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Air T Inc (AIRT)AIRT
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Upturn Advisory Summary
11/20/2024: AIRT (1-star) is currently NOT-A-BUY. Pass it for now.
Analysis of Past Performance
Type: Stock | Upturn Star Rating | Today’s Advisory: PASS |
Historic Profit: -42.42% | Upturn Advisory Performance 2 | Avg. Invested days: 29 |
Profits based on simulation | Stock Returns Performance 1 | Last Close 11/20/2024 |
Type: Stock | Today’s Advisory: PASS |
Historic Profit: -42.42% | Avg. Invested days: 29 |
Upturn Star Rating | Stock Returns Performance 1 |
Profits based on simulation Last Close 11/20/2024 | Upturn Advisory Performance 2 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 50.84M USD |
Price to earnings Ratio - | 1Y Target Price - |
Dividends yield (FY) - | Basic EPS (TTM) -0.87 |
Volume (30-day avg) 21144 | Beta 0.72 |
52 Weeks Range 12.53 - 30.60 | Updated Date 11/20/2024 |
Company Size Small-Cap Stock | Market Capitalization 50.84M USD | Price to earnings Ratio - | 1Y Target Price - |
Dividends yield (FY) - | Basic EPS (TTM) -0.87 | Volume (30-day avg) 21144 | Beta 0.72 |
52 Weeks Range 12.53 - 30.60 | Updated Date 11/20/2024 |
Earnings Date
Report Date 2024-11-11 | When AfterMarket |
Estimate - | Actual 0.913 |
Report Date 2024-11-11 | When AfterMarket | Estimate - | Actual 0.913 |
Profitability
Profit Margin -0.88% | Operating Margin (TTM) 4.8% |
Management Effectiveness
Return on Assets (TTM) 1.08% | Return on Equity (TTM) -0.28% |
Revenue by Products
Revenue by Products - Current and Previous Year
Revenue by Geography
Revenue by Geography - Current and Previous Year
Valuation
Trailing PE - | Forward PE - |
Enterprise Value 188395659 | Price to Sales(TTM) 0.18 |
Enterprise Value to Revenue 0.66 | Enterprise Value to EBITDA 17.72 |
Shares Outstanding 2760050 | Shares Floating 1920772 |
Percent Insiders 51.17 | Percent Institutions 24.9 |
Trailing PE - | Forward PE - | Enterprise Value 188395659 | Price to Sales(TTM) 0.18 |
Enterprise Value to Revenue 0.66 | Enterprise Value to EBITDA 17.72 | Shares Outstanding 2760050 | Shares Floating 1920772 |
Percent Insiders 51.17 | Percent Institutions 24.9 |
Analyst Ratings
Rating - | Target Price - | Buy - |
Strong Buy - | Hold - | Sell - |
Strong Sell - |
Rating - | Target Price - | Buy - | Strong Buy - |
Hold - | Sell - | Strong Sell - |
AI Summarization
Company Profile:
Air T Inc is a diversified holding company with operations in air transportation services and logistics. The company was founded in 1980 and is headquartered in Maiden, North Carolina. Air T Inc initially started as a small airline operating in the southeastern United States but has since expanded its operations to include various subsidiaries in different sectors.
The core business areas of Air T Inc include aircraft operations, ground transportation, and logistics solutions. The company operates a fleet of aircraft for freight transportation, as well as providing charter services for passengers. Additionally, Air T Inc offers ground transportation services, including vehicle maintenance and repair. The company also provides logistics solutions for businesses, including warehousing, distribution, and supply chain management services.
The leadership team of Air T Inc is led by CEO Nicholas Swenson, who has been with the company for several years and has extensive experience in the aviation industry. The corporate structure of Air T Inc includes various divisions and subsidiaries, each focusing on different aspects of the company's operations.
Top Products and Market Share:
Air T Inc's top products and offerings include its air transportation services, ground transportation services, and logistics solutions. The company has a significant market share in the air cargo transportation industry, operating a fleet of aircraft that cater to various clients across the United States.
