Atlas Air Worldwide (AAWW) to Release Earnings on Thursday

Atlas Air Worldwide (NASDAQ:AAWW) is set to release its earnings data before the market opens on Thursday, February 22nd. Analysts expect Atlas Air Worldwide to post earnings of $2.13 per share for the quarter.

Shares of Atlas Air Worldwide (AAWW) opened at $54.75 on Thursday. The company has a debt-to-equity ratio of 1.21, a quick ratio of 0.66 and a current ratio of 0.66. The firm has a market cap of $1,380.00, a PE ratio of 33.38 and a beta of 1.31. Atlas Air Worldwide has a 1-year low of $45.45 and a 1-year high of $68.70.

In related news, CEO William J. Flynn sold 5,000 shares of the stock in a transaction dated Monday, February 12th. The shares were sold at an average price of $52.00, for a total value of $260,000.00. Following the completion of the transaction, the chief executive officer now directly owns 151,958 shares of the company’s stock, valued at $7,901,816. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, CFO Spencer Schwartz sold 4,027 shares of the stock in a transaction dated Friday, December 22nd. The stock was sold at an average price of $59.75, for a total transaction of $240,613.25. The disclosure for this sale can be found here. Over the last three months, insiders sold 24,222 shares of company stock valued at $1,409,998. 2.50% of the stock is owned by insiders.

A number of research firms have recently weighed in on AAWW. Zacks Investment Research upgraded shares of Atlas Air Worldwide from a “hold” rating to a “buy” rating and set a $60.00 target price for the company in a report on Wednesday, February 7th. BidaskClub lowered shares of Atlas Air Worldwide from a “hold” rating to a “sell” rating in a report on Friday, January 26th. Cowen upgraded shares of Atlas Air Worldwide from a “market perform” rating to an “outperform” rating and increased their target price for the stock from $62.00 to $72.00 in a report on Wednesday, January 10th. Stifel Nicolaus reiterated a “buy” rating and set a $81.00 target price on shares of Atlas Air Worldwide in a report on Thursday, January 18th. Finally, ValuEngine upgraded shares of Atlas Air Worldwide from a “buy” rating to a “strong-buy” rating in a report on Sunday, December 31st. One investment analyst has rated the stock with a sell rating, six have given a buy rating and one has given a strong buy rating to the stock. The stock has a consensus rating of “Buy” and a consensus price target of $70.00.

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About Atlas Air Worldwide

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 for Atlas Air Worldwide (NASDAQ:AAWW)

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