Air Industries Group (AIRI)

NYSEAMERICAN: AIRI · IEX Real-Time Price · USD
0.700
-0.005 (-0.71%)
Aug 19, 2022 3:57 PM EDT - Market closed
-0.71%
Market Cap 22.57M
Revenue (ttm) 57.29M
Net Income (ttm) 1.75M
Shares Out 32.25M
EPS (ttm) 0.05
PE Ratio 14.00
Forward PE 14.45
Dividend n/a
Ex-Dividend Date n/a
Volume 38,514
Open 0.705
Previous Close 0.705
Day's Range 0.695 - 0.705
52-Week Range 0.640 - 1.340
Beta 0.77
Analysts Buy
Price Target 1.84 (+162.9%)
Earnings Date Aug 8, 2022

About AIRI

Air Industries Group, an aerospace and defense company, designs, manufactures, and sells structural parts and assemblies for mission-critical aerospace and defense applications, and a prime contractor to the U.S. Department of Defense in the United States. The company operates through two segments, Complex Machining and Turbine and Engine Component. The Complex Machining segment offers aircraft landing and arresting gears, engine mounts, flight controls, throttle quadrants, and other components. Its products are deployed on a range of military ... [Read more...]

Industry Aerospace & Defense
Founded 1979
CEO Luciano Melluzzo
Employees 197
Stock Exchange NYSEAMERICAN
Ticker Symbol AIRI
Full Company Profile

Financial Performance

In 2021, AIRI's revenue was $58.94 million, an increase of 17.65% compared to the previous year's $50.10 million. Earnings were $1.63 million, an increase of 48.45%.

Financial Statements

Analyst Forecast

According to 7 analysts, the average rating for AIRI stock is "Buy." The 12-month stock price forecast is 1.84, which is an increase of 162.86% from the latest price.

Price Target
$1.84
(162.86% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Air Industries Group to Present at Sidoti Micro-Cap Virtual Investor Conference on August 17th

BAY SHORE, N.Y.--(BUSINESS WIRE)---- $airi--Air Industries Group (NYSE American: AIRI), an integrated Tier 1 manufacturer of precision assemblies and components for mission-critical aerospace and defens...

Air Industries Group Announces Financial Results for the Three and Six Months Ended June 30, 2022

BAY SHORE, N.Y.--(BUSINESS WIRE)---- $airi--Air Industries Group (NYSE American: AIRI), an integrated Tier 1 manufacturer of precision assemblies and components for mission-critical aerospace and defens...

Air Industries Group Earnings Release and Investor Conference Call

BAY SHORE, N.Y.--(BUSINESS WIRE)---- $airi--Air Industries Group (NYSE AMEX: AIRI): Air Industries Group will release its financial results for the three and six months ended June 30, 2022, at approxima...

Air Industries Group Announces Closing on Expansion of Term Loan and a New Capital Expenditure Line of Credit from We...

BAY SHORE, N.Y.--(BUSINESS WIRE)--Air Industries Group (NYSE American: AIRI), an integrated Tier 1 manufacturer of precision assemblies and components for mission-critical aerospace and defense applicat...

Air Industries Group Announces Financial Results for the Three Months Ended March 31, 2022

BAY SHORE, N.Y.--(BUSINESS WIRE)--Air Industries Group (NYSE American: AIRI), an integrated Tier 1 manufacturer of precision assemblies and components for mission-critical aerospace and defense applicat...

Air Industries Group Wins Two Long-Term Agreements for Flight Critical Components for Blackhawk Helicopters With Comb...

BAY SHORE, N.Y.--(BUSINESS WIRE)--Air Industries Group (NYSE American: AIRI), an integrated Tier 1 manufacturer of precision assemblies and components for mission-critical aerospace and defense applicat...

Air Industries Group to Present at Taglich Brothers 18th Annual Investment Conference on May 2nd

BAY SHORE, N.Y.--(BUSINESS WIRE)--Air Industries Group (NYSE American: AIRI), an integrated Tier 1 manufacturer of precision assemblies and components for mission-critical aerospace and defense applicat...

Air Industries Group Launches New Corporate Website

BAY SHORE, N.Y.--(BUSINESS WIRE)--Air Industries Group (NYSE American: AIRI), an integrated Tier 1 manufacturer of precision assemblies and components for mission-critical aerospace and defense applicat...

Air Industries Group Announces Significantly Improved Financial Results for the Three and Twelve Months Ended Decembe...

BAY SHORE, N.Y.--(BUSINESS WIRE)--Air Industries Group (NYSE American: AIRI), an integrated Tier 1 manufacturer of precision assemblies and components for mission-critical aerospace and defense applicat...

Air Industries Group to Release Financial Results on March 7, 2022

BAY SHORE, N.Y.--(BUSINESS WIRE)--Air Industries Group (NYSE American: AIRI), an integrated Tier 1 manufacturer of precision assemblies and components for mission-critical aerospace and defense applicat...

