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AIRI

AIRI - Air Industries Group Stock Price, Fair Value and News

5.25USD+0.45 (+9.38%)Market Closed

Market Summary

AIRI
USD5.25+0.45
Market Closed
9.38%

AIRI Stock Price

View Fullscreen

AIRI RSI Chart

AIRI Valuation

Market Cap

17.4M

Price/Earnings (Trailing)

-8.17

Price/Sales (Trailing)

0.34

EV/EBITDA

8.07

Price/Free Cashflow

6.35

AIRI Price/Sales (Trailing)

AIRI Profitability

Operating Margin

14.23%

EBT Margin

-4.14%

Return on Equity

-14.03%

Return on Assets

-4.2%

Free Cashflow Yield

15.76%

AIRI Fundamentals

AIRI Revenue

Revenue (TTM)

51.5M

Rev. Growth (Yr)

-3.03%

Rev. Growth (Qtr)

9.57%

AIRI Earnings

Earnings (TTM)

-2.1M

Earnings Growth (Yr)

120.13%

Earnings Growth (Qtr)

113.93%

Breaking Down AIRI Revenue

Last 7 days

5.4%

Last 30 days

23.0%

Last 90 days

67.7%

Trailing 12 Months

50%

How does AIRI drawdown profile look like?

AIRI Financial Health

Current Ratio

1.46

Debt/Equity

0.07

Debt/Cashflow

4.37

AIRI Investor Care

Shares Dilution (1Y)

1.72%

Diluted EPS (TTM)

-0.65

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
202353.7M52.9M51.9M51.5M
202257.3M55.8M54.8M53.2M
202150.4M57.3M58.0M58.9M
202054.1M49.3M48.9M50.1M
201946.5M48.9M52.2M54.6M
201850.7M44.6M41.6M44.5M
201748.8M46.5M44.5M51.5M
201678.8M79.1M73.8M51.3M
201565.7M71.4M77.3M80.4M
201464.0M62.7M61.8M64.3M
201362.5M61.9M62.4M62.8M
201257.2M59.3M61.6M64.2M
2011050.3M52.0M53.7M
201000048.6M
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Tracking the Latest Insider Buys and Sells of Air Industries Group

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Jan 08, 2024
porcelain michael
acquired
13,004
3.1
4,195
-
Jan 08, 2024
taglich robert
acquired
12,598
3.1
4,064
-
Jan 08, 2024
taglich michael n
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
-
Jul 19, 2023
taglich michael n
acquired
15,813
3.54
4,467
-
Jul 19, 2023
porcelain michael
acquired
12,910
3.54
3,647
-
Jul 19, 2023
taglich robert
acquired
15,813
3.54
4,467
-

1–10 of 50

Which funds bought or sold AIRI recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Mar 11, 2024
VANGUARD GROUP INC
reduced
-2.7
31,976
349,703
-%
Feb 29, 2024
Scarborough Advisors, LLC
new
-
956
956
-%
Feb 14, 2024
BANK OF AMERICA CORP /DE/
unchanged
-
121
1,037
-%
Feb 13, 2024
GEODE CAPITAL MANAGEMENT, LLC
unchanged
-
6,243
53,870
-%
Feb 13, 2024
Tower Research Capital LLC (TRC)
reduced
-9.02
202
7,143
-%
Feb 13, 2024
MORGAN STANLEY
new
-
2,980
2,980
-%
Feb 12, 2024
JPMORGAN CHASE & CO
sold off
-100
-12.00
-
-%
Feb 12, 2024
OSAIC HOLDINGS, INC.
unchanged
-
1,884
16,250
-%
Feb 09, 2024
WELLS FARGO & COMPANY/MN
unchanged
-
6.00
55.00
-%
Feb 08, 2024
Richmond Brothers, Inc.
reduced
-12.01
-1,487
318,354
0.56%

1–10 of 12

Are Funds Buying or Selling AIRI?

