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Air Transport Services Group Inc Stock Research

ATSG

20.65USD+0.59(+2.94%)Market Closed

Market Summary

USD20.65+0.59
Market Closed
2.94%

ATSG Alerts

ATSG Stock Price

ATSG RSI Chart

ATSG Valuation

Market Cap

1.5B

Price/Earnings (Trailing)

7.31

Price/Sales (Trailing)

0.71

EV/EBITDA

4.57

Price/Free Cashflow

-11.41

ATSG Price/Sales (Trailing)

ATSG Profitability

EBT Margin

12.74%

Return on Equity

14.06%

Return on Assets

5.53%

Free Cashflow Yield

-8.77%

ATSG Fundamentals

ATSG Revenue

Revenue (TTM)

2.0B

Revenue Y/Y

10.5%

Revenue Q/Q

3.12%

ATSG Earnings

Earnings (TTM)

198.6M

Earnings Y/Y

-4.21%

Earnings Q/Q

-16.44%

Price Action

52 Week Range

19.8234.54
(Low)(High)

Last 7 days

4.1%

Last 30 days

2.1%

Last 90 days

-21.0%

Trailing 12 Months

-39.0%

ATSG Financial Health

Current Ratio

1.36

Debt/Equity

1.04

Debt/Cashflow

0.32

ATSG Investor Care

Buy Backs (1Y)

2.45%

Diluted EPS (TTM)

2.28

Peers (Alternatives to Air Transport Services Group)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
FDX
57.2B
94.1B
 8.14% -2.48%
17.16
0.61
 5.07% -32.20%
DAL
24.5B
50.6B
 -14.00% -15.25%
298.7
0.53
 69.18% 370.71%
LUV
17.9B
23.8B
 -9.71% -31.35%
18.7
0.75
 50.82% -2.15%
EXPD
16.3B
17.1B
 -1.64% 3.07%
11.99
0.95
 3.32% -4.10%
CHRW
11.2B
24.7B
 -3.27% -9.94%
11.93
0.45
 6.90% 11.40%
MID-CAP
XPO
3.6B
7.7B
 -8.75% -59.51%
5.38
0.46
 7.16% 95.31%
AAWW
2.9B
4.5B
 0.24% 22.01%
8.22
0.64
 12.86% -27.86%
FWRD
2.7B
2.0B
 -1.67% 5.75%
14.08
1.38
 18.71% 82.50%
JBLU
2.2B
9.2B
 -16.32% -53.16%
-6.16
0.24
 51.67% -98.90%
SMALL-CAP
SAVE
1.8B
5.1B
 -11.57% -22.05%
-3.29
0.36
 56.88% -17.26%
ATSG
1.5B
2.0B
 2.13% -38.98%
7.31
0.71
 17.94% -14.19%
RLGT
299.2M
727.6M
 -2.49% -16.72%
7.3
0.22
 -19.14% 92.40%
AIRT
64.5M
224.4M
 -0.13% -0.39%
-25.64
0.29
 30.18% -139.59%
HUBG
2.7M
5.3B
 -11.86% 3.00%
0.01
5e-4
 26.18% 108.16%

Financials for Air Transport Services Group

Income Statement (Last 12 Months)
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Revenue2.5%2,0451,9951,9441,8441,734
Operating Expenses4.8%1,7021,6241,5101,413-
EBITDA0.0%638638652686-
EBITDA Margin-2.5%0.31*0.32*0.34*0.37*-
Earnings Before Taxes0.2%260260276311301
EBT Margin-2.3%0.13*0.13*0.14*0.17*-
Interest Expenses-2.0%47.0048.0050.0056.0059.00
Net Income-0.9%199200214239231
Net Income Margin-3.4%0.10*0.10*0.11*0.13*-
Free Cahsflow-564.5%-12727.0028.0097.00-
Balance Sheet
(In Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Assets1.8%3,5903,5253,4603,2873,267
  Current Assets7.7%418389390331353
  Inventory4.4%58.0055.0054.0050.0049.00
  Net PPE2.7%2,4022,3392,2712,1822,130
  Goodwill0%396396396--
Liabilities5.7%2,1772,0602,0481,9331,945
  Current Liabilities-3.7%307319328318313
  Long Term Debt7.0%1,4641,3691,3591,2731,299
Shareholder's Equity-3.6%1,4131,4661,4111,3541,322
  Retained Earnings8.8%529486435380309
  Additional Paid-In Capital-5.1%9861,0391,0371,0351,074
Shares Outstanding-2.7%72.0074.0074.0074.0074.00
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Cashflow From Operations-14.5%472552527585584
  Share Based Compensation4.1%8.008.008.007.007.00
Cashflow From Investing-15.1%-600-521-496-468-487
Cashflow From Financing427.1%86.00-26.16-68.26-132-66.30

