Air Industries Group

Air Industries Group Stock Forecast & Price Prediction

Live Air Industries Group Stock (AIRI) Price
$4.65

1

Ratings

  • Buy 1
  • Hold 0
  • Sell 0
Disclaimer : Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance. This information is for educational purposes only and should not be construed as advice to buy or sell any security.

Stock Price

$4.65

P/E Ratio

8.24

Volume Traded Today

$38,700

Dividend

$0.15

52 Week High/low

9.44/2.90

Air Industries Group Market Cap

$15.6M

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AIRI Summary

The Air Industries Group (AIRI) share price is expected to increase by 115.05% over the next year. This is based on calculating the average 12-month share price estimate provided by 1 stock analysts who have covered AIRI. Price targets range from $10 at the low end to $10 at the high end. The current analyst consensus for AIRI is a buy. Please note analyst price targets are not guaranteed and could be missed completely.

AIRI Analyst Ratings

Air Industries Group has a total of 1 Wall St Analyst ratings. There are 1 buy ratings, 0 ratings, and 0 sell ratings. Since most analysts have a buy consensus rating, the expectation is that Air Industries Group will outperform the market. Investors shouldn't rely purely on analyst ratings; we encourage investors to also take a look at the fundamental and technical analysis in their due diligence.

AIRI stock forecast by analyst

These are the latest 20 analyst ratings of AIRI.

Analyst/Firm

Rating

Price Target

Change

Date


Roth Capital

Buy

$1.75

Initiates

Aug 31, 2017

AIRI Company Information

What They Do: Manufactures precision components for aerospace and defense.

Business Model: The company designs and produces a wide range of precision components and assemblies, primarily for the defense and commercial aerospace industries. Its revenue is generated through the sale of proprietary products, including actuators, landing gears, and flight control systems, which cater to the needs of aircraft and complex machines.

Other Information: Founded in 1941 and headquartered in Bay Shore, New York, Air Industries Group has a long-standing history in the aerospace sector, positioning itself as a reliable supplier. The company's extensive product offerings and specialized manufacturing capabilities make it a critical player in the aerospace supply chain.
AIRI
Air Industries Group (AIRI)

When did it IPO

2000

Staff Count

180

Country

United States

Sector/Industry

Industrials/Aerospace & Defense

CEO

Mr. Luciano M. Melluzzo

Market Cap

$15.6M

Air Industries Group (AIRI) Financial Data

In 2023, AIRI generated $51.5M in revenue, which was a increase of 0.00% from the previous year. This can be seen as a signal that AIRI's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.

Revenue From 2020

N/A

Revenue From 2021

N/A

0.00 %
From Previous Year

Revenue From 2022

N/A

0.00 %
From Previous Year

Revenue From 2023

$51.5M

0.00 %
From Previous Year
  • Revenue TTM $53.4M
  • Operating Margin TTM 5.5%
  • Gross profit TTM $7.4M
  • Return on assets TTM 0.3%
  • Return on equity TTM -9.8%
  • Profit Margin -2.9%
  • Book Value Per Share 4.60%
  • Market capitalisation $15.6M
  • Revenue for 2021 N/A
  • Revenue for 2022 N/A
  • Revenue for 2023 $51.5M
  • EPS this year (TTM) $-0.18

Air Industries Group (AIRI) Latest News

News Image

Thu, 14 Nov 2024

Sentiment - NEUTRAL

Source - Seeking Alpha

Summary - Air Industries Group (NYSE:AIRI) will host its Q3 2024 earnings conference call on November 14, 2024, at 4:30 PM ET, featuring CEO Lou Melluzzo and CFO Scott Glassman.

Why It Matters - The Q3 earnings call will provide insights into Air Industries Group's financial performance and strategic direction, influencing investor sentiment and stock valuation.

News Image

Wed, 13 Nov 2024

Sentiment - NEUTRAL

Source - Business Wire

Summary - Air Industries Group (NYSE American: AIRI) will release its Q3 and nine-month financial results on November 14, 2024, at 7:00 AM ET, followed by a conference call at 4:30 PM ET.

Why It Matters - Air Industries' upcoming financial results and earnings call could signal shifts in performance and profitability, impacting stock valuation and investor sentiment in the aerospace and defense sector.

News Image

Thu, 14 Nov 2024

Sentiment - NEUTRAL

Source - Business Wire

Summary - Air Industries Group (NYSE: AIRI) reported a 2.1% revenue increase and a $713,000 rise in gross profit for Q3 2024 compared to Q3 2023, along with a business outlook update.

Why It Matters - Air Industries' revenue and gross profit growth indicates improved operational efficiency and demand, signaling potential for higher future returns and stability in the aerospace and defense sector.

News Image

Thu, 14 Nov 2024

Sentiment - NEGATIVE

Source - Zacks Investment Research

Summary - Air Industries (AIRI) reported a quarterly loss of $0.12 per share, worse than the expected loss of $0.02, but an improvement from a loss of $0.40 per share a year earlier.

Why It Matters - Air Industries' larger-than-expected quarterly loss may signal ongoing financial struggles, impacting investor confidence and stock performance amid year-over-year improvement.

News Image

Fri, 08 Nov 2024

Sentiment - NEUTRAL

Source - Zacks Investment Research

Summary - Air Industries (AIRI) closed at $5.81, reflecting a decrease of 1.69% from the previous trading day.

Why It Matters - AIRI's decline of 1.69% could indicate weakening investor confidence or market sentiment, potentially affecting future stock performance and investment decisions.

News Image

Wed, 30 Oct 2024

Sentiment - NEGATIVE

Source - Zacks Investment Research

Summary - Air Industries (AIRI) closed at $5.75, reflecting a decrease of 0.35% from the previous day's closing price.

Why It Matters - AIRI's slight decline indicates potential weakness in investor sentiment, which may affect trading strategies and overall market perception of the company's performance.

...

AIRI Frequently asked questions

The highest forecasted price for AIRI is $10 from at .

The lowest forecasted price for AIRI is $10 from from

The AIRI analyst ratings consensus are 1 buy ratings, 0 hold ratings, and 0 sell ratings.