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S&P 500   5,011.12
DOW   37,775.38
QQQ   423.41
What's Driving Tesla Lower Ahead of its Earnings?
Stock market today: Wall Street drifts to a mixed finish as yields tick higher
How major US stock indexes fared Thursday, 4/18/2024
3 Steel Stocks Could Soar on New China Tariffs
These are the Top 4 Stocks for Buybacks in 2024
CSX Co.: The Railroad Powering Ahead with an Earnings Beat
'There is no time to waste': EU leaders want to boost competitiveness to close gap with US and China
S&P 500   5,011.12
DOW   37,775.38
QQQ   423.41
What's Driving Tesla Lower Ahead of its Earnings?
Stock market today: Wall Street drifts to a mixed finish as yields tick higher
How major US stock indexes fared Thursday, 4/18/2024
3 Steel Stocks Could Soar on New China Tariffs
These are the Top 4 Stocks for Buybacks in 2024
CSX Co.: The Railroad Powering Ahead with an Earnings Beat
'There is no time to waste': EU leaders want to boost competitiveness to close gap with US and China
S&P 500   5,011.12
DOW   37,775.38
QQQ   423.41
What's Driving Tesla Lower Ahead of its Earnings?
Stock market today: Wall Street drifts to a mixed finish as yields tick higher
How major US stock indexes fared Thursday, 4/18/2024
3 Steel Stocks Could Soar on New China Tariffs
These are the Top 4 Stocks for Buybacks in 2024
CSX Co.: The Railroad Powering Ahead with an Earnings Beat
'There is no time to waste': EU leaders want to boost competitiveness to close gap with US and China
NASDAQ:AIRT

Air T (AIRT) Stock Price, News & Analysis

$21.91
-0.47 (-2.10%)
(As of 04/18/2024 ET)
Today's Range
$20.56
$22.58
50-Day Range
$15.17
$24.46
52-Week Range
$12.53
$28.62
Volume
2,841 shs
Average Volume
8,159 shs
Market Capitalization
$61.79 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
N/A
AIRT stock logo

About Air T Stock (NASDAQ:AIRT)

Air T, Inc., through its subsidiaries, provides overnight air cargo, ground equipment sale, and commercial jet engines and parts in the United States and internationally. The Overnight Air Cargo segment offers air express delivery services. As of March 31, 2023, this segment had 85 aircraft under the dry-lease agreements with FedEx. The 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 sells its products to passenger and cargo airlines, ground handling companies, the United States Air Force, airports, and industrial customers. The Commercial Aircraft, Engines and Parts segment offers commercial aircraft trading, leasing, and parts solutions; commercial aircraft storage, storage maintenance, and aircraft disassembly/part-out services; commercial aircraft parts sales, exchanges, procurement services, consignment programs, and overhaul and repair services; and aircraft instrumentation, avionics, and a range of electrical accessories for civilian, military transport, regional/commuter and business/commercial jet, and turboprop aircraft. This segment also provides composite aircraft structures, and repair and support services. Air T, Inc. was incorporated in 1980 and is based in Denver, North Carolina.

AIRT Stock Price History

AIRT Stock News Headlines

Biden’s $374B Giveaway Into This Sector
Biden’s Climate Bill Could Send Your Retirement Accounts Soaring – Or Diving See what this $374B giveaway could mean for your retirement right here
Biden’s $374B Giveaway Into This Sector
Biden’s Climate Bill Could Send Your Retirement Accounts Soaring – Or Diving See what this $374B giveaway could mean for your retirement right here
When to Expect the Next MacBook Air to Launch
See More Headlines
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Company Calendar

Last Earnings
2/12/2024
Today
4/18/2024
Next Earnings (Estimated)
6/25/2024
Fiscal Year End
3/31/2025

Industry, Sector and Symbol

Industry
Air courier services
Sub-Industry
N/A
Current Symbol
NASDAQ:AIRT
Employees
584
Year Founded
N/A

Profitability

Net Income
$-12,300,000.00
Pretax Margin
-4.05%

Debt

Sales & Book Value

Annual Sales
$247.32 million
Book Value
$4.60 per share

Miscellaneous

Free Float
954,000
Market Cap
$61.79 million
Optionable
Not Optionable
Beta
0.76
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Key Executives

  • Mr. Nicholas John SwensonMr. Nicholas John Swenson (Age 55)
    Chairman, President & CEO
    Comp: $50k
  • Mr. Brian Ochocki (Age 56)
    CFO & Treasurer
    Comp: $343k
  • Tracy Kennedy
    Chief Accounting Officer
  • Mr. Mitch Pothen
    Vice President of Technology
  • Mr. Mark R. Jundt (Age 44)
    Secretary & General Counsel
  • Ms. Katrina Marie-Kramer Philp (Age 38)
    Chief of Staff
  • Mr. Sebastian Lourier
    Principal & CEO of Crestone Air Partners
  • Mr. Michael Moore
    Chief Executive Officer of Global Ground Support LLC
  • Mr. Mark Harris
    CEO of Worthington Aviation, Inc. and AirCo Group
  • Mr. Michael Bandalan
    CEO of Mountain Air Cargo, Inc., & CSA Air, Inc.

AIRT Stock Analysis - Frequently Asked Questions

How have AIRT shares performed in 2024?

Air T's stock was trading at $16.90 on January 1st, 2024. Since then, AIRT shares have increased by 29.6% and is now trading at $21.91.
View the best growth stocks for 2024 here
.

Are investors shorting Air T?

Air T saw a increase in short interest in March. As of March 31st, there was short interest totaling 13,200 shares, an increase of 24.5% from the March 15th total of 10,600 shares. Based on an average daily volume of 7,900 shares, the short-interest ratio is currently 1.7 days. Currently, 0.9% of the company's stock are sold short.
View Air T's Short Interest
.

When is Air T's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, June 25th 2024.
View our AIRT earnings forecast
.

How were Air T's earnings last quarter?

Air T, Inc. (NASDAQ:AIRT) issued its earnings results on Monday, February, 12th. The transportation company reported ($1.06) earnings per share (EPS) for the quarter. The transportation company had revenue of $63.76 million for the quarter. Air T had a negative trailing twelve-month return on equity of 87.44% and a negative net margin of 4.91%.

What is Nick Swenson's approval rating as Air T's CEO?

9 employees have rated Air T Chief Executive Officer Nick Swenson on Glassdoor.com. Nick Swenson has an approval rating of 92% among the company's employees. This puts Nick Swenson in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Air T own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Air T investors own include Intelsat (I), Bank of America (BAC), Fossil Group (FOSL), Associated British Foods (ABF), Chaarat Gold (CGH), AMC Entertainment (AMC), Apollo Global Management (APO), Ciena (CIEN), First Data (FDC) and Air Canada (AC).

How do I buy shares of Air T?

Shares of AIRT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:AIRT) was last updated on 4/18/2024 by MarketBeat.com Staff

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