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S&P 500   5,248.49
DOW   39,760.08
QQQ   444.83
Stock market today: World shares are mostly higher after S&P 500 sets another record
The Most Bought AI Stock by Congress Isn’t NVIDIA
5 Dividend Kings Stocks to Load Up on Now
Palantir Technologies: Bearish Sentiment, Bullish Chart Signals
Chinese leader Xi issues a positive message at a meeting with US business leaders as ties improve
Mid-Cap Stocks to Outperform the Market This Cycle
Is DraftKings A Good Bet Ahead of Q1 Earnings?
S&P 500   5,248.49
DOW   39,760.08
QQQ   444.83
Stock market today: World shares are mostly higher after S&P 500 sets another record
The Most Bought AI Stock by Congress Isn’t NVIDIA
5 Dividend Kings Stocks to Load Up on Now
Palantir Technologies: Bearish Sentiment, Bullish Chart Signals
Chinese leader Xi issues a positive message at a meeting with US business leaders as ties improve
Mid-Cap Stocks to Outperform the Market This Cycle
Is DraftKings A Good Bet Ahead of Q1 Earnings?
S&P 500   5,248.49
DOW   39,760.08
QQQ   444.83
Stock market today: World shares are mostly higher after S&P 500 sets another record
The Most Bought AI Stock by Congress Isn’t NVIDIA
5 Dividend Kings Stocks to Load Up on Now
Palantir Technologies: Bearish Sentiment, Bullish Chart Signals
Chinese leader Xi issues a positive message at a meeting with US business leaders as ties improve
Mid-Cap Stocks to Outperform the Market This Cycle
Is DraftKings A Good Bet Ahead of Q1 Earnings?
NASDAQ:AIRT

Air T (AIRT) Stock Price, News & Analysis

$21.01
-1.31 (-5.87%)
(As of 03/27/2024 ET)
Today's Range
$20.51
$22.71
50-Day Range
$14.25
$22.80
52-Week Range
$12.53
$28.62
Volume
9,501 shs
Average Volume
6,863 shs
Market Capitalization
$59.29 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
N/A
AIRT stock logo

About Air T Stock (NASDAQ:AIRT)

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. The Ground Equipment Sales segment manufactures, sells, and services aircraft deicers, scissor-type lifts, military and civilian decontamination units, flight-line tow tractors, glycol recovery vehicles, and other specialized equipment. This segment sells its products to passenger and cargo airlines, ground handling companies, the United States Air Force, airports, and industrial customers. The Commercial Aircraft, Engines and Parts segment offers commercial aircraft trading, leasing, and parts solutions; commercial aircraft storage, storage maintenance, and aircraft disassembly/part-out services; commercial aircraft parts sales, exchanges, procurement services, consignment programs, and overhaul and repair services; and aircraft instrumentation, avionics, and a range of electrical accessories for civilian, military transport, regional/commuter and business/commercial jet, and turboprop aircraft. This segment also provides composite aircraft structures, and repair and support services. Air T, Inc. was incorporated in 1980 and is based in Denver, North Carolina.

AIRT Stock Price History

AIRT Stock News Headlines

Air T, Inc. (NASDAQ:AIRT) Short Interest Up 178.9% in March
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Company Calendar

Last Earnings
2/12/2024
Today
3/27/2024
Fiscal Year End
3/31/2024
Next Earnings (Estimated)
6/25/2024

Industry, Sector and Symbol

Industry
Air courier services
Sub-Industry
N/A
Current Symbol
NASDAQ:AIRT
Employees
584
Year Founded
N/A

Profitability

Net Income
$-12,300,000.00
Pretax Margin
-4.05%

Debt

Sales & Book Value

Annual Sales
$247.32 million
Book Value
$4.60 per share

Miscellaneous

Free Float
954,000
Market Cap
$59.25 million
Optionable
Not Optionable
Beta
0.73
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Key Executives

  • Mr. Nicholas John SwensonMr. Nicholas John Swenson (Age 55)
    Chairman, President & CEO
    Comp: $50k
  • Mr. Brian Ochocki (Age 56)
    CFO & Treasurer
    Comp: $343k
  • Tracy Kennedy
    Chief Accounting Officer
  • Mr. Mitch Pothen
    Vice President of Technology
  • Mr. Mark R. Jundt (Age 44)
    Secretary & General Counsel
  • Ms. Katrina Marie-Kramer Philp (Age 38)
    Chief of Staff
  • Mr. Sebastian Lourier
    Principal & CEO of Crestone Air Partners
  • Mr. Michael Moore
    Chief Executive Officer of Global Ground Support LLC
  • Mr. Mark Harris
    CEO of Worthington Aviation, Inc. and AirCo Group
  • Mr. Michael Bandalan
    CEO of Mountain Air Cargo, Inc., & CSA Air, Inc.

AIRT Stock Analysis - Frequently Asked Questions

How have AIRT shares performed in 2024?

Air T's stock was trading at $16.90 at the beginning of 2024. Since then, AIRT stock has increased by 24.3% and is now trading at $21.01.
View the best growth stocks for 2024 here
.

Are investors shorting Air T?

Air T saw a increase in short interest in March. As of March 15th, there was short interest totaling 10,600 shares, an increase of 178.9% from the February 29th total of 3,800 shares. Based on an average daily trading volume, of 6,500 shares, the short-interest ratio is presently 1.6 days. Currently, 0.8% of the company's stock are sold short.
View Air T's Short Interest
.

When is Air T's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, June 25th 2024.
View our AIRT earnings forecast
.

How were Air T's earnings last quarter?

Air T, Inc. (NASDAQ:AIRT) announced its quarterly earnings data on Monday, February, 12th. The transportation company reported ($1.06) EPS for the quarter. The transportation company earned $63.76 million during the quarter. Air T had a negative trailing twelve-month return on equity of 87.44% and a negative net margin of 4.91%.

What is Nick Swenson's approval rating as Air T's CEO?

9 employees have rated Air T Chief Executive Officer Nick Swenson on Glassdoor.com. Nick Swenson has an approval rating of 92% among the company's employees. This puts Nick Swenson in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Air T own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Air T investors own include Intelsat (I), Bank of America (BAC), Fossil Group (FOSL), Associated British Foods (ABF), Chaarat Gold (CGH), AMC Entertainment (AMC), Apollo Global Management (APO), Ciena (CIEN), First Data (FDC) and Air Canada (AC).

Who are Air T's major shareholders?

Air T's stock is owned by a number of institutional and retail investors. Top institutional investors include UBS Group AG (0.50%). Insiders that own company stock include Nicholas John Swenson and Raymond E Cabillot.
View institutional ownership trends
.

How do I buy shares of Air T?

Shares of AIRT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:AIRT) was last updated on 3/28/2024 by MarketBeat.com Staff

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