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1 Comment
Air T, Inc is currently in a long term uptrend where the price is trading 19.5% above its 200 day moving average.
From a valuation standpoint, the stock is 99.2% cheaper than other stocks from the Industrials sector with a price to sales ratio of 0.4.
Air T, Inc's total revenue sank by 23.8% to $56M since the same quarter in the previous year.
Its net income has increased by 587.9% to $2M since the same quarter in the previous year.
Finally, its free cash flow grew by 91.6% to $-3M since the same quarter in the previous year.
Based on the above factors, Air T, Inc gets an overall score of 4/5.
Exchange | NASDAQ |
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CurrencyCode | USD |
ISIN | US0092071010 |
Sector | Industrials |
Industry | Conglomerates |
PE Ratio | None |
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Target Price | None |
Beta | 0.61 |
Market Cap | 49M |
Dividend Yield | None |
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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