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AIRT Company Profile and Key Details

NASDAQ : AIRT

Air T

$27.08
0.09+0.33%
Open: 4:00 PM
74.97
BESG ScoreESG Rating

Price Chart

Stock Price Today

Air T, Inc. (AIRT) stock surged +0.33%, trading at $27.08 on NASDAQ, up from the previous close of $26.99. The stock opened at $27.74, fluctuating between $27.08 and $28.85 in the recent session.

Stock Snapshot

26.99
Prev. Close
73.02M
Market Cap
27.08
Day Low
0.47
P/E Ratio
58.21
EPS (TTM)
15.26
Cash Flow per Share
27.74
Open
2.7M
Number of Shares
28.8465
Day High
35.24%
Free Float in %
2.44
Book Value
3.52K
Volume

Relevant Articles

SEC Fillings

Current Report (8-k)

Filing DateAccepted Date

Annual Report (10-k)

Filing DateAccepted Date

Stock Price History Chart

DateOpenHighLowCloseVolume
Jul 10, 202627.7428.8527.0827.083.64K
Jul 09, 202625.5028.5025.5026.994.64K
Jul 08, 202627.9727.9827.4827.481.39K
Jul 07, 202631.9931.9926.2628.006.91K
Jul 06, 202629.0034.4929.0031.998.03K
Jul 02, 202626.4528.8725.0628.877.32K
Jul 01, 202625.3525.3525.3525.351.1K
Jun 30, 202623.6428.6923.6426.509.69K
Jun 29, 202623.1124.0023.1123.611.98K
Jun 26, 202624.0824.0824.0824.081.13K
Jun 25, 202622.1122.1122.1122.11278
Jun 24, 202622.1223.5022.1223.502.71K
Jun 23, 202622.2723.0522.2723.00668
Jun 22, 202623.5023.7623.0023.001.91K
Jun 18, 202621.9523.2021.9523.133.44K
Jun 17, 202621.3523.3021.3522.334.91K
Jun 16, 202622.0122.5521.3021.304.26K
Jun 15, 202622.3022.7021.8021.80948
Jun 12, 202622.0022.2521.2521.557.71K
Jun 11, 202622.0022.0022.0022.001.5K

Contact Details

Charlotte, NC 28037

United States

https://www.airt.net828 464 8741

About Company

Air T, Inc. operates as a diversified company, offering an array of services across the United States and globally. Its primary business activities encompass rapid air cargo transportation, the manufacturing and sale of specialized ground support equipment, comprehensive solutions for commercial aircraft, engines, and parts, and services for printing equipment maintenance. The company's Overnight Air Cargo division specializes in expedited air freight delivery. As of March 31, 2022, this segment utilized a fleet of 72 aircraft, which were dry-leased for operations with FedEx. Through its Ground Equipment Sales segment, Air T, Inc. designs, produces, distributes, and maintains various types of specialized machinery. This includes aircraft de-icing units, elevated work platforms (scissor lifts), decontamination systems for both military and civilian use, flight-line tow tractors, and glycol recovery vehicles, among other unique equipment. Its broad customer base includes passenger and cargo airlines, ground handling companies, the United States Air Force, airport authorities, and industrial enterprises. The Commercial Aircraft, Engines and Parts segment provides an exhaustive suite of services related to commercial aviation assets. These offerings span commercial aircraft trading, leasing arrangements, and extensive parts solutions. Specific services include aircraft storage, maintenance during storage periods, and aircraft disassembly for component recovery (part-out services). Furthermore, this segment handles the sale, exchange, procurement, consignment programs, and overhaul/repair of aircraft components. Its expertise extends to instrumentation, avionics, and a variety of electrical accessories suitable for civilian, military transport, regional/commuter, business/commercial jet, and turboprop aircraft. The division also specializes in composite aircraft structures, providing both repair and support services for them. Air T, Inc. was established in 1980 and is headquartered in Denver, North Carolina.

