Airgain Stock Analysis

AIRG
 Stock
  

USD 7.29  0.07  0.95%   

The small dip in market price for the last few months could raise concerns from shareholders as the firm is trading at a share price of 7.29 on 50,794 in volume. The company directors and management did not add much value to Airgain investors in August. However, diversifying your holdings with Airgain or similar stocks can still protect your portfolio during high-volatility market scenarios. The stock standard deviation of daily returns for 90 days investing horizon is currently 3.06. The above-average risk is mostly attributed to market volatility and speculations regarding some of the upcoming earning calls from Airgain partners.
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The Airgain stock analysis report makes it easy to digest most publicly released information about Airgain and get updates on important government artifacts, including earning estimates, SEC corporate filings, and announcements. Airgain Stock analysis module also helps to analyze the Airgain price relationship with some important fundamental indicators such as market cap and management efficiency.

Airgain Stock Analysis Notes

About 60.0% of the company shares are held by institutions such as insurance companies. The company has price-to-book (P/B) ratio of 1.75. Some equities with similar Price to Book (P/B) outperform the market in the long run. Airgain recorded a loss per share of 1.28. The entity had not issued any dividends in recent years. 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. Airgain operates under Communication Equipment classification in the United States and is traded on NASDAQ Exchange. It employs 145 people. For more info on Airgain please contact Charles Myers at 760 579 0200 or go to https://www.airgain.com.

Airgain Investment Alerts

Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Airgain's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Airgain or challenge it. These alerts can help you understand what you are buying 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 66.41 M. Net Loss for the year was (11.86 M) with profit before overhead, payroll, taxes, and interest of 24.61 M.
Airgain currently holds about 9.45 M in cash with (3.61 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.93.
Roughly 60.0% of the company shares are held by institutions such as insurance companies
Latest headline from www.marketwatch.com: Affirm stock heads higher as company notches BNPL deal with Amazon in Canada - MarketWatch

Airgain Upcoming and Recent Events

Earnings reports are used by Airgain to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Airgain previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
Upcoming Quarterly Report17th of February 2022
Next Financial Report5th of May 2022
Next Fiscal Quarter End31st of December 2021
Next Fiscal Year End17th of February 2022
Last Quarter Report30th of September 2021
Last Financial Announcement31st of December 2020

Airgain SEC Filings

SEC filings are important regulatory documents required of all public companies to provide to potential investors. Airgain prospectus issued under the guidelines of SEC is a legal declaration of facts and statements to ensure that Airgain investors are not misled. SEC filings are required by law to meet strict transparency standards and other important legal constraints. Although many companies may choose careful wording to disguise some material information, SEC filings make crucial Airgain specific information freely available to individual and institutional investors to make a timely investment decision.
11th of August 2022
Financial Statements and Exhibits. Results of Operations and Financial Condition
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24th of June 2022
Submission of Matters to a Vote of Security Holders
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24th of May 2022
Unclassified Corporate Event
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10th of May 2022
Financial Statements and Exhibits. Results of Operations and Financial Condition
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3rd of May 2022
Financial Statements and Exhibits. Changes in Registrant's Certifying Accountant
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2nd of May 2022
Changes in Registrant's Certifying Accountant
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1st of March 2022
Unclassified Corporate Event
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24th of February 2022
Financial Statements and Exhibits. Results of Operations and Financial Condition
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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 Market Capitalization

The company currently falls under 'Micro-Cap' category with current market capitalization of 73.97 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 Profitablity

Airgain's profitability indicators refer to fundamental financial ratios that showcase Airgain's ability to generate income relative to its revenue or operating costs. If, let's say, Airgain is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Airgain's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Airgain's profitability requires more research than a typical breakdown of Airgain's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Profit Margin (PM) of (17.85) %, which may suggest that it does not properly executes on its current pricing strategies or is unable to control all of the operational costs. This is way below average. Similarly, it shows Operating Margin (OM) of (11.15) %, which suggests for every $100 dollars of sales, it generated a net operating loss of -0.11.

Management Efficiency

The entity has return on total asset (ROA) of (10.62) % which means that it has lost $10.62 on every $100 spent on asset. This is way below average. Similarly, it shows return on stockholders equity (ROE) of (25.82) %, meaning that it created substantial loss on money invested by shareholders. Airgain management efficiency ratios could be used to measure how well airgain manages its routine affairs as well as how well it operates its assets and liabilities.

Technical Drivers

As of the 29th of September, Airgain shows the risk adjusted performance of (0.1), and Mean Deviation of 2.49. Airgain technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to interpolate data for nineteen technical drivers for Airgain, which can be compared to its rivals. Please confirm Airgain treynor ratio, as well as the relationship between the downside variance and kurtosis to decide if Airgain is priced correctly, providing market reflects its regular price of 7.29 per share. Given that Airgain has jensen alpha of (0.26), we suggest you to validate Airgain's prevailing market performance to make sure the company can sustain itself at a future point.

Airgain Price Movement Analysis

The output start index for this execution was twenty-nine with a total number of output elements of thirty-two. The Moving Average is predictive technique used to analyze Airgain price data points by creating a series of averages of different subsets of Airgain entire price series.
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Airgain Insider Trading Activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Airgain insiders, such as employees or executives, is commonly permitted as long as it does not rely on Airgain's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Airgain insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.

Airgain Predictive Daily Indicators

Airgain intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Airgain stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

Airgain Forecast Models

Airgain time-series forecasting models is one of many Airgain's stock analysis techniquest aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Airgain's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

About Airgain Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Airgain prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Airgain shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas, a specific sector, or an individual Stock such as Airgain. By using and applying Airgain Stock analysis, traders can create a robust methodology for identifying Airgain entry and exit points for their positions.
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. Airgain operates under Communication Equipment classification in the United States and is traded on NASDAQ Exchange. It employs 145 people.

Current Airgain Analysis - Recommendations

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 PriceAdvice# of Analysts
16.6Buy5Odds
Airgain current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Airgain analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Airgain stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Airgain, talking to its executives and customers, or listening to Airgain conference calls.
Airgain Analyst Advice Details

Airgain Stock Analysis Indicators

Airgain stock analysis indicators help investors evaluate how Airgain stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Airgain shares will generate the highest return on investment. By understating and applying Airgain stock analysis, traders can identify Airgain position entry and exit signals to maximize returns.
Quick Ratio1.31
Fifty Two Week Low6.75
Revenue Growth11.50%
Average Daily Volume Last 10 Day21.66k
Shares Short Prior Month153.46k
Average Daily Volume In Three Month24.96k
Shares Percent Shares Out1.24%
Gross Margins37.74%
Forward Price Earnings20.71
Short Percent Of Float1.30%
Float Shares8.46M
Fifty Two Week High12.93
Fifty Day Average7.98
Enterprise Value To Ebitda-9.09
Two Hundred Day Average8.90
Enterprise Value To Revenue1.01
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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.
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.