Head to Head Review: Air T (AIRT) and Its Peers

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 peers? We will compare Air T to related businesses based on the strength of its profitability, analyst recommendations, risk, institutional ownership, dividends, earnings and valuation.

Profitability

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

	Net Margins	Return on Equity	Return on Assets
Air T	17.17%	176.42%	17.67%
Air T Competitors	-1,605.68%	-24.14%	-12.60%

Valuation and Earnings

This table compares Air T and its peers gross revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Air T	$327.09 million	$77.98 million	1.22
Air T Competitors	$12.01 billion	$591.75 million	13.43

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

Analyst Ratings

This is a summary of current ratings and recommmendations for Air T and its peers, as provided 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	616	1973	2539	105	2.41

As a group, “Air Freight & Logistics” companies have a potential upside of 17.18%. Given Air T’s peers stronger consensus rating and higher possible upside, analysts clearly believe Air T has less favorable growth aspects than its peers.

Risk & Volatility

Air T has a beta of 0.27, suggesting that its stock price is 73% less volatile than the S&P 500. Comparatively, Air T’s peers have a beta of 0.88, suggesting that their average stock price is 12% less volatile than the S&P 500.

Insider and Institutional Ownership

8.9% of Air T shares are held by institutional investors. Comparatively, 42.6% of shares of all “Air Freight & Logistics” companies are held by institutional investors. 68.5% of Air T shares are held by company insiders. Comparatively, 18.4% of shares of all “Air Freight & Logistics” companies are held by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock will outperform the market over the long term.

Summary

Air T peers beat Air T on 9 of the 13 factors compared.

Air T Company Profile

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.