Air Transport Services Stock Buy Hold or Sell Recommendation
| ATSG Stock | USD 21.96 0.03 0.14% |
Given the investment horizon of 90 days and your conservative attitude towards risk, our recommendation regarding Air Transport Services is 'Strong Hold'. Macroaxis provides Air Transport buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding ATSG positions.
Check out Air Transport Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note, we conduct extensive research on individual companies such as Air and provide practical buy, sell, or hold advice based on investors' constraints. Air Transport Services. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
Air |
Execute Air Transport Buy or Sell Advice
The Air recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Air Transport Services. Macroaxis does not own or have any residual interests in Air Transport Services or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Air Transport's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Hold
Market Performance | OK | Details | |
Volatility | Not too volatile | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Below Average | Details | |
Economic Sensitivity | Follows the market closely | Details | |
Investor Sentiment | Interested | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Air Transport Trading Alerts and Improvement Suggestions
| Air Transport appears to be risky and price may revert if volatility continues | |
| Over 81.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from finance.yahoo.com: Trump offers high reward, high risk for trucking industry, experts says |
Air Transport Returns Distribution Density
The distribution of Air Transport's historical returns is an attempt to chart the uncertainty of Air Transport's future price movements. The chart of the probability distribution of Air Transport daily returns describes the distribution of returns around its average expected value. We use Air Transport Services price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Air Transport returns is essential to provide solid investment advice for Air Transport.
| Mean Return | 0.64 | Value At Risk | -3.09 | Potential Upside | 3.95 | Standard Deviation | 3.99 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Air Transport historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Air Stock Institutional Investors
| Shares | State Street Corp | 2024-06-30 | 1.2 M | Geode Capital Management, Llc | 2024-06-30 | 1.2 M | D. E. Shaw & Co Lp | 2024-06-30 | 1.2 M | Anchor Capital Management Llc | 2024-09-30 | 1.2 M | Morgan Stanley - Brokerage Accounts | 2024-06-30 | 838.5 K | Thompson, Siegel & Walmsley Llc | 2024-09-30 | 772.4 K | Charles Schwab Investment Management Inc | 2024-09-30 | 741.1 K | Arnhold & S. Bleichroeder Advisers, Llc | 2024-09-30 | 523.6 K | Kennedy Capital Management Inc | 2024-06-30 | 488.4 K | Amazon.com Inc | 2024-09-30 | 12.7 M | River Road Asset Management, Llc | 2024-09-30 | 7.2 M |
Air Transport Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Capital Expenditures | 292.9M | 510.4M | 504.7M | 599.4M | 793.4M | 833.1M | |
| Net Income | 69.3M | 32.1M | 231.4M | 198.6M | 59.7M | 34.3M | |
| End Period Cash Flow | 59.3M | 39.7M | 69.5M | 27.1M | 53.6M | 34.5M | |
| Change To Inventory | (3.3M) | (27.8M) | (3.1M) | (19.0M) | 12.0M | 12.6M | |
| Free Cash Flow | 5.1M | 1.9M | 78.8M | (127.3M) | (139.4M) | (132.4M) | |
| Depreciation | 204.6M | 310.3M | 341.8M | 355.8M | 343.0M | 360.1M | |
| Other Non Cash Items | (3.5M) | 157.3M | (13.7M) | 1.3M | 46.7M | 41.3M | |
| Change In Cash | 26.6M | (6.5M) | 29.8M | (42.4M) | 26.4M | 27.7M | |
| Investments | (24.4M) | (13.3M) | (2.2M) | (600.1M) | (711.7M) | (676.1M) | |
| Change Receivables | (14.6M) | 9.4M | (51.9M) | (96.2M) | (86.6M) | (82.3M) | |
| Net Borrowings | 59.4M | (16.9M) | (192.3M) | 142.4M | 163.7M | 106.4M | |
| Change To Netincome | 61.8M | 55.8M | 43.7M | 13.2M | 11.8M | 11.3M |
Air Transport Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Air Transport or Air Freight & Logistics sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Air Transport's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Air stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | 0.55 | |
β | Beta against Dow Jones | 0.88 | |
σ | Overall volatility | 4.05 | |
Ir | Information ratio | 0.14 |
Air Transport Volatility Alert
