AIRG - Airgain Inc Stock Price, Fair Value and News

5.24USD-0.12 (-2.24%)Market Closed

Market Summary

USD5.24-0.12

Market Closed

-2.24%

AIRG Stock Price

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AIRG RSI Chart

AIRG Valuation

Market Cap

56.5M

Price/Earnings (Trailing)

-4.7

Price/Sales (Trailing)

1.05

EV/EBITDA

-4.31

Price/Free Cashflow

-17.1

AIRG Price/Sales (Trailing)

AIRG Profitability

Operating Margin

37.20%

EBT Margin

-22.51%

Return on Equity

-39.41%

Return on Assets

-28.1%

Free Cashflow Yield

-5.85%

AIRG Fundamentals

AIRG Revenue

Revenue (TTM)

53.8M

Rev. Growth (Yr)

-13.46%

Rev. Growth (Qtr)

41.32%

AIRG Earnings

Earnings (TTM)

-12.0M

Earnings Growth (Yr)

14.1%

Earnings Growth (Qtr)

55.23%

Breaking Down AIRG Revenue

Last 7 days

-2.1%

Last 30 days

-4.9%

Last 90 days

31%

How does AIRG drawdown profile look like?

AIRG Financial Health

Current Ratio

1.79

AIRG Investor Care

Shares Dilution (1Y)

3.56%

Diluted EPS (TTM)

-1.15

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2024	53.8M	0	0	0
2023	74.8M	71.4M	65.9M	56.0M
2022	64.4M	66.4M	70.2M	75.9M
2021	54.7M	60.5M	63.0M	64.3M
2020	51.8M	48.8M	48.7M	48.5M
2019	62.4M	61.9M	59.3M	55.7M
2018	51.6M	53.5M	56.9M	60.6M
2017	46.2M	49.3M	49.3M	49.5M
2016	30.6M	34.4M	40.1M	43.4M
2015	26.1M	26.7M	27.2M	27.8M
2014	0	0	0	25.5M

Get all data in R, Python etc through our Historical Stock Data APIs

Tracking the Latest Insider Buys and Sells of Airgain Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
May 07, 2024	toscanini arthur m.	acquired	6,200	3.1	2,000	-
May 06, 2024	munro thomas a	acquired	6,200	3.1	2,000	-
Apr 29, 2024	sims james k	acquired	12,400	3.1	4,000	-
Mar 21, 2024	sadri ali	sold	-27,265	5.0689	-5,379	chief technology officer
Mar 21, 2024	sadri ali	sold	-27,456	5.10434	-5,379	chief technology officer
Mar 21, 2024	suen jacob	sold	-53,957	5.0717	-10,639	president and ceo
Mar 21, 2024	elbaz michael	sold	-20,340	5.0675	-4,014	chief financial officer
Mar 21, 2024	suen jacob	sold	-54,297	5.10364	-10,639	president and ceo
Mar 21, 2024	elbaz michael	sold	-20,486	5.1038	-4,014	chief financial officer

Which funds bought or sold AIRG recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 16, 2024	Beacon Capital Management, LLC	unchanged	-	5,340	16,350	-%
May 15, 2024	CITADEL ADVISORS LLC	added	156	99,421	133,405	-%
May 15, 2024	Royal Bank of Canada	sold off	-100	-1,000	-	-%
May 15, 2024	BRIDGEWAY CAPITAL MANAGEMENT, LLC	unchanged	-	32,508	93,740	-%
May 15, 2024	RBF Capital, LLC	unchanged	-	47,251	136,255	0.01%
May 15, 2024	Tower Research Capital LLC (TRC)	reduced	-91.5	-13,592	2,033	-%
May 15, 2024	BANK OF AMERICA CORP /DE/	added	0.36	12,037	34,476	-%
May 15, 2024	AMERIPRISE FINANCIAL INC	added	4.62	1,323,810	3,523,960	-%
May 15, 2024	MORGAN STANLEY	reduced	-0.58	955	2,785	-%
May 15, 2024	STATE STREET CORP	reduced	-6.81	57,982	193,889	-%

Are Funds Buying or Selling AIRG?

