Airgain Stock Quote Today

AIRG
 Stock
  

USD 8.51  0.01  0.12%   

Market Performance
0 of 100
Odds Of Distress
Less than 1
Airgain is trading at 8.51 as of the 16th of August 2022, a 0.12 percent increase since the beginning of the trading day. The stock's lowest day price was 8.35. Airgain has a very small chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for Airgain are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 26th of August 2020 and ending today, the 16th of August 2022. Click here to learn more.
CUSIP
00938A104
Fiscal Year End
December
Business Domain
Technology Hardware & Equipment
IPO Date
12th of August 2016
Category
Technology
Classification
Information Technology
ISIN
US00938A1043
Airgain, Inc. designs, develops, and engineers antenna products for original equipment and design manufacturers, vertical markets, chipset vendors, service providers, value-added resellers and software developers worldwide. Airgain, Inc. was incorporated in 1995 and is headquartered in San Diego, California. The company has 10.1 M outstanding shares of which 154.45 K shares are presently shorted by private and institutional investors with about 1.62 trading days to cover. More on Airgain

Moving against Airgain

0.51CLFDClearfield Fiscal Year End 3rd of November 2022 PairCorr
Follow Valuation Options Odds of Bankruptcy
Check how we calculate scores

Airgain Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. If you consider yourself one of those investors, make sure you clearly understand your entering position. Airgain's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Airgain or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Airgain generated a negative expected return over the last 90 days
Airgain has high historical volatility and very poor performance
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.gurufocus.com: Top 5 2nd Quarter Trades of LE - GuruFocus.com
President & CEOCharles Myers
Fama & French Classification
Average Analyst Recommendation
Analysts covering Airgain report their recommendations after researching Airgain's financial statements, talking to executives and customers, or listening in on Airgain's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Airgain. The Airgain consensus assessment is calculated by taking the average forecast from all of the analysts covering Airgain.
Piotroski F Score
Piotroski F-Score is a popular financial indicator that puts together nine criteria to evaluate the financial strength of Airgain based on its profitability, leverage, liquidity, source of funds, and operating efficiency. It is an academic score (developed by Joseph Piotroski in 2002) to determine the current strength of Airgain financial position. Scores of 8 and 9 are usually classified as strong value stocks, whereas scores of 2 or below are considered weak value stocks.
HealthyDetails
Current ValueLast YearChange From Last Year 10 Year Trend
Weighted Average Shares9.4 M11.2 M
Fairly Down
Increasing
Slightly volatile
Weighted Average Shares Diluted9.6 M11.2 M
Fairly Down
Increasing
Slightly volatile
Net Cash Flow from Operations3.5 M4.3 M
Significantly Down
Increasing
Slightly volatile
Total Assets58 M63.2 M
Significantly Down
Increasing
Slightly volatile
Total LiabilitiesM6.5 M
Significantly Up
Increasing
Stable
Current Assets47.9 M52.2 M
Significantly Down
Increasing
Slightly volatile
Current Liabilities8.4 M7.9 M
Notably Up
Increasing
Slightly volatile
Total Debt2.1 M1.5 M
Significantly Up
Increasing
Slightly volatile
Return on Average Assets(0.0769)(0.0713)
Significantly Down
Increasing
Slightly volatile
Gross Margin0.550.54
Fairly Up
Increasing
Slightly volatile
Asset Turnover0.960.82
Fairly Up
Decreasing
Slightly volatile
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Airgain's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Strong BuyUndervalued
Financial Strength
Airgain's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Airgain's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Airgain's financial leverage. It provides some insight into what part of Airgain's total assets is financed by creditors.
Share Download
Share Download
By using current balance sheet information, investors can analyze the liability, assets, and equity on Airgain's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Airgain deploys its capital and how much of that capital is borrowed.
Liquidity
Airgain cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company currently holds 3.04 M in liabilities with Debt to Equity (D/E) ratio of 0.07, which may suggest the company is not taking enough advantage from borrowing. Airgain has a current ratio of 1.66, which is within standard range for the sector. Debt can assist Airgain until it has trouble settling it off, either with new capital or with free cash flow. So, Airgain's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Airgain sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Airgain to invest in growth at high rates of return. When we think about Airgain's use of debt, we should always consider it together with cash and equity.

