NASDAQ:AIRG - Airgain Stock Price, News, & Analysis

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$13.48 -0.06 (-0.44 %)
(As of 05/22/2019 09:18 AM ET)
Previous Close$13.54
Today's Range$13.35 - $13.99
52-Week Range$7.85 - $17.25
Volume97,520 shs
Average Volume103,476 shs
Market Capitalization$135.64 million
P/E RatioN/A
Dividend YieldN/A
Beta1.83
Airgain, Inc. designs, develops, and engineers antenna products for original equipment and design manufacturers, chipset vendors, service providers, and value added resellers and distributors worldwide. Its products include MaxBeam embedded antennas; profile embedded antennas; profile contour embedded antennas; ultra-embedded antennas; OmniMax high performance external antennas; MaxBeam carrier class antennas; and SmartMax embedded antennas, as well as automotive, fleet, public safety, and M2M antennas. The company provides embedded antenna technologies to enable high performance wireless networking across a range of devices and markets, including consumer, enterprise, and automotive. The company was formerly known as AM Group and changed its name to Airgain, Inc. in 2004. Airgain, Inc. was founded in 1995 and is headquartered in San Diego, California.

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Industry, Sector and Symbol

Industry Radio & t.v. communications equipment
Sub-IndustryN/A
SectorComputer and Technology
Current SymbolNASDAQ:AIRG
CUSIPN/A
Phone760-579-0200

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$60.63 million
Book Value$4.58 per share

Profitability

Net Income$-2,580,000.00

Miscellaneous

Employees118
Market Cap$135.64 million
Next Earnings Date8/8/2019 (Estimated)
OptionableOptionable

Airgain (NASDAQ:AIRG) Frequently Asked Questions

What is Airgain's stock symbol?

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

How were Airgain's earnings last quarter?

Airgain Inc (NASDAQ:AIRG) released its earnings results on Thursday, May, 9th. The technology company reported $0.03 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.04 by $0.01. The technology company earned $15.10 million during the quarter, compared to analyst estimates of $15.04 million. Airgain had a negative net margin of 1.83% and a negative return on equity of 2.57%. The business's revenue for the quarter was up 13.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted ($0.07) earnings per share. View Airgain's Earnings History.

When is Airgain's next earnings date?

Airgain is scheduled to release their next quarterly earnings announcement on Thursday, August 8th 2019. View Earnings Estimates for Airgain.

What guidance has Airgain issued on next quarter's earnings?

Airgain updated its second quarter earnings guidance on Thursday, May, 9th. The company provided earnings per share (EPS) guidance of ($0.01)-$0.01 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.06. The company issued revenue guidance of $14.2-$14.4 million, compared to the consensus revenue estimate of $16.33 million.

What price target have analysts set for AIRG?

4 Wall Street analysts have issued 12 month price targets for Airgain's shares. Their predictions range from $16.00 to $22.00. On average, they anticipate Airgain's stock price to reach $18.3333 in the next year. This suggests a possible upside of 36.0% from the stock's current price. View Analyst Price Targets for Airgain.

What is the consensus analysts' recommendation for Airgain?

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

What are Wall Street analysts saying about Airgain stock?

Here are some recent quotes from research analysts about Airgain stock:
  • 1. According to Zacks Investment Research, "Airgain, Inc. is a provider of embedded antenna technologies. It offers antennas for the devices which are deployed in carrier, enterprise and residential wireless networks and systems, including set top boxes, access points, routers, gateways, media adapters and digital televisions. The company also offers residential wireless local area network or wireless fidelity to carriers, original equipment manufacturers, original design manufacturers and system designers. Airgain, Inc. is based in San Diego, United States. " (5/16/2019)
  • 2. Northland Securities analysts commented, "We trim estimates and believe that there is some cushion in our estimates. Maintain our OP and our $17 PT. Key Points AIRG Reports Solid Quarter: AIRG reported non-GAAP earnings of $0.09 on $15.1M versus our estimate of $0.04 on $15.0M. Gross margin was $44.9%, 190 bps above our model and up 350 bps Q/Q. New supply agreements, product mix and revenue growth drove GM expansion in the quarter. We expect GM to hover between 44% and 45% moving forward. Opex was $6.6M, above our model of $6.5M. Higher operating income drove $0.02 of upside and higher than modeled interest income drove an additional $0.02 of upside. Rounding up account for the last penny of upside. On the balance sheet cash and short term investments declined $3.7M to $32.8M. Accounts receivable increased to $8M up $0.3M Q/Q as DSO increased to 48 days up 6 days Q/Q." (5/10/2019)