Are funds buying AIRG calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own AIRG

No. of Funds

Unveiling Airgain Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 14, 2024	ameriprise financial inc	5.92%	618,019	SC 13G/A
Feb 14, 2024	sims james k	6.5%	707,933	SC 13G/A
Feb 13, 2024	vanguard group inc	5.08%	530,018	SC 13G
Feb 12, 2024	blair william & co/il	8.0%	837,679	SC 13G/A
Dec 15, 2023	marathon micro fund, lp	7.0%	732,205	SC 13G
Dec 07, 2023	granahan investment management, llc	0.00%	10	SC 13G/A
Dec 04, 2023	hirschman orin	0%	0	SC 13G/A
Feb 15, 2023	hirschman orin	7.1%	725,484	SC 13G/A
Feb 14, 2023	ameriprise financial inc	5.49%	561,749	SC 13G
Feb 14, 2023	airgain inc	6.2%	654,905	SC 13G

Recent SEC filings of Airgain Inc

View All Filings

Date Filed	Form Type	Document
May 09, 2024	4	Insider Trading
May 08, 2024	10-Q	Quarterly Report
May 08, 2024	4	Insider Trading
May 08, 2024	8-K	Current Report
May 01, 2024	4	Insider Trading
Apr 25, 2024	ARS	ARS
Apr 25, 2024	DEF 14A	DEF 14A
Apr 25, 2024	DEFA14A	DEFA14A
Mar 26, 2024	4/A	Insider Trading
Mar 26, 2024	4/A	Insider Trading

Peers (Alternatives to Airgain Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
CSCO	195.2B	57.2B	0.84%	-0.02%	14.52	3.41	7.66%	18.93%
ANET	100.2B	6.1B	23.38%	126.13%	43.8	16.49	25.22%	50.89%
HPQ	30.6B	53.1B	12.68%	1.50%	8.95	0.58	-11.04%	34.01%
HPE	23.2B	29.1B	4.87%	23.94%	11.47	0.8	2.24%	133.29%
LOGI	13.8B	4.3B	13.89%	41.09%	22.55	3.21	-5.30%	67.91%
JNPR	11.3B	5.3B	-5.04%	17.70%	50.26	2.11	-2.96%	-55.26%
MID-CAP
UI	8.8B	1.9B	37.99%	-15.28%	25.3	4.63	1.03%	-11.76%
BDC	3.8B	2.4B	13.60%	9.12%	21.17	1.58	-8.79%	-36.23%
LITE	3.1B	1.4B	9.65%	-2.83%	-8.78	2.19	-21.81%	-865.12%
SMALL-CAP
EXTR	1.5B	1.2B	4.94%	-36.59%	-239.63	1.24	-0.19%	-110.91%
AAOI	456.4M	205.3M	-2.09%	570.29%	-7.25	2.22	-8.19%	5.55%
ADTN	417.7M	1.1B	13.55%	-38.68%	-0.76	0.4	-12.01%	-1246.95%
ALOT	135.5M	148.1M	4.92%	16.09%	28.87	0.92	3.90%	76.40%
AIRG	56.5M	53.8M	-4.90%	-	-4.7	1.05	-28.06%	-33.67%
AKTS	34.5M	29.9M	-30.00%	-88.82%	-0.45	1.16	39.86%	-24.01%

