Air Transport Services Group (ATSG) Receiving Positive News Coverage, Study Shows
Media coverage about Air Transport Services Group (NASDAQ:ATSG) has trended positive on Wednesday, Accern reports. The research firm rates the sentiment of news coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Air Transport Services Group earned a media sentiment score of 0.32 on Accern’s scale. Accern also assigned media headlines about the transportation company an impact score of 46.178911835349 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
Air Transport Services Group (ATSG) opened at $24.41 on Wednesday. Air Transport Services Group has a twelve month low of $15.34 and a twelve month high of $27.67. The company has a market capitalization of $1,489.26, a P/E ratio of -18.63 and a beta of 1.88. The company has a debt-to-equity ratio of 1.62, a current ratio of 0.97 and a quick ratio of 0.87.
ATSG has been the topic of several recent research reports. Zacks Investment Research cut Air Transport Services Group from a “hold” rating to a “sell” rating in a report on Wednesday, November 8th. BidaskClub upgraded Air Transport Services Group from a “buy” rating to a “strong-buy” rating in a report on Thursday, January 25th. Stephens reiterated a “buy” rating and issued a $32.00 price objective on shares of Air Transport Services Group in a report on Wednesday, January 10th. Stifel Nicolaus reiterated a “hold” rating and issued a $22.00 price objective (up from $20.00) on shares of Air Transport Services Group in a report on Tuesday, November 7th. Finally, ValuEngine cut Air Transport Services Group from a “buy” rating to a “hold” rating in a report on Friday, December 1st. Four investment analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. Air Transport Services Group presently has an average rating of “Buy” and a consensus target price of $25.57.
About Air Transport Services Group
Air Transport Services Group, Inc (ATSG) is a holding company. The Company provides airline operations, aircraft leases, aircraft maintenance and other support services primarily to the cargo transportation and package delivery industries. It offers aircraft, crew, maintenance and insurance (ACMI) for specified cargo operations.
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