S&P 500   4,140.06
DOW   32,832.54
QQQ   320.71
How to Use the MarketBeat Dividend Calculator
Biden Executive Order 14017 Potentially Sending Lithium Stocks Skyrocketing (Ad)
Two Appealing Biotech Stocks for Two Distinct investors
Is Tyson Foods A Buy On Post-Earnings Weakness? 
Pfizer buying spree continues with $5.4B hematology deal
Potential Gold Rush For Investors Sparked By USA Vs. China Trade War (Ad)
Nuclear plant in Ukraine is shelled; Rising dangers feared
Is DoorDash Ready To Sprint Higher? 
Closing prices for crude oil, gold and other commodities
How This Rare Metal Is Going To Solve A $173 TRILLION World Problem… And Could Benefit Investors (Ad)
S&P 500   4,140.06
DOW   32,832.54
QQQ   320.71
How to Use the MarketBeat Dividend Calculator
Biden Executive Order 14017 Potentially Sending Lithium Stocks Skyrocketing (Ad)
Two Appealing Biotech Stocks for Two Distinct investors
Is Tyson Foods A Buy On Post-Earnings Weakness? 
Pfizer buying spree continues with $5.4B hematology deal
Potential Gold Rush For Investors Sparked By USA Vs. China Trade War (Ad)
Nuclear plant in Ukraine is shelled; Rising dangers feared
Is DoorDash Ready To Sprint Higher? 
Closing prices for crude oil, gold and other commodities
How This Rare Metal Is Going To Solve A $173 TRILLION World Problem… And Could Benefit Investors (Ad)
S&P 500   4,140.06
DOW   32,832.54
QQQ   320.71
How to Use the MarketBeat Dividend Calculator
Biden Executive Order 14017 Potentially Sending Lithium Stocks Skyrocketing (Ad)
Two Appealing Biotech Stocks for Two Distinct investors
Is Tyson Foods A Buy On Post-Earnings Weakness? 
Pfizer buying spree continues with $5.4B hematology deal
Potential Gold Rush For Investors Sparked By USA Vs. China Trade War (Ad)
Nuclear plant in Ukraine is shelled; Rising dangers feared
Is DoorDash Ready To Sprint Higher? 
Closing prices for crude oil, gold and other commodities
How This Rare Metal Is Going To Solve A $173 TRILLION World Problem… And Could Benefit Investors (Ad)
S&P 500   4,140.06
DOW   32,832.54
QQQ   320.71
How to Use the MarketBeat Dividend Calculator
Biden Executive Order 14017 Potentially Sending Lithium Stocks Skyrocketing (Ad)
Two Appealing Biotech Stocks for Two Distinct investors
Is Tyson Foods A Buy On Post-Earnings Weakness? 
Pfizer buying spree continues with $5.4B hematology deal
Potential Gold Rush For Investors Sparked By USA Vs. China Trade War (Ad)
Nuclear plant in Ukraine is shelled; Rising dangers feared
Is DoorDash Ready To Sprint Higher? 
Closing prices for crude oil, gold and other commodities
How This Rare Metal Is Going To Solve A $173 TRILLION World Problem… And Could Benefit Investors (Ad)
NASDAQ:AIRT

Air T - AIRT Stock Forecast, Price & News

$15.29
-0.01 (-0.07%)
(As of 08/8/2022 12:00 AM ET)
Add
Compare
Today's Range
$14.87
$15.85
50-Day Range
$14.09
$20.32
52-Week Range
$14.01
$43.05
Volume
1,742 shs
Average Volume
3,892 shs
Market Capitalization
$43.88 million
P/E Ratio
4.06
Dividend Yield
N/A
Price Target
N/A
AIRT stock logo

About Air T (NASDAQ:AIRT) Stock

Air T, Inc., through its subsidiaries, provides overnight air cargo, ground equipment sale, and commercial jet engines and parts, and printing equipment and maintenance services in the United States and internationally. The company's Overnight Air Cargo segment offers air express delivery services. As of March 31, 2022, this segment had 72 aircraft 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 sells its products to passenger and cargo airlines, ground handling companies, the United States Air Force, airports, and industrial customers. Its 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.

Air T Trading Down 3.2 %

Shares of AIRT traded down $0.50 during mid-day trading on Monday, reaching $15.30. The stock had a trading volume of 2 shares, compared to its average volume of 10,809. The company has a debt-to-equity ratio of 5.03, a current ratio of 4.15 and a quick ratio of 1.72. The firm has a market cap of $43.85 million, a price-to-earnings ratio of 4.06 and a beta of 1.26. The business's fifty day moving average is $16.12 and its 200 day moving average is $19.23. Air T has a 52-week low of $14.01 and a 52-week high of $43.05.

