NASDAQ:AIRG - Airgain Stock Price, Forecast & News

Airgain trades on the NASDAQ under the ticker symbol "AIRG."

Airgain Inc (NASDAQ:AIRG) posted its quarterly earnings results on Thursday, November, 7th. The technology company reported $0.05 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of ($0.06) by $0.11. The technology company earned $13.10 million during the quarter, compared to analysts' expectations of $12.83 million. Airgain had a return on equity of 4.59% and a net margin of 3.61%. The company's revenue was down 17.1% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.09 earnings per share. View Airgain's Earnings History.

Airgain is scheduled to release their next quarterly earnings announcement on Thursday, February 13th 2020. View Earnings Estimates for Airgain.

Airgain issued an update on its fourth quarter 2019 After-Hours earnings guidance on Monday, November, 25th. The company provided earnings per share (EPS) guidance of $0.04-0.05 for the period, compared to the Thomson Reuters consensus estimate of $0.04. The company issued revenue guidance of $$13-13.5 million, compared to the consensus revenue estimate of $$14.21 million.

4 analysts have issued 1 year price objectives for Airgain's stock. Their forecasts range from $11.50 to $17.00. On average, they anticipate Airgain's share price to reach $13.50 in the next twelve months. This suggests a possible upside of 32.9% from the stock's current price. View Analyst Price Targets for Airgain.

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Airgain in the last year. There are currently 2 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Airgain.

Press coverage about AIRG stock has been trending very negative on Saturday, InfoTrie Sentiment reports. InfoTrie identifies negative and positive media coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Airgain earned a news sentiment score of -3.0 on InfoTrie's scale. They also gave news coverage about the technology company a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an effect on the stock's share price in the next several days. View News Stories for Airgain.

Airgain saw a decline in short interest in November. As of November 29th, there was short interest totalling 303,400 shares, a decline of 10.6% from the November 14th total of 339,400 shares. Based on an average daily volume of 57,700 shares, the short-interest ratio is currently 5.3 days. Approximately 3.8% of the company's shares are short sold. View Airgain's Current Options Chain.

Some companies that are related to Airgain include CalAmp (CAMP), Sierra Wireless (SWIR), Casa Systems (CASA), KVH Industries (KVHI), PC Tel (PCTI), Cambium Networks (CMBM), SeaChange International (SEAC), Ceragon Networks (CRNT), Pointer Telocation (PNTR), Aviat Networks (AVNW), Vuzix (VUZI), SGOCO Group (SGOC), Energous (WATT), Digital Ally (DGLY) and Technical Communications (TCCO).

Based on aggregate information from My MarketBeat watchlists, some companies that other Airgain investors own include Clovis Oncology (CLVS), Himax Technologies (HIMX), NF Energy Saving (BIMI), NVIDIA (NVDA), Del Taco Restaurants (TACO), AK Steel (AKS), Antares Pharma (ATRS), Aurinia Pharmaceuticals (AUPH), Corbus Pharmaceuticals (CRBP) and Horizon Therapeutics (HZNP).

(AIRG) raised $14 million in an initial public offering (IPO) on Friday, August 12th 2016. The company issued 1,500,000 shares at $9.00-$10.00 per share. Northland Capital Markets and Wunderlich acted as the underwriters for the IPO.

Airgain's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Taylor Frigon Capital Management LLC (2.28%), Cadence Capital Management LLC (1.78%), Rice Hall James & Associates LLC (1.32%), State Street Corp (1.27%), Perkins Capital Management Inc. (0.65%) and Chicago Equity Partners LLC (0.44%). Company insiders that own Airgain stock include Anil Doradla, Arthur M Toscanini, Charles A Myers, Gen3 Capital Partners, Llc, Jacob Suen and James K Sims. View Institutional Ownership Trends for Airgain.

AIRG stock was sold by a variety of institutional investors in the last quarter, including Perkins Capital Management Inc., Cadence Capital Management LLC, Taylor Frigon Capital Management LLC, Barclays PLC and Navellier & Associates Inc. Company insiders that have sold Airgain company stock in the last year include Arthur M Toscanini, Gen3 Capital Partners, Llc, Jacob Suen and James K Sims. View Insider Buying and Selling for Airgain.

AIRG stock was purchased by a variety of institutional investors in the last quarter, including Chicago Equity Partners LLC, National Investment Services Inc. WI, State Street Corp, Squarepoint Ops LLC, Millennium Management LLC, Russell Investments Group Ltd. and Rice Hall James & Associates LLC. Company insiders that have bought Airgain stock in the last two years include Anil Doradla and Jacob Suen. View Insider Buying and Selling for Airgain.

Shares of AIRG can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

One share of AIRG stock can currently be purchased for approximately $10.16.

Airgain has a market capitalization of $98.55 million and generates $60.63 million in revenue each year. The technology company earns $-2,580,000.00 in net income (profit) each year or ($0.27) on an earnings per share basis. Airgain employs 118 workers across the globe.View Additional Information About Airgain.

The official website for Airgain is http://www.airgain.com/.

Airgain's mailing address is 3611 VALLEY CENTRE DRIVE SUITE 150, SAN DIEGO CA, 92130. The technology company can be reached via phone at 760-579-0200 or via email at [email protected]