NYSE:AIRI Air Industries Group (AIRI) Stock Forecast, Price & News $3.65 +0.15 (+4.29%) (As of 06/2/2023 ET) Add Compare Share Share Today's Range$3.24▼$3.6950-Day Range$3.37▼$3.9452-Week Range$3.24▼$7.76Volume499,976 shsAverage Volume59,874 shsMarket Capitalization$11.90 millionP/E Ratio7.93Dividend YieldN/APrice TargetN/A ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsSocial MediaProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsSocial Media About Air Industries Group (NYSE:AIRI) StockAir Industries Group is an integrated tier 1 manufacturer of precision assemblies and components for mission-critical aerospace and defense applications and is a prime contractor to the U.S. Department of Defense. The company is regarded for its expertise in manufacturing parts and assemblies that are vital for flight safety and performance, including landing gear, arresting gear, engine mounts, flight controls, and jet engine components. Its products are currently deployed on profile military aircraft such as the Sikorsky Black Hawk, Lockheed Martin F-35 Lightning II (Joint Strike Fighter), F-16 Fighting Falcon, Northrop Grumman E-2C/D, Boeing F-15 Eagle, and F-18 Hornet, as well as several commercial aircraft manufactured by Airbus and Boeing. The company was founded in 1979 and is headquartered in Bay Shore, NY.Read More Receive AIRI Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Air Industries Group and its competitors with MarketBeat's FREE daily newsletter. Email Address AIRI Stock News HeadlinesMay 31, 2023 | seekingalpha.comAir Industries gets NYSE notice for failing to file Form 10-Q with SECMay 31, 2023 | msn.comAir Industries gets NYSE notice for failing to file Form 10-K with SECJune 3, 2023 | Behind the Markets (Ad)Laser breakthrough could send stock soaring 2,467%Laser breakthrough could send stock soaring 2,476% Whenever the military develops a breakthrough technology, timely investors could see groundbreaking returns. General Dynamics returned 8,990%... Boeing soared 4,238%... L3Harris shot up 1,628%...May 30, 2023 | finance.yahoo.comAir Industries Group Receives Notice from NYSE American Regarding Late Filing of Quarterly Report on Form 10-QMay 30, 2023 | americanbankingnews.comStockNews.com Begins Coverage on Air Industries Group (NYSE:AIRI)May 22, 2023 | americanbankingnews.comAir Industries Group (NYSE:AIRI) Now Covered by StockNews.comMay 17, 2023 | finance.yahoo.comAir Industries Group Files 10-K for the Year Ended December 31, 2022May 15, 2023 | morningstar.comNorth American Morning Briefing: Hopes Build for -3-June 3, 2023 | Behind the Markets (Ad)"Unknown laser company making HUGE profit from Russia-Ukraine War"On February 24th, Russia invaded Ukraine. This caused major stock losses and soaring gas prices. But it also created a HUGE opportunity for savvy investors. There's an unknown laser company that's been profiting greatly from this war... ...and from another major conflict happening 3,000 miles away. Learn more here >>>May 13, 2023 | americanbankingnews.comAir Industries Group (NYSE:AIRI) Earns Hold Rating from Analysts at StockNews.comMay 5, 2023 | americanbankingnews.comAir Industries Group (NYSE:AIRI) Coverage Initiated by Analysts at StockNews.comApril 27, 2023 | finance.yahoo.comAir Industries Group to Present at Taglich Brothers 19th Annual Investment Conference on May 1stApril 25, 2023 | finance.yahoo.comAir Industries Group Receives Notice from NYSE American Regarding Late Filing of Annual Report on Form 10-KApril 23, 2023 | americanbankingnews.comStockNews.com Initiates Coverage on Air Industries Group (NYSE:AIRI)April 20, 2023 | benzinga.comAir Industries Group Expects FY22 Net Sales Revenues $53.2M, Down By 9.7% YoY, Net Loss $(1.1)MApril 19, 2023 | finance.yahoo.comAir Industries Group Announces Preliminary Unaudited Financial Results for the Twelve Months Ended December 31, 2022April 16, 2023 | americanbankingnews.comStockNews.com Begins Coverage on Air Industries Group (NYSEAMERICAN:AIRI)April 14, 2023 | americanbankingnews.comAir Industries Group (NYSEAMERICAN:AIRI) Now Covered by StockNews.comApril 13, 2023 | americanbankingnews.comStockNews.com Initiates