Susquehanna Bancshares Inc started coverage on shares of Atlas Air Worldwide Holdings (NASDAQ:AAWW) in a research note issued on Thursday. The brokerage set a “positive” rating and a $72.00 price target on the transportation company’s stock. Susquehanna Bancshares Inc’s target price points to a potential upside of 15.80% from the company’s current price.

A number of other equities research analysts also recently issued reports on AAWW. Zacks Investment Research raised shares of Atlas Air Worldwide Holdings from a “hold” rating to a “buy” rating and set a $74.00 price objective for the company in a research report on Monday, August 7th. Cowen and Company reaffirmed an “outperform” rating and issued a $70.00 price objective (up from $60.00) on shares of Atlas Air Worldwide Holdings in a research report on Thursday, August 3rd. BidaskClub downgraded shares of Atlas Air Worldwide Holdings from a “buy” rating to a “hold” rating in a research report on Monday, July 31st. Stifel Nicolaus reaffirmed a “buy” rating on shares of Atlas Air Worldwide Holdings in a research report on Friday, June 2nd. Finally, Imperial Capital reaffirmed an “outperform” rating on shares of Atlas Air Worldwide Holdings in a research report on Friday, May 19th. One equities research analyst has rated the stock with a sell rating and six have issued a buy rating to the company. The company has a consensus rating of “Buy” and a consensus price target of $69.00.

Atlas Air Worldwide Holdings (AAWW) traded up 0.28% on Thursday, reaching $62.35. The company’s stock had a trading volume of 11,789 shares. Atlas Air Worldwide Holdings has a 12 month low of $34.22 and a 12 month high of $67.75. The firm’s 50 day moving average is $58.98 and its 200-day moving average is $54.65. The firm has a market cap of $1.58 billion, a P/E ratio of 26.65 and a beta of 1.45.

Atlas Air Worldwide Holdings (NASDAQ:AAWW) last issued its quarterly earnings data on Wednesday, August 2nd. The transportation company reported $1.09 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.85 by $0.24. Atlas Air Worldwide Holdings had a net margin of 2.98% and a return on equity of 8.11%. The business had revenue of $517.37 million during the quarter, compared to the consensus estimate of $500.44 million. During the same period in the prior year, the firm posted $0.80 EPS. The firm’s quarterly revenue was up 16.7% compared to the same quarter last year. On average, equities research analysts anticipate that Atlas Air Worldwide Holdings will post $4.84 EPS for the current year.

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In other Atlas Air Worldwide Holdings news, CEO William J. Flynn sold 5,000 shares of the business’s stock in a transaction dated Monday, July 10th. The shares were sold at an average price of $55.10, for a total value of $275,500.00. Following the transaction, the chief executive officer now directly owns 211,958 shares in the company, valued at $11,678,885.80. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, Director Duncan J. Mcnabb sold 1,000 shares of the business’s stock in a transaction dated Friday, August 11th. The shares were sold at an average price of $60.65, for a total transaction of $60,650.00. Following the completion of the transaction, the director now owns 12,969 shares in the company, valued at $786,569.85. The disclosure for this sale can be found here. Over the last quarter, insiders sold 26,000 shares of company stock worth $1,464,850. Corporate insiders own 2.50% of the company’s stock.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in AAWW. Municipal Employees Retirement System of Michigan boosted its position in Atlas Air Worldwide Holdings by 1.2% in the first quarter. Municipal Employees Retirement System of Michigan now owns 5,710 shares of the transportation company’s stock worth $317,000 after buying an additional 70 shares during the last quarter. State of Alaska Department of Revenue boosted its position in Atlas Air Worldwide Holdings by 3.0% in the first quarter. State of Alaska Department of Revenue now owns 2,770 shares of the transportation company’s stock worth $153,000 after buying an additional 80 shares during the last quarter. Capstone Asset Management Co. boosted its position in Atlas Air Worldwide Holdings by 0.9% in the second quarter. Capstone Asset Management Co. now owns 8,990 shares of the transportation company’s stock worth $469,000 after buying an additional 80 shares during the last quarter. Louisiana State Employees Retirement System boosted its position in Atlas Air Worldwide Holdings by 1.0% in the first quarter. Louisiana State Employees Retirement System now owns 10,200 shares of the transportation company’s stock worth $566,000 after buying an additional 100 shares during the last quarter. Finally, Arizona State Retirement System boosted its position in Atlas Air Worldwide Holdings by 0.8% in the second quarter. Arizona State Retirement System now owns 13,223 shares of the transportation company’s stock worth $690,000 after buying an additional 100 shares during the last quarter. Hedge funds and other institutional investors own 96.41% of the company’s stock.

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).

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

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