Air Industries Group chart

Last update: 2022-12-30
Key statistics and financials
Revenue per share 17.00
Dividend & YieldN/A$ (N/A)
Beta 0.86
Market capitalization 16.24M
Operating cash flow 1.48M
ESG Scores unknown

Company description

Air Industries Group, an aerospace and defense company, designs, manufactures, and sells structural parts and assemblies for mission-critical aerospace and defense applications, and a prime contractor to the U.S. Department of Defense in the United States. The company operates through two segments, Complex Machining and Turbine and Engine Component. The Complex Machining segment offers aircraft landing and arresting gears, engine mounts, flight controls, throttle quadrants, and other components. Its products are deployed on a range of military and commercial aircraft, including Sikorsky's UH-60 Blackhawk, Lockheed Martin F-35 Joint Strike Fighter, Northrop Grumman E2D Hawkeye, the US Navy F-18, and USAF F-16 and F-15 fighter aircraft. The Turbine and Engine Component segment makes components and provides services for aircraft jet engines and ground-power turbines. Its jet engine components are used on the USAF F-15 and F-16, the Airbus A-330, the Boeing 777, and others, as well as ground-power turbine applications. The company's products are used by original equipment manufacturers in the manufacture of fixed wing aircraft, helicopters jet turbine engines, and other complex aerospace and defense products. Air Industries Group was founded in 1979 and is headquartered in Bay Shore, New York.

Sector: Industrials - Industry: Aerospace & Defense

Financial Ratios
Quick Ratio0.48
Working Capital0.09
Return On Equity0.09
Debt To Equity0.52
Fixed Asset Ratio0.13
Fixed Interest Cover1.97

Financial data

Financial Statements

Cashflow Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Change To Liabilities 507k -840k 181k -1.04M
Total Cashflows From Investing Activities 3.69M -764k -3.8M -1.36M
Net Borrowings -2.73M 250k 5.78M -4.58M
Total Cash From Financing Activities 33k 934k 6.53M -4.58M
Change To Operating Activities -1.07M -1.35M -231k -1.26M
Issuance Of Stock 2.88M 984k 984k
Net Income -10.99M -2.73M 1.1M 1.63M
Change In Cash 1.38M -718k 1.21M -1.88M
Effect Of Exchange Rate
Total Cash From Operating Activities -2.34M -888k -1.52M 4.06M
Depreciation 2.88M 3.47M 3.05M 3.29M
Change To Account Receivables -561k -1.65M -1.04M -1.59M
Other Cashflows From Financing Activities -125k 684k -226k
Change To Netincome 3.69M 1.24M -1.42M 301k
Capital Expenditures -1.26M -764k -3.8M -1.36M

Income Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Research Development
Income Before Tax -8.55M -2.56M -86k 1.63M
Net Income -10.99M -2.73M 1.1M 1.63M
Selling General Administrative 8.31M 8.54M 7.95M 7.77M
Gross Profit 5.45M 9.14M 6.51M 10.25M
Ebit -2.87M 603k -1.44M 2.49M
Operating Income -2.87M 603k -1.44M 2.49M
Interest Expense -3.92M -3.56M -1.49M -1.26M
Income Tax Expense 3k 37k -1.41M
Total Revenue 44.53M 54.57M 50.1M 58.94M
Cost Of Revenue 39.09M 45.43M 43.59M 48.69M
Total Other Income ExpenseNet -5.68M -3.16M 1.35M -860k
Net Income From Continuing Ops -8.55M -2.6M 1.33M 1.63M
Net Income Applicable To Common Shares -10.99M -2.73M 1.1M 1.63M

Balance Sheet Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Total Liabilities 36.15M 40.88M 42.67M 36.04M
Total Stockholder Equity 11.61M 10.21M 15.11M 17.39M
Other Current Liabilities 939k 1.28M 1.47M 1.88M
Total Assets 47.76M 51.09M 57.78M 53.42M
Common Stock 28k 29k 32k 32k
Other Current Assets
Retained Earnings -64.52M -67.26M -66.16M -64.53M
Treasury Stock
Cash 2.01M 1.29M 2.5M 627k
Total Current Liabilities 29.01M 32.62M 27.33M 23.4M
Other Stockholder Equity
Property, Plant, and Equipment 8.78M 11.2M 13.09M 11.42M
Total Current Assets 38.05M 38.24M 43.61M 40.88M
Net Tangible Assets 11.44M 10.04M 14.95M 17.23M
Net Receivables 6.52M 7.86M 8.8M 10.47M
Accounts Payable 6.78M 6.58M 7.24M 5.46M


