When you think about how cargo is transported from one place to another, you may imagine railroads, semi-trucks or even ships.
But the leading method of freight forwarding fast Is air.
E-commerce giant Amazon uses air transportation to transport long-distance cargo.
In this chart, you can see the amount of transportation the U.S. will deliver by 2025.
53.2 billion tons of cargo transported over a mile by air in 2020 will be An increase of 42.1% in just five years!
In 2018, the market value was $ 1.1 billion. By 2026, analysts expect this to happen double To $ 2 billion.
Today’s Power Stock is an air cargo transportation company that partnered with Amazon: Air Transport Services Group Inc. (NASDAQ: ATSG).
Air Transport leases aircraft and transports cargo in the United States and beyond.
It provides aircraft, crews, maintenance, fuel and more.
Its headquarters in Wilmington, Ohio, are just 65 miles from the center of Amazon’s air cargo in Cincinnati.
ATSG stock achieves “strong bullish” 98 out of 100 On our stock rating system, and we expect it to beat the broad market 3 times in the next 12 months.
ATSG Stock: Exceptional growth + solid value
In researching air transportation inventory, two items caught my eye:
- Last year the company reported Total revenue of $ 1.93 billion Company record.
- In 2015, she began her relationship with Amazon.com Inc. (NASDAQ: AMZN) by supplying five cargo planes for Prime Air. Since then, ATSG has expanded Amazon’s fleet to 35.
At ATSG, we have exceptional growth stock with solid value and a strong upward momentum peak.
The company Increased earnings per share by 466.6% from 2020 to 2021.
Its quarterly sales jumped 29.2% in the first quarter of 2022.
This type of performance is awarded an ATSG rating of 97 On our quality index – b The top 3% of all the stocks we rank!
ATSG’s trading multipliers are all compatible or lower than its cargo transport counterparts. The stock is trading at a price to cash flow of 4.6 – better than the industry average of 6.5.
ATSG shares reached a 52-week low of $ 21.62 in July 2021.
In March, it reached a 52-week high of $ 34.15 – A jump of 58% in stock value in just seven months!
While the wider sale affected ATSG, the stock remained 19.6% higher than a year ago. It continues to smash the cargo transportation and infrastructure services industry, which has risen by only 0.1%.
Air Transport Services Group Inc 98 in total On our proprietary stock rating system.
That means we are “strong bulls” and expect it to beat the broad market At least three times in the next 12 months.
As supply chain problems continue to grip the global economy, moving goods from place to place is even more important.
ATSG’s excellent growth and value make it a promising stock for your investment portfolio!
Stay tuned: The Texas energy producer ranks 96th overall
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Stay tuned for the next issue, where I will share all the details about an excellent power company serving 6 million people in the single star country.
Matt Clark, CMSA®
Researcher, Money and Markets Analyst
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ATSG Stock: Amazon Air Partner’s Growth Potential Source link ATSG Stock: Amazon Air Partner’s Growth Potential