Air Industries Group
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- Market Cap.:
- $16.63 million
- Book Value:
- Revenue TTM:
- $54.77 million
- Operating Margin TTM:
- Gross Profit TTM:
- $10.25 million
- Profit Margin:
- Return on Assets TTM:
- Return on Equity TTM:
Air Industries Group had its IPO on 2000-10-05 under the ticker symbol AIRI.
The company operates in the Industrials sector and Aerospace & Defense industry. Air Industries Group has a staff strength of 197 employees.
Shares of Air Industries Group opened at $3.76 at the start of the last trading session i.e. 2023-03-23.
The stocks traded within a range of $3.47 - $3.85, and closed at $3.5.
This is a -2.78% slip from the previous day's closing price.
A total volume of 14,338 shares were traded at the close of the day’s session.
In the last one week, shares of Air Industries Group have slipped by -10.94%.
Air Industries Group's Key Ratios
Air Industries Group has a market cap of $16.63 million, indicating a price to book ratio of 0.884 and a price to sales ratio of 0.2823.
In the last 12-months Air Industries Group’s revenue was $54.77 million with a gross profit of $10.25 million and an EBITDA of $5.07 million. The EBITDA ratio measures Air Industries Group's overall financial performance and is widely used to measure its profitability.
In the trailing 12-month period, Air Industries Group’s operating margin was 4.51% while its return on assets stood at 2.85% with a return of equity of 8.59%.
In Q3, Air Industries Group’s quarterly earnings growth was a positive 0% while revenue growth was a negative 7.5%.
Air Industries Group’s PE and PEG Ratio
- Forward PE
- Trailing PE
Its diluted EPS in the last 12-months stands at $0.46 per share while it has a forward price to earnings multiple of 18.4502 and a PEG multiple of 0. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.
The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Air Industries Group’s profitability.
Air Industries Group stock is trading at a EV to sales ratio of 0.7998 and a EV to EBITDA ratio of 7.5485. Its price to sales ratio in the trailing 12-months stood at 0.2823.
Air Industries Group stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.
Balance sheet and cash flow metrics
- Total Assets
- $54.78 million
- Total Liabilities
- $24.20 million
- Operating Cash Flow
- Capital Expenditure
- Dividend Payout Ratio
Air Industries Group ended 2023 with $54.78 million in total assets and $0 in total liabilities. Its intangible assets were valued at $54.78 million while shareholder equity stood at $17.64 million.
Air Industries Group ended 2023 with $989000.00 in deferred long-term liabilities, $24.20 million in other current liabilities, 3000.00 in common stock, $-64711000.00 in retained earnings and $163000.00 in goodwill. Its cash balance stood at $192000.00 and cash and short-term investments were $192000.00. The company’s total short-term debt was $15,574,000 while long-term debt stood at $10.16 million.
Air Industries Group’s total current assets stands at $42.53 million while long-term investments were $0 and short-term investments were $0. Its net receivables were $8.66 million compared to accounts payable of $6.98 million and inventory worth $33.41 million.
In 2023, Air Industries Group's operating cash flow was $-653000.00 while its capital expenditure stood at $653000.
Comparatively, Air Industries Group paid $0 in dividends in 2023.
Other key metrics
- Current Trading Price
- 52-Week High
- 52-Week Low
- Analyst Target Price
Air Industries Group stock is currently trading at $3.5 per share. It touched a 52-week high of $9 and a 52-week low of $9. Analysts tracking the stock have a 12-month average target price of $12.15.
Its 50-day moving average was $4.9 and 200-day moving average was $5.85 The short ratio stood at 0.06 indicating a short percent outstanding of 0%.
Around 2308.4% of the company’s stock are held by insiders while 980.7% are held by institutions.
Frequently Asked Questions About Air Industries Group
Similar Industry Stocks (Aerospace & Defense)
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 headquartered in Bay Shore, New York.