Insider Transactions

Here are the insider transactions of stock shares related to Air Industries Group:

Filer Name Transaction Text Ownership Date Filer Relation Shares
TAGLICH MICHAEL NPurchase at price 0.92 per share.D2021-12-06Director7.65k
MELLUZZO LUCIANO MPurchase at price 0.94 per share.D2021-12-06President10k
BRAND MICHAELPurchase at price 1.20 per share.D2021-08-24Director10k
TAGLICH MICHAEL NPurchase at price 1.25 per share.D2021-08-09Director10k
TAGLICH ROBERT F.Purchase at price 1.25 per share.D2021-08-09Director and Beneficial Owner of more than 10% of a Class of Security10k
TAGLICH MICHAEL NPurchase at price 1.13 per share.D2021-05-18Director20k
TAGLICH ROBERT F.Purchase at price 1.13 per share.D2021-05-18Director and Beneficial Owner of more than 10% of a Class of Security20k
RICHMOND DAVID SSale at price 1.19 - 1.26 per share.I2020-12-16Beneficial Owner of more than 10% of a Class of Security88.59k
TAGLICH MICHAEL NPurchase at price 1.65 per share.D2020-04-07Director and Beneficial Owner of more than 10% of a Class of Security45k
BRAND MICHAELPurchase at price 1.10 per share.I2020-03-27Director6k
RICHMOND DAVID SPurchase at price 0.73 - 0.76 per share.I2020-03-24Beneficial Owner of more than 10% of a Class of Security20.88k
MELLUZZO LUCIANO MPurchase at price 1.58 per share.D2020-02-05President10k
MELLUZZO LUCIANO MPurchase at price 1.58 per share.D2020-02-03President10k
RETTALIATA PETER DSale at price 1.00 per share.D2019-08-13Director46.67k
TAGLICH MICHAEL NPurchase at price 0.83 per share.D2019-01-04Director and Beneficial Owner of more than 10% of a Class of Security17.31k
TAGLICH ROBERT F.Purchase at price 0.83 per share.D2019-01-04Director and Beneficial Owner of more than 10% of a Class of Security17.31k
MELLUZZO LUCIANO MPurchase at price 0.76 - 0.81 per share.D2018-12-26President30k
MELLUZZO LUCIANO MPurchase at price 0.76 - 0.81 per share.D2018-12-26President30k
RICHMOND DAVID SPurchase at price 3.37 per share.I2018-11-30Beneficial Owner of more than 10% of a Class of Security4.5k
RICHMOND DAVID SPurchase at price 1.11 per share.I2018-11-30Beneficial Owner of more than 10% of a Class of Security4.5k
RICHMOND DAVID SI2018-10-01Beneficial Owner of more than 10% of a Class of Security800k
MELLUZZO LUCIANO MPurchase at price 1.42 - 1.45 per share.D2018-08-30President30k
RICHMOND DAVID SPurchase at price 1.43 per share.I2018-08-08Beneficial Owner of more than 10% of a Class of Security1.25k
RICHMOND DAVID SPurchase at price 1.38 - 1.70 per share.I2018-06-14Beneficial Owner of more than 10% of a Class of Security47.36k
TAGLICH MICHAEL NPurchase at price 1.68 per share.D2018-05-21Director and Beneficial Owner of more than 10% of a Class of Security178.57k
TAGLICH ROBERT F.Purchase at price 1.68 per share.D2018-05-21Director and Beneficial Owner of more than 10% of a Class of Security17.86k
TAGLICH MICHAEL NPurchase at price 1.38 per share.D2017-11-29Director and Beneficial Owner of more than 10% of a Class of Security144.93k
