Somewhat Favorable News Coverage Somewhat Unlikely to Impact Atlas Air Worldwide (AAWW) Stock Price

Media stories about Atlas Air Worldwide (NASDAQ:AAWW) have been trending somewhat positive this week, according to Accern Sentiment Analysis. Accern identifies positive and negative press coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Atlas Air Worldwide earned a news sentiment score of 0.17 on Accern’s scale. Accern also assigned news headlines about the transportation company an impact score of 45.0124003912908 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.

Here are some of the headlines that may have effected Accern Sentiment’s rankings:

Atlas Air Worldwide (AAWW) opened at $59.25 on Friday. 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 stock has a market cap of $1,474.01, a price-to-earnings ratio of 56.97 and a beta of 1.38. Atlas Air Worldwide has a fifty-two week low of $45.45 and a fifty-two week high of $68.70.

Atlas Air Worldwide (NASDAQ:AAWW) last posted its quarterly earnings data on Tuesday, November 7th. The transportation company reported $1.08 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $1.13 by ($0.05). The firm had revenue of $535.70 million for the quarter, compared to analysts’ expectations of $521.29 million. Atlas Air Worldwide had a return on equity of 8.14% and a net margin of 2.06%. Atlas Air Worldwide’s revenue was up 19.6% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.09 earnings per share. sell-side analysts anticipate that Atlas Air Worldwide will post 4.58 earnings per share for the current fiscal year.

A number of analysts have commented on AAWW shares. Zacks Investment Research lowered shares of Atlas Air Worldwide from a “hold” rating to a “sell” rating in a research note on Thursday, November 9th. Stifel Nicolaus upgraded shares of Atlas Air Worldwide from a “hold” rating to a “buy” rating and set a $69.00 price target for the company in a research note on Tuesday, November 7th. ValuEngine lowered shares of Atlas Air Worldwide from a “strong-buy” rating to a “buy” rating in a research note on Tuesday, November 14th. Cowen restated a “hold” rating on shares of Atlas Air Worldwide in a research note on Thursday, October 12th. Finally, BidaskClub upgraded shares of Atlas Air Worldwide from a “strong sell” rating to a “sell” rating in a research note on Thursday, December 21st. Two research analysts have rated the stock with a sell rating, one has issued a hold rating, four have issued a buy rating and one has given a strong buy rating to the company’s stock. Atlas Air Worldwide has an average rating of “Buy” and an average price target of $70.00.

In related news, CFO Spencer Schwartz sold 4,027 shares of the business’s stock in a transaction dated Friday, December 22nd. The shares were sold at an average price of $59.75, for a total value of $240,613.25. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CEO William J. Flynn sold 5,000 shares of the business’s stock in a transaction dated 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 $9,783,738.80. The disclosure for this sale can be found here. Insiders have sold a total of 29,222 shares of company stock worth $1,819,448 over the last ninety days. Insiders own 2.50% of the company’s stock.

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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).

Insider Buying and Selling by Quarter for Atlas Air Worldwide (NASDAQ:AAWW)

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