Shares of Atlas Air Worldwide Holdings (NASDAQ:AAWW) have been given an average recommendation of “Hold” by the eight ratings firms that are presently covering the company. One analyst has rated the stock with a sell recommendation, five have given a hold recommendation and two have assigned a buy recommendation to the company. The average 1 year price target among brokers that have covered the stock in the last year is $48.40.

Several equities analysts recently commented on the stock. Zacks Investment Research downgraded shares of Atlas Air Worldwide Holdings from a “buy” rating to a “hold” rating in a report on Friday, November 18th. Imperial Capital started coverage on shares of Atlas Air Worldwide Holdings in a research note on Thursday, November 17th. They issued an “outperform” rating and a $60.00 target price on the stock. Cowen and Company upped their target price on shares of Atlas Air Worldwide Holdings from $42.00 to $45.00 and gave the stock a “market perform” rating in a research note on Friday, November 4th. Royal Bank Of Canada dropped their target price on shares of Atlas Air Worldwide Holdings from $49.00 to $44.00 and set a “sector perform” rating on the stock in a research note on Thursday, August 4th. Finally, RBC Capital Markets restated a “sector perform” rating and issued a $44.00 target price (down from $49.00) on shares of Atlas Air Worldwide Holdings in a research note on Thursday, August 4th.

Shares of Atlas Air Worldwide Holdings (NASDAQ:AAWW) opened at 49.95 on Friday. Atlas Air Worldwide Holdings has a 12 month low of $31.99 and a 12 month high of $57.77. The company’s market cap is $1.25 billion. The company’s 50 day moving average is $45.08 and its 200 day moving average is $41.77.

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 the consensus estimate of $1.14 by $0.05. The firm had revenue of $448.02 million for the quarter, compared to the consensus estimate of $474.76 million. Atlas Air Worldwide Holdings had a negative net margin of 1.37% and a positive return on equity of 6.45%. The business’s revenue for the quarter was down .4% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.23 earnings per share. On average, equities research analysts predict that Atlas Air Worldwide Holdings will post $4.44 EPS for the current fiscal year.

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In other news, CEO William J. Flynn sold 5,000 shares of the company’s stock in a transaction that occurred on Monday, November 28th. The shares were sold at an average price of $50.80, for a total value of $254,000.00. Following the completion of the sale, the chief executive officer now owns 286,958 shares of the company’s stock, valued at approximately $14,577,466.40. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 2.10% of the stock is currently owned by insiders.

Large investors have recently made changes to their positions in the company. Verition Fund Management LLC acquired a new stake in shares of Atlas Air Worldwide Holdings during the third quarter valued at $473,000. The Manufacturers Life Insurance Company acquired a new stake in shares of Atlas Air Worldwide Holdings during the third quarter valued at $717,000. Irving Magee Investment Management boosted its stake in shares of Atlas Air Worldwide Holdings by 27.2% in the third quarter. Irving Magee Investment Management now owns 150,719 shares of the company’s stock valued at $6,454,000 after buying an additional 32,250 shares during the last quarter. SG Capital Management LLC acquired a new stake in shares of Atlas Air Worldwide Holdings during the third quarter valued at $7,247,000. Finally, Anchor Capital Advisors LLC boosted its stake in shares of Atlas Air Worldwide Holdings by 1.9% in the third quarter. Anchor Capital Advisors LLC now owns 16,419 shares of the company’s stock valued at $703,000 after buying an additional 299 shares during the last quarter. 98.03% of the stock is owned by hedge funds and other institutional investors.

Atlas Air Worldwide Holdings Company Profile

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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