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on AIRT. StockNews.com began coverage on shares of Air T in a report on Sunday. They issued a "sell" rating for the company. TheStreet raised shares of Air T from a "d" rating to a "c" rating in a report on Tuesday, July 12th.

Receive AIRT Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Air T and its competitors with MarketBeat's FREE daily newsletter.

AIRT Stock News Headlines

Air T (NASDAQ:AIRT) Now Covered by Analysts at StockNews.com
Air Lease Corporation: A Buy As Profits Expand
10 Analysts Have This to Say About Air Products & Chemicals
See More Headlines
Receive AIRT Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Air T and its competitors with MarketBeat's FREE daily newsletter.

AIRT Company Calendar

Last Earnings
6/28/2022
Today
8/08/2022
Next Earnings (Estimated)
8/11/2022
Fiscal Year End
3/31/2023

Industry, Sector and Symbol

Industry
Air courier services
Sub-Industry
N/A
Current Symbol
NASDAQ:AIRT
Employees
452
Year Founded
N/A

Profitability

Net Income
$10.93 million
Pretax Margin
7.57%

Debt

Sales & Book Value

Annual Sales
$177.08 million
Cash Flow
$4.44 per share
Book Value
$8.94 per share

Miscellaneous

Free Float
1,062,000
Market Cap
$43.88 million
Optionable
Not Optionable
Beta
1.26

Key Executives

  • Mr. Nicholas John Swenson (Age 53)
    Chairman, Pres & CEO
    Comp: $50k
  • Mr. Brian Ochocki (Age 54)
    CFO, Principal Accounting Officer & Treasurer
    Comp: $353.5k
  • Mr. Mitch Pothen
    VP of Technology
  • Mr. Mark Jundt
    Chief Legal Counsel
  • Ms. Cheryl C. Sigmon (Age 66)
    Chief Financial Officer of Air Cargo Segment
  • Ms. Katrina Marie-Kramer Philp (Age 37)
    Chief of Staff
  • Mr. Michael Moore
    Chief Exec. Officer of Global Ground Support LLC
  • Mr. Craig Bentley
    CEO of Mountain Air Cargo, Inc. & CSA Air, Inc.
  • 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 - Frequently Asked Questions

How has Air T's stock price performed in 2022?

Air T's stock was trading at $25.15 at the beginning of 2022. Since then, AIRT stock has decreased by 39.2% and is now trading at $15.29.
View the best growth stocks for 2022 here
.

When is Air T's next earnings date?

Air T is scheduled to release its next quarterly earnings announcement on Thursday, August 11th 2022.
View our AIRT earnings forecast
.

How were Air T's earnings last quarter?

Air T, Inc. (NASDAQ:AIRT) issued its earnings results on Tuesday, June, 28th. The transportation company reported $1.51 EPS for the quarter. The transportation company had revenue of $51.44 million for the quarter. Air T had a net margin of 6.17% and a trailing twelve-month return on equity of 51.50%.

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).

What is Air T's stock symbol?

Air T trades on the NASDAQ under the ticker symbol "AIRT."

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Air T's stock price today?

One share of AIRT stock can currently be purchased for approximately $15.29.

How much money does Air T make?

Air T (NASDAQ:AIRT) has a market capitalization of $43.82 million and generates $177.08 million in revenue each year. The transportation company earns $10.93 million in net income (profit) each year or $3.77 on an earnings per share basis.

How many employees does Air T have?

Air T employs 452 workers across the globe.

How can I contact Air T?

Air T's mailing address is 5930 BALSOM RIDGE ROAD, DENVER NC, 28037. The official website for the company is www.airt.net. The transportation company can be reached via phone at (828) 464-8741, via email at info@amstock.com, or via fax at 82-8-4655-281x.

This page (NASDAQ:AIRT) was last updated on 8/9/2022 by MarketBeat.com Staff

MarketBeat Resources

Premium Research Tools

MarketBeat All Access subscribers can access stock screeners, the Idea Engine, data export tools, research reports, and other premium tools.

Discover All Access

Market Data and Calendars

Looking for new stock ideas? Want to see which stocks are moving? View our full suite of financial calendars and market data tables, all for free.

View Market Data

Investing Education and Resources

Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies and more.

Financial Terms
Details Here
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau MarketBeat is rated as Great on TrustPilot

© American Consumer News, LLC dba MarketBeat® 2010-2022. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | contact@marketbeat.com | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Privacy Policy | Do Not Sell My Information | RSS Feeds

© 2022 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see Barchart's disclaimer.