Air T, Inc., together with its subsidiaries, provides overnight air cargo, ground equipment sale, and ground support services in the United States and internationally. The company's Overnight Air Cargo segment offers air express delivery services. As of March 31, 2018, this segment had 79 aircrafts under the dry-lease agreements with FedEx. Its Ground Equipment Sales segment manufactures, sells, and services aircraft deicers, scissor-type lifts, military and civilian decontamination units, flight-line tow tractors, glycol recovery vehicles, and other specialized equipment. This segment offers its products to passenger and cargo airlines, ground handling companies, the United States Air Force, airports, and industrial customers. The company's Ground Support Services segment provides aircraft ground support equipment, fleet, and facility maintenance services to airlines and aviation service providers. Its Leasing segment provides funding for equipment leasing transactions for the leasing of equipment manufactured by the company and third parties. The company's Printing Equipment and Maintenance segment designs, manufactures, and sells digital print production equipment, spare parts, supplies, and consumable items, as well as provides maintenance contracts. Its Commercial Jet Engines and Parts segment supplies commercial jet engines and components for airlines and original equipment manufacturers, as well as for maintenance, repair, and overhaul service providers. This segment also offers commercial aircraft storage, storage maintenance, and aircraft disassembly/part-out services; commercial aircraft parts, exchanges, procurement services, consignment programs, and overhaul and repair services; and aircraft instrumentation, avionics, and a range of accessories for civilian, military transport, regional/commuter and business/commercial jet, and turboprop aircraft. Air T, Inc. was founded in 1980 and is headquartered in Denver, North Carolina.
Industry, Sector and Symbol
Stock Exchange NASDAQ
Industry Air courier services
Sub-IndustryN/A
SectorTransportation
Current SymbolNASDAQ:AIRT
Previous Symbol
CUSIPN/A
Phone82-8-4648-741x
Debt
Debt-to-Equity Ratio1.71
Current Ratio1.47
Quick Ratio0.80
Price-To-Earnings
Trailing P/E Ratio28.66
Forward P/E RatioN/A
P/E GrowthN/A
Sales & Book Value
Annual Sales$194.52 million
Price / Sales0.29
Cash Flow$2.0422 per share
Price / Cash13.73
Book Value$11.87 per share
Price / Book2.36
Profitability
EPS (Most Recent Fiscal Year)N/A
Net Income$2.27 million
Net Margins1.15%
Return on Equity9.56%
Return on Assets2.44%
Miscellaneous
Employees775
Outstanding Shares2,030,000
Market Cap$67.49 million
OptionableNot Optionable
Air T (NASDAQ:AIRT) Frequently Asked Questions
What is Air T's stock symbol?
Air T trades on the NASDAQ under the ticker symbol "AIRT."
How were Air T's earnings last quarter?
Air T, Inc. (NASDAQ:AIRT) released its earnings results on Tuesday, November, 14th. The transportation company reported $0.21 earnings per share for the quarter. The transportation company had revenue of $48.86 million for the quarter. Air T had a net margin of 1.15% and a return on equity of 9.56%. View Air T's Earnings History.
When is Air T's next earnings date?
Has Air T been receiving favorable news coverage?
News headlines about AIRT stock have been trending somewhat positive on Tuesday, InfoTrie Sentiment Analysis reports. The research firm ranks the sentiment of media coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Air T earned a daily sentiment score of 1.1 on InfoTrie's scale. They also gave headlines about the transportation company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an impact on the stock's share price in the next several days.
Who are some of Air T's key competitors?
Some companies that are related to Air T include Bristow Group (BRS), Dynagas LNG Partners (DLNG), Era Group (ERA), Willis Lease Finance (WLFC), Navios Maritime Partners (NMM), Safe Bulkers (SB), Ardmore Shipping (ASC), Overseas Shipholding Group (OSG), YRC Worldwide (YRCW), Pingtan Marine Enterprise (PME), USA Truck (USAK), Pangaea Logistics Solutions (PANL), StealthGas (GASS), Danaos (DAC) and FreightCar America (RAIL).
Who are Air T's key executives?
Air T's management team includes the folowing people:
- Mr. Nicholas John Swenson, Chairman, CEO & Pres (Age 49)
- Ms. Candice L. Otey, Chief Accounting Officer (Age 35)
- Mr. Brett A. Reynolds, Sr. VP & CFO (Age 49)
- Mr. Mark Jundt, Gen. Counsel
- Ms. Cheryl C. Sigmon, Chief Financial Officer of Air Cargo Segment (Age 62)
Who are Air T's major shareholders?
Air T's stock is owned by many different of institutional and retail investors. Top institutional shareholders include FMR LLC (6.49%) and Wells Fargo & Company MN (2.09%). Company insiders that own Air T stock include Gary S Kohler, John A Reeves and Nicholas John Swenson. View Institutional Ownership Trends for Air T.
Which institutional investors are selling Air T stock?
AIRT stock was sold by a variety of institutional investors in the last quarter, including FMR LLC and Wells Fargo & Company MN. Company insiders that have sold Air T company stock in the last year include Gary S Kohler and John A Reeves. View Insider Buying and Selling for Air T.
How do I buy shares of Air T?
Shares of AIRT 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 Air T's stock price today?
One share of AIRT stock can currently be purchased for approximately $28.04.
How big of a company is Air T?
Air T has a market capitalization of $67.49 million and generates $194.52 million in revenue each year. Air T employs 775 workers across the globe.
What is Air T's official website?
How can I contact Air T?
Air T's mailing address is 5930 BALSOM RIDGE ROAD, DENVER NC, 28037. The transportation company can be reached via phone at 82-8-4648-741x or via email at [email protected]
MarketBeat Community Rating for Air T (NASDAQ AIRT)
MarketBeat's community ratings are surveys of what our community members think about Air T and other stocks. Vote "Outperform" if you believe AIRT will outperform the S&P 500 over the long term. Vote "Underperform" if you believe AIRT will underperform the S&P 500 over the long term. You may vote once every thirty days.