TAGLICH MICHAEL NPurchase at price 1.38 per share.D2017-11-29Director and Beneficial Owner of more than 10% of a Class of Security144.93k
TAGLICH ROBERT F.Purchase at price 1.38 per share.D2017-11-29Director72.46k
TAGLICH ROBERT F.Purchase at price 1.38 per share.D2017-11-29Director and Beneficial Owner of more than 10% of a Class of Security72.46k
TAGLICH MICHAEL NConversion of Exercise of derivative security at price 1.50 per share.D/I2017-10-03Director and Beneficial Owner of more than 10% of a Class of Security2.76M
TAGLICH MICHAEL NConversion of Exercise of derivative security at price 1.50 per share.D/I2017-10-03Director and Beneficial Owner of more than 10% of a Class of Security2.62M
TAGLICH MICHAEL NConversion of Exercise of derivative security at price 1.50 per share.I2017-10-03Director and Beneficial Owner of more than 10% of a Class of Security137.19k
BUONANNO DAVID JConversion of Exercise of derivative security at price 1.50 per share.D2017-10-03Director18.65k
BUONANNO DAVID JConversion of Exercise of derivative security at price 1.50 per share.D2017-10-03Director18.65k
TAGLICH ROBERT F.Conversion of Exercise of derivative security at price 1.50 per share.D/I2017-10-03Director1.59M
TAGLICH ROBERT F.Conversion of Exercise of derivative security at price 1.50 per share.D/I2017-10-03Director and Beneficial Owner of more than 10% of a Class of Security1.41M
TAGLICH ROBERT F.Conversion of Exercise of derivative security at price 1.50 per share.I2017-10-03Director and Beneficial Owner of more than 10% of a Class of Security181.95k
TAGLICH MICHAEL NStock Award(Grant) at price 1.36 per share.D2017-08-03Director and Beneficial Owner of more than 10% of a Class of Security41.53k
SCHROEDER ROBERT CStock Award(Grant) at price 1.36 per share.D2017-08-03Director10.33k
SCHROEDER ROBERT CStock Award(Grant) at price 1.36 per share.D2017-08-03Director10.33k
TAGLICH ROBERT F.Stock Award(Grant) at price 1.36 per share.D2017-08-03Director41.53k
BRAND MICHAELStock Award(Grant) at price 1.36 per share.D2017-08-03Director20.66k
BRAND MICHAELStock Award(Grant) at price 1.36 per share.D2017-08-03Director20.66k
SIEGEL SEYMOUR GConversion of Exercise of derivative security at price 2.95 per share.D2016-06-29Director3k
TAGLICH MICHAEL NConversion of Exercise of derivative security at price 2.95 per share.D2016-06-29Director3k
TAGLICH MICHAEL NConversion of Exercise of derivative security at price 2.95 per share.D2016-06-29Director and Beneficial Owner of more than 10% of a Class of Security3k
BUONANNO DAVID JConversion of Exercise of derivative security at price 2.95 per share.D2016-06-29Director3k
BUONANNO DAVID JConversion of Exercise of derivative security at price 2.95 per share.D2016-06-29Director3k
SCHROEDER ROBERT CConversion of Exercise of derivative security at price 2.95 per share.D2016-06-29Director3k
SCHROEDER ROBERT CConversion of Exercise of derivative security at price 2.95 per share.D2016-06-29Director3k

