Montana Technologies (AIRJ) Stock Price, News & Analysis

Company Overview

Montana Technologies Corporation operates as an atmospheric renewable energy and water harvesting technology company. It provides energy and dehumidification, evaporative cooling, and atmospheric water generation through its AirJoule technology. The company is headquartered in Ronan, Montana.

Key Stats

• Today's Range: $6.79 to $7.87
• 50-Day Range: $5.11 to $7.38
• 52-Week Range: $4.94 to $49.11
• Volume: 64,861 shs
• Average Volume: 31,119 shs
• Market Capitalization: $411.66 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

Montana Technologies Stock Analysis - MarketRank™

Montana Technologies scored higher than 26% of companies evaluated by MarketBeat, and ranked 277th out of 338 stocks in the business services sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for Montana Technologies.

Earnings and Valuation

• Score: 0.0 / 5
• Proj. Earnings Growth: N/A

Price to Book Value per Share Ratio

Montana Technologies has a P/B Ratio of 1.55. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

1.36% of the float of Montana Technologies has been sold short.

Short Interest Ratio / Days to Cover

Montana Technologies has a short interest ratio ("days to cover") of 5.3.

Change versus previous month

Short interest in Montana Technologies has recently increased by 7.63%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Montana Technologies does not currently pay a dividend.

Dividend Growth

Montana Technologies does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

1.36% of the float of Montana Technologies has been sold short.

Short Interest Ratio / Days to Cover

Montana Technologies has a short interest ratio ("days to cover") of 5.3.

Change versus previous month

Short interest in Montana Technologies has recently increased by 7.63%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 2.5 / 5
• News Sentiment: 0.55

News Sentiment

Montana Technologies has a news sentiment score of 0.55. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Business Services companies.

News Coverage This Week

MarketBeat has tracked 13 news articles for Montana Technologies this week, compared to 1 article on an average week.

Search Interest

Only 1 people have searched for AIRJ on MarketBeat in the last 30 days. This is a decrease of -67% compared to the previous 30 days.

MarketBeat Follows

1 people have added Montana Technologies to their MarketBeat watchlist in the last 30 days.

Company Ownership

• Score: 5.0 / 5
• Insider Trading: Acquiring Shares

Insider Buying vs. Insider Selling

In the past three months, Montana Technologies insiders have bought more of their company's stock than they have sold. Specifically, they have bought $100,002.00 in company stock and sold $0.00 in company stock.

Percentage Held by Insiders

40.39% of the stock of Montana Technologies is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

63.65% of the stock of Montana Technologies is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

AIRJ Stock Analysis - Frequently Asked Questions

How have AIRJ shares performed this year?

Montana Technologies' stock was trading at $11.48 on January 1st, 2024. Since then, AIRJ shares have decreased by 35.7% and is now trading at $7.38.
View the best growth stocks for 2024 here.

How were Montana Technologies' earnings last quarter?

Montana Technologies Co. (NASDAQ:AIRJ) announced its earnings results on Thursday, August, 22nd. The company reported $0.24 EPS for the quarter.

Who are Montana Technologies' major shareholders?

Top institutional investors of Montana Technologies include Geode Capital Management LLC (0.34%), Kovitz Investment Group Partners LLC (0.16%), Charles Schwab Investment Management Inc. (0.13%) and HighTower Advisors LLC (0.11%).
View institutional ownership trends.

How do I buy shares of Montana Technologies?

Shares of AIRJ stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Montana Technologies own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Montana Technologies investors own include Ashford Hospitality Trust (AHT), Allakos (ALLK), Applied Materials (AMAT), Advanced Micro Devices (AMD), Astra Space (ASTR), BioXcel Therapeutics (BTAI) and Cara Therapeutics (CARA).

Company Calendar

• Last Earnings: 8/22/2024
• Today: 11/17/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Business Services
• Industry: Refrigeration & heating equipment
• Sub-Industry: Machinery
• Current Symbol: NASDAQ:AIRJ
• Previous Symbol: NASDAQ:AIRJ
• CUSIP: N/A
• CIK: 1855474
• Web: www.xpdispac.com
• Phone: 312-262-5642
• Fax: N/A
• Employees: N/A
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): N/A
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $1.24 million
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: 27.45%
• Return on Assets: 15.03%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 7.46
• Quick Ratio: 10.15

Sales & Book Value

• Annual Sales: N/A
• Price / Sales: N/A
• Cash Flow: $0.04 per share
• Price / Cash Flow: 202.09
• Book Value: $4.76 per share
• Price / Book: 1.55

Miscellaneous

• Outstanding Shares: 55,776,000
• Free Float: 33,248,000
• Market Cap: $411.63 million
• Optionable: N/A
• Beta: -0.02