Risks for ATSG

What is the probability of a big loss on ATSG?

90.8%

Probability that Air Transport Services Group stock will be more than 20% underwater in next one year

34.2%

Probability that Air Transport Services Group stock will be more than 30% underwater in next one year.

15.4%

Probability that Air Transport Services Group stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does ATSG drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Air Transport Services Group was unfortunately bought at previous high price.

Drawdowns

Returns for ATSG

Cumulative Returns on ATSG

13.5%

10-Year Cumulative Returns

4.5%

7-Year Cumulative Returns

-1.8%

5-Year Cumulative Returns

6.3%

3-Year Cumulative Returns

What are the long-term rolling returns for ATSG?

FIve years rolling returns for Air Transport Services Group.

Annualized Returns

Which funds bought or sold ATSG recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-03-23
MetLife Investment Management, LLC
reduced
-2.57
39,345
815,019
 0.01%
2023-03-10
VICTORY CAPITAL MANAGEMENT INC
added
16.22
268,305
1,326,300
 -%
2023-03-06
Rockefeller Capital Management L.P.
unchanged
-
-
2,000
 -%
2023-02-28
Voya Investment Management LLC
reduced
-4.66
15,941
590,941
 -%
2023-02-21
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO
new
-
2,312
2,312
 -%
2023-02-21
MACQUARIE GROUP LTD
reduced
-4.32
889,000
28,840,000
 0.03%
2023-02-17
TRUIST FINANCIAL CORP
added
111
450,601
802,601
 -%
2023-02-17
EQUITABLE TRUST CO
unchanged
-
39,047
542,047
 0.04%
2023-02-16
HARBOUR INVESTMENTS, INC.
added
374
24,449
32,449
 -%
2023-02-15
CI Private Wealth, LLC
new
-
259,800
259,800
 -%

1–10 of 44

Latest Funds Activity

Are funds buying ATSG calls or puts?
Calls
Puts
Are funds bullish or bearish(Calls - Puts)?
Net Call Options
No. of funds that own ATSG
No. of Funds

ATSG Alerts

Air Transport Services Group News

Simply Wall St

Is Air Transport Services Group, Inc.'s (NASDAQ:ATSG) 14% ROE Strong Compared To Its Industry?.

Simply Wall St,
117 minutes ago

Simply Wall St

Companies Like Aura Biosciences (NASDAQ:AURA) Are In A Position To Invest In Growth.

Simply Wall St,
2 hours ago

Investing.com UK

Over $1M Bet On Stifel Financial? Check Out These 3 Stocks ....

Investing.com UK,
24 hours ago

Investing.com UK

Around $32M Bet On Southwest Gas? Check Out These 3 Stocks ....

Investing.com UK,
3 days ago

Nasdaq

New 52-Week Low Could Prompt More Insider Buying At ATSG.

Nasdaq,
7 days ago

Nasdaq

Air Transport Services Group Becomes Oversold (ATSG).

Nasdaq,
10 days ago

Marketscreener.com

ATSG Caps Record Year of Giving with Over $850,000 Raised for Charity.

Marketscreener.com,
11 days ago

MarketBeat

AlphaCrest Capital Management LLC Makes New Investment in Air ....

MarketBeat,
15 days ago

MarketBeat

Pier Capital LLC Has $7.27 Million Stock Holdings in Air Transport ....

MarketBeat,
16 days ago

Seeking Alpha

BEST stock rises on $20M buyback plan (NYSE:BEST).

