Atlas Air Worldwide Holdings Inc. (NASDAQ:AAWW)’s traded shares stood at 0.35 million during the last session, with the company’s beta value hitting 1.20. At the close of trading, the stock’s price was $81.65, to imply a decrease of -1.86% or -$1.55 in intraday trading. The AAWW share’s 52-week high remains $86.45, putting it -5.88% down since that peak but still an impressive 38.49% since price per share fell to its 52-week low of $50.22. The company has a valuation of $2.32B, with an average of 0.63 million shares in intraday trading volume over the past 10 days and average of 437.81K shares over the past 3 months.
Analysts have given a consensus recommendation of an Overweight for Atlas Air Worldwide Holdings Inc. (AAWW), translating to a mean rating of 2.00. Of 8 analyst(s) looking at the stock, 0 analyst(s) give AAWW a Sell rating. 0 of those analysts rate the stock as Overweight while 2 advise Hold as 6 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at $4.22.
Atlas Air Worldwide Holdings Inc. (NASDAQ:AAWW) trade information
After registering a -1.86% downside in the last session, Atlas Air Worldwide Holdings Inc. (AAWW) has traded red over the past five days. The stock hit a weekly high of 86.45 this Friday, 10/08/21, dropping -1.86% in its intraday price action. The 5-day price performance for the stock is -2.20%, and 11.79% over 30 days. With these gigs, the year-to-date price performance is 49.71%. Short interest in Atlas Air Worldwide Holdings Inc. (NASDAQ:AAWW) saw shorts transact 3.08 million shares and set a 7.02 days time to cover.
Analysts on Wall Street suggest a consensus price target of $93.71, implying an increase of 12.87% to the stock’s current value. The extremes give us $76.00 and $118.00 for target low and target high price respectively. As such, AAWW has been trading -44.52% off suggested target high and 6.92% from its likely low.
Atlas Air Worldwide Holdings Inc. (AAWW) estimates and forecasts
Looking at statistics comparing Atlas Air Worldwide Holdings Inc. share performance against respective industry, we note that the company has outperformed competitors. Atlas Air Worldwide Holdings Inc. (AAWW) shares are 27.26% up over the last 6 months, with its year-to-date growth rate higher than industry average at 10.17% against 7.70%. Revenue is forecast to grow 48.60% this quarter before falling -2.30% for the next one. The rating firms project that company’s revenue will grow 22.00% compared to the previous financial year.
Revenue forecast for the current quarter as set by 5 analysts is $1 billion. Meanwhile, for the quarter ending Dec 2021, a total of 4 analyst(s) estimate revenue growth to $1.04 billion.Earnings reports from the last fiscal year show that sales brought in $797.2 million and $932.48 million respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to rise 25.60% before jumping 11.70% in the following quarter.
An assessment of the company’s 5-year growth patterns shows that annual earnings grew an estimated 115.40% for the past 5-year period. While 2021 is set for a 218.90% return in earnings, projections for the next 5 years are at 10.00% annually.
Atlas Air Worldwide Holdings Inc. has its next earnings report out between November 03 and November 08. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. Atlas Air Worldwide Holdings Inc. has a forward dividend ratio of 0, with the share yield ticking at 0.00% to continue the rising pattern observed over the past year. The company’s average dividend yield trailing the past 5-year period is 0.00%.
Atlas Air Worldwide Holdings Inc. (NASDAQ:AAWW)’s Major holders
Atlas Air Worldwide Holdings Inc. insiders hold 1.33% of total outstanding shares, with institutional holders owning 103.98% of the shares at 105.38% float percentage. In total, 103.98% institutions holds shares in the company, led by Blackrock Inc. As of Mar 30, 2021, the company held over 4.26 million shares (or 14.67% of shares), all amounting to roughly $257.22 million.
The next major institution holding the largest number of shares is Vanguard Group, Inc. (The) with 3.12 million shares, or about 10.76% of shares outstanding. As of the market price on Mar 30, 2021, these shares were worth $188.66 million.
We also have iShares Core S&P Smallcap ETF and Vanguard Total Stock Market Index Fund as the top two Mutual Funds with the largest holdings of the Atlas Air Worldwide Holdings Inc. (AAWW) shares. Going by data provided on May 30, 2021, iShares Core S&P Smallcap ETF holds roughly 1.84 million shares. This is just over 6.33% of the total shares, with a market valuation of $137.58 million. Data from the same date shows that the other fund manager holds a little less at 0.82 million, or 2.82% of the shares, all valued at about 49.48 million.