Operating Cash Flow

3.51 Million
Airgain (AIRG) is traded on NASDAQ Exchange in USA. It is located in 3611 Valley Centre Drive, Suite 150, San Diego, CA 92130, United States and employs 145 people. Airgain is listed under Electronic Equipment category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with current market capitalization of 85.81 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Airgain's market, we take the total number of its shares issued and multiply it by Airgain's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities. Airgain conducts business under Technology sector and is part of Communication Equipment industry. The entity has 10.1 M outstanding shares of which 154.45 K shares are presently shorted by private and institutional investors with about 1.62 trading days to cover. 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.
Check Airgain Probability Of Bankruptcy
Ownership
Airgain retains a total of 10.1 Million outstanding shares. Over half of Airgain outstanding shares are owned by other corporate entities. These other corporate entities are typically referred to corporate investors that acquire positions in a given instrument to benefit from reduced trade commissions. Consequently, these institutions are subject to different rules and regulation than regular investors in Airgain. Please watch out for any change in the institutional holdings of Airgain as this could mean something significant has changed or about to change at the company. Remember, it does not matter who owns the company or if the company is currently losing money. If the true value of the company is more than the market pays for it currently, you can still have a good investment opportunity.

Ownership Allocation (%)

Check Airgain Ownership Details

Airgain Stock Price Odds Analysis

What are Airgain's target price odds to finish over the current price? Based on a normal probability distribution, the odds of Airgain jumping above the current price in 90 days from now is about 68.96%. The Airgain probability density function shows the probability of Airgain stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the stock has a beta coefficient of 1.4445. This suggests as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Airgain will likely underperform. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Airgain is significantly underperforming DOW.
  Odds Below 8.51HorizonTargetOdds Above 8.51
30.91%90 days
 8.51 
68.96%
Based on a normal probability distribution, the odds of Airgain to move above the current price in 90 days from now is about 68.96 (This Airgain probability density function shows the probability of Airgain Stock to fall within a particular range of prices over 90 days) .

Airgain Historical Income Statement

Airgain Income Statement is one of the three primary financial statements used for reporting Airgain's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Airgain revenue and expense. Airgain Income Statement primarily focuses on the company's revenues and expenses during a particular period.
Airgain Interest Expense is projected to decrease significantly based on the last few years of reporting. The past year's Interest Expense was at 35,650. The current year Preferred Dividends Income Statement Impact is expected to grow to about 1.6 M, whereas Consolidated Income is forecasted to decline to (3 M). View More Fundamentals

Airgain Stock Against Markets

Picking the right benchmark for Airgain stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Airgain stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Airgain is critical whether you are bullish or bearish towards Airgain at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Airgain 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.

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Airgain Corporate Directors

Airgain corporate directors refer to members of an Airgain board of directors. The board of directors generally takes responsibility for the Airgain's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Airgain's board members must vote for the resolution. The Airgain board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Arthur Toscanini - Independent DirectorProfile
Francis Egan - DirectorProfile
TzauJin Chung - Independent DirectorProfile
Frances Kordyback - DirectorProfile

Invested in Airgain?

You need to understand the risk of investing before taking a position in Airgain. The danger of trading Airgain is mainly related to its market volatility and company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Airgain is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Airgain. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Airgain is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Please continue to Trending Equities. Note that the Airgain information on this page should be used as a complementary analysis to other Airgain's 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 Focused Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.

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When running Airgain price analysis, check to measure Airgain's 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 Airgain is operating at the current time. Most of Airgain's value examination focuses on studying past and present price action to predict the probability of Airgain's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Airgain's price. Additionally, you may evaluate how the addition of Airgain to your portfolios can decrease your overall portfolio volatility.
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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
-1.0
Market Capitalization
86.8 M
Quarterly Revenue Growth YOY
0.12
Return On Assets
-0.11
Return On Equity
-0.26
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.