Shares of Atlas Air Worldwide Holdings, Inc. (NASDAQ:AAWW) have earned a consensus rating of “Hold” from the ten ratings firms that are covering the company, MarketBeat reports. Three research analysts have rated the stock with a sell rating, one has assigned a hold rating and five have given a buy rating to the company. The average twelve-month price objective among brokerages that have issued ratings on the stock in the last year is $71.60.
A number of research firms have issued reports on AAWW. Imperial Capital restated an “outperform” rating and set a $79.00 price target (up from $76.00) on shares of Atlas Air Worldwide in a report on Wednesday, February 20th. They noted that the move was a valuation call. ValuEngine cut Atlas Air Worldwide from a “hold” rating to a “sell” rating in a report on Monday, February 25th. Zacks Investment Research upgraded Atlas Air Worldwide from a “sell” rating to a “hold” rating in a report on Monday, February 18th. Finally, BidaskClub cut Atlas Air Worldwide from a “hold” rating to a “sell” rating in a report on Tuesday, March 5th.
Shares of Atlas Air Worldwide stock traded down $1.68 on Thursday, reaching $45.91. 597,205 shares of the company’s stock were exchanged, compared to its average volume of 295,313. The stock has a market capitalization of $1.25 billion, a price-to-earnings ratio of 6.31 and a beta of 1.77. Atlas Air Worldwide has a 52 week low of $35.59 and a 52 week high of $75.29. The company has a debt-to-equity ratio of 1.07, a quick ratio of 0.77 and a current ratio of 0.77.
Atlas Air Worldwide (NASDAQ:AAWW) last posted its quarterly earnings results on Wednesday, May 1st. The transportation company reported $0.98 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.86 by $0.12. The firm had revenue of $679.70 million for the quarter, compared to analysts’ expectations of $679.72 million. Atlas Air Worldwide had a return on equity of 10.91% and a net margin of 10.10%. The company’s revenue for the quarter was up 15.2% compared to the same quarter last year. During the same period in the prior year, the business earned $0.86 EPS. On average, equities research analysts forecast that Atlas Air Worldwide will post 7.54 EPS for the current year.
Institutional investors and hedge funds have recently modified their holdings of the stock. Group One Trading L.P. raised its position in Atlas Air Worldwide by 122.4% in the 4th quarter. Group One Trading L.P. now owns 583 shares of the transportation company’s stock valued at $25,000 after buying an additional 3,183 shares during the last quarter. Quantamental Technologies LLC purchased a new stake in Atlas Air Worldwide in the 4th quarter valued at $38,000. Flinton Capital Management LLC raised its position in Atlas Air Worldwide by 26.6% in the 4th quarter. Flinton Capital Management LLC now owns 3,120 shares of the transportation company’s stock valued at $132,000 after buying an additional 656 shares during the last quarter. 6 Meridian purchased a new stake in Atlas Air Worldwide in the 1st quarter valued at $213,000. Finally, Marshall Wace LLP purchased a new stake in Atlas Air Worldwide in the 3rd quarter valued at $305,000.
Atlas Air Worldwide Company Profile
Atlas Air Worldwide Holdings, Inc, through its subsidiaries, provides outsourced aircraft and aviation operating services. It operates through three segments: ACMI, Charter, and Dry Leasing. The company offers outsourced cargo and passenger aircraft operating solutions, including contractual service arrangements, such as the provision of aircraft; and value-added services, including crew, maintenance, and insurance to aircraft and other customers.
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