AIRI RSI Chart
Last 7 days
-15.5%
Last 30 days
-5.3%
Last 90 days
21.1%
Trailing 12 Months
50%
Historical Charts for Stock Metrics
Year | Q1 | Q2 | Q3 | Q4 |
---|---|---|---|---|
2024 | 53.0M | 0 | 0 | 0 |
2023 | 53.7M | 52.9M | 51.9M | 51.5M |
2022 | 57.3M | 55.8M | 54.8M | 53.2M |
2021 | 50.4M | 57.3M | 58.0M | 58.9M |
2020 | 54.1M | 49.3M | 48.9M | 50.1M |
2019 | 46.5M | 48.9M | 52.2M | 54.6M |
2018 | 50.7M | 44.6M | 41.6M | 44.5M |
2017 | 48.8M | 46.5M | 44.5M | 51.5M |
2016 | 78.8M | 79.1M | 73.8M | 51.3M |
2015 | 65.7M | 71.4M | 77.3M | 80.4M |
2014 | 64.0M | 62.7M | 61.8M | 64.3M |
2013 | 62.5M | 61.9M | 62.4M | 62.8M |
2012 | 57.2M | 59.3M | 61.6M | 64.2M |
2011 | 0 | 50.3M | 52.0M | 53.7M |
2010 | 0 | 0 | 0 | 48.6M |
Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index
Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>
Returns of $10,000 invested in:
Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224
Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
Apr 25, 2024 | taglich robert | acquired | 12,597 | 4.81 | 2,619 | - |
Apr 25, 2024 | porcelain michael | acquired | 13,006 | 4.81 | 2,704 | - |
Apr 25, 2024 | taglich michael n | acquired | 12,597 | 4.81 | 2,619 | - |
Jan 08, 2024 | porcelain michael | acquired | 13,004 | 3.1 | 4,195 | - |
Jan 08, 2024 | taglich michael n | acquired | 12,598 | 3.1 | 4,064 | - |
Jan 08, 2024 | taglich robert | acquired | 12,598 | 3.1 | 4,064 | - |
Oct 04, 2023 | taglich robert | acquired | 12,597 | 2.89 | 4,359 | - |
Oct 04, 2023 | porcelain michael | acquired | 13,005 | 2.89 | 4,500 | - |
Oct 04, 2023 | taglich michael n | acquired | 12,597 | 2.89 | 4,359 | - |
Jul 19, 2023 | rettaliata peter | acquired | 9,377 | 3.54 | 2,649 | - |
Which funds bought or sold AIRI recently?
View All DetailsDatesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
May 15, 2024 | Royal Bank of Canada | new | - | - | - | -% |
May 15, 2024 | Tower Research Capital LLC (TRC) | reduced | -17.93 | 1,336 | 8,479 | -% |
May 15, 2024 | BANK OF AMERICA CORP /DE/ | unchanged | - | 462 | 1,499 | -% |
May 15, 2024 | MORGAN STANLEY | sold off | -100 | -2,980 | - | -% |
May 13, 2024 | GEODE CAPITAL MANAGEMENT, LLC | unchanged | - | 24,038 | 77,908 | -% |
May 10, 2024 | VANGUARD GROUP INC | reduced | -5.11 | 130,181 | 479,884 | -% |
May 10, 2024 | OSAIC HOLDINGS, INC. | unchanged | - | 7,250 | 23,500 | -% |
May 10, 2024 | Scarborough Advisors, LLC | sold off | -100 | -956 | - | -% |
May 10, 2024 | WELLS FARGO & COMPANY/MN | added | 5.88 | 30.00 | 85.00 | -% |
May 09, 2024 | Richmond Brothers, Inc. | reduced | -64.47 | -154,770 | 163,584 | 0.30% |
Unveiling Air Industries Group's Major ShareHolders
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Peers (Alternatives to Air Industries Group)
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
BA | 113.6B | 76.4B | -52.82 | 1.49 | ||||
GD | 82.1B | 43.1B | 24.25 | 1.9 | ||||
LHX | 42.4B | 20.2B | 36.17 | 2.1 | ||||
HWM | 33.9B | 6.9B | 39.37 | 4.93 | ||||
HEI | 29.8B | 3.2B | 70.11 | 9.19 | ||||
AXON | 21.8B | 1.7B | 83.09 | 12.96 | ||||
HII | 10.1B | 11.6B | 14.29 | 0.87 | ||||
MID-CAP | ||||||||
CW | 10.7B | 2.9B | 28.48 | 3.64 | ||||
