NASDAQ:AIRG - Airgain Stock Price, Forecast & News

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

Airgain Inc (NASDAQ:AIRG) released its quarterly earnings results on Thursday, November, 7th. The technology company reported $0.05 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of ($0.06) by $0.11. The technology company earned $13.10 million during the quarter, compared to the consensus estimate of $12.83 million. Airgain had a net margin of 3.61% and a return on equity of 4.59%. Airgain's revenue was down 17.1% on a year-over-year basis. During the same period in the prior year, the firm 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 updated 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 earnings per share 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 Wall Street analysts have issued 1 year price targets for Airgain's stock. Their forecasts range from $11.50 to $17.00. On average, they expect Airgain's share price to reach $13.50 in the next twelve months. This suggests a possible upside of 39.3% 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.

News coverage about AIRG stock has trended very positive this week, according to InfoTrie. The research group identifies negative and positive news coverage by reviewing more than six thousand news and blog sources in real-time. 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 news sentiment score of 3.3 on InfoTrie's scale. They also gave press coverage about the technology company a news buzz of 2.0 out of 10, indicating that recent news coverage is very unlikely to have an impact on the stock's share price in the near future. View News Stories for Airgain.

Airgain saw a drop in short interest in the month of 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 daily volume of 56,800 shares, the short-interest ratio is presently 5.2 days. Approximately 3.7% of the company's stock are sold short. View Airgain's Current Options Chain.

Some companies that are related to Airgain include Casa Systems (CASA), 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) and Sonic Foundry (SOFO).

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 IPO 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 institutional and retail investors. Top institutional investors include Taylor Frigon Capital Management LLC (2.35%), Rice Hall James & Associates LLC (1.36%) 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, Taylor Frigon Capital Management LLC and Rice Hall James & Associates 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 $9.69.

Airgain has a market capitalization of $93.99 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]