A number of other research firms have also recently issued reports on AAWW. Imperial Capital restated an outperform rating and set a $79.00 price target (up from $76.00) on shares of Atlas Air Worldwide in a report on Wednesday, February 20th. They noted that the move was a valuation call. Zacks Investment Research cut shares of Atlas Air Worldwide from a hold rating to a sell rating in a research note on Thursday, January 17th. ValuEngine upgraded shares of Atlas Air Worldwide from a strong sell rating to a sell rating in a research note on Tuesday, January 29th. Finally, Stifel Nicolaus set a $68.00 target price on shares of Atlas Air Worldwide and gave the company a buy rating in a research note on Tuesday, March 5th. Three investment analysts have rated the stock with a sell rating, one has issued a hold rating and four have issued a buy rating to the stock. Atlas Air Worldwide presently has an average rating of Hold and a consensus target price of $70.40.
Shares of NASDAQ AAWW traded up $0.14 during mid-day trading on Friday, reaching $50.06. The company had a trading volume of 93,671 shares, compared to its average volume of 266,487. Atlas Air Worldwide has a twelve month low of $35.59 and a twelve month high of $75.29. The company has a current ratio of 0.77, a quick ratio of 0.77 and a debt-to-equity ratio of 1.07. The company has a market capitalization of $1.29 billion, a PE ratio of 6.89 and a beta of 1.83.
Institutional investors have recently modified their holdings of the stock. Group One Trading L.P. increased its holdings in shares of Atlas Air Worldwide by 122.4% in the fourth quarter. Group One Trading L.P. now owns 583 shares of the transportation company’s stock valued at $25,000 after purchasing an additional 3,183 shares in the last quarter. Quantamental Technologies LLC bought a new position in Atlas Air Worldwide in the fourth quarter valued at approximately $38,000. Flinton Capital Management LLC boosted its stake in Atlas Air Worldwide by 26.6% in the fourth quarter. Flinton Capital Management LLC now owns 3,120 shares of the transportation company’s stock valued at $132,000 after acquiring an additional 656 shares during the last quarter. 6 Meridian bought a new position in Atlas Air Worldwide in the first quarter valued at approximately $213,000. Finally, Marshall Wace LLP bought a new position in shares of Atlas Air Worldwide during the third quarter worth $305,000.
About Atlas Air Worldwide
Atlas Air Worldwide Holdings, Inc, through its subsidiaries, provides outsourced aircraft and aviation operating services. It operates through three segments: ACMI, Charter, and Dry Leasing. The company offers outsourced cargo and passenger aircraft operating solutions, including contractual service arrangements, such as the provision of aircraft; and value-added services, including crew, maintenance, and insurance to aircraft and other customers.
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