Air Transport Services currently demonstrates below-average downside deviation. It has Information Ratio of 0.14 and Jensen Alpha of 0.55. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Air Transport's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Air Transport's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Air Transport Fundamentals Vs Peers
Comparing Air Transport's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Air Transport's direct or indirect competition across all of the common fundamentals between Air Transport and the related equities. This way, we can detect undervalued stocks with similar characteristics as Air Transport or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Air Transport's fundamental indicators could also be used in its relative valuation, which is a method of valuing Air Transport by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Air Transport to competition |
| Fundamentals | Air Transport | Peer Average |
| Return On Equity | -0.002 | -0.31 |
| Return On Asset | 0.0149 | -0.14 |
| Profit Margin | (0) % | (1.27) % |
| Operating Margin | 0.04 % | (5.51) % |
| Current Valuation | 3.02 B | 16.62 B |
| Shares Outstanding | 65.76 M | 571.82 M |
| Shares Owned By Insiders | 22.20 % | 10.09 % |
| Shares Owned By Institutions | 81.38 % | 39.21 % |
| Number Of Shares Shorted | 2.77 M | 4.71 M |
| Price To Earning | 11.64 X | 28.72 X |
| Price To Book | 0.98 X | 9.51 X |
| Price To Sales | 0.74 X | 11.42 X |
| Revenue | 2.07 B | 9.43 B |
| Gross Profit | 836.88 M | 27.38 B |
| EBITDA | 507.65 M | 3.9 B |
| Net Income | 59.75 M | 570.98 M |
| Cash And Equivalents | 54.49 M | 2.7 B |
| Cash Per Share | 0.75 X | 5.01 X |
| Total Debt | 1.82 B | 5.32 B |
| Debt To Equity | 0.98 % | 48.70 % |
| Current Ratio | 1.22 X | 2.16 X |
| Book Value Per Share | 22.48 X | 1.93 K |
| Cash Flow From Operations | 654.08 M | 971.22 M |
| Short Ratio | 6.34 X | 4.00 X |
| Earnings Per Share | (0.01) X | 3.12 X |
| Price To Earnings To Growth | 56.16 X | 4.89 X |
| Target Price | 22.5 | |
| Number Of Employees | 5.09 K | 18.84 K |
| Beta | 0.81 | -0.15 |
| Market Capitalization | 1.45 B | 19.03 B |
| Total Asset | 3.88 B | 29.47 B |
| Retained Earnings | 589.21 M | 9.33 B |
| Working Capital | (54.49 M) | 1.48 B |
Note: Acquisition by Michael Berger of 18000 shares of Air Transport at 20.78 subject to Rule 16b-3 [view details]
Air Transport Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Air . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Air Transport Buy or Sell Advice
When is the right time to buy or sell Air Transport Services? Buying financial instruments such as Air Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
Use Investing Ideas to Build Portfolios
In addition to having Air Transport in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Air Thematic Idea Now
Air
Companies specializing in air services and air delivery. The Air theme has 47 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Air Theme or any other thematic opportunities.
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Check out Air Transport Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. You can also try the Stocks Directory module to find actively traded stocks across global markets.
Is Air Freight & Logistics space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Air Transport. If investors know Air will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Air Transport listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.77) | Earnings Share (0.01) | Revenue Per Share 30.203 | Quarterly Revenue Growth (0.1) | Return On Assets 0.0149 |
The market value of Air Transport Services is measured differently than its book value, which is the value of Air that is recorded on the company's balance sheet. Investors also form their own opinion of Air Transport's value that differs from its market value or its book value, called intrinsic value, which is Air Transport's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Air Transport's market value can be influenced by many factors that don't directly affect Air Transport's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Air Transport's value and its price as these two are different measures arrived at by different means. Investors typically determine if Air Transport is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Air Transport's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.