Air T stock: buy or sell?

AIRT stock price: $14.76 9.09% At close on September 20th, 2019

Updated on:
September 20th, 2019

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After sliding for 4 days, Friday Air T rocketed an astounding 9.09%, closing at $14.76. On Monday AIRT collapsed a spooky -17.10%. Friday session broke a read streak of 4 days in a row.

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. That's why is so important to choose your own trading plan that matches with your character as inversor. There are thousands of trading strategies for you to choose, but at Stocks2.com we prefer those that are simple but successful.

None of our preferred buy setups matches with Air T stock situation right now, therefore this is not a suitable entry point.

Buy setupElegible
New all-time highNo
New 52 week highNo
Price crossing up 200d MANo
100d MA crossing up 200d MANo
This is not a selling recommendation at all, just it's not the best moment to buy if you follow any of these trading strategies.

Is Air T stock a buy?

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

Air T stock analysis

Daily outlook

After sliding for 4 days, Friday Air T rocketed an astounding 9.09%, closing at $14.76.

After sliding for 4 days, Friday Air T rocketed an astounding 9.09%, closing at $14.76. Since price and SMA200d lines crossed down on March, AIRT fell $-7.49 per share (-33.66%).

AIRT stock chart (daily)

Weekly outlook

Air T shares plunged -13.43% this week, ending at $14.76.

Since early March, when AIRT stock price broke down the 40-weeks moving avarage line, it slid $-6.87 per share (-31.76%). Trading stocks that are below 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 hit by mid October 2018 and since then the price is -50.02% 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 surged a 778.60%, with an average of 22.20% per year. If you had invested right after AIRT's IPO a $1,000 in Air T stock in 1984, it would worth $7,786.00 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

Nobody can reliably foresee how stock prices may evolve in the future. However, many stock price predictions are published every day by banks, financial institutions and independent analysts. 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 presented its last earnings report, it plummed a scary -24.03%. As soon as we get its actual EPS from the earnings report, we will update 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 revenues climbed an outstanding 31.01% to $194.52 million USD from $148.47 marked in 2017. Nonetheless, its profit margin (compared to revenues) raised to 1.17%, that is $2.28 million.

Air T fiscal year ends in March, and to evaluate its evolution since then, we estimate annual sales and income figures by adding results from the last 4 quarters. This is called TTM (or Twelve Trailing Months). So, Air T TTM sales up to December 2018 were $227.29 and income $0.35 M dollars. If we compare this TTM figures with the last reported annuality, we can review Air T business evolution since March 2018: Annual sales up to December, compared to lastest yearly report, boosted an extraordinary 16.85%. Regarding profit margin, Air T decreased -1.02% to 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 posted $63.62 million in revenues for 2018-Q4, a 28.95% improvement compared to previous quarter. Reported quarter earnings marked $-2.71 M with a profit margin of -4.27%. Profit margin slightly fell a -1.59% compared to previous quarter when profit margin was -2.68%. When comparing sales to same quarter last year, Air T sales marked a dazzling gain and skyrocketed 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 company, it's always worth to have a look its ownership structure.

Management staff in all public traded companies that hold equity is required to report every transaction to the SEC. For Air T, 42.04% of all outstanding shares are owned by its staff.

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.

For a better context understanding, the following table shows ownership data compared to other related stocks:

AIRTATSGFDXSINOUPS
Market cap$44.7 M$1.3 B$38.8 B$11.4 M$84.3 B
Total shares3.0 M59.4 M260.9 M15.6 M698.3 M
Float shares1.2 M57.1 M240.4 M10.6 M697.8 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

Friday, September 20th, 2019
Open$13.49
Close$14.76
Day range$13.49 - $14.76
Previous close$13.53
Session gain9.09%
Average true range$1.28
50d mov avg$17.42
100d mov avg$18.59
200d mov avg$20.29
Daily pattern
Weekly pattern

Air T performance

Performance as an absolute value is never valid if it's not benchmarked against competitors or related stocks in the industry. For Air T, the comparison is made against Air Transport Services, FedEx, Sino-Global Shipping America and United Parcel Service.
Stock3m6m12m
AIRTAir T-22.32%-28.59%-33.51%
ATSGAir Transport Ser...-6.33%2.74%-1.41%
FDXFedEx-9.67%-13.82%-38.96%
SINOSino-Global Shipp...0.00%-21.51%-33.64%
UPSUnited Parcel Ser...19.11%14.44%5.46%

Air T competitors

We picked a few stocks to conform a list of Air T competitors to review if you are interested in investing in AIRT: