Air Transport Services ( (ATSG) ) has issued an update.
On April 11, 2025, Air Transport Services Group, Inc. (ATSG) completed its acquisition by Stonepeak, a leading alternative investment firm, in an all-cash transaction valued at approximately $3.1 billion. As a result of the merger, ATSG’s common shares ceased trading on NASDAQ, and the company will focus on enhancing its capabilities and sustaining long-term growth as a private entity. The merger also led to changes in the company’s financial structure, including the conversion of 2029 Notes into cash, the issuance of new secured notes, and the establishment of new credit facilities. These changes are expected to impact ATSG’s operations and market positioning, offering potential benefits to its stakeholders.
Spark’s Take on ATSG Stock
According to Spark, TipRanks’ AI Analyst, ATSG is a Neutral.
Air Transport Services scores moderately due to solid financial performance with strengthened balance sheet and improved cash flows. However, the decline in EBIT margin and negative valuation metrics like the P/E ratio pose significant risks. The stock shows upward technical momentum but is near overbought levels, which could limit further gains. The absence of earnings call data and corporate events reduces insights into recent strategic directions.
To see Spark’s full report on ATSG stock, click here.
More about Air Transport Services
Air Transport Services Group (ATSG) is a premier provider of aircraft leasing and cargo and passenger air transportation solutions for both domestic and international air carriers. It is the global leader in freighter aircraft leasing with a fleet that includes Boeing 767, Airbus A321, and Airbus A330 converted freighters. ATSG offers a unique Lease+Plus aircraft leasing opportunity and operates through a diverse portfolio of subsidiaries, including ABX Air, Inc., Airborne Global Solutions, Inc., and others, providing air cargo lift, passenger ACMI, and charter services, as well as aircraft maintenance, airport ground services, and material handling equipment engineering and service.
YTD Price Performance: 2.32%
Average Trading Volume: 1,202,489
Technical Sentiment Signal: Strong Sell
Current Market Cap: $1.48B
For a thorough assessment of ATSG stock, go to TipRanks’ Stock Analysis page.