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NASDAQ:AIRT

Air T (AIRT) Stock Price, News & Analysis

$22.30
-0.19 (-0.84%)
(As of 09/6/2024 ET)
Today's Range
$22.19
$22.60
50-Day Range
$21.65
$29.57
52-Week Range
$12.53
$30.60
Volume
9,043 shs
Average Volume
18,893 shs
Market Capitalization
$61.55 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
N/A

Air T MarketRank™ Stock Analysis

Analyst Rating
N/A
Upside/​Downside
N/A
Short Interest
Healthy
0.66% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
-0.06mentions of Air T in the last 14 days
Based on 31 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
N/A

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

0.07 out of 5 stars

Transportation Sector

120th out of 120 stocks

Air Courier Services Industry

3rd out of 3 stocks

AIRT stock logo

About Air T Stock (NASDAQ:AIRT)

Air T, Inc., through its subsidiaries, provides overnight air cargo, ground equipment sale, and commercial jet engines and parts in the United States and internationally. The Overnight Air Cargo segment offers air express delivery services. As of March 31, 2023, this segment had 85 aircraft under the dry-lease agreements with FedEx. The Ground Equipment Sales segment manufactures, sells, and services aircraft deicers, scissor-type lifts, military and civilian decontamination units, flight-line tow tractors, glycol recovery vehicles, and other specialized equipment. This segment sells its products to passenger and cargo airlines, ground handling companies, the United States Air Force, airports, and industrial customers. The Commercial Aircraft, Engines and Parts segment offers commercial aircraft trading, leasing, and parts solutions; commercial aircraft storage, storage maintenance, and aircraft disassembly/part-out services; commercial aircraft parts sales, exchanges, procurement services, consignment programs, and overhaul and repair services; and aircraft instrumentation, avionics, and a range of electrical accessories for civilian, military transport, regional/commuter and business/commercial jet, and turboprop aircraft. This segment also provides composite aircraft structures, and repair and support services. Air T, Inc. was incorporated in 1980 and is based in Denver, North Carolina.

AIRT Stock Price History

AIRT Stock News Headlines

The only candlestick pattern worth a darn
It’s widely known that 80% of daily market action is driven by Wall Street algorithms… Now, most people think of the algorithms are “bad” When in reality, they are neither good nor bad… They are simply programmed to buy and sell certain stocks over and over again… But here is the thing… They are predictable… They typically buy the same stocks at the same levels over and over again…
How To Cook Perfectly Crisp Sardines In Your Air Fryer
The only candlestick pattern worth a darn
It’s widely known that 80% of daily market action is driven by Wall Street algorithms… Now, most people think of the algorithms are “bad” When in reality, they are neither good nor bad… They are simply programmed to buy and sell certain stocks over and over again… But here is the thing… They are predictable… They typically buy the same stocks at the same levels over and over again…
Which candidate gets more air?
Heavy rain causes air, road and rail disruption
Ocean Freight Carriers Are Ripe to Compete in the Air
See More Headlines
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Company Calendar

Last Earnings
8/14/2024
Today
9/07/2024
Next Earnings (Estimated)
11/11/2024
Fiscal Year End
3/31/2025

Industry, Sector and Symbol

Industry
Air courier services
Sub-Industry
Transportation
Current Symbol
NASDAQ:AIRT
Employees
500
Year Founded
N/A

Profitability

Net Income
$-6,820,000.00
Pretax Margin
-1.43%

Debt

Sales & Book Value

Annual Sales
$281.81 million
Book Value
$1.87 per share

Miscellaneous

Free Float
933,000
Market Cap
$61.55 million
Optionable
Not Optionable
Beta
0.74
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Key Executives

  • Mr. Nicholas John SwensonMr. Nicholas John Swenson (Age 55)
    Chairman, President & CEO
    Comp: $50k
  • Mr. Brian Ochocki (Age 56)
    CFO & Treasurer
    Comp: $343k
  • Tracy Kennedy
    Chief Accounting Officer
  • Mr. Mark R. Jundt (Age 44)
    Secretary & General Counsel
  • Ms. Katrina Marie-Kramer Philp (Age 38)
    Chief of Staff
  • Mr. Sebastian Lourier
    Principal & CEO of Crestone Air Partners
  • Mr. Michael Moore
    Chief Executive Officer of Global Ground Support LLC
  • Mr. Mark Harris
    CEO of Worthington Aviation, Inc. and AirCo Group
  • Mr. Michael Bandalan
    CEO of Mountain Air Cargo, Inc., & CSA Air, Inc.
  • Mr. Dave Bixler
    President of Jet Yard, LLC

AIRT Stock Analysis - Frequently Asked Questions

How have AIRT shares performed this year?

Air T's stock was trading at $16.90 at the start of the year. Since then, AIRT stock has increased by 32.0% and is now trading at $22.30.
View the best growth stocks for 2024 here
.

How were Air T's earnings last quarter?

Air T, Inc. (NASDAQ:AIRT) posted its quarterly earnings data on Wednesday, August, 14th. The transportation company reported ($0.12) earnings per share (EPS) for the quarter. The transportation company earned $66.41 million during the quarter. Air T had a negative trailing twelve-month return on equity of 88.61% and a negative net margin of 2.35%.

What is Nick Swenson's approval rating as Air T's CEO?

9 employees have rated Air T Chief Executive Officer Nick Swenson on Glassdoor.com. Nick Swenson has an approval rating of 92% among the company's employees. This puts Nick Swenson in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

Who are Air T's major shareholders?

Top institutional shareholders of Air T include Renaissance Technologies LLC (4.29%). Insiders that own company stock include Raymond E Cabillot and Nicholas John Swenson.
View institutional ownership trends
.

How do I buy shares of Air T?

Shares of AIRT 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 Air T own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Air T investors own include Intelsat (I), Bank of America (BAC), Fossil Group (FOSL), Associated British Foods (ABF), Chaarat Gold (CGH), AMC Entertainment (AMC) and Apollo Global Management (APO).

This page (NASDAQ:AIRT) was last updated on 9/7/2024 by MarketBeat.com Staff

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