Research Analysts Issue Forecasts for Air Industries Group Inc’s Q3 2018 Earnings (AIRI)

Air Industries Group Inc (NYSEAMERICAN:AIRI) – Investment analysts at Taglich Brothers issued their Q3 2018 earnings per share (EPS) estimates for Air Industries Group in a research note issued on Tuesday. Taglich Brothers analyst J. Nobile anticipates that the aerospace company will post earnings of ($0.01) per share for the quarter. Taglich Brothers also issued estimates for Air Industries Group’s Q4 2018 earnings at $0.01 EPS.

Separately, Zacks Investment Research downgraded Air Industries Group from a “hold” rating to a “sell” rating in a research note on Friday, December 29th.

Shares of Air Industries Group (AIRI) traded up $0.01 on Thursday, hitting $1.41. The stock had a trading volume of 4,543 shares, compared to its average volume of 69,440. The firm has a market cap of $32.85, a P/E ratio of -0.68 and a beta of 0.32. Air Industries Group has a 12 month low of $1.15 and a 12 month high of $4.50.

Air Industries Group (NYSEAMERICAN:AIRI) last issued its earnings results on Wednesday, November 15th. The aerospace company reported ($0.20) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.14) by ($0.06). Air Industries Group had a negative net margin of 16.67% and a negative return on equity of 42.31%.

An institutional investor recently bought a new position in Air Industries Group stock. Virtu Financial LLC purchased a new position in Air Industries Group Inc (NYSEAMERICAN:AIRI) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 80,827 shares of the aerospace company’s stock, valued at approximately $137,000. Virtu Financial LLC owned 0.35% of Air Industries Group at the end of the most recent quarter.

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Air Industries Group Company Profile

Air Industries Group is an aerospace and defense company. The Company 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 operates in three segments: Complex Machining, Aerostructures and Electronics and Turbine Engine Components.

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