CPI Aerostructures
CVU
Market cap $41.2M

3.16 USD

+0.05

1.61%

At close Oct 17, 4:00 PM EDT

1 day

1.61%

5 days

-4.82%

1 month

1.94%

3 months

31.12%

6 months

18.35%

Year to date

13.67%

1 year

0.32%

5 years

-61.42%

About: CPI Aerostructures Inc is engaged in the manufacturing of structural aircraft parts for fixed-wing aircraft and helicopters in both the commercial and defense markets in the United States. It also provides engineering, program management, supply chain management and kitting, and Maintenance Repair and Overhaul (MRO) services. CPI also acts as a subcontractor to prime aircraft manufacturers in the production of commercial aircraft parts. CPI Aero supplies the E-2D Advanced Hawkeye surveillance aircraft, the A-10 Thunderbolt attack jet, the Gulfstream G650, the UH-60 BLACK HAWK helicopter, and the S-92 helicopter and others.

Employees: 203

Industrials Aircraft Parts & Auxiliary Equipment

0

Funds holding %

of 6,740 funds

–

Analysts bullish %

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

20% more repeat investments, than reductions

Existing positions increased: 6 | Existing positions reduced: 5

10% more capital invested

Capital invested by funds: $3.86M [Q1] → $4.25M (+$394K) [Q2]

0% more funds holding

Funds holding: 22 [Q1] → 22 (+0) [Q2]

0% more first-time investments, than exits

New positions opened: 3 | Existing positions closed: 3

5.76% less ownership

Funds ownership: 19.16% [Q1] → 13.39% (-5.76%) [Q2]

100% less call options, than puts

Call options by funds: $0 | Put options by funds: $72K

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Research analyst outlook

We haven’t received any recent analyst ratings for CVU.

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Financial journalist opinion

CPI Aerostructures Reports Second Quarter and Six Month 2024 Results

Second Quarter 2024 vs. Second Quarter 2023 Revenue of $20.8 million compared to $20.5 million; Gross profit of $5.1 million compared to $4.6 million; Gross margin of 24.6% compared to 22.4%; Net income of $1.4 million compared to $1.2 million; Earnings per diluted share of $0.11 compared to $0.09; Adjusted EBITDA (1) of $2.6 million compared to $2.1 million; Cash flow used in operations of $(0.6) million compared to $0.0 million.

CPI Aerostructures Reports Second Quarter and Six Month 2024 Results

CPI Aerostructures, Inc. and MST Manufacturing Sign Long Term Agreement

FARNBOROUGH, United Kingdom, July 22, 2024 (GLOBE NEWSWIRE) -- CPI Aerostructures, Inc. (“CPI Aero®” or the “Company”) (NYSE American: CVU) announced today that it has signed a Long Term Agreement (“LTA”) with MST Manufacturing (“MST”) during the international air show in Farnborough, UK, for the supply of components in support of its aerostructures production. This LTA will cover CPI Aero's requirements from MST through the end of calendar year 2027.

CPI Aerostructures, Inc. and MST Manufacturing Sign Long Term Agreement

CPI Aerostructures, Inc. Delivers First Pod Structure of Latest Production Contract for Next Generation Jammer Mid-Band Program to Raytheon

First Production Pod Structure Delivery of a planned 37 Pods for LRIP 3 Contract First Production Pod Structure Delivery of a planned 37 Pods for LRIP 3 Contract

CPI Aerostructures, Inc. Delivers First Pod Structure of Latest Production Contract for Next Generation Jammer Mid-Band Program to Raytheon

CPI Aerostructures, Inc. Announces Settlement with SEC

EDGEWOOD, N.Y., June 20, 2024 (GLOBE NEWSWIRE) -- CPI Aerostructures, Inc. (NYSE American: CVU) (“CPI Aero” or “Company”), today announced a settlement with the Securities and Exchange Commission (the “SEC” or “Commission”) related to the Company's previously announced restatements of certain of its financial statements for fiscal periods between January 1, 2018 and December 31, 2022.

