Atlas Air Worldwide (AAWW) Downgraded by Zacks Investment Research to Sell

Atlas Air Worldwide stock has undergone multiple analysts rating changes in the recent past.  Atlas Air Worldwide Downgraded by Zacks Investment Research on 10-11-21. In a note to investors, the firm issued a new rating of Sell. The analysts previously had rating of Hold.

Shares of Atlas Air Worldwide traded down -$1.40 on Monday, reaching $80.25. 285699 shares of the stock traded hands, compared to its average volume of 526586. Shares of Atlas Air Worldwide were trading at $80.25 on Monday. The firm’s 50 day moving average is $75.96 and its 200 day moving average is $66.43.Atlas Air Worldwide has a 12 month low of $79.67 and a 12 month high of $86.45. While on yearly highs and lows, Atlas Air Worldwide’s today has traded high as $82.03 and has touched $79.67 on the downward trend. See More Analyst Rating at: RATING

Atlas Air Worldwide Earnings and What to expect: 

Atlas Air Worldwide last announced its earnings data on August 4th, 2021. The transportation company reported $4.10 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.37 by $0.73. The business had revenue of $990.43 million for the quarter, compared to analysts’ expectations of $959.10 million. Its revenue was up 20.0% compared to the same quarter last year. Atlas Air Worldwide has generated $13.67 earnings per share over the last year ($15.51 diluted earnings per share) and currently has a price-to-earnings ratio of 5.2. Earnings for Atlas Air Worldwide are expected to decrease by -26.96% in the coming year, from $15.06 to $11.00 per share. Atlas Air Worldwide has not formally confirmed its next earnings publication date, but the company’s estimated earnings date is Thursday, November 4th, 2021 based off prior year’s report dates.

Earnings for Atlas Air Worldwide are expected to decrease by -26.96% in the coming year, from $15.06 to $11.00 per share. The P/E ratio of Atlas Air Worldwide is 5.17, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 14.63. The P/E ratio of Atlas Air Worldwide is 5.17, which means that it is trading at a less expensive P/E ratio than the Transportation sector average P/E ratio of about 43.30. Atlas Air Worldwide has a P/B Ratio of 0.98. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Atlas Air Worldwide (AAWW) Moving Average Technical Analysis

5 day Moving Average is $82.96 And 5 day price change is -$3.94 (-4.68%)  with average volume for 5 day average is 459,980. While technical analysis for average 20 days shows significant difference, 20 day moving average is  $79.93 and 20 day price change is $7.04 (9.62%) and average 20 day moving volume is 613,525. 50 day moving average is $75.96  and 50 day price change is $13.28 ( 19.83%)  and with average volume for 50 days is : 479,352. 200 day moving average is $66.43  and 200 day price change is $24.50 (43.95%)  and with average volume for 200 days is : 455,781.

Other owners latest trading in Atlas Air Worldwide :

  • On 10/8/2021 shares held by Wedbush Securities Inc. were 2,525 which equates to market value of $0.21M and appx 0.00% owners of Atlas Air Worldwide
  • On 10/7/2021 shares held by State of Alaska Department of Revenue were 19,694 which equates to market value of $1.61M and appx 0.00% owners of Atlas Air Worldwide
  • On 9/3/2021 shares held by Parametric Portfolio Associates LLC were 233,487 which equates to market value of $15.90M and appx 0.00% owners of Atlas Air Worldwide
  • In total Institutional ownership equates to There is no enough data Institutional Ownership Percentage for Atlas Air Worldwide

See More Analyst Rating at: RATING