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Air T (AIRT) Stock Price, News & Analysis

Air T logo
$19.39 +1.07 (+5.84%)
(As of 11/22/2024 ET)

About Air T Stock (NASDAQ:AIRT)

Key Stats

Today's Range
$18.22
$19.60
50-Day Range
$15.16
$21.85
52-Week Range
$12.53
$30.60
Volume
6,398 shs
Average Volume
19,559 shs
Market Capitalization
$53.52 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
N/A
Consensus Rating
N/A

Company Overview

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.

Air T Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
13th Percentile Overall Score

AIRT MarketRank™: 

Air T scored higher than 13% of companies evaluated by MarketBeat, and ranked 114th out of 126 stocks in the transportation sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    There is not enough analysis data for Air T.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Air T is -22.29, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Air T is -22.29, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Book Value per Share Ratio

    Air T has a P/B Ratio of 6.08. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Read more about Air T's valuation and earnings.
  • Percentage of Shares Shorted

    2.51% of the float of Air T has been sold short.
  • Short Interest Ratio / Days to Cover

    Air T has a short interest ratio ("days to cover") of 1.2, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Air T has recently increased by 24.18%, indicating that investor sentiment is decreasing significantly.
  • Dividend Yield

    Air T does not currently pay a dividend.

  • Dividend Growth

    Air T does not have a long track record of dividend growth.

  • Percentage of Shares Shorted

    2.51% of the float of Air T has been sold short.
  • Short Interest Ratio / Days to Cover

    Air T has a short interest ratio ("days to cover") of 1.2, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Air T has recently increased by 24.18%, indicating that investor sentiment is decreasing significantly.
  • News Sentiment

    Air T has a news sentiment score of 1.94. 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 is a higher news sentiment than the 0.68 average news sentiment score of Transportation companies.
  • Search Interest

    Only 1 people have searched for AIRT on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Air T insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    67.65% of the stock of Air T is held by insiders. A high percentage of insider ownership can be a sign of company health.

  • Percentage Held by Institutions

    Only 8.90% of the stock of Air T is held by institutions.

  • Read more about Air T's insider trading history.
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AIRT Stock News Headlines

Election warning coming true…
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Air T Reports Growth Amidst Market Challenges
See More Headlines

AIRT Stock Analysis - Frequently Asked Questions

Air T's stock was trading at $16.90 at the beginning of 2024. Since then, AIRT shares have increased by 14.7% and is now trading at $19.39.
View the best growth stocks for 2024 here
.

Air T, Inc. (NASDAQ:AIRT) issued its quarterly earnings data on Tuesday, November, 14th. The transportation company reported $0.21 earnings per share (EPS) for the quarter. The transportation company earned $48.86 million during the quarter. Air T had a negative net margin of 0.88% and a negative trailing twelve-month return on equity of 35.95%.

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.

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

Company Calendar

Last Earnings
11/14/2017
Today
11/22/2024
Next Earnings (Estimated)
2/10/2025
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
0.14%

Debt

Sales & Book Value

Annual Sales
$286.83 million
Book Value
$3.19 per share

Miscellaneous

Free Float
893,000
Market Cap
$53.52 million
Optionable
Not Optionable
Beta
0.72
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This page (NASDAQ:AIRT) was last updated on 11/23/2024 by MarketBeat.com Staff
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