Airgain Stock Buy Hold or Sell Recommendation

AIRG
 Stock
  

USD 7.21  0.08  1.10%   

Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding Airgain is 'Cautious Hold'. Macroaxis provides Airgain buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding Airgain positions. The advice algorithm takes into account all of Airgain's available fundamental, technical, and predictive indicators you will find on this site.
  
The advice is provided from Airgain's buy-and-hold perspective. Please continue to Airgain Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. We conduct extensive research on individual companies such as Airgain and provide practical buy, sell, or hold advice based on selected investing horizon and risk tolerance towards Airgain.

Execute Airgain Buy or Sell Advice

The Airgain recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Airgain. Macroaxis does not own or have any residual interests in Airgain or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Airgain's advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell AirgainBuy Airgain
Cautious Hold

Volatility

Details

Hype Condition

Details

Current Valuation

Details

Odds of Distress

Details

Economic Sensitivity

Details

Analyst Consensus

Details

Reporting Quality (M-Score)

Details
For the selected time horizon Airgain has a Mean Deviation of 2.4, Standard Deviation of 3.03 and Variance of 9.16
We provide trade advice to complement the prevailing expert consensus on Airgain. Our dynamic recommendation engine uses a multidimensional algorithm to analyze the company's potential to grow using all technical and fundamental data available at the time. To make sure Airgain is not overpriced, please confirm all Airgain fundamentals, including its price to book, total debt, number of employees, as well as the relationship between the ebitda and cash flow from operations . Given that Airgain has a number of shares shorted of 154.45 K, we suggest you to validate Airgain market performance and probability of bankruptcy to ensure the company can sustain itself in the current economic cycle given your prevailing risk tolerance and investing horizon.

Airgain Trading Alerts and Improvement Suggestions

Airgain generated a negative expected return over the last 90 days
Airgain is unlikely to experience financial distress in the next 2 years
The company reported the previous year's revenue of 64.42 M. Net Loss for the year was (12.85 M) with profit before overhead, payroll, taxes, and interest of 24.61 M.
Airgain currently holds about 18.66 M in cash with (3.1 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.83.
Roughly 66.0% of the company shares are held by institutions such as insurance companies
Latest headline from www.businesstoday.in: Akasa Air to leverage RateGains AI platform to optimise airfares in real-time - Business Today

Airgain current analysts advice

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Airgain analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Airgain analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target Mean Price15.13
Target Median Price16.00
Target High Price18.00
Recommendation Mean2.40
Number Of Analyst Opinions4
Target Low Price10.50
Average Consensus Buy
The consensus estimates and target price estimation comprises individual analyst assessments, and may or may not mutch the Macroaxis buy or sell advice. It is determined by taking an average of all analyst recommendations and classifying them as Strong Buy, Buy, Hold, or Sell.

Airgain Returns Distribution Density

The distribution of Airgain's historical returns is an attempt to chart the uncertainty of Airgain's future price movements. The chart of the probability distribution of Airgain stock daily returns describes the distribution of returns around its average expected value. We use Airgain price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Airgain returns is essential to provide solid investment advice for Airgain.
Mean Return-0.18Value At Risk-4.98
Potential Upside4.44Standard Deviation3.03
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Airgain historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.

Airgain Stock Institutional Investors

Have you ever been surprised when a price of an equity instrument such as Airgain is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Airgain backward and forwards among themselves. Airgain's institutional investor refers to the entity that pools money to purchase Airgain's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Security TypeSharesValue
Blair William CoCommon Shares772.9 K6.3 M
Aigh Capital Management LlcCommon Shares727.5 K5.9 M
North Run Capital LpCommon Shares525.9 K4.3 M
Granahan Investment Management LlcCommon Shares489.5 KM
Vanguard Group IncCommon Shares484 K3.9 M
Renaissance Technologies LlcCommon Shares470.2 K3.8 M
Ameriprise Financial IncCommon Shares462.9 K3.8 M
Note, although Airgain's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Airgain Greeks

Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Airgain or Technology sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Airgain's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Airgain stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α
Alpha over DOW
-0.08
β
Beta against DOW0.94
σ
Overall volatility
3.00
Ir
Information ratio -0.02

Airgain Volatility Alert

Airgain exhibits very low volatility with skewness of 0.54 and kurtosis of 0.38. However, we advise investors to further study Airgain technical indicators to ensure that all market info is available and is reliable. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Airgain's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Airgain's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different stocks as prices fall.

Airgain Fundamentals Vs Peers

Comparing Airgain's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Airgain's direct or indirect competition across all of the common fundamentals between Airgain and the related equities. This way, we can detect undervalued stocks with similar characteristics as Airgain or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Airgain's fundamental indicators could also be used in its relative valuation, which is a method of valuing Airgain by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare Airgain to competition
FundamentalsAirgainPeer Average
Return On Equity(27.56) %(0.31) %
Return On Asset(9.74) %(0.14) %
Profit Margin(19.94) %(1.27) %
Operating Margin(16.50) %(5.51) %
Current Valuation68.55 M16.62 B
Shares Outstanding10.1 M571.82 M
Shares Owned by Insiders6.16 %10.09 %
Shares Owned by Institutions65.82 %39.21 %
Number of Shares Shorted154.45 K4.71 M
Price to Earning42.76 X28.72 X
Price to Book1.48 X9.51 X
Price to Sales1.13 X11.42 X
Revenue64.42 M9.43 B
Gross Profit24.61 M27.38 B
EBITDA(7 M)3.9 B
Net Income(12.85 M)570.98 M
Cash and Equivalents18.66 M2.7 B
Cash per Share1.83 X5.01 X
Total Debt3.04 M5.32 B
Debt to Equity0.07 %48.70 %
Current Ratio1.69 X2.16 X
Book Value Per Share4.88 X1.93 K
Cash Flow from Operations(3.1 M)971.22 M
Short Ratio1.62 X4.00 X
Earnings Per Share(0.34) X3.12 X
Price to Earnings To Growth2.50 X4.89 X
Number of Employees14518.84 K
Beta1.02-0.15
Market Capitalization72.79 M19.03 B
Total Asset27.2 M29.47 B
Retained Earnings(47.55 M)9.33 B
Working Capital15.81 M1.48 B
Current Asset22.55 M9.34 B
   Airgain exotic insider transaction detected [view details]

About Airgain Buy or Sell Advice

When is the right time to buy or sell Airgain? Buying financial instruments such as Airgain Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.

Use Investing Ideas to Build Portfolios

In addition to having Airgain in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Did You Try This Idea?

Run Corporate Bonds Thematic Idea Now

Corporate Bonds
Corporate Bonds Theme
Funds or Etfs investing in different types of corporate debt instruments. The Corporate Bonds theme has 40 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Corporate Bonds Theme or any other thematic opportunities.
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Please continue to Airgain Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. You can also try Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.

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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.
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.