Air T (AIRT) and The Competition Critical Comparison

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

Valuation & Earnings

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

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	23.84%	416.49%	26.76%
Air T Competitors	-461.09%	-1.84%	-8.34%

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.

Analyst Ratings

This is a summary of recent recommendations and price targets 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	597	1966	2537	104	2.41

As a group, “Air Freight & Logistics” companies have a potential upside of 18.85%. 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 0.3, indicating that its share price is 70% less volatile than the S&P 500. Comparatively, Air T’s peers have a beta of 0.87, indicating that their average share price is 13% less volatile than the S&P 500.

Insider & Institutional Ownership

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

Summary

Air T peers beat Air T on 10 of the 15 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.