CPI Aerostructures, Inc. Announces Settlement with SEC

CPI Aerostructures Receives $3.1M Order From Embraer for Engine Inlet Assemblies

EDGEWOOD, N.Y., June 10, 2024 (GLOBE NEWSWIRE) -- CPI Aerostructures, Inc. (“CPI Aero” or the “Company”) (NYSE American: CVU) announced that Embraer S.A. of Brazil (NYSE: ERJ) has placed several additional orders against a previously announced Long Term Agreement to manufacture engine inlet assemblies for the Embraer Phenom 300 business jets. These new orders will see deliveries continue through mid-2025.

CPI Aerostructures Receives $3.1M Order From Embraer for Engine Inlet Assemblies

CPI Aerostructures Receives $1.3 Million Follow-on Orders for Welded Assemblies

EDGEWOOD, N.Y., June 05, 2024 (GLOBE NEWSWIRE) -- CPI Aerostructures, Inc. (“CPI Aero®” or the “Company”) (NYSE American: CVU) announced that it has received follow-on orders for complex welded structural assemblies used on a U.S. military helicopter from a current customer valued at approximately $1.3 million. Deliveries are expected to occur through mid-2025.

CPI Aerostructures Receives $1.3 Million Follow-on Orders for Welded Assemblies

CPI Aerostructures Reports First Quarter 2024 Results

First Quarter 2024 vs. First Quarter 2023 Revenue of $19.1 million compared to $22.0 million; Gross profit of $3.6 million compared to $4.7 million; Gross profit margin of 18.6% compared to 21.2%; Net income of $0.2 million compared to $1.0 million; Earnings per share of $0.01 compared to $0.08; Cash flow used in operations of ($1.0) million compared to $0.9 million provided by cash flow from operations; Debt as of March 31, 2024 of $19.1 million compared to $22.1 million as of March 31, 2023.

CPI Aerostructures Reports First Quarter 2024 Results

CPI Aerostructures Reports Fourth Quarter and Full Year 2023 Results

Fourth Quarter 2023 vs. Fourth Quarter 2022 Revenue of $23.5 million compared to $24.1 million; Gross profit of $4.1 million compared to $3.9 million; Gross margin of 17.4% compared to 16.1%; Net income of $14.8 million compared to net income of $6.8 million; Earnings per share of $1.20 ($0.09 excluding the fourth quarter 2023 deferred tax asset valuation allowance reduction of $1.11) compared to earnings per share of $0.55 ($0.03 excluding the fourth quarter 2022 deferred tax asset valuation allowance reduction of $0.52); Cash flow from operations of $3.1 million compared to $0.1 million.

CPI Aerostructures Reports Fourth Quarter and Full Year 2023 Results

CPI Aerostructures Receives $4.4M Orders from Embraer for Engine Inlet Assemblies

EDGEWOOD, N.Y., Nov. 21, 2023 (GLOBE NEWSWIRE) -- CPI Aerostructures, Inc. (“CPI Aero®” or the “Company”) (NYSE American: CVU) announced that Embraer S.A. of Brazil (NYSE: ERJ) has placed several additional orders against a previously announced Long Term Agreement to manufacture engine inlet assemblies for the Embraer Phenom 300 business jets. These new orders will see deliveries continue into 2024.

CPI Aerostructures Receives $4.4M Orders from Embraer for Engine Inlet Assemblies

CPI Aerostructures Reports Third Quarter and Nine Month 2023 Results

Third Quarter 2023 vs. Third Quarter 2022 Revenue of $20.4 million compared to $20.2 million; Gross profit of $3.7 million compared to $5.3 million; Gross margin of 18.2% compared to 26.4%; Net income of $0.3 million compared to $1.9 million; Earnings per diluted share of $0.02 compared to $0.15; Cash flow from operations of $0.0 million compared to $2.9 million.

CPI Aerostructures Reports Third Quarter and Nine Month 2023 Results

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