Is Air Transport Stock a Good Investment?
Air Transport Investment Advice | ATSG |
- Examine Air Transport's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Air Transport's leadership team and their track record. Good management can help Air Transport navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Air Freight & Logistics space and any emerging trends that could impact Air Transport's business and its evolving consumer preferences.
- Compare Air Transport's performance and market position to its competitors. Analyze how Air Transport is positioned in terms of product offerings, innovation, and market share.
- Check if Air Transport pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Air Transport's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Air Transport Services stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Air Transport Services is a good investment.
Sell | Buy |
Hold
Market Performance | Weak | Details | |
Volatility | Not too volatile | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Below Average | Details | |
Economic Sensitivity | Follows the market closely | Details | |
Investor Sentiment | Interested | Details | |
Analyst Consensus | Strong Buy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unavailable | Details |
Examine Air Transport Stock
Researching Air Transport's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 22.0% of the company shares are held by company insiders. The company has price-to-book (P/B) ratio of 0.62. Some equities with similar Price to Book (P/B) outperform the market in the long run. Air Transport Services had not issued any dividends in recent years.
To determine if Air Transport is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Air Transport's research are outlined below:
| Over 82.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from insidermonkey.com: Sun Country Airlines Holdings, Inc. Q1 2024 Earnings Call Transcript |
Air Transport Quarterly Good Will |
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Air Transport uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Air Transport Services. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Air Transport's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 22nd of February 2024 Upcoming Quarterly Report | View | |
| 2nd of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 22nd of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Earnings surprises can significantly impact Air Transport's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises Air Transport's investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2017-08-07 | 2017-06-30 | 0.19 | 0.21 | 0.02 | 10 | ||
2015-08-05 | 2015-06-30 | 0.14 | 0.16 | 0.02 | 14 | ||
2015-03-05 | 2014-12-31 | 0.15 | 0.17 | 0.02 | 13 | ||
2014-08-05 | 2014-06-30 | 0.12 | 0.14 | 0.02 | 16 | ||
2012-05-10 | 2012-03-31 | 0.08 | 0.1 | 0.02 | 25 | ||
2011-08-03 | 2011-06-30 | 0.17 | 0.19 | 0.02 | 11 | ||
2006-08-09 | 2006-06-30 | 0.13 | 0.11 | -0.02 | 15 | ||
2006-05-09 | 2006-03-31 | 0.12 | 0.14 | 0.02 | 16 |
Air Transport Target Price Consensus
We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Air target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. Air Transport's target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
| 6 | Strong Buy |
Most Air analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand Air stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of Air Transport Services, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice Exposure ValuationAir Transport Target Price Projection
Air Transport's current and average target prices are 14.85 and 27.14, respectively. The current price of Air Transport is the price at which Air Transport Services is currently trading. On the other hand, Air Transport's target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.Current Price
Air Transport Market Quote on 13th of May 2024
Target Price
Analyst Consensus On Air Transport Target Price
Air Transport Analyst Ratings
Air Transport's analyst stock recommendations are determined by taking an average estimate of all analysts we track and classifying them as Strong Buy, Buy, Hold, Strong Sell, or Sell. Ratings generally communicate what analysts sense about Air Transport stock, and they use a lot of effort and time to analyze it and arrive at a rating. That suggests that analyst recommendations are the outcome of an objective and thorough examination of Air Transport's financials, market performance, and future outlook by experienced professionals. Air Transport's historical ratings below, therefore, can serve as a valuable tool for investors.Know Air Transport's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Air Transport is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Air Transport Services backward and forwards among themselves. Air Transport's institutional investor refers to the entity that pools money to purchase Air Transport's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Geode Capital Management, Llc | 2023-12-31 | 1.2 M | Thompson, Siegel & Walmsley Llc | 2023-12-31 | 1.1 M | Charles Schwab Investment Management Inc | 2023-12-31 | 916.8 K | Anchor Capital Management Llc | 2024-03-31 | 886.2 K | Ipg Investment Advisors, Llc | 2023-12-31 | 703.5 K | Dg Capital Management, Llc | 2023-12-31 | 696.5 K | Prescott Group Capital Management Llc | 2023-12-31 | 688 K | Fmr Inc | 2023-12-31 | 629 K | Kennedy Capital Management Inc | 2023-12-31 | 544.2 K | Amazon.com Inc | 2023-12-31 | 12.7 M | River Road Asset Management, Llc | 2024-03-31 | 7 M |
Air Transport's market capitalization trends
The company currently falls under 'Small-Cap' category with a current market capitalization of 976 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Air Transport's market, we take the total number of its shares issued and multiply it by Air Transport's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.Market Cap |
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Air Transport's profitablity analysis
Air Transport's profitability indicators refer to fundamental financial ratios that showcase Air Transport's ability to generate income relative to its revenue or operating costs. If, let's say, Air Transport is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Air Transport's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Air Transport's profitability requires more research than a typical breakdown of Air Transport's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.02 | 0.02 | |
| Return On Capital Employed | 0.06 | 0.06 | |
| Return On Assets | 0.02 | 0.02 | |
| Return On Equity | 0.04 | 0.05 |
Determining Air Transport's profitability involves analyzing its financial statements and using various financial metrics to determine if Air Transport is a good buy. For example, gross profit margin measures Air Transport's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Air Transport's profitability and make more informed investment decisions.
