Maxim Group Raises Atlas Air Worldwide Holdings to Buy (AAWW)

By admin | 6 years ago

Atlas Air Worldwide Holdings (NASDAQ: AAWW) was upgraded by equities research analysts at Maxim Group from a “hold” rating to a “buy” rating in a research note issued to investors on Friday. The firm currently has a $65.00 price target on the stock.

Other equities research analysts have also recently issued reports about the stock. Analysts at FBR Capital (NASDAQ: FBCM) raised their price target on shares of Atlas Air Worldwide Holdings from $61.00 to $71.00 in a research note to investors on Friday. They now have an “outperform” rating on the stock. Finally, analysts at Stephens upgraded shares of Atlas Air Worldwide Holdings from an “equal weight” rating to an “overweight” rating in a research note to investors on Tuesday, March 13rd.

Atlas Air Worldwide Holdings traded down 2.06% on Friday, hitting $50.90. Atlas Air Worldwide Holdings has a 1-year low of $29.50 and a 1-year high of $69.66. The company has a market cap of $1.339 billion and a price-to-earnings ratio of 13.99.

Atlas Air Worldwide Holdings last released its earnings data on Thursday, May 3rd. The company reported $0.51 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.16 by $0.35. Atlas Air Worldwide Holdings’s revenue was up 20.7% compared to the same quarter last year. Analysts expect that Atlas Air Worldwide Holdings will post $1.56 EPS next quarter.

Atlas Air Worldwide Holdings, Inc. (AAWW) is a holding company with a principal wholly owned operating subsidiary, Atlas Air, Inc.

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