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S&P 500   4,267.52
DOW   33,665.02
QQQ   348.82
Stock market today: Global shares trade mixed following technology selloff on Wall Street
The Real Problem With "Made in America" Lithium (Ad)
What is a Growth Stock Mutual Fund?
Sprinklr Gets Targets Raised By Analysts, Here's Why
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Will MicroVision Maintain Its Momentum After the Short Squeeze?
Apple Partnership Strengthens Unity Software's Investment Appeal
S&P 500   4,267.52
DOW   33,665.02
QQQ   348.82
Stock market today: Global shares trade mixed following technology selloff on Wall Street
The Real Problem With "Made in America" Lithium (Ad)
What is a Growth Stock Mutual Fund?
Sprinklr Gets Targets Raised By Analysts, Here's Why
The Real Problem With "Made in America" Lithium (Ad)
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Ollie’s Bargain Outlet Goes On Sale 
New "Mined in America" Lithium Opportunities? (Ad)
Will MicroVision Maintain Its Momentum After the Short Squeeze?
Apple Partnership Strengthens Unity Software's Investment Appeal
S&P 500   4,267.52
DOW   33,665.02
QQQ   348.82
Stock market today: Global shares trade mixed following technology selloff on Wall Street
The Real Problem With "Made in America" Lithium (Ad)
What is a Growth Stock Mutual Fund?
Sprinklr Gets Targets Raised By Analysts, Here's Why
The Real Problem With "Made in America" Lithium (Ad)
10 Best Airline Stocks to Buy
Ollie’s Bargain Outlet Goes On Sale 
New "Mined in America" Lithium Opportunities? (Ad)
Will MicroVision Maintain Its Momentum After the Short Squeeze?
Apple Partnership Strengthens Unity Software's Investment Appeal
NYSE:AIRI

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

$3.56
+0.06 (+1.71%)
(As of 06/7/2023 ET)
Compare
Today's Range
$3.49
$3.67
50-Day Range
$3.37
$3.94
52-Week Range
$3.24
$7.76
Volume
2,514 shs
Average Volume
21,853 shs
Market Capitalization
$11.61 million
P/E Ratio
7.74
Dividend Yield
N/A
Price Target
N/A

AIRI stock logo

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.

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AIRI Stock News Headlines

New "Mined in America" Lithium Opportunities?
The average electric vehicle needs 138 pounds of lithium carbonate for its battery components. But China currently controls the entire lithium supply chain.
New "Mined in America" Lithium Opportunities?
The average electric vehicle needs 138 pounds of lithium carbonate for its battery components. But China currently controls the entire lithium supply chain.
See More Headlines

AIRI Price History

AIRI Company Calendar

Last Earnings
8/05/2021
Today
6/08/2023
Next Earnings (Estimated)
8/07/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Aircraft parts & equipment, not elsewhere classified
Sub-Industry
N/A
Sector
Aerospace
Fax
N/A
Employees
N/A
Year Founded
N/A

Profitability

Net Income
$-1,080,000.00
Pretax Margin
-2.02%

Debt

Sales & Book Value

Annual Sales
$53.24 million
Cash Flow
$0.71 per share
Book Value
$5.20 per share

Miscellaneous

Free Float
2,131,000
Market Cap
$11.61 million
Optionable
Not Optionable
Beta
0.89

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













AIRI Stock - Frequently Asked Questions

Should I buy or sell Air Industries Group stock right now?

1 Wall Street equities 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 equities 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 start of the year. Since then, AIRI shares have decreased by 16.2% and is now trading at $3.56.
View the best growth stocks for 2023 here
.

Are investors shorting Air Industries Group?

Air Industries Group saw a increase in short interest in May. As of May 15th, there was short interest totaling 1,600 shares, an increase of 45.5% from the April 30th total of 1,100 shares. Based on an average daily volume of 7,000 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.1% of the company's stock are short sold.
View Air Industries Group's Short Interest
.

When is Air Industries Group's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, August 7th 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 Thursday, August, 5th. The company reported $1.00 earnings per share for the quarter, meeting the consensus estimate of $1.00. The business had revenue of $15.45 million for the quarter, compared to the consensus estimate of $15 million. Air Industries Group had a negative trailing twelve-month return on equity of 6.18% and a negative net margin of 2.02%.

When did Air Industries Group's stock split?

Air Industries Group's stock 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 guidance has Air Industries Group issued on next quarter's earnings?

Air Industries Group issued an update on its FY 2022 earnings guidance on Wednesday, April, 19th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $53.20 million-$53.20 million, compared to the consensus revenue estimate of $53.20 million.

What is Air Industries Group's stock symbol?

Air Industries Group trades on the New York Stock Exchange (NYSE) under the ticker symbol "AIRI."

Who are Air Industries Group's major shareholders?

Air Industries Group's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Richmond Brothers Inc. (4.17%) and Susquehanna International Group LLP (0.33%). Insiders that own company stock include David S Richmond, Luciano M Melluzzo, Michael Brand, Michael N Taglich and Robert Taglich.
View institutional ownership trends
.

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 $3.56.

How much money does Air Industries Group make?

Air Industries Group (NYSE:AIRI) has a market capitalization of $11.61 million and generates $53.24 million in revenue each year. The company earns $-1,080,000.00 in net income (profit) each year or $0.46 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 6/8/2023 by MarketBeat.com Staff

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