
Air T Inc
Prices are adjusted according to historical splits.

Vitals
- Today's Low:
- $19.97
- Today's High:
- $21.89
- Open Price:
- $19.97
- 52W Low:
- $14.01
- 52W High:
- $28.95
- Prev. Close:
- $21
- Volume:
- 1900
Company Statistics
- Market Cap.:
- $59.21 million
- Book Value:
- 7.571
- Revenue TTM:
- $224.38 million
- Operating Margin TTM:
- 4.34%
- Gross Profit TTM:
- $40.47 million
- Profit Margin:
- 0.49%
- Return on Assets TTM:
- 3.23%
- Return on Equity TTM:
- 9.6%
Company Profile
Air T Inc had its IPO on 1984-04-24 under the ticker symbol AIRT.
The company operates in the Industrials sector and Integrated Freight & Logistics industry. Air T Inc has a staff strength of 500 employees.
Stock update
Shares of Air T Inc opened at $19.97 at the start of the last trading session i.e. 2023-03-19.
The stocks traded within a range of $19.97 - $21.89, and closed at $21.89.
This is a +4.24% increase from the previous day's closing price.
A total volume of 1,900 shares were traded at the close of the day’s session.
In the last one week, shares of Air T Inc have increased by +6.21%.
Air T Inc's Key Ratios
Air T Inc has a market cap of $59.21 million, indicating a price to book ratio of 3.0804 and a price to sales ratio of 0.3274.
In the last 12-months Air T Inc’s revenue was $224.38 million with a gross profit of $40.47 million and an EBITDA of $13.43 million. The EBITDA ratio measures Air T Inc's overall financial performance and is widely used to measure its profitability.
In the trailing 12-month period, Air T Inc’s operating margin was 4.34% while its return on assets stood at 3.23% with a return of equity of 9.6%.
In Q4, Air T Inc’s quarterly earnings growth was a negative -76.7% while revenue growth was a positive 35.1%.
Air T Inc’s PE and PEG Ratio
- Forward PE
- 0
- Trailing PE
- 61.7647
- PEG
- 0
Its diluted EPS in the last 12-months stands at $0.34 per share while it has a forward price to earnings multiple of 0 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 T Inc’s profitability.
Air T Inc stock is trading at a EV to sales ratio of 1.0687 and a EV to EBITDA ratio of 18.4343. Its price to sales ratio in the trailing 12-months stood at 0.3274.
Air T Inc 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
- $212.36 million
- Total Liabilities
- $67.95 million
- Operating Cash Flow
- $0
- Capital Expenditure
- $217000
- Dividend Payout Ratio
- 0%
Air T Inc ended 2023 with $212.36 million in total assets and $0 in total liabilities. Its intangible assets were valued at $212.36 million while shareholder equity stood at $21.37 million.
Air T Inc ended 2023 with $3.09 million in deferred long-term liabilities, $67.95 million in other current liabilities, 757000.00 in common stock, $23.15 million in retained earnings and $10.41 million in goodwill. Its cash balance stood at $4.75 million and cash and short-term investments were $5.38 million. The company’s total short-term debt was $43,511,000 while long-term debt stood at $99.62 million.
Air T Inc’s total current assets stands at $131.10 million while long-term investments were $14.75 million and short-term investments were $622000.00. Its net receivables were $15.00 million compared to accounts payable of $9.29 million and inventory worth $86.22 million.
In 2023, Air T Inc's operating cash flow was $0 while its capital expenditure stood at $217000.
Comparatively, Air T Inc paid $0 in dividends in 2023.
Other key metrics
- Current Trading Price
- $21.89
- 52-Week High
- $28.95
- 52-Week Low
- $14.01
- Analyst Target Price
- $
Air T Inc stock is currently trading at $21.89 per share. It touched a 52-week high of $28.95 and a 52-week low of $28.95. Analysts tracking the stock have a 12-month average target price of $.
Its 50-day moving average was $23.18 and 200-day moving average was $20.09 The short ratio stood at 1.15 indicating a short percent outstanding of 0%.
Around 4983.9% of the company’s stock are held by insiders while 2570.8% are held by institutions.
Frequently Asked Questions About Air T Inc
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About
Air T, Inc., through its subsidiaries, provides overnight air cargo, ground equipment sale, and commercial jet engines and parts in the United States and internationally. The company’s Overnight Air Cargo segment offers air express delivery services. As of March 31, 2022, this segment had 72 aircraft 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 sells its products to passenger and cargo airlines, ground handling companies, the United States Air Force, airports, and industrial customers. Its Commercial Aircraft, Engines and Parts segment offers commercial aircraft trading, leasing, and parts solutions; commercial aircraft storage, storage maintenance, and aircraft disassembly/part-out services; commercial aircraft parts sales, exchanges, procurement services, consignment programs, and overhaul and repair services; and aircraft instrumentation, avionics, and a range of electrical accessories for civilian, military transport, regional/commuter and business/commercial jet, and turboprop aircraft. This segment also provides composite aircraft structures, and repair and support services. Air T, Inc. was incorporated in 1980 and is based in Denver, North Carolina.