Air Transport Services Group (ATSG) Stock Forecast, Price Target & Predictions


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ATSG Stock Forecast


Air Transport Services Group stock forecast is as follows: an average price target of $20.00 (represents a -8.76% downside from ATSG’s last price of $21.92) and a rating consensus of 'Buy', based on 4 wall street analysts offering a 1-year stock forecast.

ATSG Price Target


The average price target for Air Transport Services Group (ATSG) is $20.00 based on 1-year price targets from 4 Wall Street analysts in the past 3 months, with a price target range of $25.00 to $15.00. This represents a potential -8.76% downside from ATSG's last price of $21.92.

ATSG Analyst Ratings


Buy

According to 4 Wall Street analysts, Air Transport Services Group's rating consensus is 'Buy'. The analyst rating breakdown for ATSG stock is 0 'Strong Buy' (0.00%), 3 'Buy' (75.00%), 1 'Hold' (25.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

Air Transport Services Group Price Target by Analyst


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Aug 12, 2024Michael CiarmoliTruist Financial$15.00$15.26-1.70%-31.57%
Aug 12, 2024Frank GalantiStifel Nicolaus$25.00$15.5660.67%14.05%
May 09, 2022Cowen & Co.$40.00$30.1232.80%82.48%

The latest Air Transport Services Group stock forecast, released on Aug 12, 2024 by Michael Ciarmoli from Truist Financial, set a price target of $15.00, which represents a -1.70% decrease from the stock price at the time of the forecast ($15.26), and a -31.57% decrease from ATSG last price ($21.92).

Air Transport Services Group Price Target by Period


1M3M12M
# Anlaysts--2
Avg Price Target--$20.00
Last Closing Price$21.92$21.92$21.92
Upside/Downside-100.00%-100.00%-8.76%

In the current month, the average price target of Air Transport Services Group stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Air Transport Services Group's last price of $21.92. This month's average price target is down NaN% compared to last quarter, and down -100.00% compared to last year.

Analyst Ratings Upgrades/Downgrades


DateCompanyPrevious RatingNew RatingRating Change
May 08, 2024Cowen & Co.BuyBuyHold
Feb 28, 2024SusquehannaNeutralNeutralHold
Sep 28, 2023CitigroupBuyBuyHold
Sep 20, 2023OppenheimerOutperformInitialise
Aug 09, 2023SusquehannaPositivePositiveHold
May 09, 2023SusquehannaPositivePositiveHold
May 08, 2023Cowen & Co.Market PerformMarket PerformHold
May 09, 2022Cowen & Co.OutperformOutperformHold

Air Transport Services Group's last stock rating was published by Cowen & Co. on May 08, 2024. The company gave ATSG a "Buy" rating, the same as its previous rate.

Air Transport Services Group Financial Forecast


Air Transport Services Group Revenue Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Mar 18Mar 17
Revenue--------$517.04M$523.14M$529.34M$501.10M$533.02M$516.92M$509.67M$485.86M$482.37M$465.95M$409.87M$376.09M$399.36M$404.15M$377.79M$389.28M$403.35M$366.07M$334.58M$348.18M$203.04M$237.92M
Avg Forecast$534.90M$551.80M$518.85M$500.10M$514.30M$507.46M$513.67M$479.77M$535.27M$529.88M$514.56M$513.77M$529.74M$511.83M$492.16M$460.05M$469.53M$431.95M$389.76M$395.43M$416.64M$380.58M$369.09M$369.28M$374.19M$346.11M$332.83M$309.06M$150.83M$167.94M
High Forecast$556.95M$574.54M$540.23M$504.46M$519.18M$510.92M$534.84M$479.77M$542.22M$529.88M$535.76M$534.95M$551.57M$511.83M$492.16M$460.05M$469.53M$431.95M$389.76M$395.43M$416.64M$380.58M$369.09M$369.28M$374.19M$346.11M$332.83M$309.06M$181.00M$201.53M
Low Forecast$524.10M$540.66M$508.37M$495.74M$506.10M$504.00M$503.30M$479.77M$523.83M$529.88M$504.17M$503.40M$519.04M$511.83M$492.16M$460.05M$469.53M$431.95M$389.76M$395.43M$416.64M$380.58M$369.09M$369.28M$374.19M$346.11M$332.83M$309.06M$120.66M$134.35M
# Analysts1112424454443333444463332234720
Surprise %--------0.97%0.99%1.03%0.98%1.01%1.01%1.04%1.06%1.03%1.08%1.05%0.95%0.96%1.06%1.02%1.05%1.08%1.06%1.01%1.13%1.35%1.42%

