News coverage about Atlas Air Worldwide (NASDAQ:AAWW) has trended somewhat positive recently, according to Accern. The research group ranks the sentiment of press coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Atlas Air Worldwide earned a daily sentiment score of 0.21 on Accern’s scale. Accern also gave media headlines about the transportation company an impact score of 47.6242446330796 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
These are some of the news stories that may have effected Accern Sentiment’s scoring:
- Houston losing its only nonstop flight to Africa, reports say (finance.yahoo.com)
- Atlas Air Worldwide Acquires Two Boeing 777 Freighters For ACMI Service – GlobeNewswire (press release) (globenewswire.com)
- Snow Capital Management LP Has $41.65 Million Holdings in Atlas Air Worldwide Holdings, Inc. (AAWW) (americanbankingnews.com)
- Towle & Co. Has $42.40 Million Position in Atlas Air Worldwide Holdings, Inc. (AAWW) (americanbankingnews.com)
A number of equities research analysts have recently weighed in on AAWW shares. Stifel Nicolaus reiterated a “buy” rating and issued a $81.00 price target on shares of Atlas Air Worldwide in a report on Thursday, January 18th. Zacks Investment Research upgraded Atlas Air Worldwide from a “hold” rating to a “buy” rating and set a $69.00 price target for the company in a report on Monday, January 15th. ValuEngine downgraded Atlas Air Worldwide from a “strong-buy” rating to a “buy” rating in a report on Tuesday, November 14th. Susquehanna Bancshares set a $77.00 price objective on Atlas Air Worldwide and gave the stock a “buy” rating in a research note on Monday, February 26th. Finally, BidaskClub upgraded Atlas Air Worldwide from a “sell” rating to a “hold” rating in a research note on Thursday, January 11th. One equities research analyst has rated the stock with a sell rating, six have given a buy rating and one has issued a strong buy rating to the stock. The company currently has an average rating of “Buy” and a consensus price target of $73.83.
Atlas Air Worldwide (NASDAQ:AAWW) last issued its quarterly earnings data on Thursday, February 22nd. The transportation company reported $2.43 EPS for the quarter, topping the Zacks’ consensus estimate of $2.16 by $0.27. The firm had revenue of $627.95 million during the quarter, compared to the consensus estimate of $592.08 million. Atlas Air Worldwide had a return on equity of 8.27% and a net margin of 10.36%. The firm’s revenue was up 18.5% on a year-over-year basis. During the same period in the prior year, the business earned $2.24 EPS. analysts anticipate that Atlas Air Worldwide will post 5.66 earnings per share for the current year.
In related news, CEO William J. Flynn sold 5,000 shares of the company’s stock in a transaction on Tuesday, January 2nd. The stock was sold at an average price of $58.60, for a total transaction of $293,000.00. Following the completion of the transaction, the chief executive officer now directly owns 166,958 shares in the company, valued at approximately $9,783,738.80. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, SVP Keith H. Mayer sold 864 shares of the business’s stock in a transaction on Wednesday, February 28th. The stock was sold at an average price of $61.69, for a total value of $53,300.16. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 29,891 shares of company stock valued at $1,769,913. 2.50% of the stock is owned by company insiders.
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).
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