Airgain Inc News

Latest updates

Airgain Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(*) denotes actual numbers (not divided by Thousands)
Income Statement (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	41.3%	14,231,000	10,070,000	13,696,000	15,830,000	16,444,000	19,889,000	19,198,000	19,286,000	17,522,000	14,144,000	15,455,000	17,297,000	17,377,000	12,830,000	13,010,000	11,446,000	11,216,000	13,028,000	13,142,000	14,462,000	15,108,000
Cost Of Revenue	21.2%	8,655,000	7,140,000	8,460,000	9,551,000	10,126,000	14,015,000	11,755,000	11,793,000	10,366,000	9,279,000	9,909,000	9,998,000	10,480,000	6,993,000	6,981,000	6,052,000	5,891,000	7,248,500	7,067,000	7,777,000	8,322,000
Gross Profit	90.3%	5,576,000	2,930,000	5,236,000	6,279,000	6,318,000	5,874,000	7,443,000	7,493,000	7,156,000	4,865,000	5,546,000	7,299,000	6,897,000	5,837,000	6,029,000	5,394,000	5,325,000	5,779,000	6,075,000	6,685,000	6,786,000
Operating Expenses	-2.5%	8,205,000	8,418,000	7,146,000	8,491,000	9,108,000	9,151,000	8,707,000	9,106,000	9,582,000	9,328,000	8,592,000	10,033,000	8,778,000	6,913,000	6,229,000	5,992,000	6,635,000	5,868,000	6,280,000	6,189,000	6,607,000
S&GA Expenses	-4.1%	2,158,000	2,251,000	1,704,000	2,305,000	2,866,000	2,622,000	2,808,000	2,889,000	2,855,000	2,797,000	2,484,000	2,489,000	2,439,000	1,664,000	1,559,000	1,379,000	1,539,000	1,072,000	1,461,000	2,229,000	2,274,000
R&D Expenses	-1.5%	3,120,000	3,168,000	2,298,000	2,590,000	2,449,000	2,234,000	2,901,000	2,962,000	3,242,000	2,790,000	2,698,000	2,726,000	2,706,000	2,284,000	2,231,000	2,224,000	2,418,000	2,045,000	2,403,000	2,203,000	2,338,000
EBITDA Margin	-2.5%	-0.21	-0.21	-0.14	-0.12	-0.11	-0.10	-0.13	-0.16	-0.19	-0.18	-0.13	-0.09	-0.06	-	-	-	-	-	-	-	-
Interest Expenses	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,000
Income Taxes	-433.3%	-140,000	42,000	4,000	2,000	82,000	-50,000	52,000	-3,000	85,000	195,000	-30,000	-127,000	-2,117,000	-1,000	84,000	174,000	16,000	-2,000	113,000	23,000	29,000
Earnings Before Taxes	52.3%	-2,595,000	-5,440,000	-1,877,000	-2,207,000	-2,776,000	-3,270,000	-1,247,000	-1,622,000	-2,436,000	-4,481,000	-3,039,000	-2,736,000	-1,880,000	-1,081,000	-177,000	-562,000	-1,186,000	60,500	-22,000	685,000	366,000
EBT Margin	-2.6%	-0.23	-0.22	-0.15	-0.13	-0.12	-0.11	-0.14	-0.17	-0.20	-0.19	-0.14	-0.10	-0.07	-	-	-	-	-	-	-	-
Net Income	55.2%	-2,455,000	-5,484,000	-1,881,000	-2,205,000	-2,858,000	-3,220,000	-1,299,000	-1,619,000	-2,521,000	-4,646,000	-3,069,000	-2,609,000	237,000	-1,080,000	-261,000	-736,000	-1,202,000	63,000	-135,000	662,000	337,000
Net Income Margin	-0.7%	-0.22	-0.22	-0.15	-0.13	-0.12	-0.11	-0.14	-0.18	-0.20	-0.16	-0.10	-0.06	-0.03	-	-	-	-	-	-	-	-