Seeking Alpha,
20 days ago

FreightWaves

Amazon Air’s new reliance on hub airports increases efficiency.

FreightWaves,
21 days ago

Nasdaq

New Strong Sell Stocks for March 1st.

Nasdaq,
27 days ago

Simply Wall St

An Intrinsic Calculation For Air Transport Services Group, Inc. (NASDAQ:ATSG) Suggests It's 35% Undervalued.

Simply Wall St,
30 days ago

InvestorsObserver

Industrials Stocks Moving Up and Down Friday: BAER, BURU, LUNR, KTOS, ATSG, NVEE, DCFC, PSHG.

InvestorsObserver,
31 days ago

FreightWaves

Amazon contractor ATSG expects cargo jet usage to dip 5% in 2023.

FreightWaves,
32 days ago

Zacks Investment Research

What's in the Cards for Air Transport Services' (ATSG) Q4 Earnings?.

Zacks Investment Research,
33 days ago

Schedule 13G FIlings of Air Transport Services Group

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
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
Feb 08, 2023
river road asset management, llc
11.5%
8,371,070
SC 13G/A
Feb 01, 2023
blackrock inc.
5.2%
3,813,845
SC 13G/A
Jan 06, 2023
jpmorgan chase & co
5.0%
3,801,587
SC 13G
Feb 09, 2022
fmr llc
-
0
SC 13G/A
Feb 09, 2022
vanguard group inc
7.21%
5,350,663
SC 13G/A
Feb 09, 2022
river road asset management, llc
11.9%
8,808,005
SC 13G/A
Feb 02, 2022
amazon com inc
999%
14,927,501
SC 13G/A

ATSG Fair Value

Air Transport Services Group fair value in different scenarios

The table shows the Fair Value estimates for Air Transport Services Group for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
Fair ValueVery PessimisticPessimisticBase CaseOptimisticVery Optimistic
Very Low Inflation

45.69

121.26%

57.81

179.95%

77.89

277.19%

106.26

414.58%

138.04

568.47%
Current Inflation

42.08

103.78%

52.43

153.90%

69.26

235.40%

93.18

351.23%

119.93

480.77%
Very High Inflation

37.63

82.23%

45.93

122.42%

59.06

186.00%

77.96

277.53%

99.05

379.66%

Historical Air Transport Services Group Fair Value Estimates

Very Pessimistic Case
Pessimistic Case
Fair Value
Optimistic Case
Very Optimistic Case
Closing Stock Price

Recent SEC filings of Air Transport Services Group

View All Filings
Date Filed Form Type Document
Mar 24, 2023
4
Insider Trading
Mar 24, 2023
4
Insider Trading
Mar 24, 2023
4
Insider Trading
Mar 24, 2023
4
Insider Trading
Mar 24, 2023
4/A
Insider Trading
Mar 24, 2023
4/A
Insider Trading
Mar 23, 2023
4
Insider Trading
Mar 21, 2023
4
Insider Trading
Mar 20, 2023
4
Insider Trading
Mar 15, 2023
4
Insider Trading

Latest Insider Trading transactions for ATSG

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-03-24
Rademacher Randy D
bought
3,938
19.69
200
-
2023-03-24
Johns Raymond E Jr
gifted
-4,026
20.13
-200
-
2023-03-24
VORHOLT JEFFREY J
bought
4,900
19.6
250
-
2023-03-24
TURNER QUINT O
bought
19,730
19.73
1,000
chief financial officer
2023-03-23
HETE JOSEPH C
bought
19,970
19.97
1,000
-
2023-03-20
Johns Raymond E Jr
bought
25,966
20.1292
1,290
-
2023-03-20
VORHOLT JEFFREY J
bought
2,508
20.07
125
-
2023-03-20
Johns Raymond E Jr
bought
23,954
20.13
1,190
-
2023-03-14
Teets John Christopher
bought
21,030
21.03
1,000
-
2023-03-14
PAYNE W JOSEPH
bought
42,120
21.06
2,000
chief legal officer & sec.

