Is Airgain Stock a Good Investment?
Airgain Investment Advice | AIRG |
- Examine Airgain's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Airgain's leadership team and their track record. Good management can help Airgain navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Electronic Equipment, Instruments & Components space and any emerging trends that could impact Airgain's business and its evolving consumer preferences.
- Compare Airgain's performance and market position to its competitors. Analyze how Airgain is positioned in terms of product offerings, innovation, and market share.
- Check if Airgain pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Airgain's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Airgain stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Airgain is a good investment.
Sell | Buy |
Buy
Market Performance | Modest | Details | |
Volatility | Somewhat reliable | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Almost neglects market trends | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Strong Buy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unavailable | Details |
Examine Airgain Stock
Researching Airgain's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 12.0% of the company shares are held by company insiders. The book value of Airgain was presently reported as 3.0. The company has Price/Earnings To Growth (PEG) ratio of 1.36. Airgain recorded a loss per share of 1.15. The entity had not issued any dividends in recent years.
To determine if Airgain is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Airgain's research are outlined below:
| Airgain had very high historical volatility over the last 90 days | |
| The company reported the previous year's revenue of 56.04 M. Net Loss for the year was (12.43 M) with profit before overhead, payroll, taxes, and interest of 27.97 M. | |
| Airgain currently holds about 9.45 M in cash with (3.3 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.93. | |
| Roughly 12.0% of the company shares are held by company insiders | |
| Latest headline from investing.com: Airgain CFO Michael Elbaz sells shares worth 61,623 |
Airgain Quarterly Cash And Short Term Investments |
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Airgain uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Airgain. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Airgain's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 14th of March 2024 Upcoming Quarterly Report | View | |
| 9th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 14th of March 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Earnings surprises can significantly impact Airgain's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises Airgain's investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2024-08-06 | 2024-06-30 | -0.06 | -0.05 | 0.01 | 16 | ||
2024-05-08 | 2024-03-31 | -0.07 | -0.08 | -0.01 | 14 | ||
2023-08-10 | 2023-06-30 | -0.02 | -0.01 | 0.01 | 50 | ||
2021-02-18 | 2020-12-31 | 0.03 | 0.02 | -0.01 | 33 | ||
2018-05-03 | 2018-03-31 | -0.06 | -0.07 | -0.01 | 16 | ||
2017-11-09 | 2017-09-30 | 0.06 | 0.05 | -0.01 | 16 | ||
2022-11-10 | 2022-09-30 | 0.044 | 0.06 | 0.016 | 36 | ||
2023-05-11 | 2023-03-31 | -0.06 | -0.08 | -0.02 | 33 |
Know Airgain's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Airgain is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Airgain backward and forwards among themselves. Airgain's institutional investor refers to the entity that pools money to purchase Airgain's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | U.s. Bancorp | 2024-06-30 | 64.2 K | Northern Trust Corp | 2024-09-30 | 38.3 K | Lpl Financial Corp | 2024-06-30 | 37.6 K | State Street Corp | 2024-06-30 | 35.6 K | Citadel Advisors Llc | 2024-06-30 | 34 K | Rbf Llc | 2024-06-30 | 25 K | Bank Of Montreal | 2024-06-30 | 21.5 K | Bmo Capital Markets Corp. | 2024-06-30 | 21.5 K | Neuberger Berman Group Llc | 2024-06-30 | 20 K | Blair William & Co | 2024-06-30 | 815.4 K | Ameriprise Financial Inc | 2024-06-30 | 660.8 K |
Airgain's market capitalization trends
The company currently falls under 'Micro-Cap' category with a current market capitalization of 97.34 M.Market Cap |
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Airgain's profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | (0.54) | (0.51) | |
| Return On Capital Employed | (0.38) | (0.37) | |
| Return On Assets | (0.29) | (0.28) | |
| Return On Equity | (0.40) | (0.42) |
Determining Airgain's profitability involves analyzing its financial statements and using various financial metrics to determine if Airgain is a good buy. For example, gross profit margin measures Airgain's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Airgain's profitability and make more informed investment decisions.
Airgain's Earnings Breakdown by Geography
Evaluate Airgain's management efficiency
Airgain has return on total asset (ROA) of (0.1704) % which means that it has lost $0.1704 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.3592) %, meaning that it created substantial loss on money invested by shareholders. Airgain's management efficiency ratios could be used to measure how well Airgain manages its routine affairs as well as how well it operates its assets and liabilities. The Airgain's current Return On Tangible Assets is estimated to increase to -0.51. The Airgain's current Return On Capital Employed is estimated to increase to -0.37. At this time, Airgain's Total Current Assets are most likely to increase significantly in the upcoming years. The Airgain's current Intangibles To Total Assets is estimated to increase to 0.47, while Non Current Assets Total are projected to decrease to roughly 14.6 M.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 3.02 | 5.08 | |
| Tangible Book Value Per Share | 1.19 | 1.13 | |
| Enterprise Value Over EBITDA | (3.50) | (3.32) | |
| Price Book Value Ratio | 1.18 | 1.12 | |
| Enterprise Value Multiple | (3.50) | (3.32) | |
| Price Fair Value | 1.18 | 1.12 | |
| Enterprise Value | 85.5 M | 48.7 M |
The strategic initiatives led by Airgain's management are central to its market success. By analyzing these initiatives, we provide a clear picture of the stock's growth prospects.
