Atlas Air Worldwide Holdings, Inc. (NASDAQ:AAWW) CFO Spencer Schwartz sold 6,500 shares of the firm’s stock in a transaction on Friday, June 28th. The stock was sold at an average price of $44.08, for a total value of $286,520.00. Following the completion of the transaction, the chief financial officer now directly owns 54,741 shares in the company, valued at $2,412,983.28. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website.
Shares of Atlas Air Worldwide stock traded up $0.19 during trading on Friday, reaching $42.74. 162,538 shares of the stock traded hands, compared to its average volume of 207,588. The firm has a market cap of $1.10 billion, a P/E ratio of 5.88 and a beta of 2.05. The firm’s fifty day moving average price is $41.12. The company has a debt-to-equity ratio of 1.29, a current ratio of 0.59 and a quick ratio of 0.59. Atlas Air Worldwide Holdings, Inc. has a 52-week low of $35.04 and a 52-week high of $69.80.
Atlas Air Worldwide (NASDAQ:AAWW) last issued its quarterly earnings data on Wednesday, May 1st. The transportation company reported $0.98 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.86 by $0.12. Atlas Air Worldwide had a return on equity of 10.76% and a net margin of 8.36%. The firm had revenue of $679.70 million during the quarter, compared to analyst estimates of $679.72 million. During the same quarter last year, the business posted $0.86 earnings per share. The business’s quarterly revenue was up 15.2% compared to the same quarter last year. On average, sell-side analysts predict that Atlas Air Worldwide Holdings, Inc. will post 7.47 EPS for the current year.
A number of equities analysts recently commented on the company. Imperial Capital reaffirmed an “in-line” rating and issued a $29.00 target price (down from $33.00) on shares of Whiting Petroleum in a report on Friday, May 3rd. Cowen reaffirmed a “hold” rating on shares of PTC Therapeutics in a report on Thursday, May 2nd. BidaskClub raised ZIOPHARM Oncology from a “buy” rating to a “strong-buy” rating in a report on Monday, June 17th. Finally, Zacks Investment Research raised Hallmark Financial Services from a “hold” rating to a “buy” rating and set a $16.00 price target on the stock in a report on Friday. Two equities research analysts have rated the stock with a sell rating, two have issued a hold rating and five have assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average price target of $67.67.
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.
Featured Story: Short Selling Stocks, A Beginner’s Guide
Receive News & Ratings for Atlas Air Worldwide Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Atlas Air Worldwide and related companies with MarketBeat.com's FREE daily email newsletter.