About Airgain (NASDAQ:AIRG)
Airgain, Inc. is a provider of embedded antenna technologies used to enable wireless networking across a range of home, enterprise and industrial devices. The Company's antennas are found in devices deployed in carrier, enterprise and residential wireless networks and systems, including set top boxes, access points, routers, gateways and digital televisions. It offers six product lines, including MaxBeam High Gain Embedded Antennas, Profile Embedded Antennas, Profile Contour Embedded Antennas, Ultra Embedded Antennas, OmniMax High Performance External Antennas and MaxBeam Carrier Class Antennas. The Company, through its design, integration and testing of embedded antenna technology, provides its technology to the residential wireless local area network, wireless fidelity and antenna market, and also supplies to carriers, original equipment manufacturers, original design manufacturers and system designers. The Company supplies its products in the United States, Europe, Canada and Asia.
Industry, Sector and Symbol:
- Industry: Communications & Networking
- Sub-Industry: N/A
- Sector: Communications & Networking - NEC
- Symbol: NASDAQ:AIRG
- CUSIP: N/A
- Web: www.airgain.com
- Debt-to-Equity Ratio: 0.01%
- Current Ratio: 5.02%
- Quick Ratio: 5.00%
Sales & Book Value:
- Trailing P/E Ratio: 31.25
- Forward P/E Ratio: 130.57
- Annual Sales: $43.43 million
- Price / Sales: 2.02
- Cash Flow: $0.54 per share
- Price / Cash: 17.01
- Book Value: $4.81 per share
- Price / Book: 1.90
- Trailing EPS: $0.17
- Net Income: $3.73 million
- Net Margins: 3.34%
- Return on Equity: 5.95%
- Return on Assets: 4.88%
- Employees: 38
- Outstanding Shares: 9,580,000
Frequently Asked Questions for Airgain (NASDAQ:AIRG)
What is Airgain's stock symbol?
Airgain trades on the NASDAQ under the ticker symbol "AIRG."
Where is Airgain's stock going? Where will Airgain's stock price be in 2017?
5 brokers have issued 1 year target prices for Airgain's shares. Their predictions range from $10.00 to $19.00. On average, they expect Airgain's stock price to reach $15.75 in the next year. 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. " (11/7/2017)
- 2. Cowen and Company analysts commented, "We believe the recent stock weakness is unwarranted considering what we see as strength in AIRG's business in the seasonal slower CQ1 as well as longer-term opportunities. We see the supplier relationship to LeTV normalizing and our recent MWC trip bolstered our confidence in both the connected car antenna market and AIRG's position. Raising estimates and see a buying opportunity. Given the recent weakness in the stock, we conducted a series of checks on Airgain's business and end market, resulting in even more confidence on the solid growth potential for AIRG in both the the video streaming (gateway, set top box, and TV) and automotive end markets." (3/6/2017)
Who are some of Airgain's key competitors?
Some companies that are related to Airgain include Clearfield (CLFD), Ooma (OOMA), TESSCO Technologies Incorporated (TESS), UTStarcom Holdings Corp (UTSI), BATM Advanced Communications Ltd (BVC), Inseego Corp. (INSG), Trakm8 Holdings PLC (TRAK), Lantronix (LTRX), SRT Marine Systems PLC (SRT), Communications Systems (JCS), XG Technology (XGTI), Acme Packet (APKT), Envivio (ENVI), Ftse Wma Sm Conserv (PIC), Global Invacom Group Ltd (GINV) and TNS (TNS).
Who are Airgain's key executives?
Airgain's management team includes the folowing people:
- James Sims, Independent Chairman of the Board (Age 70)
- Charles Myers, President, Chief Executive Officer, Director (Age 55)
- Leo Johnson, Chief Financial Officer, Secretary (Age 62)
- Glenn Robert Selbo, Chief Operating Officer (Age 54)
- Francis X. Egan, Independent Director (Age 61)
- Joan Gillman, Independent Director (Age 53)
- Frances Kordyback, Independent Director (Age 63)
- Thomas A. Munro, Independent Director (Age 60)
- Arthur M. Toscanini, Independent Director (Age 74)
When did Airgain IPO?
(AIRG) raised $14 million in an initial public offering (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 acted as the underwriters for the IPO.
