Atlas Air Worldwide Holdings, Inc. (NASDAQ:AAWW)‘s stock had its “outperform” rating restated by investment analysts at Imperial Capital in a report issued on Friday.

Other analysts have also recently issued reports about the company. TheStreet raised Atlas Air Worldwide Holdings from a “c” rating to a “b” rating in a report on Thursday, February 23rd. Seaport Global Securities initiated coverage on Atlas Air Worldwide Holdings in a report on Thursday, March 30th. They set a “buy” rating and a $65.00 price objective for the company. Stifel Nicolaus lifted their price objective on Atlas Air Worldwide Holdings from $58.00 to $63.00 and gave the stock a “buy” rating in a report on Tuesday, February 28th. Zacks Investment Research cut Atlas Air Worldwide Holdings from a “buy” rating to a “hold” rating in a report on Tuesday, February 14th. Finally, Cowen and Company reaffirmed a “market perform” rating and set a $60.00 price objective (up from $55.00) on shares of Atlas Air Worldwide Holdings in a report on Friday, February 24th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and two have issued a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus target price of $60.00.

Analyst Recommendations for Atlas Air Worldwide Holdings (NASDAQ:AAWW)

Atlas Air Worldwide Holdings (NASDAQ:AAWW) opened at 47.55 on Friday. The firm has a market capitalization of $1.20 billion, a P/E ratio of 29.89 and a beta of 1.23. Atlas Air Worldwide Holdings has a 52 week low of $34.22 and a 52 week high of $60.10. The stock’s 50 day moving average price is $53.97 and its 200 day moving average price is $52.35.

Atlas Air Worldwide Holdings (NASDAQ:AAWW) last posted its quarterly earnings results on Wednesday, May 3rd. The transportation company reported $0.31 EPS for the quarter, beating the consensus estimate of $0.30 by $0.01. The business had revenue of $475.40 million during the quarter, compared to analysts’ expectations of $451.72 million. Atlas Air Worldwide Holdings had a positive return on equity of 6.45% and a negative net margin of 1.37%. The company’s quarterly revenue was up 13.6% compared to the same quarter last year. During the same period last year, the firm earned $0.31 EPS. On average, equities analysts expect that Atlas Air Worldwide Holdings will post $4.61 EPS for the current year.

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In other Atlas Air Worldwide Holdings news, CFO Spencer Schwartz sold 20,000 shares of the firm’s stock in a transaction on Tuesday, February 28th. The stock was sold at an average price of $57.16, for a total transaction of $1,143,200.00. Following the completion of the transaction, the chief financial officer now owns 35,382 shares of the company’s stock, valued at $2,022,435.12. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO William J. Flynn sold 5,000 shares of the firm’s stock in a transaction on Monday, May 1st. The stock was sold at an average price of $57.76, for a total value of $288,800.00. Following the transaction, the chief executive officer now directly owns 221,958 shares of the company’s stock, valued at approximately $12,820,294.08. The disclosure for this sale can be found here. Insiders have sold 114,549 shares of company stock valued at $6,556,917 in the last three months. 2.10% of the stock is currently owned by company insiders.

A number of institutional investors have recently added to or reduced their stakes in the company. State Street Corp increased its position in Atlas Air Worldwide Holdings by 5.8% in the fourth quarter. State Street Corp now owns 636,071 shares of the transportation company’s stock valued at $33,171,000 after buying an additional 35,030 shares during the last quarter. Comerica Bank increased its position in Atlas Air Worldwide Holdings by 3.2% in the fourth quarter. Comerica Bank now owns 39,826 shares of the transportation company’s stock valued at $2,079,000 after buying an additional 1,231 shares during the last quarter. State Board of Administration of Florida Retirement System increased its position in Atlas Air Worldwide Holdings by 19.2% in the fourth quarter. State Board of Administration of Florida Retirement System now owns 11,490 shares of the transportation company’s stock valued at $599,000 after buying an additional 1,854 shares during the last quarter. Signia Capital Management LLC bought a new position in Atlas Air Worldwide Holdings during the fourth quarter valued at $1,419,000. Finally, Russell Investments Group Ltd. bought a new position in Atlas Air Worldwide Holdings during the fourth quarter valued at $9,529,000. 98.27% of the stock is owned by institutional investors.

Atlas Air Worldwide Holdings Company Profile

Atlas Air Worldwide Holdings, Inc is a holding company. The Company provides outsourced aircraft and aviation operating services throughout the world, serving Africa, Asia, Australia, Europe, the Middle East, North America and South America through contractual service arrangements, including those through which it provides aircraft to customers and value-added services, including crew, maintenance and insurance (ACMI), as well as those through which it provides crew, maintenance and insurance, but not the aircraft (CMI); cargo and passenger charter services (Charter), and dry leasing aircraft and engines (Dry Leasing).

12 Month Chart for NASDAQ:AAWW

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