Company Information

Employees646
Beta0.3
Sales or Revenue$327.09M
5Y Sales Change%0.989%
Fiscal Year EndsMarch
SectorIndustrials
IndustryIntegrated Freight & Logistics

Company Overview

Air T, Inc. (NASDAQ:AIRT) closed at $27.08 USD, gaining $0.09 (0.33%) from the previous close of $26.99. The stock is currently mid-range between its 52-week high and low $18.35 and $34.49. With a market capitalization of about $73.02 million, Air T, Inc. is classified as a micro-cap and shows lower-than-market volatility (beta ~0.30). Key stats such as the average daily volume over the past year has been around 1.98 thousand shares, trading with heavier-than-usual volume. Headquartered in Charlotte, NC, Air T, Inc. operates in the Industrials sector and the Integrated Freight & Logistics industry. Led by CEO Nicholas John Swenson, the company employs approximately 646 people and listed since April 24, 1984. Air T, Inc. operates as a diversified company, offering an array of services across the United States and globally.

Technical Performance

AIRT has shown mixed momentum, gaining 8.55% over the past week and -17.8% over the past quarter, though year-to-date performance is up 9.4%. Short-term trend indicators are bearishly aligned (SMA20 -2.57%, SMA50 6.26%, SMA200 9.58%). The stock’s 14-day RSI is 50.01 (neutral), while the ATR of 0.6 points to higher daily volatility. The stock remains hovering near 52-week lows, trading -15.51% below its high and over 54.95% above its low. Average 10-day trading volume of 4.72 thousand shares is significantly above the 3-month average of 2.08 thousand, indicating heightened recent market interest.

Valuation Metrics

Air T, Inc. trades at a P/E ratio of 0.98, slightly below the S&P 500 average, with a price-to-sales ratio of 0.23 and a price-to-book ratio of 0.96 suggesting the stock is closer to book value. The P/FCF stands at -2.82, also below market averages.

Dividend & Fair Value

Air T, Inc. last paid a dividend of 0 per share, Dividend and splits history remains an important factor for investors monitoring long-term returns. A discounted cash flow model estimates fair value at around $26.73. This means the shares are trading near this model’s fair value.

Earnings & Analyst Outlook

Air T, Inc. generated EPS of -$2.50 over the past year. Five-year average earnings growth is -64.23%.

Frequently Asked Questions

What is the current Air T, Inc. (AIRT) stock price?
Air T, Inc. (NASDAQ: AIRT) stock price is $27.08 in the last trading session. During the trading session, AIRT stock reached the peak price of $28.85 while $27.08 was the lowest point it dropped to. The percentage change in AIRT stock occurred in the recent session was 0.33% while the dollar amount for the price change in AIRT stock was $0.09.
AIRT's industry and sector of operation?
The NASDAQ listed AIRT is part of Integrated Freight & Logistics industry that operates in the broader Industrials sector. Air T, Inc. designs, manufactures, and markets smartphones, personal computers, tablets, wearables, and accessories worldwide.
Who are the executives of AIRT?
Tracy Kennedy
Chief Accounting Officer
Mr. Michael Moore
Chief Executive Officer of Global Ground Support LLC
Ms. Cheryl C. Sigmon
Chief Financial Officer of Air Cargo Segment
Mr. Mark Jundt
Chief Legal Counsel
Mr. Nicholas John Swenson
Chairman, Pres & Chief Executive Officer
Mr. Brian Ochocki
Chief Financial Officer, Principal Accounting Officer & Treasurer
Mr. Mitch Pothen
Vice President of Technology
Mr. Mark R. Jundt
Chief Legal Counsel
Ms. Katrina Marie-Kramer Philp
Chief of Staff
Mr. Sebastian Lourier
Principal & Chief Executive Officer of Crestone Air Partners
Mr. Mark Harris
Senior Vice President of Global Operations
How AIRT did perform over past 52-week?
AIRT's closing price is 47.58% higher than its 52-week low of $18.35 where as its distance from 52-week high of $34.49 is -21.48%.
How many employees does AIRT have?
Number of AIRT employees currently stands at 646.
Link for AIRT official website?
Official Website of AIRT is: https://www.airt.net
How do I contact AIRT?
AIRT could be contacted at phone 828 464 8741 and can also be accessed through its website. AIRT operates from 5930 Balsom Ridge Road, Charlotte, NC 28037, United States.
How many shares of AIRT are traded daily?
AIRT stock volume for the day was 3.52K shares. The average number of AIRT shares traded daily for last 3 months was 1.98K.
What is the market cap of AIRT currently?
The market value of AIRT currently stands at $73.02M with its latest stock price at $27.08 and 2.7M of its shares outstanding.
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