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NASDAQ:AIRT

Air T Stock Forecast, Price & News

$10.00
0.00 (0.00 %)
(As of 09/25/2020 12:00 AM ET)
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Today's Range
$9.65
Now: $10.00
$10.00
50-Day Range
$10.00
MA: $11.40
$13.23
52-Week Range
$9.06
Now: $10.00
$24.50
Volume1,342 shs
Average Volume3,083 shs
Market Capitalization$28.82 million
P/E Ratio6.02
Dividend YieldN/A
Beta1.29
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.
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Beat the Market (BTM) Rank

Analyst Opinion: 0.0Community Rank: 2.2Dividend Strength: 0.0Insider Behavior: 1.0Valuation: 1.3 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

0.89 out of 5 stars


Industry, Sector and Symbol

Industry Air courier services
Sub-IndustryN/A
Current SymbolNASDAQ:AIRT
CUSIPN/A
Phone82-8-4648-741x

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$236.79 million
Cash Flow$1.80 per share
Book Value$8.59 per share

Profitability

Net Income$7.66 million

Miscellaneous

Employees775
Market Cap$28.82 million
Next Earnings Date11/11/2020 (Estimated)
OptionableNot Optionable
$10.00
0.00 (0.00 %)
(As of 09/25/2020 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Air T (NASDAQ:AIRT) Frequently Asked Questions

How has Air T's stock price been impacted by COVID-19?

Air T's stock was trading at $16.75 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, AIRT stock has decreased by 40.3% and is now trading at $10.00.
View which stocks have been most impacted by COVID-19
.

When is Air T's next earnings date?

Air T is scheduled to release its next quarterly earnings announcement on Wednesday, November 11th 2020.
View our earnings forecast for Air T
.

How were Air T's earnings last quarter?

Air T, Inc. (NASDAQ:AIRT) issued its earnings results on Friday, August, 14th. The transportation company reported ($0.29) earnings per share (EPS) for the quarter. The transportation company earned $36.97 million during the quarter. Air T had a net margin of 2.22% and a negative return on equity of 11.44%.
View Air T's earnings history
.

Are investors shorting Air T?

Air T saw a increase in short interest in August. As of August 31st, there was short interest totaling 2,200 shares, an increase of 10.0% from the August 15th total of 2,000 shares. Based on an average daily volume of 1,400 shares, the days-to-cover ratio is presently 1.6 days. Approximately 0.1% of the company's shares are sold short.
View Air T's Short Interest
.

Who are some of Air T's key competitors?

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).

Who are Air T's key executives?

Air T's management team includes the following people:
  • Mr. Nicholas John Swenson, Chairman, CEO & Pres (Age 50)
  • Mr. Seth G. Barkett, Interim Principal Financial Officer & Director (Age 35)
  • Mr. Mark Jundt, Chief Legal Counsel
  • Ms. Cheryl C. Sigmon, Chief Financial Officer of Air Cargo Segment (Age 63)
  • Mr. Brad Osborn, Chief Exec. Officer of Global Aviation Services LLC

What is Air T's stock symbol?

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

Who are Air T's major shareholders?

Air T's stock is owned by a number of retail and institutional investors. Top institutional shareholders include FMR LLC (2.72%) and FMR LLC (2.71%). Company insiders that own Air T stock include Gary S Kohler, Nicholas John Swenson, Raymond E Cabillot and Seth G Barkett.
View institutional ownership trends for Air T
.

Which major investors are buying Air T stock?

AIRT stock was bought by a variety of institutional investors in the last quarter, including FMR LLC, and FMR LLC. Company insiders that have bought Air T stock in the last two years include Gary S Kohler, Nicholas John Swenson, and Raymond E Cabillot.
View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab.

What is Air T's stock price today?

One share of AIRT stock can currently be purchased for approximately $10.00.

How big of a company is Air T?

Air T has a market capitalization of $28.82 million and generates $236.79 million in revenue each year. Air T employs 775 workers across the globe.

What is Air T's official website?

The official website for Air T is www.airt.net.

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]

This page was last updated on 9/26/2020 by MarketBeat.com Staff

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