Who owns Airgain stock?
Airgain's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Cortina Asset Management LLC (3.82%), Bank of New York Mellon Corp (2.53%), Royce & Associates LP (2.24%), Skylands Capital LLC (2.14%), Rice Hall James & Associates LLC (1.56%) and Worth Venture Partners LLC (0.47%). Company insiders that own Airgain stock include Arthur M Toscanini, Charles A Myers, Francis X Egan, Glenn Selbo, James K Sims, Leonard Johnson and Thomas A Munro. View Institutional Ownership Trends for Airgain.
Who sold Airgain stock? Who is selling Airgain stock?
Airgain's stock was sold by a variety of institutional investors in the last quarter, including Hood River Capital Management LLC, Royce & Associates LP and Worth Venture Partners LLC. Company insiders that have sold Airgain company stock in the last year include Arthur M Toscanini, Charles A Myers, Glenn Selbo, Leonard Johnson and Thomas A Munro. View Insider Buying and Selling for Airgain.
Who bought Airgain stock? Who is buying Airgain stock?
Airgain's stock was purchased by a variety of institutional investors in the last quarter, including Cortina Asset Management LLC, Skylands Capital LLC, Rice Hall James & Associates LLC, Bank of New York Mellon Corp and Commonwealth Equity Services Inc. Company insiders that have bought Airgain stock in the last two years include Francis X Egan and James K Sims. View Insider Buying and Selling for Airgain.
How do I buy Airgain stock?
Shares of Airgain 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 Airgain stock can currently be purchased for approximately $9.14.
How big of a company is Airgain?
Airgain has a market capitalization of $89.37 million and generates $43.43 million in revenue each year. The technology company earns $3.73 million in net income (profit) each year or $0.17 on an earnings per share basis. Airgain employs 38 workers across the globe.
How can I contact Airgain?
MarketBeat Community Rating for Airgain (NASDAQ AIRG)MarketBeat's community ratings are surveys of what our community members think about Airgain and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Airgain's mailing address is 3611 Valley Centre Dr Ste 150, SAN DIEGO, CA 92130-3331, United States. The technology company can be reached via phone at +1-760-5790200 or via email at [email protected]
Analysts' Consensus Ratings for Airgain (NASDAQ:AIRG) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus analyst ratings for company stocks using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||0 Sell Ratings, 0 Hold Ratings, 5 Buy Ratings, 0 Strong Buy Ratings|
|Consensus Rating:||Buy (Score: 3.00)|
|Consensus Price Target: ||$15.75 (72.32% upside)|Consensus Price Target History for Airgain (NASDAQ:AIRG)
Analysts' Ratings History for Airgain (NASDAQ:AIRG)
(Data available from 11/17/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|11/10/2017||Northland Securities||Reiterated Rating||Buy||$15.00||N/A|
|11/10/2017||B. Riley||Lower Price Target||Buy -> Buy||$12.50 -> $10.00||N/A|
|8/10/2017||Cowen and Company||Reiterated Rating||Buy||$19.00||High|
|2/17/2017||Wunderlich||Upgrade||Hold -> Buy||$19.00||N/A|
|12/15/2016||William Blair||Initiated Coverage||Outperform||N/A|
Earnings History for Airgain (NASDAQ:AIRG)Earnings History by Quarter for Airgain (NASDAQ AIRG)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|5/3/2017||Q1 2017||$0.01||$0.04||$9.98 million||$11.25 million||View||Listen|
|2/16/2017||Q416||$0.09||$0.12||$12.23 million||$12.63 million||View||N/A|
