Air Industries Earnings Estimate

AIRI
 Stock
  

USD 0.72  0.01  1.41%   

Many public companies, such as Air Industries, 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 Air Industries' earnings estimates, investors can diagnose different trends across Air Industries' analyst sentiment over time as well as compare current estimates against different timeframes.
Air Industries is projected to generate 0.02 in earnings per share on the 31st of December 2021. Air Industries earnings estimates module stress-tests analyst consensus about projected Air Industries Group EPS (Earning Per Share) to derive its highest and lowest estimates based on its historical volatility. Please continue to Trending Equities.
  
The current Profit Margin is estimated to increase to 0.0302, while Gross Profit is projected to decrease to roughly 9.7 M.

Air Industries Earnings Estimation Breakdown

Calculation of earning per share of Air Industries Group is based on official Zacks consensus of 1 analysts regarding Air Industries future annual earnings. Given the historical accuracy of 56.67%, the future earnings per share of Air Industries is estimated to be 0.02 with the lowest and highest values of 0.02 and 0.02, respectively. Please note that this consensus of annual earnings estimates for Air Industries Group is an estimate of EPS before non-recurring items and including employee stock options expenses
  Current EPS 0.05
0.02
Lowest
Expected EPS 0.02
0.02
Highest

Air Industries Earnings Projection Consensus

Suppose the current estimates of Air Industries' value are higher than the current market price of the Air Industries stock. In this case, investors may conclude that Air Industries 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 Air Industries' stock will quickly adjusts to the new information provided by the consensus estimate.
Number of AnalystsHistorical AccuracyCurrent EPSEPS Estimate for 31st of December 2021

1

56.67%

0.05

0.02

Air Industries Earnings History

Earnings estimate consensus by Air Industries Group analysts from Wall Street is used by the market to judge Air Industries' stock performance. The investors also use these earnings estimates to evaluate and project the stock performance into the future in order to make their investment decisions. However, we recommend analyzing not only Air Industries' upcoming profit reports and earnings-per-share forecasts but also compare them to our different valuation methods.

Air Industries Quarterly Earnings Before Interest Taxes and Depreciation Amortization EBITDA

1.09 Million

Air Industries Earnings per Diluted Share are most likely to slightly decrease in the upcoming years. The last year's value of Earnings per Diluted Share was reported at 0.05. The current Price to Earnings Ratio is estimated to increase to 19.57, while Accumulated Retained Earnings Deficit are projected to decrease to (66.2 M). Air Industries Weighted Average Shares Diluted is most likely to increase significantly in the upcoming years. The last year's value of Weighted Average Shares Diluted was reported at 36.42 Million. The current Issuance Purchase of Equity Shares is estimated to increase to about 908.9 K, while Weighted Average Shares is projected to decrease to roughly 25.7 M.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Air Industries' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of Air Industries in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
0.040.723.97
Details
Intrinsic
Valuation
LowReal ValueHigh
0.061.134.38
Details
Naive
Forecast
LowNext ValueHigh
0.0145160.733.98
Details
1 Analysts
Consensus
LowTarget PriceHigh
2.502.502.50
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Air Industries. Your research has to be compared to or analyzed against Air Industries' peers to derive any actionable benefits. When done correctly, Air Industries' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Air Industries Group.
Note that many institutional investors and large investment bankers can move markets due to the volume of Air Industries assets they manage. They also follow analysts to some degree and often drive overall investor sentiments towards Air Industries. With so many stockholders watching consensus numbers, the difference between actual and projected earnings is one of the most critical factors driving Air Industries stock price in the short term.

Air Industries Earnings per Share Projection vs Actual

Actual Earning per Share of Air Industries refers to what the company shows during its earnings calls or quarterly reports. The Expected EPS is what analysts covering Air Industries Group predict the company's earnings will be in the future. The higher the earnings per share of Air Industries, 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.

Air Industries Estimated Earnings per Share

For an investor who is primarily interested in generating an income out of investing in entities such as Air Industries, 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 Air Industries should always be considered in relation to other companies to make a more educated investment decision.

