Headlines about Atlas Air (NASDAQ:AAWW) have been trending somewhat positive on Sunday, according to Accern Sentiment Analysis. Accern identifies negative and positive media coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Atlas Air earned a news impact score of 0.10 on Accern’s scale. Accern also assigned media coverage about the transportation company an impact score of 45.5189070343385 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
Here are some of the headlines that may have impacted Accern’s rankings:
- Atlas Air (AAWW) Given Average Recommendation of “Buy” by Analysts (americanbankingnews.com)
- Atlas Air (AAWW) Downgraded to “Hold” at BidaskClub (americanbankingnews.com)
- Freighter aircraft transactions through mid-April (cargofacts.com)
- Strongest Atlas V to give Air Force rare direct ride to high orbit (floridatoday.com)
- Atlas Air (AAWW) Stock Rating Reaffirmed by Cowen (americanbankingnews.com)
AAWW has been the topic of several recent analyst reports. Stifel Nicolaus lifted their target price on Atlas Air from $81.00 to $85.00 and gave the company a “buy” rating in a research note on Friday, February 23rd. Zacks Investment Research raised Atlas Air from a “hold” rating to a “buy” rating and set a $60.00 target price on the stock in a research note on Wednesday, February 7th. Susquehanna Bancshares set a $77.00 target price on Atlas Air and gave the company a “buy” rating in a research note on Monday, February 26th. BidaskClub raised Atlas Air from a “sell” rating to a “hold” rating in a research note on Thursday, January 11th. Finally, Imperial Capital reaffirmed an “outperform” rating and set a $84.00 target price (up previously from $82.00) on shares of Atlas Air in a research note on Friday, February 23rd. One research analyst has rated the stock with a sell rating, five have given a buy rating and one has assigned a strong buy rating to the company’s stock. The company has an average rating of “Buy” and an average target price of $75.60.
AAWW opened at $63.30 on Friday. Atlas Air has a one year low of $45.45 and a one year high of $68.70. The company has a debt-to-equity ratio of 1.12, a quick ratio of 0.80 and a current ratio of 0.80. The firm has a market capitalization of $1,598.58, a PE ratio of 12.84 and a beta of 1.24.
Atlas Air (NASDAQ:AAWW) last posted its quarterly earnings data on Thursday, February 22nd. The transportation company reported $2.43 EPS for the quarter, topping the Zacks’ consensus estimate of $2.16 by $0.27. Atlas Air had a return on equity of 8.27% and a net margin of 10.36%. The company had revenue of $627.95 million for the quarter, compared to the consensus estimate of $592.08 million. During the same quarter in the previous year, the business earned $2.24 EPS. The company’s quarterly revenue was up 18.5% compared to the same quarter last year. research analysts forecast that Atlas Air will post 5.72 EPS for the current year.
In other news, CEO William J. Flynn sold 4,277 shares of the business’s stock in a transaction on Monday, March 12th. The stock was sold at an average price of $60.85, for a total value of $260,255.45. Following the sale, the chief executive officer now owns 151,958 shares of the company’s stock, valued at approximately $9,246,644.30. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO William J. Flynn sold 5,000 shares of the business’s stock in a transaction on Monday, January 29th. The stock was sold at an average price of $59.10, for a total value of $295,500.00. Following the completion of the sale, the chief executive officer now directly owns 156,958 shares in the company, valued at approximately $9,276,217.80. The disclosure for this sale can be found here. Insiders sold a total of 35,141 shares of company stock worth $2,092,306 in the last three months. Company insiders own 2.50% of the company’s stock.
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Atlas Air Company Profile
Atlas Air Worldwide Holdings, Inc, through its subsidiaries, provides outsourced aircraft and aviation operating services worldwide. It operates through three segments: ACMI, Charter, and Dry Leasing. The company offers outsourced cargo and passenger aircraft operating solutions comprising contractual service arrangements, which include the provision of aircraft; and value-added services, such as crew, maintenance, and insurance to aircraft and other customers.
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