Trade-Ideas LLC identified

Air Transport Services Group

(

ATSG

) as a new lifetime high candidate. In addition to specific proprietary factors, Trade-Ideas identified Air Transport Services Group as such a stock due to the following factors:

  • ATSG has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $8.8 million.
  • ATSG has traded 13,229 shares today.
  • ATSG is trading at a new lifetime high.

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More details on ATSG:

Air Transport Services Group, Inc., through its subsidiaries, provides aircraft leasing, airline operations, and aircraft maintenance and other support services to the air cargo transportation and package delivery industries in the United States and internationally. ATSG has a PE ratio of 24. Currently there are 2 analysts that rate Air Transport Services Group a buy, no analysts rate it a sell, and none rate it a hold.

The average volume for Air Transport Services Group has been 397,700 shares per day over the past 30 days. Air Transport Services Group has a market cap of $921.3 million and is part of the services sector and transportation industry. The stock has a beta of 1.43 and a short float of 2.3% with 2.13 days to cover. Shares are up 43.1% year-to-date as of the close of trading on Thursday.

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TheStreetRatings.com

Analysis:

TheStreet Quant Ratings

rates Air Transport Services Group as a

hold

. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance and impressive record of earnings per share growth. However, as a counter to these strengths, we find that the company's profit margins have been poor overall.

Highlights from the ratings report include:

  • The revenue growth came in higher than the industry average of 4.2%. Since the same quarter one year prior, revenues rose by 15.0%. Growth in the company's revenue appears to have helped boost the earnings per share.
  • Powered by its strong earnings growth of 110.00% and other important driving factors, this stock has surged by 55.20% over the past year, outperforming the rise in the S&P 500 Index during the same period. Regarding the stock's future course, our hold rating indicates that we do not recommend additional investment in this stock despite its gains in the past year.
  • The debt-to-equity ratio is somewhat low, currently at 0.87, and is less than that of the industry average, implying that there has been a relatively successful effort in the management of debt levels. Despite the fact that ATSG's debt-to-equity ratio is low, the quick ratio, which is currently 0.60, displays a potential problem in covering short-term cash needs.
  • The return on equity has improved slightly when compared to the same quarter one year prior. This can be construed as a modest strength in the organization. In comparison to the other companies in the Air Freight & Logistics industry and the overall market, AIR TRANSPORT SERVICES GROUP's return on equity is significantly below that of the industry average and is below that of the S&P 500.
  • The gross profit margin for AIR TRANSPORT SERVICES GROUP is currently lower than what is desirable, coming in at 31.31%. It has decreased from the same quarter the previous year. Regardless of the weak results of the gross profit margin, the net profit margin of 8.13% is above that of the industry average.

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