Beta 0.697 |
Basic technical analysis of Airgain Stock
As of the 22nd of November, Airgain shows the Downside Deviation of 3.15, risk adjusted performance of 0.0727, and Mean Deviation of 2.25. Airgain technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Please confirm Airgain treynor ratio, as well as the relationship between the downside variance and kurtosis to decide if Airgain is priced correctly, providing market reflects its regular price of 8.58 per share. Given that Airgain has jensen alpha of 0.1229, we suggest you to validate Airgain's prevailing market performance to make sure the company can sustain itself at a future point.Airgain's insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Airgain insiders, such as employees or executives, is commonly permitted as long as it does not rely on Airgain's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Airgain insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Airgain's Outstanding Corporate Bonds
Airgain issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Airgain uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Airgain bonds can be classified according to their maturity, which is the date when Airgain has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| Boeing Co 2196 Corp BondUS097023DG73 | View | |
| HSBC Holdings PLC Corp BondUS404280DR76 | View |
Understand Airgain's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Airgain's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | 0.0727 | |||
| Market Risk Adjusted Performance | 0.2055 | |||
| Mean Deviation | 2.25 | |||
| Semi Deviation | 2.86 | |||
| Downside Deviation | 3.15 | |||
| Coefficient Of Variation | 1169.16 | |||
| Standard Deviation | 3.04 | |||
| Variance | 9.25 | |||
| Information Ratio | 0.0495 | |||
| Jensen Alpha | 0.1229 | |||
| Total Risk Alpha | (0.15) | |||
| Sortino Ratio | 0.0478 | |||
| Treynor Ratio | 0.1955 | |||
| Maximum Drawdown | 15.19 | |||
| Value At Risk | (5.67) | |||
| Potential Upside | 5.31 | |||
| Downside Variance | 9.93 | |||
| Semi Variance | 8.21 | |||
| Expected Short fall | (2.50) | |||
| Skewness | (0.46) | |||
| Kurtosis | 0.8826 |
| Risk Adjusted Performance | 0.0727 | |||
| Market Risk Adjusted Performance | 0.2055 | |||
| Mean Deviation | 2.25 | |||
| Semi Deviation | 2.86 | |||
| Downside Deviation | 3.15 | |||
| Coefficient Of Variation | 1169.16 | |||
| Standard Deviation | 3.04 | |||
| Variance | 9.25 | |||
| Information Ratio | 0.0495 | |||
| Jensen Alpha | 0.1229 | |||
| Total Risk Alpha | (0.15) | |||
| Sortino Ratio | 0.0478 | |||
| Treynor Ratio | 0.1955 | |||
| Maximum Drawdown | 15.19 | |||
| Value At Risk | (5.67) | |||
| Potential Upside | 5.31 | |||
| Downside Variance | 9.93 | |||
| Semi Variance | 8.21 | |||
| Expected Short fall | (2.50) | |||
| Skewness | (0.46) | |||
| Kurtosis | 0.8826 |
Consider Airgain's intraday indicators
Airgain intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Airgain stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Airgain Corporate Filings
F4 | 19th of November 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
13A | 12th of November 2024 The form used by investors holding more than 5% of a company's stock, to report their beneficial ownership pursuant to Rule 13d-1 or Rule 13d-2 under the Securities Exchange Act of 1934 | ViewVerify |
8K | 6th of August 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
| 25th of April 2024 Other Reports | ViewVerify |
Airgain Stock media impact
Far too much social signal, news, headlines, and media speculation about Airgain that are available to investors today. That information is available publicly through Airgain media outlets and privately through word of mouth or via Airgain internal channels. However, regardless of the origin, that massive amount of Airgain data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Airgain news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Airgain relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Airgain's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Airgain alpha.
Airgain Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Airgain can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Airgain Corporate Management
| Morad Sbahi | Chief Officer | Profile | |
| Alexis Waadt | Director Relations | Profile | |
| Dallas Wu | Head Services | Profile | |
| Leonard Johnson | Advisor | Profile | |
| Jules Cassano | Director Marketing | Profile |
Already Invested in Airgain?
The danger of trading Airgain is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Airgain is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Airgain. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Airgain is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Airgain is a strong investment it is important to analyze Airgain's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Airgain's future performance. For an informed investment choice regarding Airgain Stock, refer to the following important reports: Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Airgain. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. For more detail on how to invest in Airgain Stock please use our How to Invest in Airgain guide.You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
Is Electronic Equipment, Instruments & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Airgain. If investors know Airgain will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Airgain listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (1.00) | Earnings Share (1.15) | Revenue Per Share 5.022 | Quarterly Revenue Growth (0.04) | Return On Assets (0.17) |
The market value of Airgain is measured differently than its book value, which is the value of Airgain that is recorded on the company's balance sheet. Investors also form their own opinion of Airgain's value that differs from its market value or its book value, called intrinsic value, which is Airgain's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Airgain's market value can be influenced by many factors that don't directly affect Airgain's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
In summary, please note that there is a difference between Airgain's value and its price, as these two are different measures arrived at by various means. Investors typically determine if Airgain is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Airgain's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.