1–10 of 50

About Air Transport Services Group

ATSG Income Statement

2022-12-31
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Income Statement [Abstract]   
REVENUES$ 2,045,469$ 1,734,282$ 1,570,575
OPERATING EXPENSES   
Salaries, wages and benefits666,950591,280518,961
Depreciation and amortization331,064308,448278,067
Maintenance, materials and repairs162,122173,364179,315
Fuel275,512173,600148,383
Contracted ground and aviation services77,02675,72463,564
Travel111,98986,60177,382
Landing and ramp16,58314,24412,468
Rent30,43723,69519,299
Insurance9,66612,5889,903
Other operating expenses78,63765,17964,999
Government grants0(111,673)(47,231)
Impairment of aircraft and related assets0039,075
Operating expenses1,759,9861,413,0501,364,185
OPERATING INCOME285,483321,232206,390
OTHER INCOME (EXPENSE)   
Interest income41539222
Non-service component of retiree benefit gains20,04617,82712,032
Debt issuance costs0(6,505)0
Net gain (loss) on financial instruments9,02229,979(100,771)
Loss from non-consolidated affiliate(7,607)(2,577)(13,587)
Interest expense(46,861)(58,790)(62,893)
Other Nonoperating Income (Expense)(24,985)(20,027)(164,997)
EARNINGS FROM CONTINUING OPERATIONS BEFORE INCOME TAXES260,498301,20541,393
INCOME TAX EXPENSE(64,060)(72,225)(16,314)
EARNINGS FROM CONTINUING OPERATIONS196,438228,98025,079
EARNINGS FROM DISCONTINUED OPERATIONS, NET OF TAXES2,1432,4407,036
NET EARNINGS$ 198,581$ 231,420$ 32,115
BASIC EARNINGS PER SHARE   
Basic earnings per share from continuing operations (in dollars per share)$ 2.67$ 3.33$ 0.42
Discontinued operations (in dollars per share)0.030.030.12
TOTAL BASIC EARNINGS PER SHARE (in dollars per share)2.703.360.54
DILUTED EARNINGS PER SHARE   
Diluted earnings per share from continuing operations (in dollars per share)2.262.800.42
Discontinued operations (in dollars per share)0.020.030.12
TOTAL DILUTED NET EARNINGS PER SHARE (in dollars per share)$ 2.28$ 2.83$ 0.54
WEIGHTED AVERAGE SHARES   
Basic (in shares)73,61168,85359,128
Diluted (in shares)88,32476,21659,931

ATSG Balance Sheet

2022-12-31
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
CURRENT ASSETS:  
Cash, cash equivalents and restricted cash$ 27,134$ 69,496
Accounts receivable, net of allowance of $939 in 2022 and $742 in 2021301,622205,399
Inventory57,76449,204
Prepaid supplies and other31,95628,742
TOTAL CURRENT ASSETS418,476352,841
Property and equipment, net2,402,4082,129,934
Customer incentive79,650102,913
Goodwill and acquired intangibles492,642505,125
Operating lease assets74,07062,644
Other assets122,647113,878
TOTAL ASSETS3,589,8933,267,335
CURRENT LIABILITIES:  
Accounts payable192,992174,237
Accrued salaries, wages and benefits56,49856,652
Accrued expenses12,46614,950
Current portion of debt obligations639628
Current portion of lease obligations23,31618,783
Unearned revenue and grants21,54647,381
TOTAL CURRENT LIABILITIES307,457312,631
Long term debt1,464,2851,298,735
Stock warrant obligations695915
Post-retirement obligations35,33421,337
Long term lease obligations51,57544,387
Other liabilities62,86149,662
Deferred income taxes255,180217,291
TOTAL LIABILITIES2,177,3871,944,958
Commitments and contingencies (Note H)
STOCKHOLDERS’ EQUITY:  
Preferred stock, 20,000,000 shares authorized, including 75,000 Series A Junior Participating Preferred Stock00
Common stock, par value $0.01 per share; 150,000,000 shares authorized; 72,327,758 and 74,142,183 shares issued and outstanding in 2022 and 2021, respectively723741
Additional paid-in capital986,3031,074,286
Retained earnings528,882309,430
Accumulated other comprehensive loss(103,402)(62,080)
TOTAL STOCKHOLDERS’ EQUITY1,412,5061,322,377
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY$ 3,589,893$ 3,267,335