Free Cashflow	44.1%	-1,179,000	-2,111,000	572,000	-585,000	-1,523,000	2,234,000	-357,000	-2,218,000	4,024,000	-4,443,000	-1,475,000	-2,007,000	-3,981,000	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	1.3%	43.00	42.00	46.00	50.00	50.00	54.00	58.00	59.00	67.00	66.00	69.00	71.00	69.00	55.00	54.00	51.00	52.00	55.00	55.00	56.00	53.00
Current Assets	9.1%	21.00	19.00	22.00	24.00	24.00	27.00	30.00	30.00	37.00	35.00	37.00	38.00	36.00	45.00	45.00	42.00	43.00	45.00	45.00	46.00	43.00
Cash Equivalents	-9.0%	7.00	8.00	10.00	9.00	10.00	12.00	9.00	9.00	19.00	15.00	19.00	20.00	21.00	38.00	36.00	29.00	23.00	13.00	13.00	14.00	12.00
Inventory	7.7%	3.00	2.00	4.00	5.00	4.00	4.00	9.00	9.00	9.00	9.00	7.00	5.00	2.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00
Net PPE	-8.1%	2.00	3.00	2.00	3.00	3.00	3.00	3.00	3.00	3.00	3.00	3.00	3.00	2.00	2.00	2.00	2.00	2.00	2.00	2.00	2.00	1.00
Goodwill	0%	11.00	11.00	11.00	11.00	11.00	11.00	11.00	11.00	11.00	11.00	11.00	11.00	11.00	4.00	4.00	4.00	4.00	4.00	4.00	4.00	4.00
Liabilities	13.6%	12.00	11.00	11.00	12.00	12.00	15.00	16.00	17.00	24.00	22.00	21.00	22.00	19.00	7.00	6.00	5.00	5.00	7.00	8.00	8.00	7.00
Current Liabilities	16.6%	12.00	10.00	10.00	11.00	11.00	13.00	14.00	15.00	22.00	20.00	19.00	19.00	10.00	7.00	6.00	4.00	5.00	7.00	7.00	8.00	6.00
Shareholder's Equity	-2.9%	31.00	31.00	36.00	37.00	38.00	40.00	42.00	42.00	43.00	44.00	48.00	50.00	50.00	48.00	48.00	47.00	47.00	48.00	48.00	48.00	46.00
Retained Earnings	-3.1%	-80.98	-78.52	-73.04	-71.16	-68.95	-66.09	-62.87	-61.57	-59.95	-57.43	-52.79	-49.72	-47.11	-47.35	-46.27	-46.01	-45.27	-44.07	-44.13	-44.00	-44.66
Additional Paid-In Capital	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	98.00	97.00	97.00	96.00	95.00	94.00
Shares Outstanding	2.8%	11.00	10.00	10.00	10.00	10.00	10.00	10.00	10.00	10.00	10.00	10.00	10.00	-	-	-	-	-	-	-	-	-
Float	-	-	-	-	56.00	-	-	-	84.00	-	-	-	210	-	-	-	105	-	-	-	10.00	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	42.2%	-1,119	-1,937	640	-570	-1,434	2,363	103	-2,172	4,152	-4,249	-1,342	-1,659	-3,920	227	2,187	2,192	-902	1,493	651	1,099	-875
Share Based Compensation	-13.5%	1,046	1,209	523	968	981	1,403	1,120	1,214	1,241	1,045	1,068	1,008	928	608	634	654	668	595	549	542	514
Cashflow From Investing	65.5%	-60.00	-174	-68.00	-15.00	-89.00	-126	-460	-36.00	-128	-194	-133	-348	-14,246	2,000	4,088	4,265	10,533	-795	-1,005	436	-1,036
Cashflow From Financing	-	469	-	67.00	16.00	-541	476	99.00	-6,999	120	-	189	789	1,451	151	927	-397	-120	-372	-416	358	38.00
Buy Backs	-	-	-	-	-	-	-	-	-	-	-	97.00	-	-	-	-	418	190	428	606	-	193

