1,544	1,464	1,369	1,359	1,273	1,299	1,369	1,398	-	1,465	1,467	1,506	1,547	1,470	1,408	1,403	1,373
Shareholder's Equity	0.9%	1,381	1,369	1,348	1,443	1,414	1,413	1,466	1,411	1,354	1,322	1,183	1,115	900	855	715	497	599	460	481	371	391
Retained Earnings	1.5%	598	589	604	587	549	529	486	435	380	330	265	200	-	78.00	73.00	78.00	183	46.00	86.00	-19.24	7.00
Additional Paid-In Capital	0.3%	838	836	836	951	964	986	1,039	1,037	1,035	1,074	992	990	-	856	701	478	476	476	475	473	471
Shares Outstanding	0.7%	66.00	65.00	65.00	71.00	71.00	72.00	74.00	74.00	74.00	69.00	67.00	64.00	-	-	-	-	-	-	-	-	-
Float	-	-	-	-	874	-	-	-	1,459	-	-	-	1,158	-	-	-	1,298	-	-	-	1,416	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	-1.2%	126,420	127,988	117,517	192,198	216,378	74,050	147,861	124,541	125,668	154,319	122,047	182,744	124,447	89,018	174,288	149,962	99,034	89,800	97,695	102,041	107,402
Share Based Compensation	27.0%	2,600	2,047	2,503	2,561	1,405	2,193	2,295	2,200	1,654	1,862	2,045	1,729	1,750	1,691	1,835	2,130	1,821	1,721	1,887	1,920	1,474
Cashflow From Investing	42.5%	-111,226	-193,505	-169,144	-193,539	-209,741	-139,231	-150,231	-202,425	-108,176	-60,719	-124,750	-174,913	-127,094	-105,029	-131,780	-115,846	-146,512	-119,439	-112,499	-127,420	-107,700
Cashflow From Financing	-166.5%	-45,568	68,487	59,062	-45,111	55,831	37,829	9,705	89,497	-51,450	-73,912	-32,398	25,419	14,587	-5,348	-41,683	-44,926	72,340	29,007	6,853	30,756	-9,617
Buy Backs	-100.0%	-	74,291	-54.00	-15,096	21,918	53,868	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-

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ATSG Income Statement

2024-03-31

Unaudited Condensed Consolidated Statements of Operations - USD ($) shares in Thousands, $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
REVENUES	$ 485,517	$ 501,095
OPERATING EXPENSES
Salaries, wages and benefits	171,482	176,715
Depreciation and amortization	90,380	84,728
Maintenance, materials and repairs	49,883	43,833
Fuel	63,545	66,755
Contracted ground and aviation services	15,706	17,788
Travel	30,446	29,553
Landing and ramp	4,030	4,124
Rent	7,532	8,112
Insurance	2,736	2,548
Other operating expenses	16,773	19,516
Costs and Expenses	452,513	453,672
OPERATING INCOME	33,004	47,423
OTHER INCOME (EXPENSE)
Interest income	239	215
Non-service component of retiree benefit costs	(1,085)	(3,218)
Net gain (loss) on financial instruments	2,355	(1,740)
Loss from non-consolidated affiliate	(79)	(406)
Interest expense	(21,988)	(15,705)
Nonoperating Income (Expense)	(20,558)	(20,854)
EARNINGS FROM CONTINUING OPERATIONS BEFORE INCOME TAXES	12,446	26,569
INCOME TAX EXPENSE	(3,827)	(6,428)
EARNINGS FROM CONTINUING OPERATIONS	8,619	20,141
EARNINGS FROM DISCONTINUED OPERATIONS, NET OF TAXES	0	0
NET EARNINGS	$ 8,619	$ 20,141
BASIC EARNINGS PER SHARE
Continuing operations (in dollars per share)	$ 0.13	$ 0.28
Discontinued operations (in dollars per share)	0	0
TOTAL BASIC EARNINGS PER SHARE (in dollars per share)	0.13	0.28
DILUTED EARNINGS PER SHARE
Continuing operations (in dollars per share)	0.13	0.25
Discontinued operations (in dollars per share)	0	0
TOTAL DILUTED EARNINGS PER SHARE (in dollars per share)	$ 0.13	$ 0.25
WEIGHTED AVERAGE SHARES
Basic (in shares)	64,973	71,802
Diluted (in shares)	67,235	83,057