|11/10/2016||Q3 2016||($0.01)||$0.16||$9.65 million||$12.40 million||View||N/A|
Earnings Estimates for Airgain (NASDAQ:AIRG)
2017 EPS Consensus Estimate: $0.04
2018 EPS Consensus Estimate: $0.14
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Dividend History for Airgain (NASDAQ:AIRG)
No dividend announcements for this company have been tracked by MarketBeat.com
Insider Trading and Institutional Ownership History for Airgain (NASDAQ AIRG)
Insider Ownership Percentage: 23.40%Insider Trades by Quarter for Airgain (NASDAQ AIRG)
Institutional Ownership Percentage: 32.21%
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|9/11/2017||Francis X Egan||Director||Buy||10,276||$8.99||$92,381.24|| |
|4/17/2017||Thomas A Munro||Director||Sell||22,000||$14.61||$321,420.00|| |
|4/11/2017||Arthur M Toscanini||Director||Sell||28,500||$15.23||$434,055.00|| |
|3/7/2017||James K Sims||Director||Buy||5,990||$12.53||$75,054.70|| |
|3/6/2017||Francis X Egan||Director||Buy||4,572||$12.48||$57,058.56|| |
|2/7/2017||Glenn Selbo||COO||Sell||19,000||$15.96||$303,240.00|| |
|2/7/2017||Leonard Johnson||CFO||Sell||10,000||$15.97||$159,700.00|| |
|12/14/2016||Charles A Myers||Insider||Sell||50,000||$15.90||$795,000.00|| |
Headline Trends for Airgain (NASDAQ:AIRG)
Latest Headlines for Airgain (NASDAQ AIRG)
|B. Riley Lowers Airgain, Inc. (AIRG) Price Target to $10.00|
www.americanbankingnews.com - November 12 at 5:14 PM
|Airgain, Inc. (AIRG) Stock Rating Reaffirmed by Northland Securities|
www.americanbankingnews.com - November 10 at 11:20 PM
|Airgain Reports Third Quarter 2017 Financial Results - Business Wire (press release)|
www.businesswire.com - November 10 at 2:36 PM
|Airgain misses 3Q profit forecasts|
finance.yahoo.com - November 10 at 2:36 PM
|Airgain Reports Third Quarter 2017 Financial Results|
finance.yahoo.com - November 9 at 4:40 PM
|William Blair Weighs in on Airgain, Inc.'s Q3 2017 Earnings (AIRG)|
www.americanbankingnews.com - November 8 at 9:36 AM
|Zacks Investment Research Upgrades Airgain, Inc. (AIRG) to Hold|
www.americanbankingnews.com - November 7 at 8:26 PM
|Research Analysts Offer Predictions for Airgain, Inc.'s Q2 2018 Earnings (AIRG)|
www.americanbankingnews.com - November 7 at 2:16 PM
|ETFs with exposure to Airgain, Inc. : November 3, 2017|
finance.yahoo.com - November 3 at 3:37 PM
|At $8.72, Is Airgain Inc (AIRG) A Sell?|
finance.yahoo.com - November 1 at 4:04 PM
|Airgain, Inc. (AIRG) Given Consensus Rating of "Buy" by Analysts|
www.americanbankingnews.com - November 1 at 5:48 AM
|Airgain, Inc. (AIRG) Set to Announce Earnings on Wednesday|
www.americanbankingnews.com - November 1 at 4:08 AM
|Comparing Aerohive Networks (HIVE) & Airgain (AIRG)|
www.americanbankingnews.com - October 31 at 5:24 PM
|Contrasting Airgain (AIRG) & Its Rivals|
www.americanbankingnews.com - October 26 at 11:18 PM
|Airgain Sets Third Quarter Conference Call for Thursday, November 9, 2017 at 4:30 pm EST - Business Wire (press release)|
www.businesswire.com - October 26 at 11:14 AM
|Airgain Sets Third Quarter Conference Call for Thursday, November 9, 2017 at 4:30 p.m. EST|
finance.yahoo.com - October 26 at 11:14 AM
|ARRIS International PLC (ARRS) and Airgain (AIRG) Head-To-Head Survey|
www.americanbankingnews.com - October 24 at 10:06 PM
|Airgain, Inc. (AIRG) Expected to Post Quarterly Sales of $13.20 Million|
www.americanbankingnews.com - October 15 at 11:04 AM
|Head-To-Head Comparison: Airgain (AIRG) vs. Its Rivals|
www.americanbankingnews.com - October 15 at 2:10 AM
|Airgain, Inc. (AIRG) Given Consensus Recommendation of "Buy" by Brokerages|