BWXT | 8.1B | 2.5B | 31.91 | 3.19 | ||||
AVAV | 5.5B | 705.8M | -51.04 | 7.73 | ||||
SMALL-CAP | ||||||||
DCO | 856.0M | 766.6M | 48.79 | 1.12 | ||||
SPCE | 407.2M | 8.4M | -0.92 | 48.52 | ||||
ISSC | 92.5M | 41.0M | 14.63 | 2.26 | ||||
CODA | 74.1M | 642.5K | 31.44 | 106.77 | ||||
ASTC | 16.0M | 2.0M | -1.45 | 7.99 |
Air Industries Group News
Income Statement (Quarterly) | ||||||||||||||||||||||
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 | 4.4% | 14,061,000 | 13,469,000 | 12,293,000 | 13,205,000 | 12,549,000 | 13,890,000 | 13,278,000 | 14,008,000 | 12,062,000 | 15,420,000 | 14,354,000 | 15,453,000 | 13,712,000 | 14,494,000 | 13,662,000 | 8,494,000 | 13,447,000 | 13,330,000 | 13,997,000 | 13,368,000 | 13,878,000 |
Cost Of Revenue | - | - | - | - | - | - | - | 11,036,000 | 11,586,000 | 9,984,000 | 11,581,000 | 12,340,000 | 12,850,000 | 11,915,000 | 12,433,000 | 12,006,000 | 7,880,000 | 11,266,000 | 11,616,000 | 11,034,000 | 11,177,000 | 11,604,000 |
Gross Profit | -11.3% | 1,906,000 | 2,150,000 | 1,228,000 | 2,170,000 | 1,880,000 | 710,000 | 2,242,000 | 2,422,000 | 2,078,000 | 3,839,000 | 2,014,000 | 2,603,000 | 1,797,000 | 2,061,000 | 1,656,000 | 614,000 | 2,181,000 | 1,714,000 | 2,963,000 | 2,191,000 | 2,274,000 |
Costs and Expenses | - | 26,000 | - | - | - | 4,000 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Operating Expenses | 38.5% | 2,165,000 | 1,563,000 | 2,024,000 | 2,098,000 | 2,038,000 | 1,530,000 | 2,073,000 | 2,172,000 | 1,871,000 | 1,996,000 | 1,837,000 | 2,163,000 | 1,770,000 | 1,887,000 | 1,896,000 | 1,906,000 | 2,262,000 | 2,697,000 | 1,808,000 | 1,972,000 | 2,062,000 |
EBITDA Margin | -9.1% | 0.03 | 0.03 | 0.01 | 0.03 | 0.03 | 0.04 | 0.09 | 0.09 | 0.09 | 0.09 | 0.10 | 0.10 | 0.07 | 0.07 | - | - | - | - | - | - | - |
Interest Expenses | 1533.3% | 344,000 | -24,000 | 517,000 | 597,000 | 358,000 | -44,000 | 323,000 | - | - | - | - | - | - | 244,000 | 442,000 | 33,000 | 205,000 | 1,014,000 | 500,000 | 475,000 | 285,000 |
Income Taxes | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 2,000 | - | - | -1,414,000 | 15,000 | 22,000 | - | - |
Earnings Before Taxes | -490.1% | -706,000 | 181,000 | -1,299,000 | -395,000 | -618,000 | -899,000 | -142,000 | -7,000 | -28,000 | 1,606,000 | -66,000 | 239,000 | -152,000 | 2,331,000 | -477,000 | -1,584,000 | -356,000 | -1,251,000 | 420,000 | -735,000 | -995,000 |
EBT Margin | -1.2% | -0.04 | -0.04 | -0.06 | -0.04 | -0.03 | -0.02 | 0.03 | 0.03 | 0.03 | 0.03 | 0.04 | 0.03 | 0.00 | 0.00 | - | - | - | - | - | - | - |
Net Income | -490.1% | -706,000 | 181,000 | -1,299,000 | -395,000 | -618,000 | -899,000 | -142,000 | -7,000 | -28,000 | 1,606,000 | -66,000 | 239,000 | -152,000 | 2,099,000 | -477,000 | -1,584,000 | 1,058,000 | -1,261,000 | 187,000 | -735,000 | -923,000 |
Net Income Margin | -1.2% | -0.04 | -0.04 | -0.06 | -0.04 | -0.03 | -0.02 | 0.03 | 0.03 | 0.03 | 0.03 | 0.04 | 0.03 | 0.00 | 0.02 | - | - | - | - | - | - | - |
Free Cashflow | 86.2% | -343,000 | -2,483,000 | 5,203,000 | -442,000 | 465,000 | 140,000 | -1,041,000 | -1,867,000 | 855,000 | 1,169,000 | 2,343,000 | -1,106,000 | 294,000 | -667,000 | - | - | - | - | - | - | - |
Balance Sheet | ||||||||||||||||||||||
