NYSE:AIRI

Air Industries Group (AIRI) Stock Forecast, Price & News

$2.87

0.00 (0.00%)

(As of 09/29/2023 ET)

Compare

Today's Range: $2.75
▼
$3.08
50-Day Range: $2.77
▼
$3.42
52-Week Range: $2.67
▼
$7.28

Volume: 12,779 shs
Average Volume: 15,826 shs
Market Capitalization: $9.45 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: N/A

About Air Industries Group (NYSE:AIRI) Stock

Air Industries Group, an aerospace and defense company, designs, manufactures, and sells structural parts and assemblies for mission-critical aerospace and defense applications, and a prime contractor to the U.S. Department of Defense in the United States. The company operates through two segments, Complex Machining and Turbine and Engine Component. The Complex Machining segment offers aircraft landing and arresting gears, engine mounts, flight controls, throttle quadrants, and other components. Its products are deployed on a range of military and commercial aircraft, including Sikorsky's UH-60 Blackhawk, Lockheed Martin F-35 Joint Strike Fighter, Northrop Grumman E2D Hawkeye, the US Navy F-18, and USAF F-16 and F-15 fighter aircraft. The Turbine and Engine Component segment makes components and provides services for aircraft jet engines and ground-power turbines. Its jet engine components are used on the USAF F-15 and F-16, the Airbus A-330, the Boeing 777, and others, as well as ground-power turbine applications. The company's products are used by original equipment manufacturers in the manufacture of fixed wing aircraft, helicopters jet turbine engines, and other complex aerospace and defense products. Air Industries Group was founded in 1979 and is based in Bay Shore, New York.

AIRI Price History

30 days | 90 days | 365 days | Advanced Chart

AIRI Stock News Headlines

September 25, 2023 | americanbankingnews.com

StockNews.com Initiates Coverage on Air Industries Group (NYSE:AIRI)

September 8, 2023 | finance.yahoo.com

Air Industries Group Adds Important Arresting Gear Welding Capability to Support U.S. Navy E-2D Aircraft Program

September 30, 2023 | Behind the Markets (Ad)

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August 8, 2023 | finance.yahoo.com

Air Industries Group Announces Improved Operating Results for Second Quarter Ended June 30, 2023 and Provides Comments on Business Outlook

July 17, 2023 | insidermonkey.com

Air Industries Group (AMEX:AIRI) Q1 2023 Earnings Call Transcript

July 12, 2023 | finance.yahoo.com

Air Industries Group Announces the Appointment of Peter Rettaliata as Chairman of the Board

July 11, 2023 | nasdaq.com

Air Industries (AIRI) Q1 Sales Lag Estimates, Increase Y/Y

July 11, 2023 | finance.yahoo.com

Air Industries Group Receives Two Contracts Totaling $5.2 Million for US Navy E-2D Aircraft and F-35 Joint Strike Fighter Components

September 30, 2023 | Altimetry (Ad)

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July 10, 2023 | finance.yahoo.com

Air Industries Group Announces Financial Results for the Three Months Ended March 31, 2023

June 8, 2023 | benzinga.com

Director at Air Industries Acquires Company Stock Options Worth 10,000 Shares

May 31, 2023 | seekingalpha.com

Air Industries gets NYSE notice for failing to file Form 10-Q with SEC

May 31, 2023 | msn.com

Air Industries gets NYSE notice for failing to file Form 10-K with SEC

May 30, 2023 | finance.yahoo.com

Air Industries Group Receives Notice from NYSE American Regarding Late Filing of Quarterly Report on Form 10-Q

May 17, 2023 | finance.yahoo.com

Air Industries Group Files 10-K for the Year Ended December 31, 2022

May 15, 2023 | morningstar.com

North American Morning Briefing: Hopes Build for -3-

April 27, 2023 | finance.yahoo.com

Air Industries Group to Present at Taglich Brothers 19th Annual Investment Conference on May 1st

April 25, 2023 | finance.yahoo.com

Air Industries Group Receives Notice from NYSE American Regarding Late Filing of Annual Report on Form 10-K

April 20, 2023 | benzinga.com

Air Industries Group Expects FY22 Net Sales Revenues $53.2M, Down By 9.7% YoY, Net Loss $(1.1)M

April 19, 2023 | finance.yahoo.com

Air Industries Group Announces Preliminary Unaudited Financial Results for the Twelve Months Ended December 31, 2022

