Air Industries GroupAIRI
AIRI
About: Air Industries Group is an aerospace and defense company. Its manufactures and designs structural parts and assemblies that focus on flight safety, including landing gear, arresting gear, engine mounts, flight controls, throttle quadrants, jet engines, and other components. The company also provides sheet metal fabrication of aerostructures, tube bending, and welding services.
Employees: 185
0
Funds holding %
of 6,809 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
700% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 1
266% more capital invested
Capital invested by funds: $260K [Q2] → $950K (+$690K) [Q3]
100% more funds holding
Funds holding: 7 [Q2] → 14 (+7) [Q3]
50% more repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 2
3.18% more ownership
Funds ownership: 2.25% [Q2] → 5.42% (+3.18%) [Q3]
Research analyst outlook
We haven’t received any recent analyst ratings for AIRI.
Financial journalist opinion
Based on 4 articles about AIRI published over the past 30 days
Neutral
Business Wire
1 day ago
Air Industries Group Secures $33 Million Contract for the CH-53K King Stallion Heavy-Lift Helicopter Components
BAY SHORE, N.Y.--(BUSINESS WIRE)---- $airi--Air Industries Group (“Air Industries”) (NYSE American: AIRI), a leading manufacturer of precision components and assemblies for large aerospace and defense prime contractors, today announced that it has secured a long-term contract valued at more than $33.0 million to manufacture and supply complex components for the CH-53K King Stallion helicopter program. The seven-year agreement strengthens Air Industries' pivotal role in supporting one of the U.S. Departme.
Neutral
Zacks Investment Research
1 week ago
Air Industries Secures a Contract to Supply Landing Gear Assemblies
AIRI secures a contract to provide landing gear assemblies for the U.S. Navy E-2D Advanced Hawkeye aircraft.
Neutral
Business Wire
1 week ago
Air Industries Group Secures $11 Million Contract for Landing Gear Assemblies for the US Navy E-2D Advanced Hawkeye Aircraft
BAY SHORE, N.Y.--(BUSINESS WIRE)---- $airi--Air Industries Group (“Air Industries”) (NYSE American: AIRI), a leading manufacturer of precision components and assemblies for large aerospace and defense prime contractors, today announced that it has secured a follow-on contract valued at over $11.0 million for landing gear assemblies for the U.S. Navy E-2D Advanced Hawkeye aircraft. Air Industries has been a key supplier to the E-2 family of aircraft for decades, underscoring its long-standing role in supp.
Neutral
Business Wire
2 weeks ago
Air Industries Group Secures $4.0 Million Contract for F-35 Arresting Gear Components
BAY SHORE, N.Y.--(BUSINESS WIRE)---- $airi--Air Industries Group (“Air Industries”) (NYSE American: AIRI), a leading manufacturer of precision components and assemblies for large aerospace and defense prime contractors, today announced that it has secured a follow-on contract valued at approximately $4.0 million for arresting gear components to be used on the F-35 Lightning II fighter aircraft. The contract originated in a European partner nation of the F-35 program. Production of the arresting gear comp.
Neutral
Seeking Alpha
1 month ago
Air Industries Group (AIRI) Q3 2024 Earnings Call Transcript
Air Industries Group (NYSE:AIRI ) Q3 2024 Earnings Conference Call November 14, 2024 4:30 PM ET Company Participants Lou Melluzzo - President and Chief Executive Officer Scott Glassman - Chief Financial Officer, Principal Accounting Officer and Secretary of the Company Conference Call Participants Jaime Perez - R.F. Lafferty & Company Operator Hello, and welcome to the Air Industries Group Third Quarter 2024 Earnings Conference Call.
Negative
Zacks Investment Research
1 month ago
Air Industries (AIRI) Reports Q3 Loss, Lags Revenue Estimates
Air Industries (AIRI) came out with a quarterly loss of $0.12 per share versus the Zacks Consensus Estimate of a loss of $0.02. This compares to loss of $0.40 per share a year ago.
Neutral
Business Wire
1 month ago
Air Industries Group Reports Strong Q3 2024 Results and Reaffirms Positive Fiscal 2024 Outlook with Expanding Backlog and Improved Profit Margins
BAY SHORE, N.Y.--(BUSINESS WIRE)---- $airi--Air Industries Group (“Air Industries”) (NYSE American: AIRI), a leading manufacturer of precision components and assemblies for large aerospace and defense prime contractors, today announced financial results for the third quarter and nine months ended September 30, 2024, and provides an update on its 2024 business outlook. Q3 2024 Financial Highlights (as compared to Q3 2023): Revenues increased by 2.1%. Gross profit rose significantly by $713,000, an increas.
Neutral
Business Wire
1 month ago
Air Industries Group Announces Earnings Release Date
BAY SHORE, N.Y.--(BUSINESS WIRE)---- $airi--Air Industries Group (“Air Industries”) (NYSE American: AIRI), a leading manufacturer of precision components and assemblies for large aerospace and defense prime contractors, today announced that it will release its financial results for the Three and Nine Months ended September 30, 2024 tomorrow, Thursday, November 14th pre-market at 7:00 am Eastern. Conference Call Information The company will host an earnings conference call Thursday, November 14th at 4:30.
Neutral
Zacks Investment Research
1 month ago
Air Industries (AIRI) Stock Drops Despite Market Gains: Important Facts to Note
In the closing of the recent trading day, Air Industries (AIRI) stood at $5.81, denoting a -1.69% change from the preceding trading day.
Negative
Zacks Investment Research
1 month ago
Here's Why Air Industries (AIRI) Fell More Than Broader Market
Air Industries (AIRI) concluded the recent trading session at $5.75, signifying a -0.35% move from its prior day's close.
Charts implemented using Lightweight Charts™