Has Airgain been receiving favorable news coverage?

Media stories about AIRG stock have trended somewhat positive recently, according to InfoTrie Sentiment. The research group scores the sentiment of media coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Airgain earned a news impact score of 1.5 on InfoTrie's scale. They also gave media stories about the technology company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an effect on the company's share price in the immediate future.

Who are some of Airgain's key competitors?

What other stocks do shareholders of Airgain own?

Who are Airgain's key executives?

Airgain's management team includes the folowing people:
  • Mr. James K. Sims, Chairman & CEO (Age 72)
  • Mr. Jacob Suen, Pres (Age 44)
  • Mr. Anil Kumar Doradla, CFO & Sec. (Age 50)
  • Ms. Kathy Pearson, VP of Global HR & Admin.
  • Ms. Alexis C. Waadt, Director of Investor Relations

When did Airgain IPO?

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

Who are Airgain's major shareholders?

Airgain's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Blair William & Co. IL (6.24%), Taylor Frigon Capital Management LLC (2.39%), Kennedy Capital Management Inc. (1.90%), Royce & Associates LP (1.78%), Rice Hall James & Associates LLC (1.47%) and Alambic Investment Management L.P. (1.42%). Company insiders that own Airgain stock include Anil Doradla, Arthur M Toscanini, Charles A Myers, Francis X Egan, Gen3 Capital Partners, Llc, Jacob Suen and James K Sims. View Institutional Ownership Trends for Airgain.

Which major investors are selling Airgain stock?

AIRG stock was sold by a variety of institutional investors in the last quarter, including Royce & Associates LP, Taylor Frigon Capital Management LLC, Rice Hall James & Associates LLC and Oxford Asset Management LLP. Company insiders that have sold Airgain company stock in the last year include Arthur M Toscanini, Gen3 Capital Partners, Llc and Jacob Suen. View Insider Buying and Selling for Airgain.

Which major investors are buying Airgain stock?

AIRG stock was purchased by a variety of institutional investors in the last quarter, including Cadence Capital Management LLC, Parametric Portfolio Associates LLC, Wedge Capital Management L L P NC, Dimensional Fund Advisors LP, BlackRock Inc., Alambic Investment Management L.P., Punch & Associates Investment Management Inc. and Acadian Asset Management LLC. Company insiders that have bought Airgain stock in the last two years include Anil Doradla, Francis X Egan and Jacob Suen. View Insider Buying and Selling for Airgain.

How do I buy shares of 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, Scottrade, Fidelity and Charles Schwab.

What is Airgain's stock price today?

One share of AIRG stock can currently be purchased for approximately $13.48.

How big of a company is Airgain?

Airgain has a market capitalization of $135.64 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.

What is Airgain's official website?

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

How can I contact Airgain?

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]


MarketBeat Community Rating for Airgain (NASDAQ AIRG)

Community Ranking:  2.4 out of 5 (star star)
Outperform Votes:  213 (Vote Outperform)
Underperform Votes:  223 (Vote Underperform)
Total Votes:  436
MarketBeat's community ratings are surveys of what our community members think about Airgain and other stocks. Vote "Outperform" if you believe AIRG will outperform the S&P 500 over the long term. Vote "Underperform" if you believe AIRG will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 5/22/2019 by MarketBeat.com Staff

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