ATSG Balance Sheet

2024-03-31

Unaudited Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
CURRENT ASSETS:
Cash, cash equivalents and restricted cash	$ 23,181	$ 53,555
Accounts receivable, net of allowance of $1,193 in 2024 and $1,065 in 2023	219,946	215,581
Inventory	49,847	49,939
Prepaid supplies and other	22,386	26,626
TOTAL CURRENT ASSETS	315,360	345,701
Property and equipment, net	2,866,335	2,820,769
Customer incentive	57,049	60,961
Goodwill and acquired intangibles	479,874	482,427
Operating lease assets	49,140	54,060
Other assets	123,979	118,172
TOTAL ASSETS	3,891,737	3,882,090
CURRENT LIABILITIES:
Accounts payable	249,828	227,652
Accrued salaries, wages and benefits	55,271	56,650
Accrued expenses	9,786	10,784
Current portion of debt obligations	54,768	54,710
Current portion of lease obligations	18,947	20,167
Unearned revenue	31,075	30,226
TOTAL CURRENT LIABILITIES	419,675	400,189
Long term debt	1,663,006	1,707,572
Stock obligations	1,626	1,729
Post-retirement obligations	17,504	19,368
Long-term lease obligation	31,250	34,990
Other liabilities	89,235	64,292
Deferred income taxes	288,016	285,248
TOTAL LIABILITIES	2,510,312	2,513,388
Commitments and contingencies (Note H)
STOCKHOLDERS’ EQUITY:
Preferred stock, 20,000,000 shares authorized, including 75,000 Series A Junior Participating Preferred Stock	0	0
Common stock, par value $0.01 per share; 150,000,000 shares authorized; 65,702,385 and 65,240,961 shares issued and outstanding in 2024 and 2023, respectively	657	652
Additional paid-in capital	838,402	836,270
Retained earnings	597,828	589,209
Accumulated other comprehensive loss	(55,462)	(57,429)
TOTAL STOCKHOLDERS’ EQUITY	1,381,425	1,368,702
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY	$ 3,891,737	$ 3,882,090

About Air Transport Services Group Inc

Air Transport Services Group, Inc., together with its subsidiaries, provides aircraft leasing, and air cargo transportation and related services in the United States and internationally. It operates in two segments: Cargo Aircraft Management Inc. (CAM), and ACMI Services. The company offers aircraft, flight crews, aircraft hull and liability insurance, and aviation fuel services; and aircraft maintenance and modification services, including airframe modification and heavy maintenance, component repairs, engineering services, and aircraft line maintenance. It also provides equipment maintenance services; cargo load transfer and package sorting services; crew training services; and airline express operation, line and heavy maintenance, and ground handling services. The company's ground support services include labor and management for cargo load transfer and sorting; design, installation, and maintenance of material handling equipment; leasing and maintenance of ground support equipment; and general facilities maintenance. In addition, it offers equipment installation and maintenance, vehicle maintenance and repair, jet fuel, and deicing services. Further, the company operates cargo and passenger transportation business; resells and brokers aircraft parts; and performs passenger-to-freighter and passenger-to-combi conversions of aircrafts. It provides its services to delivery companies, freight forwarders, airlines, air transportation, e-commerce, package delivery, and logistics industries, as well as government customers. As of December 31, 2022, the company's in-service aircraft fleet consisted of 111 owned Boeing aircraft and 17 leased aircraft. The company was formerly known as ABX Holdings, Inc. and changed its name to Air Transport Services Group, Inc. The company was founded in 1980 and is headquartered in Wilmington, Ohio.

CEO	Mr. Richard F. Corrado
WEBSITE	atsginc.com
INDUSTRY	Airlines
EMPLOYEES	5320

Air Transport Services Group Inc Frequently Asked Questions

What is the ticker symbol for Air Transport Services Group Inc? What does ATSG stand for in stocks?

ATSG is the stock ticker symbol of Air Transport Services Group Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Air Transport Services Group Inc (ATSG)?

As of Fri May 17 2024, market cap of Air Transport Services Group Inc is 960.22 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of ATSG stock?

You can check ATSG's fair value in chart for subscribers.

What is the fair value of ATSG stock?

You can check ATSG's fair value in chart for subscribers. The fair value of Air Transport Services Group Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Air Transport Services Group Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for ATSG so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Air Transport Services Group Inc a good stock to buy?

The fair value guage provides a quick view whether ATSG is over valued or under valued. Whether Air Transport Services Group Inc is cheap or expensive depends on the assumptions which impact Air Transport Services Group Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for ATSG.

What is Air Transport Services Group Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri May 17 2024, ATSG's PE ratio (Price to Earnings) is 19.67 and Price to Sales (PS) ratio is 0.47. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. ATSG PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Air Transport Services Group Inc's stock?

In the past 10 years, Air Transport Services Group Inc has provided 0.051 (multiply by 100 for percentage) rate of return.