Equities researchers at Imperial Capital began coverage on shares of Atlas Air Worldwide Holdings (NASDAQ:AAWW) in a report released on Thursday. The brokerage set an “outperform” rating and a $60.00 price target on the stock. Imperial Capital’s price objective suggests a potential upside of 21.70% from the stock’s current price.

A number of other brokerages have also commented on AAWW. Zacks Investment Research upgraded shares of Atlas Air Worldwide Holdings from a “hold” rating to a “buy” rating and set a $57.00 price target on the stock in a report on Tuesday. Cowen and Company lifted their price target on shares of Atlas Air Worldwide Holdings from $42.00 to $45.00 and gave the stock a “market perform” rating in a report on Friday, November 4th. Royal Bank Of Canada cut their price target on shares of Atlas Air Worldwide Holdings from $49.00 to $44.00 and set a “sector perform” rating on the stock in a report on Thursday, August 4th. RBC Capital Markets reiterated a “sector perform” rating and set a $44.00 price target (down previously from $49.00) on shares of Atlas Air Worldwide Holdings in a report on Thursday, August 4th. Finally, Stifel Nicolaus assumed coverage on shares of Atlas Air Worldwide Holdings in a report on Thursday, August 25th. They set a “buy” rating and a $49.00 price target on the stock. One investment analyst has rated the stock with a sell rating, four have given a hold rating and three have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus target price of $49.83.

Analyst Recommendations for Atlas Air Worldwide Holdings (NASDAQ:AAWW)

Shares of Atlas Air Worldwide Holdings (NASDAQ:AAWW) opened at 49.30 on Thursday. Atlas Air Worldwide Holdings has a 12 month low of $31.99 and a 12 month high of $57.77. The stock’s market cap is $1.23 billion. The stock has a 50 day moving average price of $43.36 and a 200-day moving average price of $41.48.

Atlas Air Worldwide Holdings (NASDAQ:AAWW) last issued its quarterly earnings results on Thursday, November 3rd. The company reported $1.09 EPS for the quarter, missing analysts’ consensus estimates of $1.14 by $0.05. The business had revenue of $448.02 million for the quarter, compared to analyst estimates of $474.76 million. Atlas Air Worldwide Holdings had a positive return on equity of 6.45% and a negative net margin of 1.37%. Atlas Air Worldwide Holdings’s revenue for the quarter was down .4% on a year-over-year basis. During the same quarter last year, the firm posted $1.23 EPS. On average, analysts forecast that Atlas Air Worldwide Holdings will post $4.45 EPS for the current fiscal year.

In related news, Director John K. Wulff acquired 5,000 shares of the company’s stock in a transaction dated Monday, August 29th. The shares were purchased at an average price of $35.90 per share, for a total transaction of $179,500.00. Following the completion of the acquisition, the director now owns 25,000 shares of the company’s stock, valued at $897,500. The acquisition was disclosed in a filing with the SEC, which is available through the SEC website. Insiders own 2.10% of the company’s stock.

Institutional investors have recently made changes to their positions in the stock. PineBridge Investments L.P. increased its stake in Atlas Air Worldwide Holdings by 4.5% in the second quarter. PineBridge Investments L.P. now owns 3,146 shares of the company’s stock valued at $131,000 after buying an additional 136 shares during the last quarter. Nisa Investment Advisors LLC increased its stake in Atlas Air Worldwide Holdings by 750.0% in the second quarter. Nisa Investment Advisors LLC now owns 3,400 shares of the company’s stock valued at $141,000 after buying an additional 3,000 shares during the last quarter. Barnett & Company Inc. acquired a new stake in Atlas Air Worldwide Holdings during the first quarter valued at approximately $158,000. Mason Street Advisors LLC acquired a new stake in Atlas Air Worldwide Holdings during the second quarter valued at approximately $201,000. Finally, Dynamic Technology Lab Private Ltd acquired a new stake in Atlas Air Worldwide Holdings during the second quarter valued at approximately $205,000. Hedge funds and other institutional investors own 96.16% of the company’s stock.

About Atlas Air Worldwide Holdings

Atlas Air Worldwide Holdings, Inc, (AAWW) is a holding company with a principal operating subsidiary, Atlas Air, Inc (Atlas). The Company is a provider of outsourced aircraft and aviation operating services, operating a fleet of 750 freighters, as well as operating 747 and 767 passenger aircraft and 767 freighters.

5 Day Chart for NASDAQ:AAWW

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