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, 2017, this segment had 80 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
SymbolNASDAQ:AIRT
CUSIPN/A
Phone82-8-4648-741x
Debt
Debt-to-Equity Ratio1.60
Current Ratio1.98
Quick Ratio0.88
Price-To-Earnings
Trailing P/E Ratio30.27
Forward P/E RatioN/A
P/E GrowthN/A
Sales & Book Value
Annual Sales$194.52 million
Price / Sales0.35
Cash Flow$2.3973 per share
Price / Cash13.87
Book Value$11.87 per share
Price / Book2.80
Profitability
EPS (Most Recent Fiscal Year)N/A
Net Income$2.27 million
Net Margins1.17%
Return on Equity9.70%
Return on Assets2.87%
Miscellaneous
Employees775
Outstanding Shares2,040,000
Market Cap$68.67
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) posted its quarterly earnings results on Tuesday, November, 14th. The transportation company reported $0.21 earnings per share (EPS) for the quarter. The transportation company had revenue of $48.86 million for the quarter. Air T had a return on equity of 9.70% and a net margin of 1.17%. View Air T's Earnings History.
What is the consensus analysts' recommendation for Air T?
0 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Air T in the last year. There are currently for the stock, resulting in a consensus recommendation of "N/A."
Who are some of Air T's key competitors?
Some companies that are related to Air T include Ardmore Shipping (ASC), Pingtan Marine Enterprise (PME), FreightCar America (RAIL), Willis Lease Finance (WLFC), Danaos (DAC), USA Truck (USAK), StealthGas (GASS), PHI INC/SH (PHII), PHI Inc/SH (PHIIK), Pangaea Logistics Solutions (PANL), Roadrunner Transportation Systems (RRTS), Celadon Group (CGI), Navios Maritime (NM), Navios Maritime Acquisition (NNA) and Navios Maritime Midstream Partners (NAP).
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)
Has Air T been receiving favorable news coverage?
Media headlines about AIRT stock have trended somewhat positive recently, Accern Sentiment Analysis reports. The research group identifies positive and negative press coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Air T earned a media sentiment score of 0.08 on Accern's scale. They also gave news headlines about the transportation company an impact score of 45.48 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company's share price in the near future.
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 $33.25.
How big of a company is Air T?
Air T has a market capitalization of $68.67 million and generates $194.52 million in revenue each year. Air T employs 775 workers across the globe.
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.