Are funds buying AIRI calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own AIRI
No. of Funds

Unveiling Air Industries Group's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 05, 2024
taglich robert
14.53%
481,667
SC 13D/A
Feb 05, 2024
taglich michael n
21.01%
696,069
SC 13D/A
Feb 14, 2023
taglich michael n
19.4%
678,642
SC 13D/A
Feb 14, 2023
taglich robert
13.5%
464,240
SC 13D/A
Oct 22, 2021
richmond brothers, inc.
6.92%
2,242,374
SC 13D/A
Oct 12, 2021
richmond brothers, inc.
7.90%
2,560,014
SC 13D/A
Apr 30, 2021
richmond brothers, inc.
-
0
SC 13D/A
Mar 31, 2020
richmond brothers, inc.
14.0%
4,321,837
SC 13D/A

Recent SEC filings of Air Industries Group

View All Filings
Date Filed Form Type Document
Apr 15, 2024
10-K
Annual Report
Apr 02, 2024
NT 10-K
NT 10-K
Apr 01, 2024
8-K
Current Report
Mar 28, 2024
8-K
Current Report
Feb 05, 2024
SC 13D/A
13D - Major Acquisition
Feb 05, 2024
SC 13D/A
13D - Major Acquisition
Jan 23, 2024
8-K
Current Report
Jan 10, 2024
4
Insider Trading
Jan 10, 2024
4
Insider Trading
Jan 10, 2024
4
Insider Trading

Peers (Alternatives to Air Industries Group)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
102.4B
77.8B
-8.05% -16.79%
-46.09
1.32
16.79% 54.97%
78.0B
42.3B
3.42% 25.01%
23.52
1.84
7.27% -2.21%
38.6B
19.4B
-4.53% 1.35%
31.49
1.99
13.81% 15.54%
26.8B
3.2B
3.50% 15.08%
62.99
8.26
38.68% 18.86%
26.0B
6.6B
-4.18% 49.20%
34.04
3.92
17.25% 63.11%
22.8B
1.6B
-1.46% 35.40%
131.03
14.6
31.38% 18.41%
10.9B
11.5B
-4.83% 31.01%
15.99
0.95
7.29% 17.62%
MID-CAP
9.4B
2.8B
1.78% 41.14%
26.65
3.32
11.28% 20.44%
8.6B
2.5B
-5.65% 46.47%
34.85
3.43
11.80% 3.22%
4.1B
705.8M
-1.56% 37.58%
-33.9
5.83
44.89% -1448.45%
SMALL-CAP
812.0M
757.0M
10.37% 6.55%
50.98
1.07
6.24% -44.67%
408.0M
6.8M
-38.55% -69.37%
-0.81
60.01
194.12% -0.44%
112.4M
37.6M
-15.37% -10.43%
17.61
2.99
36.42% 25.49%
68.4M
642.5K
11.07% -23.40%
29.02
106.42
-97.11% -47.43%
16.5M
2.0M
9.12% -10.03%
-1.61
8.29
371.33% -13.01%

Air Industries Group News

Latest updates
Defense World • 12 Apr 2024 • 06:26 am
Yahoo Lifestyle UK • 11 Apr 2024 • 12:13 am
InvestorPlace • 02 Apr 2024 • 07:00 am
Houston Chronicle • 01 Apr 2024 • 08:20 pm
Seeking Alpha • 01 Apr 2024 • 07:00 am
Defense World • 27 Mar 2024 • 06:10 am
CNN • 03 Mar 2024 • 12:40 pm

