Air Transport Services Group, Inc., through its subsidiaries, operates in the airfreight and logistics industry. More Details
Moderate growth potential and slightly overvalued.
Share Price & News
How has Air Transport Services Group's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: ATSG is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: ATSG's weekly volatility (4%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: ATSG underperformed the US Logistics industry which returned 44.5% over the past year.
Return vs Market: ATSG exceeded the US Market which returned 19.7% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Air Transport Services Group's share price compared to the market and industry in the last 5 years?
Simply Wall St News
6 days ago | Simply Wall StAir Transport Services Group, Inc. (NASDAQ:ATSG) Insiders Have Been Selling
1 month ago | Simply Wall StWe Think Air Transport Services Group (NASDAQ:ATSG) Is Taking Some Risk With Its Debt
2 months ago | Simply Wall StIs Air Transport Services Group, Inc.'s (NASDAQ:ATSG) 19% ROE Better Than Average?
Is Air Transport Services Group undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: ATSG ($31.35) is trading below our estimate of fair value ($35.68)
Significantly Below Fair Value: ATSG is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: ATSG is unprofitable, so we can't compare its PE Ratio to the US Logistics industry average.
PE vs Market: ATSG is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate ATSG's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: ATSG is good value based on its PB Ratio (2.6x) compared to the US Logistics industry average (3.2x).
How is Air Transport Services Group forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: ATSG is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2.2%).
Earnings vs Market: ATSG is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: ATSG's is expected to become profitable in the next 3 years.
Revenue vs Market: ATSG's revenue (6.8% per year) is forecast to grow slower than the US market (10.2% per year).
High Growth Revenue: ATSG's revenue (6.8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: ATSG's Return on Equity is forecast to be low in 3 years time (16.4%).
How has Air Transport Services Group performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ATSG is currently unprofitable.
Growing Profit Margin: ATSG is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: ATSG is unprofitable, but has reduced losses over the past 5 years at a rate of 22.8% per year.
Accelerating Growth: Unable to compare ATSG's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: ATSG is unprofitable, making it difficult to compare its past year earnings growth to the Logistics industry (-26.8%).
Return on Equity
High ROE: ATSG has a negative Return on Equity (-2.56%), as it is currently unprofitable.
How is Air Transport Services Group's financial position?
Financial Position Analysis
Short Term Liabilities: ATSG's short term assets ($273.4M) do not cover its short term liabilities ($312.7M).
Long Term Liabilities: ATSG's short term assets ($273.4M) do not cover its long term liabilities ($1.9B).
Debt to Equity History and Analysis
Debt Level: ATSG's debt to equity ratio (207.2%) is considered high.
Reducing Debt: ATSG's debt to equity ratio has increased from 83.4% to 207.2% over the past 5 years.
Debt Coverage: ATSG's debt is well covered by operating cash flow (34.7%).
Interest Coverage: ATSG is unprofitable, therefore interest payments are not well covered by earnings.
What is Air Transport Services Group current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate ATSG's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate ATSG's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if ATSG's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if ATSG's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of ATSG's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Rich Corrado (60 yo)
Mr. Richard F. Corrado, also known as Rich, is the President of Air Transport Services Group, Inc., since September 16, 2019 and serves as its Chief Executive Officer and Director since May 7, 2020. Mr. Co...
CEO Compensation Analysis
Compensation vs Market: Rich's total compensation ($USD1.96M) is below average for companies of similar size in the US market ($USD4.15M).
Compensation vs Earnings: Rich's compensation has increased whilst the company is unprofitable.
|Chairman of the Board||0.50yr||US$3.18m||0.96% |
|Chief Financial Officer||12.75yrs||US$1.73m||0.38% |
|Chief Operating Officer||1.17yrs||US$502.26k||0.031% |
|Chief Legal Officer & Secretary||4.5yrs||US$1.33m||0.26% |
|Chief Commercial Officer||2.75yrs||US$1.02m||0.051% |
|Vice President of Corporate Development||3.67yrs||no data||0.046% |
|President of LGSTX Services Inc||10.33yrs||no data||0.12% |
|VP & Corporate Controller||12.42yrs||no data||0.055% |
|President of Air Transport International Inc||4.83yrs||no data||0.098% |
Experienced Management: ATSG's management team is considered experienced (4.5 years average tenure).
|Chairman of the Board||0.50yr||US$3.18m||0.96% |
|Independent Director||16.83yrs||US$179.50k||0.034% |
|Independent Lead Director||0.50yr||US$275.00k||0.062% |
|Independent Director||7.83yrs||US$172.50k||0.0076% |
|Independent Director||11.75yrs||US$172.50k||0.0063% |
|Independent Director||2.42yrs||US$162.50k||0.0063% |
|Independent Director||3.08yrs||US$162.50k||0.012% |
Experienced Board: ATSG's board of directors are not considered experienced ( 2.8 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: ATSG insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Air Transport Services Group, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Air Transport Services Group, Inc.
- Ticker: ATSG
- Exchange: NasdaqGS
- Founded: 1980
- Industry: Air Freight and Logistics
- Sector: Transportation
- Market Cap: US$1.852b
- Shares outstanding: 59.07m
- Website: https://www.atsginc.com
Number of Employees
- Air Transport Services Group, Inc.
- 145 Hunter Drive
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|ATSG||NasdaqGS (Nasdaq Global Select)||Yes||Common Stock||US||USD||Jul 2003|
|AW8||DB (Deutsche Boerse AG)||Yes||Common Stock||DE||EUR||Jul 2003|
|ATSG *||BMV (Bolsa Mexicana de Valores)||Yes||Common Stock||MX||MXN||Jul 2003|
Air Transport Services Group, Inc., through its subsidiaries, operates in the airfreight and logistics industry. The company owns and leases cargo aircraft to airlines and other customers. It also provides...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/11/26 23:03|
|End of Day Share Price||2020/11/25 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.