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to Air Industries Group. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on Air Industries Group

Here is the result of two systematic investment strategies applied to Air Industries Group. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on Air Industries Group

The following chart shows the equity curve of the two systematic investment strategies applied to Air Industries Group:

Air Industries Group automated entries

The systematic investment strategy that buys the first day of the month would give a performance of -16.29% on the backtest period.

Performance at glance

Performance

-16.29 %

Latent gain

-366.47 $

Invested capital

2250.14 $

Annualized return

-3.93 %
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Momentum strategy results on Air Industries Group

This is the result of two momentum investment strategies applied to Air Industries Group. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on Air Industries Group

The following chart shows all the entries opened by the momentum investment system on Air Industries Group:

Air Industries Group momentum entries
  • The first momentum investment strategy would give -5.54% of return on Air Industries Group. That represents -249.52$ of latent gain with 4500.82$ of employed capital.
  • The second momentum investment strategy would give -6.37% of return on Air Industries Group. That represents -238.96$ of latent gain with 3753.22$ of employed capital.
Performance at glance (1Q Momentum)

Performance

-5.54 %

Latent gain

-249.52 $

Invested capital

4500.82 $

Annualized return

0.0 %
Performance at glance (2Q Momentum)

Performance

-6.37 %

Latent gain

-238.96 $

Invested capital

3753.22 $

Annualized return

-1.74 %

Momentum equity curve on Air Industries Group

The following chart shows the equity curve of the two momentum strategies applied to Air Industries Group:

Air Industries Group momentum equity

Note: the dividends potentially given by Air Industries Group are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Air Industries Group

The following chart shows the employed capital evolution of the two momentum strategies on Air Industries Group since the beginning:

Air Industries Group

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Buy the dip strategy result on Air Industries Group

Buy the dip entry openings on Air Industries Group

Air Industries Group

The performance achieved by the robo-advisor on Air Industries Group is 0%. That represents 0.0$ of latent gain with 0.0$ of employed capital. The following chart shows Air Industries Group stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of Air Industries Group, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

0 %

Latent gain

0.0 $

Invested capital

0.0 $

Annualized return

0.0 %

Equity curve of the strategy applied to Air Industries Group

The following chart shows the result of the investment strategy applied to Air Industries Group:

Air Industries Group

Note: the dividends potentially given by Air Industries Group are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Air Industries Group

The following chart shows the employed capital evolution since the beginning of the investment strategy on Air Industries Group:

Air Industries Group

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on Air Industries Group

In this section, I will compare the three previous investment strategies applied to Air Industries Group.

Equity curve comparison on Air Industries Group

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

Air Industries Group investment strategy comparison

Employed capital comparison on Air Industries Group

Air Industries Group investment comparison

Performance comparison on Air Industries Group

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment -16.29% -366.47$ 2250.14$ -3.93%
Momentum 1 quarter -5.54% -249.52$ 4500.82$ -1.42%
Momentum 2 quarters -6.37% -238.96$ 3753.22$ -1.74%
Non-directional 0% 0.0$ 0.0$ 0.0%
Annualized return comparison

Automatic investment

-3.93 %

Momentum 1Q

-1.74 %

Momentum 2Q

-1.74 %

Non-directional

0.0 %

Correlated stocks

Here are the most positively and negatively correlated stocks with Air Industries Group:

Negative correlation

Most negatively correlated stocks this year


Most negatively correlated stocks last 3 months

  • TIME INTERCON

  • Note: The algorithm computes the probability of correlation between Air Industries Group and the other stocks. There may be false positives or some missing correlated stocks. If the price of Air Industries Group does not vary for 36 weeks, the correlation calculation result will be wrong.


    Company information

    Company name Air Industries Group
    Country United States
    City Bay Shore
    Address 1460 Fifth Avenue
    Phone 631 968 5000
    Website www.airindustriesgroup.com
    FullTime employees 197
    Industry Aerospace & Defense
    Sector Industrials
    Exchange XNYS
    Ticker AIRI
    Market www.nyse.com

    Air Industries Group ESG Scores

    Environment scores

    Environment ESG Factors Scores
    Environment Score 0
    Peer Environment Performance unknown
    Environment Percentile unknown
    Palm Oil unknown
    Nuclear unknown
    Fur Leather unknown
    GMO unknown
    Coal unknown
    Pesticides unknown
    Animal Testing unknown

    Social scores

    Social ESG Factors Scores
    Social Score 0
    Peer Social Performance unknown
    Social Percentile unknown
    Highest Controversy unknown
    Peer Highest Controversy Performance unknown
    Adult unknown
    Gambling unknown
    Alcoholic unknown
    Tobacco unknown
    Catholic unknown
    Controversial Weapons unknown
    Small Arms unknown
    Military Contract unknown
    Peer Count unknown

    Related Controversy:


    Governance scores

    Governance ESG Factors Scores
    Governance Score 0
    Peer Governance Performance unknown
    Governance Percentile unknown

    ESG at glance
    Total ESG Scores: unknown
    Environment Score: 0
    Social Score: 0
    Governance Score: 0

    ESG Performance: unknown

    Peer Group: unknown

    Peer Esg Score Performance: unknown

    Rating Year: unknown

    Rating Month: unknown

    Max Age: unknown

    Percentile: unknown