NASDAQ:AIRG - Airgain Stock Price, Forecast & News

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

Airgain Inc (NASDAQ:AIRG) announced its quarterly earnings data on Thursday, November, 7th. The technology company reported $0.05 EPS for the quarter, beating the Thomson Reuters' consensus estimate of ($0.06) by $0.11. The technology company had revenue of $13.10 million for the quarter, compared to the consensus estimate of $12.83 million. Airgain had a return on equity of 4.59% and a net margin of 3.61%. Airgain's quarterly revenue was down 17.1% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.09 EPS. 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 EPS guidance of $0.04-0.05 for the period, compared to the Thomson Reuters consensus EPS 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 brokerages have issued 1-year target prices for Airgain's stock. Their forecasts range from $11.50 to $17.00. On average, they anticipate Airgain's stock price to reach $13.50 in the next year. This suggests a possible upside of 38.5% 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.

Headlines about AIRG stock have been trending very negative this week, InfoTrie Sentiment Analysis reports. The research firm rates the sentiment of media coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Airgain earned a coverage optimism score of -3.0 on InfoTrie's scale. They also assigned media stories 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 near future. View News Stories for Airgain.

Airgain saw a drop in short interest in January. As of January 15th, there was short interest totalling 296,100 shares, a drop of 9.9% from the December 31st total of 328,800 shares. Based on an average trading volume of 56,800 shares, the days-to-cover ratio is currently 5.2 days. Currently, 3.7% of the shares of the stock are short sold. View Airgain's Current Options Chain.

Some companies that are related to Airgain include Sierra Wireless (SWIR), CalAmp (CAMP), Cambium Networks (CMBM), KVH Industries (KVHI), Ceragon Networks (CRNT), PC Tel (PCTI), SeaChange International (SEAC), Pointer Telocation (PNTR), Aviat Networks (AVNW), SGOCO Group (SGOC), Vuzix (VUZI), Energous (WATT), ParkerVision (PRKR), 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), NVIDIA (NVDA), Del Taco Restaurants (TACO), AK Steel (AKS), Antares Pharma (ATRS), Aurinia Pharmaceuticals (AUPH), NF Energy Saving (BIMI), Corbus Pharmaceuticals (CRBP) and Horizon Therapeutics (HZNP).

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

Airgain's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Taylor Frigon Capital Management LLC (2.35%) and Wedge Capital Management L L P NC (0.66%). 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 Wedge Capital Management L L P NC and Taylor Frigon Capital Management LLC. 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.

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 $9.75.

Airgain has a market capitalization of $94.58 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]