Air T (AIRT) AI Stock Analysis

• Market Cap: $59.47M
• Dividend Yield: N/A
• Average Volume (3M): 942.00
• Price to Earnings (P/E): ―
• Beta (1Y): >-0.01
• Revenue Growth: -1.72%
• EPS Growth: -137.31%
• Country: US
• Employees: 624
• Sector: Industrials
• Sector Strength: 72
• Industry: Integrated Freight & Logistics
• EPS (TTM): -0.91
• Shares Outstanding: 2,702,639
• 10 Day Avg. Volume: 705
• 30 Day Avg. Volume: 942
• PEG Ratio: 0.96
• Price to Book (P/B): -14.45
• Price to Sales (P/S): 0.16
• P/FCF Ratio: 5.95
• Enterprise Value/Market Cap: 4.02
• Enterprise Value/Revenue: 0.88
• Enterprise Value/Gross Profit: 4.40
• Enterprise Value/Ebitda: 35.89
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 47 Neutral
• Price Target: $22.50 ▲(10.02% Upside)
• Action: Reiterated Date: 03/24/26
• Date: Action: Reiterated 03/24/26

The score is held down primarily by weak financial performance—negative equity, high leverage, and a sharp TTM swing to negative cash flow alongside continued losses. Technicals are more neutral/constructive (price above key moving averages with a positive MACD), and recent corporate actions are directionally positive, but they do not offset the balance-sheet and cash-generation risks; valuation support is limited due to losses and no stated dividend yield.

Positive Factors

Expanded aviation asset management scale

The Arena Aviation acquisition materially scales Crestone’s aviation lifecycle platform and AUM, creating a larger fee-generating asset-management business with global offices. This scale can deepen client relationships, improve pricing power on lease & management fees, and diversify income over the medium term.

Negative Factors

Negative shareholders' equity and high leverage

Negative equity and elevated debt materially weaken the capital structure, limiting borrowing capacity and increasing creditor scrutiny. This structural leverage reduces financial flexibility for investments or acquisitions, raises refinancing risk, and can constrain strategic execution over coming quarters.

Air T Business Overview & Revenue Model

Company Description

Air T, Inc., through its subsidiaries, provides overnight air cargo, ground equipment sale, and commercial jet engines and parts, and printing equipment and maintenance services in the United States and internationally. The company's Overnight Air...

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Air T, Inc., through its subsidiaries, provides overnight air cargo, ground equipment sale, and commercial jet engines and parts, and printing equipment and maintenance services in the United States and internationally. The company's Overnight Air...

How the Company Makes Money

Air T generates revenue primarily through its operating subsidiaries. In air cargo, it earns contract revenue by providing scheduled air freight services on specified routes using its aircraft and crews; historically, a significant portion of this...

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Air T generates revenue primarily through its operating subsidiaries. In air cargo, it earns contract revenue by providing scheduled air freight services on specified routes using its aircraft and crews; historically, a significant portion of this...

Air T Financial Statement Overview

Breakdown	TTM	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement
Total Revenue	272.47M	291.85M	286.83M	247.32M	177.08M	175.12M
Gross Profit	54.37M	60.19M	52.38M	48.83M	39.38M	31.67M
EBITDA	6.67M	7.97M	5.53M	741.00K	20.06M	-4.32M
Net Income	-6.76M	-6.14M	-6.82M	-12.29M	10.93M	-7.28M
Balance Sheet
Total Assets	381.76M	173.78M	177.17M	189.56M	207.60M	140.75M
Cash, Cash Equivalents and Short-Term Investments	43.50M	6.35M	7.10M	5.81M	6.47M	12.40M
Total Debt	224.50M	129.12M	125.20M	137.52M	143.99M	95.94M
Total Liabilities	375.87M	168.24M	158.37M	163.87M	171.12M	119.44M
Stockholders Equity	-1.17M	-3.22M	4.77M	11.90M	24.61M	13.72M
Cash Flow
Free Cash Flow	-22.26M	7.82M	16.10M	15.73M	-34.64M	-7.82M
Operating Cash Flow	-20.88M	23.50M	17.18M	16.91M	-33.08M	-1.82M
Investing Cash Flow	3.60M	-20.19M	-2.50M	-6.17M	-33.39M	2.52M
Financing Cash Flow	40.96M	-4.80M	-13.91M	-12.38M	59.25M	71.00K

Air T Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 20.45
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AIRT, the sentiment is Neutral. The current price of 20.45 is below the 20-day moving average (MA) of 21.93, below the 50-day MA of 22.30, and below the 200-day MA of 21.85, indicating a neutral trend. The MACD of 0.11 indicates Positive momentum. The RSI at 48.49 is Neutral, neither overbought nor oversold. The STOCH value of 52.96 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for AIRT.

Air T Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
SFWL	59 Neutral	$74.41M	3.59	9.73%	―	21.10%	31.75%
PAL	58 Neutral	$175.89M	-7.95	-10.08%	―	―	―
PSIG	51 Neutral	$51.91M	―	-41.14%	―	―	―
AIRT	47 Neutral	$59.47M	-5.27	302.22%	―	-1.72%	-137.31%

Air T Corporate Events