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AIR INDUSTRIES GROUP

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Market Data: Yahoo Finance, Bloomberg, SEC Filings

Report Link: Updated Research Report (Dated 04/07/2021)

Symbol: AIRI
Analyst: John Nobile
Taglich Rating: Speculative Buy
Price Target: $2.50
Time Horizon: 12 Months
Rating Established: July 28, 2017
Price When Established: $1.38
Most Recent Report: April 7, 2021
Price When Issued: $1.60


What's New

Air Industries Reports 1Q21 Results

On May 11, 2021, Air Industries Group (NYSE AMEX: AIRI) reported results for its first quarter ended March 31, 2021.

For 1Q21, the company reported revenue increased 2.2% to $13.7 million from $13.4 million in 1Q20. Air Industries reported a net loss of $152,000 versus net income of $1.1 million in 1Q20 that included a $1.4 million tax benefit.

Taglich Brothers projected 1Q21 revenue of $14 million and net income of $40,000 or break-even per share.


Company Description

Air Industries Group, headquartered in Bay Shore, New York, operates primarily in the aerospace and defense industry. The company designs and manufactures structural parts and assemblies, including landing gear, arresting gear, engine mounts, flight controls, throttle quadrants, components for jet engines, and other aerospace components.


Company Reports

Updated Research Report (Dated April 7, 2021)
Updated Research Report (Dated November 17, 2020)
Updated Research Report (Dated August 17, 2020)
Updated Research Report (Dated May 21, 2020)
Updated Research Report (Dated November 14, 2019)
Updated Research Report (Dated August 19, 2019)
Updated Research Report (Dated May 30, 2019)
Updated Research Report (Dated April 10, 2019)
Updated Research Report (Dated December 14, 2018)
Updated Research Report (Dated June 27, 2018)
Updated Research Report (Dated February 13, 2018)
Research Note Released (Dated July 28, 2017)
Updated Research Report (Dated September 30, 2016)
Updated Research Report (Dated December 15, 2015)
Updated Research Report (Dated October 1, 2015)
Updated Research Report (Dated April 17, 2015)
Updated Research Report (Dated December 9, 2014)
Updated Research Report (Dated August 21, 2014)
Updated Research Report (Dated June 20, 2014)
Initial Research Report (Dated December 18, 2013)

Disclaimer

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