$Air Transport Services (ATSG.US)$🎯 2023.8.1 Current price ...

New data: 2023Q1

Revenue increased by 3.1%, operating profit shrank sharply by 32% due to costs and other expenses, and net profit shrank sharply by 60%. Judging from the quarterly report, profit has been shrinking continuously for 4 months.

Currently, the price-earnings ratio is 8.9, and the price-earnings ratio has risen slightly to 10.3. If you calculate the 5-year average net profit of 120 million yuan, the price-earnings ratio is 12, which is too high for cyclical stocks.