Air T (AIRT) and The Competition Head-To-Head Analysis

Air T (NASDAQ:AIRT) is one of 60 public companies in the “Air Freight & Logistics” industry, but how does it weigh in compared to its rivals? We will compare Air T to similar companies based on the strength of its earnings, dividends, analyst recommendations, profitability, institutional ownership, risk and valuation.

Institutional and Insider Ownership

8.9% of Air T shares are held by institutional investors. Comparatively, 42.7% of shares of all “Air Freight & Logistics” companies are held by institutional investors. 68.6% of Air T shares are held by insiders. Comparatively, 18.3% of shares of all “Air Freight & Logistics” companies are held by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock is poised for long-term growth.

Earnings and Valuation

This table compares Air T and its rivals gross revenue, earnings per share and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Air T	$327.09 million	$77.98 million	0.97
Air T Competitors	$12.21 billion	$608.26 million	14.27

Air T’s rivals have higher revenue and earnings than Air T. Air T is trading at a lower price-to-earnings ratio than its rivals, indicating that it is currently more affordable than other companies in its industry.

Volatility & Risk

Air T has a beta of 0.3, meaning that its share price is 70% less volatile than the S&P 500. Comparatively, Air T’s rivals have a beta of 0.87, meaning that their average share price is 13% less volatile than the S&P 500.

Analyst Recommendations

This is a summary of current ratings and price targets for Air T and its rivals, as reported by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Air T	1	0	0	0	1.00
Air T Competitors	597	1966	2537	104	2.41

As a group, “Air Freight & Logistics” companies have a potential upside of 18.85%. Given Air T’s rivals stronger consensus rating and higher possible upside, analysts plainly believe Air T has less favorable growth aspects than its rivals.

Dividends

Air T pays an annual dividend of $0.30 per share and has a dividend yield of 1.1%. Air T pays out 1.0% of its earnings in the form of a dividend. As a group, “Air Freight & Logistics” companies pay a dividend yield of 2.6% and pay out 40.7% of their earnings in the form of a dividend.

Profitability

This table compares Air T and its rivals’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Air T	23.84%	416.49%	26.76%
Air T Competitors	-461.09%	-1.84%	-8.34%

Summary

Air T rivals beat Air T on 10 of the 15 factors compared.

About Air T

Air T, Inc., through its subsidiaries, provides overnight air cargo, ground equipment sale, and commercial jet engines and parts in the United States and internationally. The Overnight Air Cargo segment offers air express delivery services. As of March 31, 2023, this segment had 85 aircraft under the dry-lease agreements with FedEx. The Ground Equipment Sales segment manufactures, sells, and services aircraft deicers, scissor-type lifts, military and civilian decontamination units, flight-line tow tractors, glycol recovery vehicles, and other specialized equipment. This segment sells its products to passenger and cargo airlines, ground handling companies, the United States Air Force, airports, and industrial customers. The Commercial Aircraft, Engines and Parts segment offers commercial aircraft trading, leasing, and parts solutions; commercial aircraft storage, storage maintenance, and aircraft disassembly/part-out services; commercial aircraft parts sales, exchanges, procurement services, consignment programs, and overhaul and repair services; and aircraft instrumentation, avionics, and a range of electrical accessories for civilian, military transport, regional/commuter and business/commercial jet, and turboprop aircraft. This segment also provides composite aircraft structures, and repair and support services. Air T, Inc. was incorporated in 1980 and is based in Denver, North Carolina.