William Payne - Air Transport President
| ATSG Stock | USD 12.91 0.18 1.41% |
President
Mr. W. Joseph Payne is Senior Vice President, Corporationrationrate General Counsel, Secretary and Chief Legal Officer of Air W. Joseph Payne is the Chief Legal Officer and Secretary for ATSG. Payne is responsible for directing the Companys legal and regulatory affairs, as well as overseeing corporate compliance, governance and security matters. He advises the Board of Directors and senior management on a variety of legal issues, including with respect to the development and implementation of strategic initiatives, business transactions, corporate governance and compliance matters, and litigation. Payne also retains and oversees the work of outside counsel. Payne joined ABX Air as a Contract Manager in April 1995 and held positions as Assistant Corporationrationrate Secretary and Corporationrationrate SecretaryCounsel from July 1996 to January 2004. He was promoted to Vice President, General Counsel and Secretary of ABX Air in January 2004. In December 2007, ATSG was formed from the reorganization of ABX Air for the purpose of creating a holding company structure and Payne was named Senior Vice President, Corporationrationrate General Counsel and Secretary of ATSG. In May 2016, he was named Chief Legal Officer and Secretary. Prior to joining ABX Air, Payne practiced law in the greater Cincinnati area from 1992 to 1995 and worked as an accountant for HookSuperX Drugs from 1987 to 1989, prior to attending law school. Payne earned a Juris Doctor from the University of Dayton School of Law, and a Bachelor of Business Administration from the University of Cincinnati College of Business Administration, where he majored in accounting since 2016.
| Age | 53 |
| Tenure | 8 years |
| Address | 145 Hunter Drive, Wilmington, OH, United States, 45177 |
| Phone | 937 382 5591 |
| Web | https://www.atsginc.com |
William Payne Latest Insider Activity
Tracking and analyzing the buying and selling activities of William Payne against Air Transport stock is an integral part of due diligence when investing in Air Transport. William Payne insider activity provides valuable insight into whether Air Transport is net buyers or sellers over its current business cycle. Note, Air Transport insiders must abide by specific rules, including filing SEC forms every time they buy or sell Air Transport'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.
William Payne over a year ago Acquisition by William Payne of 2857 shares of HarborOne Bancorp subject to Rule 16b-3 |
Air Transport Management Efficiency
The company has return on total asset (ROA) of 0.0272 % which means that it generated a profit of $0.0272 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.043 %, meaning that it created $0.043 on every $100 dollars invested by stockholders. Air Transport's management efficiency ratios could be used to measure how well Air Transport manages its routine affairs as well as how well it operates its assets and liabilities. The Air Transport's current Return On Tangible Assets is estimated to increase to 0.02. The Air Transport's current Return On Capital Employed is estimated to increase to 0.06. At this time, Air Transport's Other Assets are most likely to decrease significantly in the upcoming years. The Air Transport's current Non Current Assets Total is estimated to increase to about 3.8 B, while Total Current Assets are projected to decrease to roughly 215.1 M.Similar Executives
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Management Performance
| Return On Equity | 0.043 | ||||
| Return On Asset | 0.0272 |
Air Transport Services Leadership Team
Elected by the shareholders, the Air Transport's board of directors comprises two types of representatives: Air Transport inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Air. The board's role is to monitor Air Transport's management team and ensure that shareholders' interests are well served. Air Transport's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Air Transport's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Joseph Hete, CEO and President Director and CEO of Abx Air Inc | ||
| Arthur Lichte, Director | ||
| Jeffrey Vorholt, Independent Director | ||
| Richard Baudouin, Independent Director | ||
| John Teets, Independent Director | ||
| Laura Peterson, Director | ||
| Raymond Johns, Director | ||
| Mike Berger, Chief Commercial Officer | ||
| Randy Rademacher, Independent Director | ||
| Edward III, Chief Officer | ||
| Richard Corrado, Chief Commercial Officer and President of Cargo Aircraft Management Inc and President of Airborne Global Solutions Inc | ||
| Quint Turner, Chief Officer | ||
| Paul Chase, Chief Officer | ||
| Joseph Payne, Sr. VP, Corporate General Counsel and Corporate Secretary | ||
| Michael Berger, Chief Commercial Officer | ||
| William Payne, Senior Vice President Corporate General Counsel, Secretary and Chief Legal Officer | ||
| Matthew Fedders, VP Controller | ||
| Robert Coretz, Director | ||
| Edward Smethwick, Vice Development | ||
| Deborah Loveless, Vice Capital | ||
| James OGrady, President Inc |
Air Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Air Transport a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
| Return On Equity | 0.043 | ||||
| Return On Asset | 0.0272 | ||||
| Profit Margin | 0.03 % | ||||
| Operating Margin | 0.02 % | ||||
| Current Valuation | 2.61 B | ||||
| Shares Outstanding | 65.68 M | ||||
| Shares Owned By Insiders | 22.02 % | ||||
| Shares Owned By Institutions | 83.60 % | ||||
| Number Of Shares Shorted | 3.77 M | ||||
| Price To Earning | 11.64 X |
Pair Trading with Air Transport
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Air Transport position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Air Transport will appreciate offsetting losses from the drop in the long position's value.Moving together with Air Stock
| 0.62 | HA | Hawaiian Holdings | PairCorr |
Moving against Air Stock
| 0.81 | SKYW | SkyWest | PairCorr |
| 0.68 | J | Jacobs Solutions Financial Report 14th of May 2024 | PairCorr |
| 0.63 | DAL | Delta Air Lines Financial Report 11th of July 2024 | PairCorr |
| 0.61 | JBLU | JetBlue Airways Corp | PairCorr |
| 0.6 | B | Barnes Group Earnings Call This Week | PairCorr |
The ability to find closely correlated positions to Air Transport could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Air Transport when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Air Transport - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Air Transport Services to buy it.
The correlation of Air Transport is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Air Transport moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Air Transport Services moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Air Transport can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Air Transport Services. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state. You can also try the Stocks Directory module to find actively traded stocks across global markets.
Complementary Tools for Air Stock analysis
When running Air Transport's price analysis, check to measure Air Transport's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Air Transport is operating at the current time. Most of Air Transport's value examination focuses on studying past and present price action to predict the probability of Air Transport's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Air Transport's price. Additionally, you may evaluate how the addition of Air Transport to your portfolios can decrease your overall portfolio volatility.
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Is Air Transport's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Air Transport. If investors know Air will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Air Transport listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.58) | Earnings Share 0.82 | Revenue Per Share 30.166 | Quarterly Revenue Growth (0.03) | Return On Assets 0.0272 |
The market value of Air Transport Services is measured differently than its book value, which is the value of Air that is recorded on the company's balance sheet. Investors also form their own opinion of Air Transport's value that differs from its market value or its book value, called intrinsic value, which is Air Transport's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Air Transport's market value can be influenced by many factors that don't directly affect Air Transport's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Air Transport's value and its price as these two are different measures arrived at by different means. Investors typically determine if Air Transport is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Air Transport's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.