Coverage on Air Industries Group (NYSEAMERICAN:AIRI)April 12, 2023 | americanbankingnews.comAir Industries Group (NYSEAMERICAN:AIRI) Earns Hold Rating from Analysts at StockNews.comApril 8, 2023 | americanbankingnews.comAir Industries Group (NYSEAMERICAN:AIRI) Research Coverage Started at StockNews.comApril 7, 2023 | finance.yahoo.comAir Industries Group (AMEX:AIRI) Q4 2022 Earnings Call TranscriptApril 3, 2023 | finance.yahoo.comAir Industries Group Announces Date for 4Q22 Investor CallMarch 31, 2023 | americanbankingnews.comAir Industries Group (NYSEAMERICAN:AIRI) Now Covered by Analysts at StockNews.comMarch 29, 2023 | americanbankingnews.comAir Industries Group (NYSEAMERICAN:AIRI) Coverage Initiated at StockNews.comMarch 25, 2023 | americanbankingnews.comAir Industries Group (NYSEAMERICAN:AIRI) Receives New Coverage from Analysts at StockNews.comMarch 21, 2023 | americanbankingnews.comAir Industries Group (NYSEAMERICAN:AIRI) Coverage Initiated by Analysts at StockNews.comSee More Headlines AIRI Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart AIRI Company Calendar Last Earnings8/05/2021Today6/03/2023Next Earnings (Estimated)8/07/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Aircraft parts & equipment, not elsewhere classified Sub-IndustryN/A SectorAerospace Current SymbolNYSE:AIRI CUSIPN/A CIK1009891 Webwww.airindustriesgroup.com Phone(631) 968-5000FaxN/AEmployeesN/AYear FoundedN/AProfitability EPS (Most Recent Fiscal Year)$0.46 Trailing P/E Ratio7.93 Forward P/E Ratio14.04 P/E GrowthN/ANet Income$-1,080,000.00 Net Margins-2.02% Pretax Margin-2.02% Return on Equity-6.18% Return on Assets-1.99% Debt Debt-to-Equity Ratio0.64 Current Ratio1.79 Quick Ratio0.44 Sales & Book Value Annual Sales$53.24 million Price / Sales0.22 Cash Flow$0.71 per share Price / Cash Flow5.11 Book Value$5.20 per share Price / Book0.70Miscellaneous Outstanding Shares3,260,000Free Float2,131,000Market Cap$11.90 million OptionableNot Optionable Beta0.89 Key ExecutivesLuciano M. MelluzzoPresident & Chief Executive OfficerMichael E. ReccaChief Financial & Accounting OfficerGary SettoducatoVice President-Business DevelopmentDeanna LantieriCorporate Director-Human ResourcesKey CompetitorsCPI AerostructuresNYSE:CVUSidus SpaceNASDAQ:SIDUSIFCO IndustriesNYSE:SIFAstrotechNASDAQ:ASTCVirgin OrbitNASDAQ:VORBView All CompetitorsInstitutional OwnershipSusquehanna International Group LLPBought 10,614 shares on 5/16/2023Ownership: 0.328%Richmond Brothers Inc.Sold 5,051 shares on 5/10/2023Ownership: 4.171%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 year. 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 on January 1st, 2023. Since then, AIRI stock has decreased by 14.1% and is now trading at $3.65. View the best growth stocks for 2023 here. Are investors shorting Air Industries Group? Air Industries Group saw a increase in short interest during the month of 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 trading volume of 7,000 shares, the short-interest ratio is presently 0.2 days. Currently, 0.1% of the company's shares are sold short. 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) posted its quarterly earnings results on Thursday, August, 5th. The company reported $1.00 EPS for the quarter, hitting the consensus estimate of $1.00. The company earned $15.45 million during the quarter, compared to analyst estimates 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? 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 guidance has Air Industries Group issued on next quarter's earnings? Air Industries Group updated its FY 2022 earnings guidance on Wednesday, April, 19th. The company provided earnings per share (EPS) 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 many different 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 $3.65. How much money does Air Industries Group make? Air Industries Group (NYSE:AIRI) has a market capitalization of $11.90 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 6/3/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Air Industries Group Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. 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