Atlas Air Worldwide Holdings (AAWW) : 3 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on Atlas Air Worldwide Holdings (AAWW). Zacks Investment Research suggests a Sell with a rank of 4. 1 analysts perceive the stock to be overvalued at the existing levels, hence their call is to Sell the stock.The median of all the 4 Wall Street Analysts endorse the stock as a Hold with a rating of 3.18.
Atlas Air Worldwide Holdings (AAWW) : The most positive equity analysts on Atlas Air Worldwide Holdings (AAWW) expects the shares to touch $55, whereas, the least positive believes that the stock will trade at $42 in the short term. The company is covered by 4 Wall Street Brokerage Firms. The average price target for shares are $45.75 with an expected fluctuation of $6.24 from the mean.
Company shares have received an average consensus rating of Hold for the current week Atlas Air Worldwide Holdings (NASDAQ:AAWW): The stock opened at $35.47 on Thursday but the bulls could not build on the opening and the stock topped out at $36.28 for the day. The stock traded down to $34.98 during the day, due to lack of any buying support eventually closed down at $35.02 with a loss of -0.45% for the day. The stock had closed at $35.18 on the previous day. The total traded volume was 236,931 shares.
In a related news, The Securities and Exchange Commission has divulged that Flynn William J, director officer (President & CEO) of Atlas Air Worldwide Holdings Inc, had unloaded 10,000 shares at an average price of $45.01 in a transaction dated on June 6, 2016. The total value of the transaction was worth $450,100.
Atlas Air Worldwide Holdings, Inc. (AAWW) is a holding company with a principal wholly owned operating subsidiary, Atlas Air, Inc. (Atlas). The Company is a global provider of outsourced aircraft and aviation operating services, operating a fleet of around 747 freighters, as well as operating 747 and 767 passenger aircraft and 767 freighters. It operates through three segments: ACMI, Charter and Dry Leasing. The ACMI segment provides aircraft, crew, maintenance and insurance services to customers. Also included in the ACMI segment is CMI, which provides crew, maintenance and insurance services. The Charter segment provides full planeload air cargo and passenger aircraft charters to customers, including the air mobility command (AMC), brokers, freight forwarders, direct shippers, airlines, sports teams and fans, and private charter customers. The Dry Leasing segment provides the leasing of aircraft and engines to customers, and operates through Titan, a cargo aircraft dry lessor.