www.americanbankingnews.com - October 7 at 6:52 AM
|New Strong Sell Stocks for October 3rd - Nasdaq|
www.nasdaq.com - October 3 at 3:23 PM
|Airgain (AIRG) and Its Peers Head-To-Head Survey|
www.americanbankingnews.com - October 2 at 10:06 PM
| Analysts Expect Airgain, Inc. (AIRG) Will Announce Earnings of $0.06 Per Share|
www.americanbankingnews.com - September 24 at 2:28 PM
|New Strong Sell Stocks for September 18th - Nasdaq|
www.nasdaq.com - September 18 at 4:06 PM
|Francis X. Egan Buys 10,276 Shares of Airgain, Inc. (AIRG) Stock|
www.americanbankingnews.com - September 13 at 8:50 PM
|Airgain, Inc. (AIRG) Given "Buy" Rating at B. Riley|
www.americanbankingnews.com - September 13 at 11:42 AM
|Airgain Introduces Miniaturized Embedded LTE Antennas for Smart Home and LPWAN Applications - Business Wire (press release)|
www.businesswire.com - September 12 at 8:54 PM
|Airgain Introduces Miniaturized Embedded LTE Antennas for Smart Home and LPWAN Applications|
finance.yahoo.com - September 12 at 8:54 PM
|Airgain, Inc. (AIRG) Receives Average Recommendation of "Buy" from Analysts|
www.americanbankingnews.com - September 12 at 6:56 AM
|ETFs with exposure to Airgain, Inc. : September 12, 2017|
finance.yahoo.com - September 11 at 9:34 PM
|Airgain Inc (AIRG) Earns "Buy" Rating from B. Riley|
www.americanbankingnews.com - September 9 at 6:22 PM
|Airgain to Present at the 6th Annual Liolios Gateway Conference ... - GlobeNewswire (press release)|
globenewswire.com - September 7 at 8:38 PM
|BRIEF-Airgain sees 12-15 pct sales growth in FY 2017|
www.reuters.com - September 7 at 3:36 PM
|Airgain to Present at the 6th Annual Liolios Gateway Conference Today, September 7, 2017|
finance.yahoo.com - September 7 at 3:35 PM
|Airgain Provides Sales Growth Outlook|
finance.yahoo.com - September 7 at 3:35 PM
|ETFs with exposure to Airgain, Inc. : September 1, 2017|
finance.yahoo.com - September 1 at 9:17 PM
|Airgain, Inc. :AIRG-US: Earnings Analysis: Q2, 2017 By the Numbers : August 29, 2017|
finance.yahoo.com - August 29 at 4:00 PM
|Airgain (AIRG) Approves $7M Buyback|
www.streetinsider.com - August 24 at 3:42 PM
|Airgain Announces Share Repurchase Program | Business Wire - Business Wire (press release)|
www.businesswire.com - August 24 at 1:46 AM
|BRIEF-Airgain announces share repurchase program|
www.reuters.com - August 23 at 8:43 PM
|Airgain Announces Share Repurchase Program|
finance.yahoo.com - August 23 at 8:43 PM
|$14.65 Million in Sales Expected for Airgain, Inc. (AIRG) This Quarter|
www.americanbankingnews.com - August 20 at 8:52 AM
|Airgain, Inc. (AIRG) Given Average Rating of "Buy" by Brokerages|
www.americanbankingnews.com - August 18 at 6:40 AM
|Airgain, Inc. (AIRG) Earns "Buy" Rating from B. Riley|
www.americanbankingnews.com - August 14 at 7:56 PM
|Edited Transcript of AIRG earnings conference call or presentation 7-Aug-17 8:30pm GMT|
finance.yahoo.com - August 13 at 1:32 AM
|Analyzing Airgain (NASDAQ:AIRG) & TESSCO Technologies (TESS)|
www.americanbankingnews.com - August 13 at 12:10 AM
|Edited Transcript of AIRG earnings conference call or presentation 10-Nov-16 9:30pm GMT|
finance.yahoo.com - August 10 at 5:05 PM
|Airgain, Inc. (AIRG) Stock Rating Reaffirmed by Cowen and Company|
www.americanbankingnews.com - August 10 at 2:16 PM
|Q3 2017 EPS Estimates for Airgain, Inc. (NASDAQ:AIRG) Reduced by Analyst|
www.americanbankingnews.com - August 10 at 12:10 PM
|US STOCKS-Wall Street swings lower after Trump warns North Korea|
www.nasdaq.com - August 9 at 1:39 AM
Airgain (NASDAQ AIRG) Chart for Friday, November, 17, 2017