Air Transport Services Group's average Quarter revenue forecast for Mar 24 based on 4 analysts is $479.77M, with a low forecast of $479.77M, and a high forecast of $479.77M. ATSG's average Quarter revenue forecast represents a -7.21% decrease compared to the company's last Quarter revenue of $517.04M (Dec 23).

Air Transport Services Group EBITDA Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Mar 18Mar 17
# Analysts1112424454443333444463332234720
EBITDA--------$125.95M$77.70M$64.60M$44.01M$75.45M$76.40M$72.70M$73.79M$75.49M$183.99M$203.18M$149.34M$100.17M$97.43M$-13.82M$237.87M$47.76M$199.17M$63.30M$114.57M$72.81M$58.88M
Avg Forecast$145.46M$150.06M$141.10M$136.00M$139.86M$138.00M$139.69M$229.36M$145.56M$144.10M$139.93M$208.51M$86.11M$92.09M$65.27M$82.77M$84.48M$77.72M$70.12M$189.55M$74.96M$68.47M$66.41M$156.10M$67.32M$62.27M$59.88M$72.13M$47.60M$37.78M
High Forecast$151.46M$156.24M$146.91M$137.18M$141.19M$138.94M$145.44M$275.23M$147.45M$144.10M$145.70M$250.21M$103.34M$92.09M$78.32M$82.77M$84.48M$77.72M$70.12M$227.46M$74.96M$68.47M$66.41M$187.32M$67.32M$62.27M$59.88M$86.56M$57.12M$45.34M
Low Forecast$142.52M$147.03M$138.25M$134.81M$137.63M$137.06M$136.87M$183.49M$142.45M$144.10M$137.10M$166.80M$68.89M$92.09M$52.21M$82.77M$84.48M$77.72M$70.12M$151.64M$74.96M$68.47M$66.41M$124.88M$67.32M$62.27M$59.88M$57.71M$38.08M$30.22M
Surprise %--------0.87%0.54%0.46%0.21%0.88%0.83%1.11%0.89%0.89%2.37%2.90%0.79%1.34%1.42%-0.21%1.52%0.71%3.20%1.06%1.59%1.53%1.56%

4 analysts predict ATSG's average Quarter EBITDA for Mar 24 to be $229.36M, with a high of $275.23M and a low of $183.49M. This is 82.10% upper than Air Transport Services Group's previous annual EBITDA (Dec 23) of $125.95M.

Air Transport Services Group Net Income Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Mar 18Mar 17
# Analysts1112424454443333444463332234720
Net Income--------$-15.01M$17.17M$38.02M$20.14M$42.65M$51.04M$55.09M$49.80M$44.46M$64.67M$79.93M$42.29M$5.13M$-5.59M$-104.93M$137.50M$-40.19M$105.33M$-26.60M$22.66M$15.88M$9.99M
Avg Forecast$19.08M$19.51M$16.91M$15.61M$18.21M$11.19M$10.41M$64.95M$18.33M$32.61M$23.20M$59.04M$50.79M$38.03M$45.18M$27.06M$36.12M$30.96M$18.84M$53.68M$22.59M$20.67M$19.71M$90.24M$28.00M$17.83M$15.58M$14.27M$10.38M$6.41M
High Forecast$20.10M$20.56M$17.82M$16.45M$22.19M$11.51M$10.96M$77.94M$24.65M$32.62M$24.44M$70.85M$60.95M$38.03M$54.21M$27.06M$36.12M$30.96M$18.84M$64.41M$22.59M$20.67M$19.71M$108.29M$28.00M$17.83M$15.58M$17.12M$12.46M$7.69M
Low Forecast$18.58M$19.00M$16.47M$15.20M$14.80M$10.86M$10.13M$51.96M$14.54M$32.60M$22.59M$47.23M$40.63M$38.03M$36.14M$27.06M$36.12M$30.96M$18.84M$42.94M$22.59M$20.67M$19.71M$72.19M$28.00M$17.83M$15.58M$11.42M$8.31M$5.13M
Surprise %---------0.82%0.53%1.64%0.34%0.84%1.34%1.22%1.84%1.23%2.09%4.24%0.79%0.23%-0.27%-5.32%1.52%-1.44%5.91%-1.71%1.59%1.53%1.56%

