NASDAQ: AAWW (Atlas Air Worldwide Holdings, Inc.) provides outsourced aircraft and aviation operating services. For past years, AAWW has been offering different operating solutions of outsourced cargos and passenger aircraft. Their services also include contractual services arrangements, i.e. the provision of aircraft, providing value-added service, full crew support, maintenance & insurance to the aircraft and its passengers. Other than that, AAWW provides express delivery to different e-commerce retailers and airlines.
Current Stock Price:
Atlas Air Worldwide Holdings stock was trading at $17.98 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then its stock value decreased by 177.8% and is trading now at $49.94(as of 20th July 2020).
Last Quarter Earnings:
NASDAQ: AAWW at https://www.webull.com/quote/nasdaq-aaww earned $643.50 million during the quarter, compared to the consensus estimate of $627.68 million. Atlas Air worldwide had a positive return on equity of 7.15% and a negative net margin of 8.88%. The company issued revenue of $770 million as of next quarter forecasting.
Profit margin is a useful ratio and can help provide an insight into a variety of aspects of financial performance. The profit margin may also indicate certain things about the company’s ability to manage its expenses. NASDAQ: AAWW has a market capitalization of $1.32 billion and generates $2.74billion in revenue each year. As of the most recent Fiscal, the Year company’s earnings per share is $5.24 and Net income (Profit) is $293.11 million.
Research analysts have issued 1-year price targets which range from $32.00 to $51.00. On average, they expect the share price to reach $41.50 in the next year which suggests a decrease of 17.9%from the stock current price.
The Beta factor describes the movement in a stock’s return about the market return and also provides a measure of the systematic risk of security as compared to the whole market. NASDAQ: AAWW Beta value is 1.69 (which is greater than one) indicates that the security will move with more force than the market.
Price to earnings ratio:
It is the ratio of a company’s stock price to the company’s earnings per share and is used to compare the valuation of a company with peers in the industry. Its Forward P/E ratio is 5.98.
Wall Street Analysis:
4 Wall Street analysts have three ratings (“Buy”,” Hold” and “Sell”) for AAWW. They currently have 1 hold rating and 3 buy ratings for the stock, and as a result, there is a recommendation of “Bye”.
NASDAQ: AAWW holds 1.32 billion market capitalizations that have stable share pricing growth for the past few weeks. As a result, many investors have already whitelisted AAWW to trade (sell or buy new shares)! However, you must decide only after considering current analysis reports and the second-quarter earnings report. For more details, you can check at stock trading app.