April 7, 2023 | finance.yahoo.com

Air Industries Group (AMEX:AIRI) Q4 2022 Earnings Call Transcript

April 3, 2023 | finance.yahoo.com

Air Industries Group Announces Date for 4Q22 Investor Call

February 28, 2023 | reuters.com

Air India to triple current aircraft fleet in a few years -CEO

February 27, 2023 | finance.yahoo.com

Air Industries Group Subsidiary Sterling Engineering Corp Receives Contracts for $3.0 Million for Turbine Engine and Helicopter Components

February 23, 2023 | yahoo.com

Air Purification Equipment Global Market Report 2023

January 20, 2023 | marketwatch.com

Air Cooled Chillers Rental Market Report 2023, Size, Share, Industry Growth, Trends, Major Key Players & Forecast Till 2029

January 5, 2023 | bizjournals.com

Horizon Air names Alaska Air veteran to lead operations

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AIRI Company Calendar

Last Earnings: 8/18/2023
Today: 9/29/2023
Next Earnings (Estimated): 11/13/2023
Fiscal Year End: 12/31/2023

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Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Aircraft parts & equipment, not elsewhere classified
Sub-Industry: N/A
Sector: Aerospace
Current Symbol: NYSE:AIRI
CUSIP: N/A
CIK: 1009891
Web: www.airindustriesgroup.com
Phone: (631) 968-5000
Fax: N/A
Employees: N/A
Year Founded: N/A

Profitability

EPS (Most Recent Fiscal Year): ($0.63)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-1,080,000.00
Net Margins: -3.88%
Pretax Margin: -3.88%
Return on Equity: -12.27%
Return on Assets: -3.80%

Debt

Debt-to-Equity Ratio: 0.71
Current Ratio: 1.72
Quick Ratio: 0.39

Sales & Book Value

Annual Sales: $53.24 million
Price / Sales: 0.18
Cash Flow: $0.72 per share
Price / Cash Flow: 4.01
Book Value: $5.20 per share
Price / Book: 0.55

Miscellaneous

Outstanding Shares: 3,290,000
Free Float: 2,065,000
Market Cap: $9.44 million
Optionable: Not Optionable
Beta: 0.92

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Key Executives

Mr. Luciano M. Melluzzo (Age 59)
Pres & CEO
Comp: $464.99k

Mr. Michael E. Recca (Age 72)
Chief Financial Officer
Comp: $300.82k

Key Competitors

View All Competitors

Institutional Ownership

Richmond Brothers Inc.
Sold 7,129 shares on 8/11/2023
Ownership: 3.911%

View All Institutional Transactions

AIRI Stock - Frequently Asked Questions

Should I buy or sell Air Industries Group stock right now?: 1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Air Industries Group in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" AIRI shares.
View AIRI analyst ratings or view top-rated stocks.
How have AIRI shares performed in 2023?: Air Industries Group's stock was trading at $4.25 at the beginning of the year. Since then, AIRI stock has decreased by 32.5% and is now trading at $2.87.
View the best growth stocks for 2023 here.
When is Air Industries Group's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Monday, November 13th 2023.
View our AIRI earnings forecast.
How were Air Industries Group's earnings last quarter?: Air Industries Group (NYSE:AIRI) issued its earnings results on Friday, August, 18th. The company reported ($0.12) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.03 by $0.15. The firm had revenue of $13.21 million for the quarter, compared to analysts' expectations of $14.50 million. Air Industries Group had a negative trailing twelve-month return on equity of 12.27% and a negative net margin of 3.88%.

When did Air Industries Group's stock split?: Shares of Air Industries Group reverse split before market open on Tuesday, October 18th 2022. The 1-10 reverse split was announced on Tuesday, October 18th 2022. The number of shares owned by shareholders was adjusted after the market closes on Tuesday, October 18th 2022. An investor that had 100 shares of stock prior to the reverse split would have 10 shares after the split.
What is Air Industries Group's stock symbol?: Air Industries Group trades on the New York Stock Exchange (NYSE) under the ticker symbol "AIRI."
How do I buy shares of Air Industries Group?: Shares of AIRI 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 Industries Group's stock price today?: One share of AIRI stock can currently be purchased for approximately $2.87.
How much money does Air Industries Group make?: Air Industries Group (NYSE:AIRI) has a market capitalization of $9.44 million and generates $53.24 million in revenue each year. The company earns $-1,080,000.00 in net income (profit) each year or ($0.63) on an earnings per share basis.
How can I contact Air Industries Group?: Air Industries Group's mailing address is 1460 FIFTH AVENUE, BAY SHORE NY, 11706. The official website for the company is www.airindustriesgroup.com. The company can be reached via phone at (631) 968-5000 or via email at ir@airindustriesgroup.com.

This page (NYSE:AIRI) was last updated on 9/30/2023 by MarketBeat.com Staff

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