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Saker Aviation Services Inc (SKAS)
OTHER OTC:SKAS
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Saker Aviation Services (SKAS) AI Stock Analysis

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SKAS

Saker Aviation Services

(OTC:SKAS)

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Neutral 68 (OpenAI - 4o)
Rating:68Neutral
Price Target:
Saker Aviation Services has a strong financial foundation with good growth prospects, reflected in its valuation. However, current technical indicators point to a bearish trend, and recent financial challenges, including cash flow issues, require attention. The lack of insights from the earnings call further adds uncertainty. Despite these concerns, the company's low valuation presents potential opportunities for investors.

Saker Aviation Services (SKAS) vs. SPDR S&P 500 ETF (SPY)

Saker Aviation Services Business Overview & Revenue Model

Company DescriptionSaker Aviation Services (SKAS) is a provider of aviation services that operates in the aviation support industry. The company offers a range of services including aircraft maintenance, repair, and overhaul (MRO) services, as well as fixed-base operations (FBO) that provide fueling, hangaring, and ground handling services for private and commercial aircraft. Saker Aviation is committed to delivering high-quality services to enhance the safety and efficiency of aviation operations.
How the Company Makes MoneySaker Aviation Services generates revenue primarily through its fixed-base operations (FBO) and maintenance, repair, and overhaul (MRO) services. The FBO services account for a significant portion of the company's income by providing essential services to private and commercial aircraft, such as fueling, hangaring, and ground handling. These services are critical for aircraft operators who rely on Saker Aviation's facilities and expertise to maintain flight readiness and operational efficiency. Additionally, the company's MRO services contribute to its revenue by offering specialized maintenance and repair solutions that ensure aircraft are safe and compliant with aviation regulations. Revenue is also supported by strategic partnerships and contracts with airlines, aviation operators, and other stakeholders in the aviation sector, which provide a stable and recurring income stream.

Saker Aviation Services Financial Statement Overview

Summary
Saker Aviation Services shows strong revenue growth and a robust balance sheet with zero debt, indicating financial stability. However, recent declines in profitability and cash flow metrics suggest challenges that need addressing. Overall, the financial performance is solid but with areas needing improvement.
Income Statement
78
Positive
The company has shown significant revenue growth from 2020 to 2024, with a positive revenue growth rate of approximately 18.2% over the period. However, the recent TTM period shows a slight decrease in gross profit margin from 71.07% to 57.01%, indicating some cost pressures. Net profit margin declined in the TTM period due to a decrease in net income, but overall profitability remains strong.
Balance Sheet
85
Very Positive
Saker Aviation Services maintains a robust balance sheet with zero debt, resulting in a strong debt-to-equity ratio. The equity ratio is high, reflecting financial stability and low leverage. The return on equity has been fluctuating but remains solid at 15.54% for the TTM period, indicating effective use of shareholder funds.
Cash Flow
65
Positive
The company experienced a significant decline in free cash flow in the TTM period, largely due to high capital expenditures. Operating cash flow to net income is negative, suggesting temporary cash management challenges. However, historical free cash flow to net income ratios were healthier, indicating potential for recovery.
BreakdownTTMDec 2024Dec 2023Dec 2022Dec 2021Dec 2020
Income Statement
Total Revenue6.47M9.17M8.84M7.60M5.38M3.51M
Gross Profit3.17M4.68M6.28M4.61M2.55M980.93K
EBITDA675.14K2.65M3.74M207.50K569.54K-2.04M
Net Income317.90K1.25M2.45M1.25M726.18K-1.75M
Balance Sheet
Total Assets9.34M10.88M10.61M6.91M5.60M5.00M
Cash, Cash Equivalents and Short-Term Investments8.70M8.85M9.48M5.55M1.22M1.90M
Total Debt0.000.000.000.00440.25K725.07K
Total Liabilities393.29K1.21M2.29M1.13M1.14M1.09M
Stockholders Equity8.95M9.68M8.32M5.78M4.46M3.91M
Cash Flow
Free Cash Flow-853.10K-667.73K3.32M1.70M732.21K-1.60M
Operating Cash Flow-780.98K-599.58K3.34M1.71M813.75K-1.59M
Investing Cash Flow-180.15K-1.03M-2.39M1.42M-81.54K-4.91K
Financing Cash Flow0.000.000.00393.38K-184.38K-103.05K

Saker Aviation Services Technical Analysis

Technical Analysis Sentiment
Positive
Last Price7.99
Price Trends
50DMA
7.59
Positive
100DMA
7.71
Positive
200DMA
7.72
Positive
Market Momentum
MACD
0.08
Negative
RSI
56.30
Neutral
STOCH
99.67
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SKAS, the sentiment is Positive. The current price of 7.99 is above the 20-day moving average (MA) of 7.57, above the 50-day MA of 7.59, and above the 200-day MA of 7.72, indicating a bullish trend. The MACD of 0.08 indicates Negative momentum. The RSI at 56.30 is Neutral, neither overbought nor oversold. The STOCH value of 99.67 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for SKAS.

Saker Aviation Services Risk Analysis

Saker Aviation Services disclosed 16 risk factors in its most recent earnings report. Saker Aviation Services reported the most risks in the "Finance & Corporate" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks

Saker Aviation Services Peers Comparison

Overall Rating
UnderperformOutperform
Sector (63)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
79
Outperform
$11.08B29.4011.46%0.08%22.95%-1.01%
68
Neutral
$7.97M26.713.64%-28.64%-84.17%
58
Neutral
$2.02B56.89-53.47%-4.74%
41
Neutral
$4.52B-1.9281.63%-2.60%-94.76%
63
Neutral
$10.79B15.437.44%2.01%2.89%-14.66%
* Industrials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
SKAS
Saker Aviation Services
6.51
-3.99
-38.00%
SRTA
Strata Critical Medical
5.16
1.89
57.80%
FLYX
flyExclusive
4.12
1.52
58.46%
SOAR
Volato Group
1.84
-6.30
-77.40%
SRFM
Surf Air Mobility, Inc.
4.48
2.83
171.52%
FLYYQ
Spirit Aviation Holdings Inc
0.38
-7.97
-95.45%

Saker Aviation Services Corporate Events

Executive/Board Changes
Saker Aviation Services Announces Leadership Change
Neutral
Dec 12, 2024

Saker Aviation Services announced that Samuel Goldstein has departed from his roles as President, CEO, Treasurer, Secretary, and Director of the Company effective December 6, 2024. He is succeeded by William Wachtel, who has been involved with the company’s board since 2005 and is a managing partner at Wachtel Missry LLP. This leadership change is not linked to any disputes regarding company operations or policies. Wachtel’s appointment is expected to maintain stability within the company’s leadership due to his extensive experience and previous associations with the board.

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Jan 02, 2025