Air Industries Group Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
Income Statement (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Revenue9.6%13,469,00012,293,00013,205,00012,549,00013,890,00013,278,00014,008,00012,062,00015,420,00014,354,00015,453,00013,712,00014,494,00013,662,0008,494,00013,447,00013,330,00013,997,00013,368,00013,878,00010,915,000
Cost Of Revenue------11,036,00011,586,0009,984,00011,581,00012,340,00012,850,00011,915,00012,433,00012,006,0007,880,00011,266,00011,616,00011,034,00011,177,00011,604,00010,336,000
Gross Profit75.1%2,150,0001,228,0002,170,0001,880,000710,0002,242,0002,422,0002,078,0003,839,0002,014,0002,603,0001,797,0002,061,0001,656,000614,0002,181,0001,714,0002,963,0002,191,0002,274,000579,000
Operating Expenses-22.8%1,563,0002,024,0002,098,0002,038,0001,530,0002,073,0002,172,0001,871,0001,996,0001,837,0002,163,0001,770,0001,887,0001,896,0001,906,0002,262,0002,697,0001,808,0001,972,0002,062,0001,485,000
EBITDA Margin310.4%0.040.010.030.040.050.090.090.090.090.100.100.070.07--------
Interest Expenses-14.7%441,000517,000--400,000323,000------244,000442,00033,000205,0001,014,000500,000475,000285,000456,000
Income Taxes-------------2,000---1,414,00015,00022,000--1,000
Earnings Before Taxes113.9%181,000-1,299,000-395,000-618,000-899,000-142,000-7,000-28,0001,606,000-66,000239,000-152,0002,331,000-477,000-1,584,000-356,000-1,251,000420,000-735,000-995,000-4,296,000
EBT Margin33.1%-0.04-0.06-0.04-0.03-0.020.030.030.030.030.040.030.000.00--------
Net Income113.9%181,000-1,299,000-395,000-618,000-899,000-142,000-7,000-28,0001,606,000-66,000239,000-152,0002,099,000-477,000-1,584,0001,058,000-1,261,000187,000-735,000-923,000-6,579,000
Net Income Margin33.1%-0.04-0.06-0.04-0.03-0.020.030.030.030.030.040.030.000.02--------
Free Cashflow-147.7%-2,483,0005,203,000-442,000465,000140,000-1,041,000-1,867,000855,0001,169,0002,343,000-1,106,000294,000-667,000--------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Assets2.0%51.0050.0054.0053.0054.0055.0056.0052.0053.0054.0056.0057.0058.0059.0055.0054.0051.0051.0053.0051.0048.00
  Current Assets2.2%39.0038.0042.0041.0042.0043.0043.0040.0041.0041.0043.0044.0044.0044.0042.0042.0038.0038.0040.0038.0038.00
    Cash Equivalents-53.2%0.001.001.001.000.000.001.000.001.001.001.002.003.001.002.001.001.000.001.000.002.00
  Inventory-4.8%30.0031.0033.0032.0032.0033.0033.0032.0030.0029.0030.0032.0032.0033.0034.0030.0029.0030.0030.0029.0029.00
  Net PPE-13.3%8.009.009.009.009.008.008.008.008.008.009.009.0010.009.007.007.008.008.008.008.009.00
  Goodwill------0.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.00
Liabilities2.2%36.0035.0038.0037.0037.0037.0038.0035.0036.0038.0041.0042.0043.0047.0043.0041.0041.0040.0043.0040.0036.00
  Current Liabilities4.1%27.0026.0025.0023.0024.0024.0024.0023.0023.0024.0026.0027.0027.0035.0034.0020.0033.0033.0035.0032.0029.00
  Long Term Debt-3.8%1.001.00--5.00----4.004.005.005.001.004.0017.003.000.000.000.003.00
    LT Debt, Current15.3%16.0014.00--14.00----------------
    LT Debt, Non Current-100.0%-1.00--5.00----------------
Shareholder's Equity1.6%15.0015.0016.0016.0017.0018.0018.0017.0017.0016.0016.0015.0015.0011.0012.0013.0010.0011.0010.0011.0012.00
  Retained Earnings0.3%-67.74-67.92-66.62-66.23-65.61-64.71-64.57-64.56-64.53-66.14-66.07-66.31-66.16-68.26-67.78-66.20-67.26-65.99-66.18-65.45-64.52
  Additional Paid-In Capital0.1%83.0083.0083.0083.0082.0082.0082.0082.0082.0082.0082.0081.0081.0080.0079.0079.0077.0077.0076.0076.0076.00
Shares Outstanding0.4%3.003.003.003.003.003.003.003.003.003.003.003.003.00--------
Float---9.00---17.00---32.00---21.00---19.00--
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Cashflow From Operations-139.2%-2,2315,687-32.001,438521-388-9701,2851,5502,695-7485671,659-2,141-729-314-1,1581,763235-1,728530
  Share Based Compensation492.6%32054.0054.0054.0014854.0054.0054.0082.0014757.00157-55.0052.0074.00140-10725.0093.00233-15.00
Cashflow From Investing49.4%-245-484-410-973-381-653-897-430-381-352-358-273-2,326-1,162-231-78.00-367-318-13354.004,714
Cashflow From Financing139.3%2,082-5,300154379-51.003032,433-1,118-1,234-2,166-110-1,0681,7122,6951,5345922,486-2,469813104-4,149