The data published in Air Transport's official financial statements usually reflect Air Transport's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Air Transport Services. For example, before you start analyzing numbers published by Air accountants, it's critical to develop an understanding of what Air Transport's liquidity, profitability, and earnings quality are in the context of the Air Freight & Logistics space in which it operates.
Please note, the presentation of Air Transport's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Air Transport's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Air Transport's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Air Transport Services. Please utilize our Beneish M Score to check the likelihood of Air Transport's management manipulating its earnings.
Evaluate Air Transport's management efficiency
Air Transport Services has return on total asset (ROA) of 0.0248 % which means that it generated a profit of $0.0248 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.0345 %, meaning that it created $0.0345 on every $100 dollars invested by stockholders. Air Transport's management efficiency ratios could be used to measure how well Air Transport manages its routine affairs as well as how well it operates its assets and liabilities. The Air Transport's current Return On Tangible Assets is estimated to increase to 0.02. The Air Transport's current Return On Capital Employed is estimated to increase to 0.06. At this time, Air Transport's Other Assets are most likely to decrease significantly in the upcoming years. The Air Transport's current Non Current Assets Total is estimated to increase to about 3.8 B, while Total Current Assets are projected to decrease to roughly 215.1 M.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 19.94 | 20.94 | |
| Net Current Asset Value | 0.00 | 0.00 | |
| Tangible Asset Value | 0.00 | 0.00 | |
| Tangible Book Value Per Share | 12.91 | 13.56 | |
| Enterprise Value Over EBITDA | 5.48 | 5.75 | |
| Price Book Value Ratio | 0.88 | 1.43 | |
| Enterprise Value Multiple | 5.48 | 5.75 | |
| Price Fair Value | 0.88 | 1.43 | |
| Enterprise Value | 778.5 M | 692 M |
The analysis of Air Transport's management efficiency is an essential part of evaluating and assessing the financial and operational performance of the entity. It is also vital to analyze Air Transport's future growth prospects and the overall market conditions to determine the value and potential of its stock. The analysis involves studying a range of financial metrics such as revenue, earnings, profit margins, cash flow, debt, market share, and external factors such as economic trends, industry outlook, competition, and government regulations. The goal of Air Stock analysis is to determine whether it is undervalued, fairly valued, or overvalued and to make informed investment decisions.
Beta 0.857 |
Basic technical analysis of Air Stock
As of the 13th of May 2024, Air Transport shows the Risk Adjusted Performance of 0.0253, mean deviation of 2.08, and Downside Deviation of 2.7. Air Transport Services technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We are able to interpolate and collect nineteen technical drivers for Air Transport Services, which can be compared to its peers. Please confirm Air Transport Services treynor ratio, as well as the relationship between the downside variance and kurtosis to decide if Air Transport Services is priced correctly, providing market reflects its regular price of 14.85 per share. Given that Air Transport has jensen alpha of (0.09), we suggest you to validate Air Transport Services's prevailing market performance to make sure the company can sustain itself at a future point.Air Transport's insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Air Transport insiders, such as employees or executives, is commonly permitted as long as it does not rely on Air Transport's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Air Transport insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Jeffrey Vorholt over two months ago Acquisition by Jeffrey Vorholt of 250 shares of Air Transport at 19.6 subject to Rule 16b-3 | ||
Randy Rademacher over two months ago Disposition of 5709 shares by Randy Rademacher of Air Transport subject to Rule 16b-3 | ||
Randy Rademacher over two months ago Acquisition by Randy Rademacher of 5709 shares of Air Transport at 12.54 subject to Rule 16b-3 | ||
Jeffrey Vorholt over six months ago Purchase by Jeffrey Vorholt of 1000 shares of Air Transport | ||
Jeffrey Vorholt over six months ago Purchase by Jeffrey Vorholt of 1250 shares of Air Transport | ||
Jeffrey Vorholt over a year ago Purchase by Jeffrey Vorholt of 1000 shares of Air Transport | ||
Jeffrey Vorholt over a year ago Purchase by Jeffrey Vorholt of 125 shares of Air Transport |
Air Transport's Outstanding Corporate Bonds
Air Transport issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Air Transport Services uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Air bonds can be classified according to their maturity, which is the date when Air Transport Services has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
Understand Air Transport's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Air Transport's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | 0.0253 | |||
| Market Risk Adjusted Performance | 0.042 | |||
| Mean Deviation | 2.08 | |||
| Semi Deviation | 2.6 | |||
| Downside Deviation | 2.7 | |||
| Coefficient Of Variation | 3522.29 | |||
| Standard Deviation | 2.8 | |||
| Variance | 7.85 | |||
| Information Ratio | (0) | |||
| Jensen Alpha | (0.09) | |||
| Total Risk Alpha | (0.26) | |||
| Sortino Ratio | (0) | |||
| Treynor Ratio | 0.032 | |||
| Maximum Drawdown | 11.83 | |||
| Value At Risk | (4.11) | |||
| Potential Upside | 4.47 | |||
| Downside Variance | 7.31 | |||
| Semi Variance | 6.76 | |||
| Expected Short fall | (2.10) | |||
| Skewness | 0.7554 | |||
| Kurtosis | 2.55 |
| Risk Adjusted Performance | 0.0253 | |||
| Market Risk Adjusted Performance | 0.042 | |||
| Mean Deviation | 2.08 | |||
| Semi Deviation | 2.6 | |||
| Downside Deviation | 2.7 | |||
| Coefficient Of Variation | 3522.29 | |||
| Standard Deviation | 2.8 | |||
| Variance | 7.85 | |||
| Information Ratio | (0) | |||
| Jensen Alpha | (0.09) | |||