Air Transport Services Group's average Quarter net income forecast for Dec 23 is $18.33M, with a range of $14.54M to $24.65M. ATSG's average Quarter net income forecast represents a 6.74% increase compared to the company's last Quarter net income of $17.17M (Sep 23).

Air Transport Services Group SG&A Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Mar 18Mar 17
# Analysts1112424454443333444463332234720
SG&A----------$2.68M$2.55M$2.44M$2.35M$2.33M$2.55M$27.97M$28.11M$21.57M$21.54M$20.76M$23.37M$19.82M$23.32M$26.33M$27.20M$22.79M$22.01M$7.99M$8.63M
Avg Forecast$2.97M$3.06M$2.88M$2.77M$2.85M$2.82M$2.85M$33.08M$2.97M$2.94M$2.86M$30.07M$31.91M$2.84M$2.73M$2.55M$2.61M$2.40M$2.16M$27.34M$2.31M$2.11M$2.05M$15.31M$2.08M$1.92M$1.85M$13.86M$5.22M$5.54M
High Forecast$3.09M$3.19M$3.00M$2.80M$2.88M$2.83M$2.97M$39.70M$3.01M$2.94M$2.97M$36.09M$38.29M$2.84M$2.73M$2.55M$2.61M$2.40M$2.16M$32.81M$2.31M$2.11M$2.05M$18.37M$2.08M$1.92M$1.85M$16.63M$6.27M$6.64M
Low Forecast$2.91M$3.00M$2.82M$2.75M$2.81M$2.80M$2.79M$26.46M$2.91M$2.94M$2.80M$24.06M$25.53M$2.84M$2.73M$2.55M$2.61M$2.40M$2.16M$21.87M$2.31M$2.11M$2.05M$12.25M$2.08M$1.92M$1.85M$11.09M$4.18M$4.43M
Surprise %----------0.94%0.08%0.08%0.83%0.85%1.00%10.74%11.73%9.97%0.79%8.98%11.07%9.68%1.52%12.68%14.16%12.34%1.59%1.53%1.56%

Air Transport Services Group's average Quarter SG&A projection for Sep 23 is $2.94M, based on 4 Wall Street analysts, with a range of $2.94M to $2.94M. The forecast indicates a 9.54% rise compared to ATSG last annual SG&A of $2.68M (Jun 23).

Air Transport Services Group EPS Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Mar 18Mar 17
# Analysts1112424454443333444463332234720
EPS--------$-0.23$0.26$0.54$0.28$0.58$0.69$0.74$0.67$0.60$0.85$1.17$0.71$0.04$-0.10$-1.78$2.27$-0.70$1.78$-0.45$0.38$0.27$0.17
Avg Forecast$0.29$0.30$0.26$0.24$0.28$0.17$0.16$0.10$0.28$0.50$0.36$0.47$0.58$0.56$0.50$0.40$0.54$0.46$0.28$0.27$0.34$0.31$0.29$0.32$0.42$0.27$0.23$0.27$0.17$0.08
High Forecast$0.31$0.32$0.27$0.25$0.34$0.18$0.17$0.11$0.38$0.50$0.38$0.49$0.61$0.56$0.50$0.40$0.54$0.46$0.28$0.27$0.34$0.31$0.29$0.32$0.42$0.27$0.23$0.27$0.20$0.09
Low Forecast$0.29$0.29$0.25$0.23$0.23$0.17$0.16$0.10$0.22$0.50$0.35$0.45$0.56$0.56$0.50$0.40$0.54$0.46$0.28$0.27$0.34$0.31$0.29$0.32$0.42$0.27$0.23$0.27$0.14$0.06
Surprise %---------0.82%0.52%1.51%0.60%1.00%1.22%1.49%1.67%1.12%1.85%4.18%2.68%0.12%-0.33%-6.08%7.01%-1.68%6.72%-1.94%1.41%1.59%2.13%

