Why Is Air Transport Services (ATSG) Up 0.7% Since Last Earnings Report?

Zacks
02 Apr

It has been about a month since the last earnings report for Air Transport Services (ATSG). Shares have added about 0.7% in that time frame, outperforming the S&P 500.

Will the recent positive trend continue leading up to its next earnings release, or is Air Transport Services due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important catalysts.

How Have Estimates Been Moving Since Then?

Analysts were quiet during the last two month period as none of them issued any earnings estimate revisions.

VGM Scores

At this time, Air Transport Services has a nice Growth Score of B, though it is lagging a lot on the Momentum Score front with a D. However, the stock was allocated a grade of A on the value side, putting it in the top 20% for this investment strategy.

Overall, the stock has an aggregate VGM Score of A. If you aren't focused on one strategy, this score is the one you should be interested in.

Outlook

Air Transport Services has a Zacks Rank #2 (Buy). We expect an above average return from the stock in the next few months.

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Air Transport Services Group, Inc (ATSG) : Free Stock Analysis Report

This article originally published on Zacks Investment Research (zacks.com).

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