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 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 return on equity of 4.59% and a net margin of 3.61%. The firm's 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 20th 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 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 equities research analysts have issued 1 year price targets for Airgain's shares. 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 49.5% 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.

Media coverage about AIRG stock has trended extremely negative this week, according to InfoTrie Sentiment Analysis. InfoTrie identifies negative and positive media coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Airgain earned a daily sentiment score of -4.9 on InfoTrie's scale. They also assigned news headlines about the technology company a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an impact on the stock's share price in the near term. View News Stories for Airgain.

Airgain saw a decline in short interest in January. As of January 31st, there was short interest totalling 272,000 shares, a decline of 8.1% from the January 15th total of 296,100 shares. Based on an average trading volume of 58,400 shares, the days-to-cover ratio is presently 4.7 days. Currently, 3.4% of the shares of the stock are sold short. View Airgain's Current Options Chain.

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

Airgain's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Blair William & Co. IL (6.63%), Renaissance Technologies LLC (3.91%), Taylor Frigon Capital Management LLC (2.35%), Cadence Capital Management LLC (1.61%), State Street Corp (1.51%) and Rice Hall James & Associates LLC (1.36%). 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 Goldman Sachs Group Inc., Perkins Capital Management Inc., Blair William & Co. IL, Cadence Capital Management LLC, Chicago Equity Partners LLC, Oxford Asset Management LLP, Wedge Capital Management L L P NC and Victory Capital Management 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 acquired by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, National Investment Services of America LLC, Panagora Asset Management Inc., State Street Corp, Jacobs Levy Equity Management Inc., Acadian Asset Management LLC and UBS Group AG. 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 $9.03.

Airgain has a market capitalization of $87.56 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]