Airgain Earnings Estimate

AIRG
 Stock
  

USD 7.96  0.07  0.87%   

Many public companies, such as Airgain, manage the perception of their earnings on a regular basis to make sure that analyst estimates are accurate. Future earnings calculations are also an essential input when attempting to value a firm. By analyzing Airgain's earnings estimates, investors can diagnose different trends across Airgain's analyst sentiment over time as well as compare current estimates against different timeframes.
Airgain is projected to generate -0.63 in earnings per share on the 31st of December 2021. Airgain earnings estimates module stress-tests analyst consensus about projected Airgain EPS (Earning Per Share) to derive its highest and lowest estimates based on its historical volatility. Please continue to Trending Equities.
  
The current year Gross Profit is expected to grow to about 24.9 M, whereas Profit Margin is forecasted to decline to (16.11) .

Airgain Earnings Estimation Breakdown

Calculation of earning per share of Airgain is based on official Zacks consensus of 2 analysts regarding Airgain future annual earnings. Given the historical accuracy of 58.33%, the future earnings per share of Airgain is estimated to be -0.63 with the lowest and highest values of -0.64 and -0.61, respectively. Please note that this consensus of annual earnings estimates for Airgain is an estimate of EPS before non-recurring items and including employee stock options expenses
  Current EPS -0.34
-0.64
Lowest
Expected EPS -0.63
-0.61
Highest

Airgain Earnings Projection Consensus

Suppose the current estimates of Airgain's value are higher than the current market price of the Airgain stock. In this case, investors may conclude that Airgain is overpriced and will exhibit bullish sentiment. On the other hand, if the present value is lower than the stock price, analysts may conclude that the market undervalues the equity. These scenarios may suggest that the market is not as efficient as it should be at the estimation time, and Airgain's stock will quickly adjusts to the new information provided by the consensus estimate.
Number of AnalystsHistorical AccuracyCurrent EPSEPS Estimate for 31st of December 2021

2

58.33%

-0.34

-0.63

Airgain Earnings per Share Projection vs Actual

Actual Earning per Share of Airgain refers to what the company shows during its earnings calls or quarterly reports. The Expected EPS is what analysts covering Airgain predict the company's earnings will be in the future. The higher the earnings per share of Airgain, the better is its profitability. While calculating the Earning per Share, we use the weighted ratio, as the number of shares outstanding can change over time.

Airgain Estimated Earnings per Share

For an investor who is primarily interested in generating an income out of investing in entities such as Airgain, the EPS ratio can tell if the company is intending to increase its current dividend. Although EPS is an essential tool for investors, it should not be used in isolation. EPS of Airgain should always be considered in relation to other companies to make a more educated investment decision.

Airgain Quarterly Analyst Estimates and Surprise Metrics

Earnings surprises can significantly impact Airgain's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2022-11-10
2022-09-300.0440.060.01636 
2022-08-11
2022-06-300.010.030.02200 
2022-05-10
2022-03-31-0.11-0.040.0763 
2022-02-24
2021-12-31-0.22-0.23-0.01
2021-11-09
2021-09-30-0.05-0.11-0.06120 
2021-08-10
2021-06-300.040.060.0250 
2021-05-06
2021-03-310.030.030
2021-02-18
2020-12-310.030.02-0.0133 
2020-11-05
2020-09-300.060.060
2020-08-06
2020-06-30-0.080.020.1125 
2020-05-07
2020-03-31-0.1-0.050.0550 
2020-02-20
2019-12-310.040.070.0375 
2019-11-07
2019-09-300.010.050.04400 
2019-08-08
2019-06-300.060.120.06100 
2019-05-09
2019-03-310.040.090.05125 
2019-02-14
2018-12-310.080.170.09112 
2018-11-01
2018-09-300.040.090.05125 
2018-08-09
2018-06-30-0.050.020.07140 
2018-05-03
2018-03-31-0.06-0.07-0.0116 
2018-02-15
2017-12-310.050.10.05100 
2017-11-09
2017-09-300.060.05-0.0116 
2017-08-07
2017-06-300.060.10.0466 
2017-05-03
2017-03-310.0150.060.045300 
2017-02-16
2016-12-310.110.120.01
2016-11-10
2016-09-30-0.010.160.171700 
2016-08-12
2016-06-300.220.15-0.0731 

About Airgain Earnings Estimate

The earnings estimate module is a useful tool to check what professional financial analysts are assuming about the future of Airgain earnings. We show available consensus EPS estimates for the upcoming years and quarters. Investors can also examine how these consensus opinions have evolved historically. We show current Airgain estimates, future projections, as well as estimates 1, 2, and three years ago. Investors can search for a specific entity to conduct investment planning and build diversified portfolios. Please note, earnings estimates provided by Macroaxis are the average expectations of expert analysts that we track. If a given stock such as Airgain fails to match professional earnings estimates, it usually performs purely. Wall Street refers to that as a 'negative surprise.' If a company 'beats' future estimates, it's usually called an 'upside surprise.'
Please read more on our stock advisor page.

Airgain Investors Sentiment

The influence of Airgain's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Airgain. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.
Investor biases related to Airgain's public news can be used to forecast risks associated with investment in Airgain. The trend in average sentiment can be used to explain how an investor holding Airgain can time the market purely based on public headlines and social activities around Airgain. Please note that most equiteis that are difficult to arbitrage are affected by market sentiment the most.
Airgain's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Airgain's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Airgain's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Airgain.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Airgain in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Airgain's short interest history, or implied volatility extrapolated from Airgain options trading.

Pair Trading with Airgain

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Airgain position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Airgain will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Airgain could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Airgain when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Airgain - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Airgain to buy it.
The correlation of Airgain is a statistical measure of how it moves in relation to other equities. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Airgain moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Airgain moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Airgain can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Please continue to Trending Equities. You can also try Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.

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Is Airgain's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Airgain. If investors know Airgain will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Airgain listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
(1.00) 
Market Capitalization
82.1 M
Quarterly Revenue Growth YOY
0.24
Return On Assets
(0.1) 
Return On Equity
(0.22) 
The market value of Airgain is measured differently than its book value, which is the value of Airgain that is recorded on the company's balance sheet. Investors also form their own opinion of Airgain's value that differs from its market value or its book value, called intrinsic value, which is Airgain's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Airgain's market value can be influenced by many factors that don't directly affect Airgain's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Airgain's value and its price as these two are different measures arrived at by different means. Investors typically determine Airgain value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Airgain's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.