According to 5 Wall Street analysts, Air Transport Services Group's projected average Quarter EPS for Dec 23 is $0.28, with a low estimate of $0.22 and a high estimate of $0.38. This represents a 8.40% increase compared to ATSG previous annual EPS of $0.26 (Sep 23).

Air Transport Services Group Peer Comparison by Price Target


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
AZULAzul$1.99$4.00101.01%Hold
CPACopa$87.97$125.0042.09%Buy
SKYWSkyWest$103.33$119.0015.17%Buy
SNCYSun Country Airlines$14.90$16.007.38%Buy
ULCCFrontier Group$6.49$6.530.62%Hold
ATSGAir Transport Services Group$21.90$20.00-8.68%Buy
JBLUJetBlue Airways$7.30$6.31-13.56%Hold
ALGTAllegiant Travel Company$83.73$62.75-25.06%Hold

ATSG Forecast FAQ


Is Air Transport Services Group a good buy?

Yes, according to 4 Wall Street analysts, Air Transport Services Group (ATSG) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 3 'Buy' recommendations, accounting for 75.00% of ATSG's total ratings.

What is ATSG's price target?

Air Transport Services Group (ATSG) average price target is $20 with a range of $15 to $25, implying a -8.76% from its last price of $21.92. The data is based on 4 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Air Transport Services Group stock go up soon?

According to Wall Street analysts' prediction for ATSG stock, the company can go down by -8.76% (from the last price of $21.92 to the average price target of $20), up by 14.05% based on the highest stock price target, and down by -31.57% based on the lowest stock price target.

Can Air Transport Services Group stock reach $30?

ATSG's average twelve months analyst stock price target of $20 does not support the claim that Air Transport Services Group can reach $30 in the near future.

What are Air Transport Services Group's analysts' financial forecasts?

Air Transport Services Group's analysts financial forecasts for the fiscal year (Dec 2024) are as follows: average revenue is $2.02B (high $2.04B, low $1.99B), average EBITDA is $646.9M (high $700.8M, low $595.04M), average net income is $104.75M (high $122.61M, low $87.75M), average SG&A $41.6M (high $48.38M, low $34.86M), and average EPS is $0.717 (high $0.797, low $0.653). ATSG's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $2.11B (high $2.18B, low $2.07B), average EBITDA is $572.61M (high $591.79M, low $562.61M), average net income is $71.11M (high $74.92M, low $69.24M), average SG&A $11.68M (high $12.07M, low $11.48M), and average EPS is $1.09 (high $1.15, low $1.06).

Did the ATSG's actual financial results beat the analysts' financial forecasts?

Based on Air Transport Services Group's last annual report (Dec 2023), the company's revenue was $2.07B, which missed the average analysts forecast of $2.09B by -1.09%. Apple's EBITDA was $542.82M, missing the average prediction of $638.09M by -14.93%. The company's net income was $60.33M, missing the average estimation of $133.18M by -54.70%. Apple's SG&A was $0, missing the average forecast of $38.84M by -100.00%. Lastly, the company's EPS was $0.8, missing the average prediction of $1.6 by -50.15%. In terms of the last quarterly report (Dec 2023), Air Transport Services Group's revenue was $517.04M, missing the average analysts' forecast of $535.27M by -3.41%. The company's EBITDA was $125.95M, missing the average prediction of $145.56M by -13.47%. Air Transport Services Group's net income was $-15.008M, missing the average estimation of $18.33M by -181.88%. The company's SG&A was $0, missing the average forecast of $2.97M by -100.00%. Lastly, the company's EPS was $-0.23, missing the average prediction of $0.282 by -181.61%