Atlas Air Worldwide Holdings (NASDAQ:AAWW) – Stock analysts at Imperial Capital cut their FY2017 EPS estimates for Atlas Air Worldwide Holdings in a report released on Wednesday. Imperial Capital analyst M. Derchin now anticipates that the transportation company will earn $4.63 per share for the year, down from their previous estimate of $4.90. Imperial Capital also issued estimates for Atlas Air Worldwide Holdings’ FY2018 earnings at $5.25 EPS and FY2019 earnings at $6.95 EPS.

Atlas Air Worldwide Holdings (NASDAQ:AAWW) last posted its quarterly earnings results on Tuesday, November 7th. The transportation company reported $1.08 EPS for the quarter, missing the consensus estimate of $1.13 by ($0.05). The firm had revenue of $535.70 million during the quarter, compared to analyst estimates of $521.29 million. Atlas Air Worldwide Holdings had a net margin of 2.06% and a return on equity of 8.14%. The company’s revenue was up 19.6% on a year-over-year basis. During the same period last year, the company earned $1.09 EPS.

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AAWW has been the subject of a number of other reports. Zacks Investment Research raised Atlas Air Worldwide Holdings from a “sell” rating to a “hold” rating in a report on Monday, July 17th. Stifel Nicolaus reissued a “hold” rating and issued a $69.00 target price on shares of Atlas Air Worldwide Holdings in a report on Tuesday, September 12th. Cowen and Company reissued a “hold” rating on shares of Atlas Air Worldwide Holdings in a report on Thursday, October 12th. BidaskClub cut Atlas Air Worldwide Holdings from a “buy” rating to a “hold” rating in a report on Monday, July 31st. Finally, ValuEngine raised Atlas Air Worldwide Holdings from a “buy” rating to a “strong-buy” rating in a report on Friday, September 1st. Two equities research analysts have rated the stock with a sell rating, one has assigned a hold rating, four have given a buy rating and one has assigned a strong buy rating to the stock. The stock presently has a consensus rating of “Buy” and an average target price of $70.00.

Atlas Air Worldwide Holdings (AAWW) opened at $54.75 on Friday. The company has a quick ratio of 0.75, a current ratio of 0.66 and a debt-to-equity ratio of 1.21. The company has a market capitalization of $1,447.46, a P/E ratio of 12.13 and a beta of 1.45. Atlas Air Worldwide Holdings has a twelve month low of $42.75 and a twelve month high of $68.70.

In other news, EVP Adam Richard Kokas sold 10,000 shares of the firm’s stock in a transaction on Thursday, August 31st. The stock was sold at an average price of $66.40, for a total value of $664,000.00. Following the transaction, the executive vice president now directly owns 25,418 shares in the company, valued at approximately $1,687,755.20. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO William J. Flynn sold 5,000 shares of the firm’s stock in a transaction on Monday, October 2nd. The stock was sold at an average price of $66.19, for a total value of $330,950.00. Following the completion of the transaction, the chief executive officer now owns 191,958 shares in the company, valued at $12,705,700.02. The disclosure for this sale can be found here. Insiders sold a total of 40,000 shares of company stock worth $2,599,150 over the last quarter. Corporate insiders own 2.50% of the company’s stock.

A number of institutional investors have recently modified their holdings of the stock. Capstone Asset Management Co. raised its stake in Atlas Air Worldwide Holdings by 0.9% during the 2nd 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 period. Louisiana State Employees Retirement System raised its stake in shares of Atlas Air Worldwide Holdings by 1.0% in the 2nd quarter. Louisiana State Employees Retirement System now owns 10,300 shares of the transportation company’s stock valued at $537,000 after purchasing an additional 100 shares during the period. Arizona State Retirement System raised its stake in shares of Atlas Air Worldwide Holdings by 0.8% in the 2nd quarter. Arizona State Retirement System now owns 13,223 shares of the transportation company’s stock valued at $690,000 after purchasing an additional 100 shares during the period. US Bancorp DE raised its stake in shares of Atlas Air Worldwide Holdings by 3.7% in the 2nd quarter. US Bancorp DE now owns 5,548 shares of the transportation company’s stock valued at $289,000 after purchasing an additional 197 shares during the period. Finally, Legal & General Group Plc raised its stake in shares of Atlas Air Worldwide Holdings by 0.6% in the 1st quarter. Legal & General Group Plc now owns 41,393 shares of the transportation company’s stock valued at $2,295,000 after purchasing an additional 251 shares during the period. 96.40% of the stock is currently owned by institutional investors and hedge funds.

About Atlas Air Worldwide Holdings

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).

Earnings History and Estimates for Atlas Air Worldwide Holdings (NASDAQ:AAWW)

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