CPI Aerostructures
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
0
Funds holding %
of 6,809 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
167% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 3
46% more capital invested
Capital invested by funds: $4.26M [Q2] → $6.2M (+$1.94M) [Q3]
0.42% more ownership
Funds ownership: 13.4% [Q2] → 13.82% (+0.42%) [Q3]
0% more funds holding
Funds holding: 22 [Q2] → 22 (+0) [Q3]
0% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 3
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $144K
Research analyst outlook
We haven’t received any recent analyst ratings for CVU.
Financial journalist opinion
Neutral
GlobeNewsWire
1 week ago
L3Harris Awards CPI Aerostructures, Inc. Contract for Next Generation Jammer Low-Band Program
CPI to deliver Pod Structures to support airworthiness and design verification CPI to deliver Pod Structures to support airworthiness and design verification
Neutral
GlobeNewsWire
1 month ago
CPI Aerostructures Reports Third Quarter and Nine Month 2024 Results
Third Quarter 2024 vs. Third Quarter 2023 Revenue of $19.4 million compared to $20.4 million; Gross profit of $4.2 million compared to $3.7 million; Gross margin of 21.7% compared to 18.2%; Net income of $0.7 million compared to $0.3 million; Earnings per diluted share of $0.06 compared to $0.02; Adjusted EBITDA (1) of $1.7 million compared to $1.4 million; Cash flow provided by operating activities of $0.7 million compared to $0.0 million.
Neutral
GlobeNewsWire
4 months ago
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.
Neutral
GlobeNewsWire
5 months ago
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.
Neutral
GlobeNewsWire
5 months ago
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
Neutral
GlobeNewsWire
6 months ago
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.
Neutral
GlobeNewsWire
6 months ago
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.
Neutral
GlobeNewsWire
6 months ago
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.
Neutral
GlobeNewsWire
7 months ago
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.
Neutral
GlobeNewsWire
8 months ago
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.
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