AIRI Income Statement

2023-09-30
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Income Statement [Abstract]    
Net Sales$ 12,293,000$ 13,278,000$ 38,047,000$ 39,348,000
Cost of Sales11,065,00011,036,00032,769,00032,606,000
Gross Profit1,228,0002,242,0005,278,0006,742,000
Operating Expenses2,024,0002,073,0006,160,0006,116,000
(Loss) Income from Operations(796,000)169,000(882,000)626,000
Interest and Financing Costs(398,000)(205,000)(1,118,000)(566,000)
Interest Expense - Related Parties(118,000)(118,000)(354,000)(369,000)
Other Income, Net13,00012,00042,000132,000
Loss before Provision For Income Taxes(1,299,000)(142,000)(2,312,000)(177,000)
Provision for Income Taxes
Net Loss$ (1,299,000)$ (142,000)$ (2,312,000)$ (177,000)
Loss per share - Basic and diluted (in Dollars per share)$ (0.4)$ (0.04)$ (0.71)$ (0.05)
Weighted Average Shares Outstanding - Basic and diluted (in Shares)3,286,6823,232,4673,270,3993,224,912

AIRI Balance Sheet

2023-09-30
Condensed Consolidated Balance Sheets - USD ($)
Sep. 30, 2023
Dec. 31, 2022
Current Assets  
Cash$ 740,000$ 281,000
Accounts Receivable, Net of Allowance for Credit Loss of $348,000 and $281,000, at September 30, 2023 and December 31, 2022, respectively5,221,0009,483,000
Inventory31,348,00031,821,000
Prepaid Expenses and Other Current Assets235,000307,000
Contract Costs Receivable296,000296,000
Prepaid Taxes28,00028,000
Total Current Assets37,868,00042,216,000
Property and Equipment, Net9,285,0008,593,000
Operating Lease Right-Of-Use-Assets2,024,0002,473,000
Deferred Financing Costs, Net, Deposits and Other Assets542,000532,000
TOTAL ASSETS49,719,00053,814,000
Current Liabilities  
Debt - Current Portion13,903,00014,477,000
Accounts Payable and Accrued Expenses7,290,0007,542,000
Operating Lease Liabilities - Current Portion854,000778,000
Deferred Gain on Sale - Current Portion38,00038,000
Customer Deposits3,476,000781,000
Total Current Liabilities25,561,00023,616,000
Long-Term Liabilities  
Debt - Net of Current Portion1,156,0004,629,000
Subordinated Notes Payable - Related Party6,162,0006,162,000
Operating Lease Liabilities - Net of Current Portion1,815,0002,463,000
Deferred Gain on Sale - Net of Current Portion76,000105,000
TOTAL LIABILITIES34,770,00036,975,000
Commitments and Contingencies (see Note 7)
Stockholders’ Equity  
Preferred Stock, Par Value $.001 - Authorized 3,000,000 shares, 0 shares outstanding, at both September 30, 2023 and December 31, 2022.
Common Stock - Par Value $.001 - Authorized 6,000,000 shares, 3,289,827 and 3,247,937 shares issued and outstanding as of September 30, 2023 and December 31, 2022, respectively3,0003,000
Additional Paid-In Capital82,868,00082,446,000
Accumulated Deficit(67,922,000)(65,610,000)
TOTAL STOCKHOLDERS’ EQUITY14,949,00016,839,000
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY$ 49,719,000$ 53,814,000
AIRI
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 based in Bay Shore, New York.
0
 CEO
 WEBSITEairindustriesgroup.com
 INDUSTRYAerospace & Defense

Air Industries Group Frequently Asked Questions


What is the ticker symbol for Air Industries Group? What does AIRI stand for in stocks?

AIRI is the stock ticker symbol of Air Industries Group. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Air Industries Group (AIRI)?

As of Mon Apr 15 2024, market cap of Air Industries Group is 17.34 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of AIRI stock?

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

What is the fair value of AIRI stock?

You can check AIRI's fair value in chart for subscribers. The fair value of Air Industries Group 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 Air Industries Group 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 AIRI 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 Air Industries Group a good stock to buy?

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

What is Air Industries Group's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Mon Apr 15 2024, AIRI's PE ratio (Price to Earnings) is -5.4 and Price to Sales (PS) ratio is 0.33. 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. AIRI PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Air Industries Group's stock?

In the past 10 years, Air Industries Group has provided -0.26 (multiply by 100 for percentage) rate of return.