| Total Risk Alpha | (0.26) | |||
| Sortino Ratio | (0) | |||
| Treynor Ratio | 0.032 | |||
| Maximum Drawdown | 11.83 | |||
| Value At Risk | (4.11) | |||
| Potential Upside | 4.47 | |||
| Downside Variance | 7.31 | |||
| Semi Variance | 6.76 | |||
| Expected Short fall | (2.10) | |||
| Skewness | 0.7554 | |||
| Kurtosis | 2.55 |
Consider Air Transport's intraday indicators
Air Transport intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Air Transport stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Air Transport Corporate Filings
8K | 10th of May 2024 An amendment to a previously filed Form 8-K | ViewVerify |
10Q | 9th of May 2024 Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations | ViewVerify |
F4 | 8th of May 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
8K | 7th of May 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
Air Stock media impact
Far too much social signal, news, headlines, and media speculation about Air Transport that are available to investors today. That information is available publicly through Air media outlets and privately through word of mouth or via Air internal channels. However, regardless of the origin, that massive amount of Air data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Air Transport news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Air Transport relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Air Transport's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Air Transport alpha.
Air Transport Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Air Transport can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Air Transport Services Historical Investor Sentiment
Investor biases related to Air Transport's public news can be used to forecast risks associated with an investment in Air. The trend in average sentiment can be used to explain how an investor holding Air can time the market purely based on public headlines and social activities around Air Transport Services. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Air Transport's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Air Transport and other traded tickers. The bigger the bubble, the more accurate the estimated score. Higher bars for a given day show more participation in the average Air Transport news discussions. The higher the estimate score, the more favorable the investor's outlook on Air Transport.
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Air Transport Corporate Management
Elected by the shareholders, the Air Transport's board of directors comprises two types of representatives: Air Transport inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Air. The board's role is to monitor Air Transport's management team and ensure that shareholders' interests are well served. Air Transport's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Air Transport's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Joseph Payne | Sr. VP, Corporate General Counsel and Corporate Secretary | Profile | |
| Quint Turner | Chief Officer | Profile | |
| Paul Chase | Chief Officer | Profile | |
| Michael Berger | Chief Commercial Officer | Profile | |
| Matthew Fedders | VP Controller | Profile | |
| Edward Smethwick | Vice Development | Profile |
How to buy Air Stock?
To provide specific investment advice or recommendations on Air Transport Services stock, we recommend investors consider the following general factors when evaluating Air Transport Services. This will help you to make an informed decision on whether to include Air Transport in one of your diversified portfolios:- Examine Air Transport's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Air Transport's leadership team and their track record. Good management can help Air Transport navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Air Freight & Logistics space and any emerging trends that could impact Air Transport's business and its evolving consumer preferences.
- Compare Air Transport's performance and market position to its competitors. Analyze how Air Transport is positioned in terms of product offerings, innovation, and market share.
- Check if Air Transport pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Air Transport's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Air Transport Services stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Air Transport Services is a good investment.
Already Invested in Air Transport Services?
The danger of trading Air Transport Services is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Air Transport is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Air Transport. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Air Transport Services is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Air Transport Services is a strong investment it is important to analyze Air Transport's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Air Transport's future performance. For an informed investment choice regarding Air Stock, refer to the following important reports: Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Air Transport Services. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state. You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.
Complementary Tools for Air Stock analysis
When running Air Transport's price analysis, check to measure Air Transport's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Air Transport is operating at the current time. Most of Air Transport's value examination focuses on studying past and present price action to predict the probability of Air Transport's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Air Transport's price. Additionally, you may evaluate how the addition of Air Transport to your portfolios can decrease your overall portfolio volatility.
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Is Air Transport's industry 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 (0.48) | Earnings Share 0.7 | Revenue Per Share 30.702 | Quarterly Revenue Growth (0.03) | Return On Assets 0.0248 |
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.
In summary, please note that there is a difference between Air Transport's value and its price, as these two are different measures arrived at by various 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.