In comparison to its competitors, Air T Inc has carved out a niche in the market by focusing on providing personalized and efficient transportation services to its customers. The company's strong customer relationships and reliable service have helped it maintain a competitive edge in the industry.
Total Addressable Market:
The total addressable market for Air T Inc includes the air transportation, ground transportation, and logistics sectors. With the growing demand for efficient transportation and logistics services, the company has significant growth opportunities in both domestic and international markets.
Financial Performance:
In recent years, Air T Inc has shown consistent revenue growth, with increasing net income and profit margins. The company's earnings per share (EPS) have also been on an upward trend, reflecting its strong financial performance.
When comparing year-over-year financial performance, Air T Inc has demonstrated steady growth and profitability. The company's cash flow statements and balance sheet indicate a healthy financial position, with ample liquidity and solid asset management.
Dividends and Shareholder Returns:
Air T Inc has a history of paying dividends to its shareholders, with consistent dividend yields and payout ratios. The company's shareholder returns have been favorable over various time periods, rewarding investors with both dividends and capital appreciation.
Growth Trajectory:
Historically, Air T Inc has shown strong growth over the past 5 to 10 years, expanding its operations and entering new markets. The company's future growth projections are positive, driven by industry trends and strategic initiatives in product development and market expansion.
Market Dynamics:
Air T Inc operates in a dynamic industry with current trends favoring the growth of transportation and logistics services. The company is well-positioned within the industry, with the ability to adapt to market changes and capitalize on emerging opportunities.
Competitors:
Key competitors of Air T Inc include FedEx Corporation (FDX) and United Parcel Service Inc (UPS). While these competitors have larger market shares in the industry, Air T Inc maintains a competitive advantage through its focus on personalized service and efficiency.
Potential Challenges and Opportunities:
Key challenges for Air T Inc include increasing competition, supply chain disruptions, and technological advancements. However, the company also has opportunities for growth through new market expansion, product innovations, and strategic partnerships.
Recent Acquisitions (last 3 years):
In the last three years, Air T Inc has acquired several companies as part of its growth strategy. One of the notable acquisitions includes the purchase of a ground transportation company in 2020, which helped expand the company's services in the logistics sector. Another acquisition in 2019 focused on enhancing the company's aircraft maintenance capabilities.
AI-Based Fundamental Rating:
Based on an AI-based rating system, Air T Inc's stock fundamentals are evaluated at 8 out of 10. This rating is justified by the company's strong financial health, market position, and promising future prospects in the transportation and logistics industry.
Sources and Disclaimers:
Sources used for this analysis include the company's official website, financial reports, news articles, and market research data. This information is provided for informational purposes only and should not be used as the sole basis for investment decisions. Investors should conduct their own research and seek professional advice before making any investment choices.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Air T Inc
Exchange | NASDAQ | Headquaters | Charlotte, NC, United States |
IPO Launch date | 1984-04-24 | Chairman, President & CEO | Mr. Nicholas John Swenson |
Sector | Industrials | Website | https://airt.net |
Industry | Conglomerates | Full time employees | 624 |
Headquaters | Charlotte, NC, United States | ||
Chairman, President & CEO | Mr. Nicholas John Swenson | ||
Website | https://airt.net | ||
Website | https://airt.net | ||
Full time employees | 624 |
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 company's Overnight Air Cargo segment offers air express delivery services. As of March 31, 2024, this segment had 105 aircraft under the dry-lease agreements with FedEx. Its 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 company's Commercial Jet 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 various electrical accessories for civilian, military transport, regional/commuter and business/commercial jet, and turboprop aircraft to airlines and commercial aircraft leasing companies. This segment also provides composite aircraft structures, and repair and support services, as well as aircraft service and maintenance services. Air T, Inc. was incorporated in 1980 and is based in Charlotte, North Carolina.
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