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AIRG Income Statement

2024-03-31

Condensed Consolidated Statements of Operations (Unaudited) - USD ($) shares in Thousands, $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Income Statement [Abstract]
Sales	$ 14,231	$ 16,444
Cost of goods sold	8,655	10,126
Gross profit	5,576	6,318
Operating expenses:
Research and development	3,120	2,449
Sales and marketing	2,158	2,866
General and administrative	2,927	3,793
Total operating expenses	8,205	9,108
Loss from operations	(2,629)	(2,790)
Other (income) expense:
Interest income, net	(26)	(18)
Other (income) expense	(8)	4
Total other income	(34)	(14)
Loss before income taxes	(2,595)	(2,776)
Income tax (benefit) expense	(140)	82
Net loss	$ (2,455)	$ (2,858)
Net loss per share:
Basic	$ (0.23)	$ (0.28)
Diluted	$ (0.23)	$ (0.28)
Weighted average shares used in calculating loss per share:
Basic	10,532	10,266
Diluted	10,532	10,266

AIRG Balance Sheet

2024-03-31

Condensed Consolidated Balance Sheets (Unaudited) - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Current assets:
Cash and cash equivalents	$ 7,169	$ 7,881
Trade accounts receivable, net	9,644	7,375
Inventories	2,588	2,403
Prepaid expenses and other current assets	1,419	1,422
Total current assets	20,820	19,081
Property and equipment, net	2,305	2,507
Leased right-of-use assets	1,180	1,392
Goodwill	10,845	10,845
Intangible assets, net	7,493	8,234
Other assets	155	170
Total assets	42,798	42,229
Current liabilities:
Accounts payable	7,156	6,472
Accrued compensation	799	728
Accrued liabilities and other	2,848	1,926
Short-term lease liabilities	848	865
Total current liabilities	11,651	9,991
Deferred tax liability	158	151
Long-term lease liabilities	476	674
Total liabilities	12,285	10,816
Commitments and contingencies (Note 13)
Stockholders’ equity:
Common stock and additional paid-in capital, par value $0.0001, 200,000 shares authorized; 11,302 shares issued and 10,761 shares outstanding at March 31, 2024; and 11,010 shares issued and 10,469 shares outstanding at December 31, 2023.	116,852	115,295
Treasury stock, at cost: 541 shares at March 31, 2024 and December 31, 2023.	(5,364)	(5,364)
Accumulated deficit	(80,976)	(78,521)
Accumulated other comprehensive income	1	3
Total stockholders’ equity	30,513	31,413
Total liabilities and stockholders’ equity	$ 42,798	$ 42,229

About Airgain Inc

Airgain, Inc. provides wireless connectivity solutions that creates and delivers embedded components, external antennas, and integrated systems worldwide. The company's products include MaxBeam embedded antennas; profile embedded antennas; profile contour embedded antennas; ultra-embedded antennas; SmartMax embedded antennas; and MaxBeam carrier class antennas, as well as automotive, fleet, public safety, and machine-to-machine antennas under the Antenna Plus brand. The company was formerly known as AM Group and changed its name to Airgain, Inc. in 2004. Airgain, Inc. was incorporated in 1995 and is headquartered in San Diego, California.

CEO	Mr. Jacob Suen
WEBSITE	airgain.com
INDUSTRY	Computer Hardware
EMPLOYEES	141

Airgain Inc Frequently Asked Questions

What is the ticker symbol for Airgain Inc? What does AIRG stand for in stocks?

AIRG is the stock ticker symbol of Airgain Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Airgain Inc (AIRG)?

As of Fri May 17 2024, market cap of Airgain Inc is 56.47 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of AIRG stock?

You can check AIRG's fair value in chart for subscribers.

What is the fair value of AIRG stock?

You can check AIRG's fair value in chart for subscribers. The fair value of Airgain Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Airgain Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for AIRG so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Airgain Inc a good stock to buy?

The fair value guage provides a quick view whether AIRG is over valued or under valued. Whether Airgain Inc is cheap or expensive depends on the assumptions which impact Airgain Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for AIRG.

What is Airgain Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri May 17 2024, AIRG's PE ratio (Price to Earnings) is -4.7 and Price to Sales (PS) ratio is 1.05. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. AIRG PE ratio will change depending on the future growth rate expectations of investors.