Air T stock: buy or sell?

AIRT stock price: $17.61 -7.32% At close on June 25th, 2019

Updated on:
June 25th, 2019

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After boosting an amazing 5.42% on Thursday, Air T closed yesterday at $17.61 and plunged a bloodcurdling -7.32%.

Air T, Inc., together with its subsidiaries, provides overnight air cargo, ground equipment sale, and ground support services in the United States and internationally.

Should I buy Air T stock?

Even if you are a experienced or a novel trader, best trading results come from using an investing strategy that never leaves to random or subjective opinions when is the best moment to buy or sell stocks. Following a trading strategy helps to make decisions easier, quicker and with less hesitations. There are thousands of trading strategies for you to choose, but at Stocks2.com we prefer those that are simple but successful.

Currently, Air T stock doesn't match any of these trading strategies, so our recommendation is not to buy.

Buy setupElegible
New all-time highNo
New 52 week highNo
Price crossing up 200d MANo
100d MA crossing up 200d MANo
This doesn't mean AIRT will fall in coming sessions, or it will not rise higher. Simply, it doesn't match our recommended trading systems.

Is Air T stock a buy?

Everyday, hundreds of stock ratings are published by financial analysts to indicate a particular stock's attractiveness. Unfortunately, we couldn't detect any rating for AIRT stock for the last 30 days.

Air T stock analysis

Daily outlook

After boosting an amazing 5.42% on Thursday, Air T closed yesterday at $17.61 and plunged a bloodcurdling -7.32%.

After boosting an amazing 5.42% on Thursday, Air T closed yesterday at $17.61 and plunged a bloodcurdling -7.32%. Since last March when AIRT stock price broke down the SMA200d line, it slid $-4.64 per share (-20.85%).

AIRT stock chart (daily)

Weekly outlook

After boosting a dazzling 10.47% in a week last week, Air T closed this week at $17.61 and collapsed a spooky -7.32%.

Since early March, when AIRT stock price broke down the 40-weeks moving avarage line, it slid $-4.02 per share (-18.59%). Trading stocks that are under the 40-weeks (that is, 200-days) moving average line is not recommended by many experts, as it indicates that the stock has not enough institutional support. Far behind is the all-time high Air T marked by mid October 2018 and since then the price is -40.37% below that top.

AIRT stock chart (weekly)

Air T stock price history

Air T stock went public on April 24th, 1984 with a price of $1.681. Since then, AIRT stock grew a 948.20%, with an average of 27.10% per year. If you had invested right after AIRT's IPO a $1,000 in Air T stock in 1984, it would worth $9,482.00 today.

1: Adjusted price after possible price splits or reverse-splits.

Air T stock historical price chart

AIRT stock reached all-time highs on October with a price of $29.53.

Air T stock price target

How much a stock will be priced tomorrow or next week is quite unpredictable However, banks and other financial institutions analysts, with the help of lots of data and algorithms do their best to predict the stock prices movement. You should not follow the analysts' AIRT stock price predictions in the hope that they will be met as they may be wrong and not met. For the last 30 days we have not found any price forecast for Air T stock by any trusted analyst.

Financials and fundamental analysis

Earnings date and Earnings per Share

Since February, when Air T posted its last earnings report, it dropped a fatal -9.37%. As soon as we get its actual EPS from the earnings report, we will extend this report.
AIRT earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2017-Q1-n/a0.52n/a
2017-Q2-n/a0.57n/a
2017-Q3-n/a0.03n/a
2017-Q4-n/a-0.01n/a
2018-Q12018-06-29n/a0.76n/a
2018-Q22018-08-14n/a1.38n/a
2018-Q32018-11-13n/a-0.65n/a
2018-Q42019-02-14n/a-0.35n/a
2019-Q1-n/an/an/a
2019-Q2-n/an/an/a

Annual financial results

In 2018, Air T annual turnover skyrocketed a dazzling 31.01% to $194.52 M dollars from $148.47 marked in 2017. When comparing 2018 vs 2017, however, profit margin (that is, the net income divided by revenues) gained a 3.34% to 1.17%.