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 | -0.9% | 50.00 | 51.00 | 50.00 | 54.00 | 53.00 | 54.00 | 55.00 | 56.00 | 52.00 | 53.00 | 54.00 | 56.00 | 57.00 | 58.00 | 59.00 | 55.00 | 54.00 | 51.00 | 51.00 | 53.00 | 51.00 |
Current Assets | -1.1% | 38.00 | 39.00 | 38.00 | 42.00 | 41.00 | 42.00 | 43.00 | 43.00 | 40.00 | 41.00 | 41.00 | 43.00 | 44.00 | 44.00 | 44.00 | 42.00 | 42.00 | 38.00 | 38.00 | 40.00 | 38.00 |
Cash Equivalents | -35.0% | 0.00 | 0.00 | 1.00 | 1.00 | 1.00 | 0.00 | 0.00 | 1.00 | 0.00 | 1.00 | 1.00 | 1.00 | 2.00 | 3.00 | 1.00 | 2.00 | 1.00 | 1.00 | 0.00 | 1.00 | 0.00 |
Inventory | -1.6% | 29.00 | 30.00 | 31.00 | 33.00 | 32.00 | 32.00 | 33.00 | 33.00 | 32.00 | 30.00 | 29.00 | 30.00 | 32.00 | 32.00 | 33.00 | 34.00 | 30.00 | 29.00 | 30.00 | 30.00 | 29.00 |
Net PPE | -0.2% | 8.00 | 8.00 | 9.00 | 9.00 | 9.00 | 8.00 | 8.00 | 8.00 | 8.00 | 8.00 | 8.00 | 9.00 | 9.00 | 10.00 | 9.00 | 7.00 | 7.00 | 8.00 | 8.00 | 8.00 | 8.00 |
Goodwill | - | - | - | - | - | - | - | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Liabilities | 0.5% | 36.00 | 36.00 | 35.00 | 38.00 | 37.00 | 37.00 | 37.00 | 38.00 | 35.00 | 36.00 | 38.00 | 41.00 | 42.00 | 43.00 | 47.00 | 43.00 | 41.00 | 41.00 | 40.00 | 43.00 | 40.00 |
Current Liabilities | 0.3% | 27.00 | 27.00 | 26.00 | 25.00 | 23.00 | 24.00 | 24.00 | 24.00 | 23.00 | 23.00 | 24.00 | 26.00 | 27.00 | 27.00 | 35.00 | 34.00 | 20.00 | 33.00 | 33.00 | 35.00 | 32.00 |
Long Term Debt | 31.7% | 1.00 | 1.00 | 1.00 | - | - | 5.00 | - | - | - | - | 4.00 | 4.00 | 5.00 | 5.00 | 1.00 | 4.00 | 17.00 | 3.00 | 0.00 | 0.00 | 0.00 |
LT Debt, Current | 1.7% | 16.00 | 16.00 | 14.00 | - | - | 14.00 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
LT Debt, Non Current | -100.0% | - | 1.00 | 1.00 | - | - | 5.00 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Shareholder's Equity | -4.2% | 15.00 | 15.00 | 15.00 | 16.00 | 16.00 | 17.00 | 18.00 | 18.00 | 17.00 | 17.00 | 16.00 | 16.00 | 15.00 | 15.00 | 11.00 | 12.00 | 13.00 | 10.00 | 11.00 | 10.00 | 11.00 |
Retained Earnings | -1.0% | -68.45 | -67.74 | -67.92 | -66.62 | -66.23 | -65.61 | -64.71 | -64.57 | -64.56 | -64.53 | -66.14 | -66.07 | -66.31 | -66.16 | -68.26 | -67.78 | -66.20 | -67.26 | -65.99 | -66.18 | -65.45 |
Additional Paid-In Capital | 0.1% | 83.00 | 83.00 | 83.00 | 83.00 | 83.00 | 82.00 | 82.00 | 82.00 | 82.00 | 82.00 | 82.00 | 82.00 | 81.00 | 81.00 | 80.00 | 79.00 | 79.00 | 77.00 | 77.00 | 76.00 | 76.00 |
Shares Outstanding | 0.4% | 3.00 | 3.00 | 3.00 | 3.00 | 3.00 | 3.00 | 3.00 | 3.00 | 3.00 | 3.00 | 3.00 | 3.00 | 3.00 | 3.00 | - | - | - | - | - | - | - |
Float | - | - | - | - | 9.00 | - | - | - | 17.00 | - | - | - | 32.00 | - | - | - | 21.00 | - | - | - | 19.00 | - |
Cashflow (Quarterly) | ||||||||||||||||||||||
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 | 89.6% | -232 | -2,231 | 5,687 | -32.00 | 1,438 | 521 | -388 | -970 | 1,285 | 1,550 | 2,695 | -748 | 567 | 1,659 | -2,141 | -729 | -314 | -1,158 | 1,763 | 235 | -1,728 |
Share Based Compensation | -80.6% | 62.00 | 320 | 54.00 | 54.00 | 54.00 | 364 | 54.00 | 54.00 | 54.00 | 82.00 | 147 | 57.00 | 157 | -55.00 | 52.00 | 74.00 | 140 | -107 | 25.00 | 93.00 | 233 |
