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Air T NasdaqCM:AIRT Stock Report

Last Price

US$26.54

Market Cap

US$75.3m

7D

1.6%

1Y

7.0%

Updated

02 May, 2024

Data

Company Financials

AIRT Stock Overview

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.

AIRT fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance0/6
Financial Health3/6
Dividends0/6

Air T, Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Air T
Historical stock prices
Current Share PriceUS$26.54
52 Week HighUS$28.62
52 Week LowUS$12.53
Beta0.79
1 Month Change20.20%
3 Month Change57.60%
1 Year Change7.02%
3 Year Change18.27%
5 Year Change43.20%
Change since IPO3,084.80%

Recent News & Updates

Further Upside For Air T, Inc. (NASDAQ:AIRT) Shares Could Introduce Price Risks After 30% Bounce

Mar 27
Further Upside For Air T, Inc. (NASDAQ:AIRT) Shares Could Introduce Price Risks After 30% Bounce

Health Check: How Prudently Does Air T (NASDAQ:AIRT) Use Debt?

Mar 21
Health Check: How Prudently Does Air T (NASDAQ:AIRT) Use Debt?

Recent updates

Further Upside For Air T, Inc. (NASDAQ:AIRT) Shares Could Introduce Price Risks After 30% Bounce

Mar 27
Further Upside For Air T, Inc. (NASDAQ:AIRT) Shares Could Introduce Price Risks After 30% Bounce

Health Check: How Prudently Does Air T (NASDAQ:AIRT) Use Debt?

Mar 21
Health Check: How Prudently Does Air T (NASDAQ:AIRT) Use Debt?

Is Air T (NASDAQ:AIRT) Using Too Much Debt?

Nov 16
Is Air T (NASDAQ:AIRT) Using Too Much Debt?

Returns At Air T (NASDAQ:AIRT) Appear To Be Weighed Down

Apr 09
Returns At Air T (NASDAQ:AIRT) Appear To Be Weighed Down

Air T GAAP EPS of -$0.50, revenue of $50.9M

Aug 12

There Are Some Holes In Air T's (NASDAQ:AIRT) Solid Earnings Release

Nov 19
There Are Some Holes In Air T's (NASDAQ:AIRT) Solid Earnings Release

Is Air T (NASDAQ:AIRT) A Risky Investment?

Jul 22
Is Air T (NASDAQ:AIRT) A Risky Investment?

Is Air T (NASDAQ:AIRT) Weighed On By Its Debt Load?

Mar 01
Is Air T (NASDAQ:AIRT) Weighed On By Its Debt Load?

The Air T (NASDAQ:AIRT) Share Price Is Up 78% And Shareholders Are Holding On

Jan 08
The Air T (NASDAQ:AIRT) Share Price Is Up 78% And Shareholders Are Holding On

BABA, FUBO, GEVO and NLTX among midday movers

Dec 24

How Many Air T, Inc. (NASDAQ:AIRT) Shares Did Insiders Buy, In The Last Year?

Dec 13
How Many Air T, Inc. (NASDAQ:AIRT) Shares Did Insiders Buy, In The Last Year?

Shareholder Returns

AIRTUS LogisticsUS Market
7D1.6%-0.8%-0.7%
1Y7.0%-11.6%22.8%

Return vs Industry: AIRT exceeded the US Logistics industry which returned -11.6% over the past year.

Return vs Market: AIRT underperformed the US Market which returned 22.8% over the past year.

Price Volatility

Is AIRT's price volatile compared to industry and market?
AIRT volatility
AIRT Average Weekly Movement11.2%
Logistics Industry Average Movement5.1%
Market Average Movement6.1%
10% most volatile stocks in US Market16.7%
10% least volatile stocks in US Market3.0%

Stable Share Price: AIRT's share price has been volatile over the past 3 months.

Volatility Over Time: AIRT's weekly volatility (11%) has been stable over the past year, but is still higher than 75% of US stocks.

About the Company

FoundedEmployeesCEOWebsite
1980584Nick Swensonwww.airt.net

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 Overnight Air Cargo segment offers air express delivery services. As of March 31, 2023, this segment had 85 aircraft under the dry-lease agreements with FedEx.

Air T, Inc. Fundamentals Summary

How do Air T's earnings and revenue compare to its market cap?
AIRT fundamental statistics
Market capUS$75.33m
Earnings (TTM)-US$14.16m
Revenue (TTM)US$288.53m

0.3x

P/S Ratio

-5.3x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
AIRT income statement (TTM)
RevenueUS$288.53m
Cost of RevenueUS$239.84m
Gross ProfitUS$48.69m
Other ExpensesUS$62.85m
Earnings-US$14.16m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)-5.02
Gross Margin16.87%
Net Profit Margin-4.91%
Debt/Equity Ratio479.0%

How did AIRT perform over the long term?

See historical performance and comparison
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