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Atlas Air Worldwide Holdings (NASDAQ:AAWW) shares reached a new 52-week low during mid-day trading on Wednesday , ARN reports. The stock traded as low as $30.91 and last traded at $31.44, with a volume of 261,435 shares. The stock had previously closed at $31.56.

Several analysts have recently commented on the stock. Analysts at Imperial Capital cut their price target on shares of Atlas Air Worldwide Holdings from $45.00 to $33.00 in a research note on Thursday, February 13th. They now have an “in-line” rating on the stock. Separately, analysts at FBR Capital Markets cut their price target on shares of Atlas Air Worldwide Holdings from $38.00 to $31.00 in a research note on Thursday, February 13th. They now have a “market perform” rating on the stock. Finally, analysts at Morgan Stanley downgraded shares of Atlas Air Worldwide Holdings from an “equal weight” rating to an “underweight” rating in a research note on Tuesday, February 11th. They now have a $30.00 price target on the stock. Three equities research analysts have rated the stock with a sell rating, five have given a hold rating and one has given a buy rating to the company. The company presently has an average rating of “Hold” and an average target price of $37.43.

The stock has a 50-day moving average of $36.49 and a 200-day moving average of $41.11. The company has a market cap of $786.9 million and a P/E ratio of 8.62.

Atlas Air Worldwide Holdings (NASDAQ:AAWW) last posted its quarterly earnings results on Wednesday, February 12th. The company reported $1.66 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.44 by $0.22. The company had revenue of $470.60 million for the quarter, compared to the consensus estimate of $433.64 million. During the same quarter in the previous year, the company posted $1.83 earnings per share. The company’s revenue for the quarter was up 3.9% on a year-over-year basis. Analysts expect that Atlas Air Worldwide Holdings will post $3.12 EPS for the current fiscal year.

Atlas Air Worldwide Holdings, Inc (NASDAQ:AAWW) is a holding company with a principal operating subsidiary, Atlas Air, Inc (Atlas).

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