To have an updated view of the financial situation of Air T, we have calculated the trailing twelve month (TTM) sales and income figures. TTM values are the sum of the last 4 quarters and aproximate to an annual fiscal report ending in 2018-Q4 that can be compared to 2018 fiscal year results. Annual Air T TTM sales up to December 2018 were $227.29 and earnings were $0.35 M USD. If we compare this TTM figures with the last reported annuality, we can esteem Air T business evolution since March 2018: Annual sales up to December, compared to lastest yearly report, climbed an outstanding 16.85%. By contrast, profit margin (net income/sales) decreased at 1.17%.

AIRT annual Sales and Income evolution
YearSalesYoYIncome/(margin)YoY
2013$103 M-$1.67 M1.6%-
2014$101 M-2.22%$1.47 M1.5%-11.98%
2015$112 M11.32%$2.48 M2.2%68.97%
2016$148 M32.12%$4.94 M3.3%99.00%
2017$148 M0.18%$-3.21 M-2.2%-165.01%
2018$195 M31.01%$2.28 M1.2%-170.86%
TTM $227 M16.85%$0.35 M0.2%-84.56%

Quarterly financial results

Air T reported $63.62 million in sales for 2018-Q4, a 28.95% improvement compared to previous quarter. Reported quarter income marked $-2.71 M with a profit margin of -4.27%. Profit margin declined a -1.59% compared to previous quarter when profit margin was -2.68%. When comparing turnover to same quarter last year, Air T sales marked an exceptional gain and rocketed a 42.97%.
AIRT quarterly Sales and Income evolution
QuarterSales1QoQ2Income1/(margin)QoQ2
2017-Q1$44 M-$0.23 M0.5%-
2017-Q2$48 M9.18%$0.97 M2.0%314.21%
2017-Q3$49 M2.44%$0.42 M0.9%-56.45%
2017-Q4$45 M-8.92%$-0.67 M-1.5%-259.34%
2018-Q1$53 M20.13%$1.56 M2.9%-332.01%
2018-Q2$61 M13.86%$2.83 M4.6%81.45%
2018-Q3$49 M-18.94%$-1.32 M-2.7%-146.71%
2018-Q4$64 M28.95%$-2.71 M-4.3%105.49%

Air T ownership

When you are planning to invest in a stock, it's worth to review its ownership structure.

Air T shares owned by insiders (that is, founders, CEO, CTO, main executives or other management staff) currently counts a 42.04% of all shares.

In case of Air T stock, 29.51% of its shares are held by institutions (mutual funds, pension funds, big banks and other large financial institutions). Bearish positions for AIRT stock account 0.00%, no big difference from last month.

The following table compares ownership indicators for other stocks related to Air T:

AIRTATSGFDXSINOUPS
Market cap$35.6 M$1.4 B$41.7 B$11.1 M$69.7 B
Total shares2.0 M58.9 M260.6 M15.6 M697.5 M
Float shares1.3 M57.1 M240.3 M10.6 M697.5 M
  - Institutional holdings (%)29.5%92.0%72.8%0.9%69.9%
  - Insider holdings (%)42.0%2.6%5.9%33.1%0.0%
Shares in short selling0.0%0.0%0.0%0.0%0.0%

Air T summary

Tuesday, June 25th, 2019
Open$17.49
Close$17.61
Day range$17.07 - $17.98
Previous close$19.00
Session gain-7.32%
Average true range$1.62
50d mov avg$19.44
100d mov avg$19.80
200d mov avg$21.33
Daily pattern
Weekly pattern

Air T performance

Stocks performance is always measured in comparision to the market or competitors and related stocks in the same industry. For Air T, the comparison is made against Air Transport Services, FedEx, Sino-Global Shipping America and United Parcel Service.
Stock3m6m12m
AIRTAir T-13.72%-1.01%-22.90%
ATSGAir Transport Ser...-0.43%4.94%1.59%
FDXFedEx-11.50%1.36%-28.63%
SINOSino-Global Shipp...-20.22%-7.79%-40.34%
UPSUnited Parcel Ser...-9.69%5.45%-2.65%

Air T competitors

One check before investing in any stock is to review a list of its competitors, in this case for Air T. We chose 4 companies as Air T competitors as they are in the same industry or have similar market objectives.