Air Industries Quarterly Analyst Estimates and Surprise Metrics

Earnings surprises can significantly impact Air Industries' 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
2022-08-08
2022-06-300.01NoneNone
2022-05-02
2022-03-310.01-0.0009-0.0109109 
2022-03-07
2021-12-310.010.050.04400 
2021-11-03
2021-09-300.01-0.0021-0.0121121 
2021-08-05
2021-06-300.010.010
2021-05-11
2021-03-310-0.0048-0.0048
2021-03-09
2020-12-310.010.140.131300 
2020-10-29
2020-09-30-0.02-0.020
2020-08-07
2020-06-30-0.04-0.05-0.0125 
2020-05-15
2020-03-310.010.030.02200 
2020-03-27
2019-12-310.01-0.03-0.04400 
2019-11-07
2019-09-30-0.030.0060.036120 
2019-08-08
2019-06-30-0.03-0.030
2019-05-10
2019-03-31-0.04-0.030.0125 
2019-03-26
2018-12-31-0.04-0.09-0.05125 
2018-11-19
2018-09-30-0.03-0.05-0.0266 
2018-08-15
2018-06-30-0.04-0.05-0.0125 
2018-04-18
2018-03-31-0.06-0.22-0.16266 
2017-11-14
2017-09-30-0.14-0.21-0.0750 
2017-08-18
2017-06-30None-0.36None
2017-04-19
2017-03-310.1-1.52-1.621620 
2017-03-29
2016-12-310.1-1.5595-1.65951659 
2016-11-14
2016-09-30-0.05-0.28-0.23460 
2016-08-18
2016-06-300.06-0.04-0.1166 
2016-04-04
2016-03-310.04-0.09-0.13325 
2015-11-12
2015-09-300.090.04-0.0555 
2015-08-10
2015-06-300.09-0.08-0.17188 
2015-05-15
2015-03-310.080.01-0.0787 
2015-03-31
2014-12-310.12-0.1-0.22183 
2014-11-14
2014-09-300.090.05-0.0444 
2014-08-05
2014-06-3000.090.09
2014-05-05
2014-03-310.10.06-0.0440 
2014-03-25
2013-12-310.10.110.0110 
2013-11-27
2013-09-30None0.4329None
2013-08-28
2013-06-30None0.039None
2013-03-31
2013-03-31None0.048None
2012-12-31
2012-12-31None0.1666None
2012-09-30
2012-09-30None0.106None
2012-06-30
2012-06-30None0.0843None
2012-03-31
2012-03-31None0.2291None
2009-06-30
2009-06-30None-5.8076None
2009-03-31
2009-03-31None-3.7023None
2008-12-31
2008-12-31None-44.4602None
2008-09-30
2008-09-30None-50.7884None
2008-06-30
2008-06-30None-0.9864None
2008-03-31
2008-03-31None-0.93None
2007-09-30
2007-09-30None1.6174None
2007-06-30
2007-06-30None-2.5974None
2007-03-31
2007-03-31None-0.486None
2006-12-31
2006-12-31None-4.7726None
2006-09-30
2006-09-30None-1.2724None
2006-06-30
2006-06-30None-1.0984None
2006-03-31
2006-03-31None-1.1855None
2004-12-31
2004-12-31None-8.4198None
2003-12-31
2003-12-31None29.9205None
2003-09-30
2003-09-30None41.286None
2003-06-30
2003-06-30None9.4083None
2003-03-31
2003-03-31None12.7016None
2002-12-31
2002-12-31None-7.8194None
2002-09-30
2002-09-30None-13.0462None
2002-06-30
2002-06-30None19.0926None
2002-03-31
2002-03-31None5.5688None
2001-12-31
2001-12-31None-139.9328None
2001-09-30
2001-09-30None1.5497None
2001-06-30
2001-06-30None-64.8677None
2001-03-31
2001-03-31None5.4715None

About Air Industries Earnings Estimate

The earnings estimate module is a useful tool to check what professional financial analysts are assuming about the future of Air Industries 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 Air Industries 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 Air Industries 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.
Last ReportedProjected for 2022
Accumulated Retained Earnings Deficit-64.5 M-66.2 M
Earning Before Interest and Taxes EBIT2.9 M3.1 M
Earnings per Basic Share 0.05  0.05 
Earnings per Diluted Share 0.05  0.05 
Price to Earnings Ratio 18.14  19.57 
Earnings Before Interest Taxes and Depreciation Amortization EBITDA6.2 M6.7 M
Earnings before Tax1.6 M1.8 M
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. Air Industries Group was founded in 1979 and is headquartered in Bay Shore, New York. Air Industries operates under Aerospace Defense classification in the United States and is traded on NYSEMKT Exchange. It employs 197 people.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Air Industries without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

Did you try this?

Run Global Markets Map Now

   

Global Markets Map

Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes
All  Next Launch Module

Pair Trading with Air Industries

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 Air Industries 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 Air Industries will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Air Industries could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Air Industries 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 Air Industries - 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 Air Industries Group to buy it.
The correlation of Air Industries 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 Air Industries moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Air Industries Group 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 Air Industries 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. Note that the Air Industries Group information on this page should be used as a complementary analysis to other Air Industries' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try CEO Directory module to screen CEOs from public companies around the world.

Complementary Tools for Air Industries Stock analysis

When running Air Industries Group price analysis, check to measure Air Industries' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Air Industries is operating at the current time. Most of Air Industries' value examination focuses on studying past and present price action to predict the probability of Air Industries' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Air Industries' price. Additionally, you may evaluate how the addition of Air Industries to your portfolios can decrease your overall portfolio volatility.
Crypto Correlations
Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins
Go
Bollinger Bands
Use Bollinger Bands indicator to analyze target price for a given investing horizon
Go
Volatility Analysis
Get historical volatility and risk analysis based on latest market data
Go
Equity Forecasting
Use basic forecasting models to generate price predictions and determine price momentum
Go
CEO Directory
Screen CEOs from public companies around the world
Go
Is Air Industries' 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 Air Industries. If investors know Air Industries 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 Air Industries listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Air Industries Group is measured differently than its book value, which is the value of Air Industries that is recorded on the company's balance sheet. Investors also form their own opinion of Air Industries' value that differs from its market value or its book value, called intrinsic value, which is Air Industries' 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 Air Industries' market value can be influenced by many factors that don't directly affect Air Industries' 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 Air Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine Air Industries value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Air Industries' 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.