Cashflow From Investing | 54.7% | -111 | -245 | -484 | -410 | -973 | -381 | -653 | -897 | -430 | -381 | -352 | -358 | -273 | -2,326 | -1,162 | -231 | -78.00 | -367 | -318 | -133 | 54.00 |
Cashflow From Financing | -89.3% | 222 | 2,082 | -5,300 | 154 | 379 | -51.00 | 303 | 2,433 | -1,118 | -1,234 | -2,166 | -110 | -1,068 | 1,712 | 2,695 | 1,534 | 592 | 2,486 | -2,469 | 813 | 104 |
Condensed Consolidated Statements of Operations (Unaudited) - USD ($) | 3 Months Ended | |
---|---|---|
Mar. 31, 2024 | Mar. 31, 2023 | |
Net Sales | $ 14,061,000 | $ 12,549,000 |
Cost of Sales | 12,155,000 | 10,669,000 |
Gross Profit | 1,906,000 | 1,880,000 |
Operating Expenses | 2,165,000 | 2,038,000 |
Loss from Operations | (259,000) | (158,000) |
Interest Expense | (344,000) | (358,000) |
Other Income, Net | 15,000 | 16,000 |
Loss before Income Taxes | (706,000) | (618,000) |
Provision for Income Taxes | ||
Net Loss | $ (706,000) | $ (618,000) |
Loss per share - Basic (in Dollars per share) | $ (0.21) | $ (0.19) |
Weighted Average Shares Outstanding - Basic (in Shares) | 3,314,420 | 3,258,478 |
Related Party | ||
Interest Expense - Related Parties | $ (118,000) | $ (118,000) |
Condensed Consolidated Balance Sheets - USD ($) | Mar. 31, 2024 | Dec. 31, 2023 |
---|---|---|
ASSETS | ||
Cash | $ 225,000 | $ 346,000 |
Accounts Receivable, Net of Allowance for Credit Losses of $321,000 and $344,000 | 8,035,000 | 7,892,000 |
Inventory | 29,359,000 | 29,851,000 |
Prepaid Expenses and Other Current Assets | 345,000 | 297,000 |
Contract Costs Receivable | 296,000 | 296,000 |
Prepaid Taxes | 37,000 | 37,000 |
Total Current Assets | 38,297,000 | 38,719,000 |
Property and Equipment, Net | 8,031,000 | 8,048,000 |
Finance Lease Right-of-Use Assets | 932,000 | 970,000 |
Operating Lease Right-of-Use Assets | 1,704,000 | 1,866,000 |
Deferred Financing Costs, Net, Deposits and Other Assets | 1,298,000 | 1,112,000 |
TOTAL ASSETS | 50,262,000 | 50,715,000 |
Current Liabilities | ||
Debt | 16,309,000 | 16,036,000 |
Accounts Payable and Accrued Expenses | 6,275,000 | 6,091,000 |
Operating Lease Liabilities | 907,000 | 880,000 |
Deferred Gain on Sale – Leaseback | 38,000 | 38,000 |
Customer Deposits | 3,158,000 | 3,557,000 |
Total Current Liabilities | 26,687,000 | 26,602,000 |
Long Term Liabilities | ||
Debt | 1,465,000 | 1,112,000 |
Subordinated Notes - Related Party | 6,162,000 | 6,162,000 |
Operating Lease Liabilities | 1,345,000 | 1,582,000 |
Deferred Gain on Sale – Leaseback | 57,000 | 67,000 |
TOTAL LIABILITIES | 35,716,000 | 35,525,000 |
Commitments and Contingencies (see Note 7) | ||
Preferred Stock, par value $.001 - Authorized 3,000,000 shares, 0 shares outstanding, at both March 31, 2024 and December 31, 2023. | ||
Common Stock - Par Value $.001 - Authorized 6,000,000 shares, 3,315,368 and 3,303,045 shares issued and outstanding as of March 31, 2024 and December 31, 2023, respectively | 3,000 | 3,000 |
Additional Paid-In Capital | 82,990,000 | 82,928,000 |
Accumulated Deficit | (68,447,000) | (67,741,000) |
TOTAL STOCKHOLDERS’ EQUITY | 14,546,000 | 15,190,000 |
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY | $ 50,262,000 | $ 50,715,000 |