Air Industries Group to Present at 2nd Annual Winter Wonderland Best Ideas Investor Conference on Wednesday, February...

BAY SHORE, N.Y.--(BUSINESS WIRE)--Air Industries Group (NYSE American: AIRI), an integrated Tier 1 manufacturer of precision assemblies and components for mission-critical aerospace and defense applicat...

Air Industries Pockets $12.4M Order From US Navy

Air Industries Group (NYSE: AIRI) subsidiary, Air Industries Machining Corp., has secured a contract to produce complete Main and Nose landing gear and ancillary components for the U.S. Navy's E-2D Adva...

Air Industries Group Receives $12.4 Million Order for Complete Landing Gear for the US Navy, E-2D Advanced Hawkeye, A...

BAY SHORE, N.Y.--(BUSINESS WIRE)--Air Industries Group (NYSE American: AIRI), an integrated Tier 1 manufacturer of precision assemblies and components for mission-critical aerospace and defense applicat...

Air Industries Group Wins Long-Term Agreement for Flight Critical Components for Blackhawk Helicopters with Estimated...

BAY SHORE, N.Y.--(BUSINESS WIRE)--Air Industries Group (NYSE American: AIRI), an integrated Tier 1 manufacturer of precision assemblies and components for mission-critical aerospace and defense applicat...

Air Industries Group Receives Order for Landing Gear Components for the US Air Force B1-B Bomber

BAY SHORE, N.Y.--(BUSINESS WIRE)--Air Industries Group (NYSE American: AIRI), an integrated Tier 1 manufacturer of precision assemblies and components for mission-critical aerospace and defense applicat...

Air Industries Group Wins Two Long-Term Agreements for Flight Critical Components for Blackhawk Helicopters with Comb...

BAY SHORE, N.Y.--(BUSINESS WIRE)--Air Industries Group (NYSE American: AIRI), an integrated Tier 1 manufacturer of precision assemblies and components for mission-critical aerospace and defense applicat...

Air Industries Secures Contract Extension For PW-4000 Jet Turbine Exhaust Cases

Air Industries Group's (NYSE: AIRI) Sterling Engineering subsidiary has secured a "Life of the Program Extension" of a Long-Term Agreement to deliver Turbine Exhaust Case (TEC) components for the PW-400...

Air Industries Group Announces New $6.0+ Million, Life of the Program, Long-Term Agreement for PW-4000 Jet Turbine Ex...

BAY SHORE, N.Y.--(BUSINESS WIRE)--Air Industries Group (NYSE American: AIRI): Air Industries Group (“Air Industries” or the “Company”), an integrated manufacturer of precision assemblies and components ...

Air Industries Group Announces Expansion and Extension of Credit Facility

BAY SHORE, N.Y.--(BUSINESS WIRE)--Air Industries Group (NYSE AMEX: AIRI): Air Industries Group (“Air Industries” or the “Company”), an integrated manufacturer of precision assemblies and components for ...

Air Industries Group Reports Significantly Improved Financial Results for Both the Three and Nine Months Ended Septem...

BAY SHORE, N.Y.--(BUSINESS WIRE)--Air Industries Group (NYSE AMEX: AIRI): Air Industries Group, an integrated manufacturer of precision equipment assemblies and components for leading aerospace and defe...

Air Industries Group Announces New $5.2 Million, Long-Term Agreement for the CH-53K Heavy Lift Helicopter

BAY SHORE, N.Y.--(BUSINESS WIRE)--Air Industries Group (NYSE AMEX: AIRI): Air Industries Group (“Air Industries” or the “Company”), an integrated manufacturer of precision assemblies and components for ...

Air Industries Group Reports 82.4% Second Quarter Revenue Growth

BAY SHORE, N.Y.--(BUSINESS WIRE)--Air Industries Group (NYSE AMEX: AIRI): Air Industries Group, an integrated manufacturer of precision equipment assemblies and components for leading aerospace and defe...

Air Industries Group Announces Long-Term Agreement for F-35 Landing Gear Components

BAY SHORE, N.Y.--(BUSINESS WIRE)--Air Industries Group (NYSE AMEX: AIRI): Air Industries Group (“Air Industries” or the “Company”), an integrated manufacturer of precision equipment assemblies and compo...

Air Industries Group Announces $7.4 Million Release for Commercial Jet Engine Components

BAY SHORE, N.Y.--(BUSINESS WIRE)--Air Industries Group (NYSE AMEX: AIRI): Air Industries Group (“Air Industries” or the “Company”), an integrated manufacturer of precision assemblies and components for ...

Air Industries Group Reschedules Conference Call to discuss Financial Results for Wednesday May 12, 2021

BAY SHORE, N.Y.--(BUSINESS WIRE)--Air Industries Group (NYSE AMEX: AIRI): The Company will host a conference call for investors on Wednesday May 12, 2021 at 4:30 PM Eastern. Investor Conference Call Con...