Investors might want to bet on Air Industries (AIRI) , as it has been recently upgraded to a Zacks Rank #1 (Strong Buy). This rating change essentially reflects an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.A company's changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate -- the consensus measure of EPS estimates from the sell-side analysts covering the stock -- for the current and following years.Indivi ...

After reaching an important support level, Air Industries (AIRI) could be a good stock pick from a technical perspective. AIRI surpassed resistance at the 20-day moving average, suggesting a short-term bullish trend.The 20-day simple moving average is a well-liked trading tool because it provides a look back at a stock's price over a 20-day period. Additionally, short-term traders find this SMA very beneficial, as it smooths out short-term price trends and shows more trend reversal signals than longer-term ...

Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Even ...

Investors interested in Aerospace stocks should always be looking to find the best-performing companies in the group. Is Air Industries (AIRI) one of those stocks right now? By taking a look at the stock's year-to-date performance in comparison to its Aerospace peers, we might be able to answer that question.Air Industries is one of 46 companies in the Aerospace group. The Aerospace group currently sits at #2 within the Zacks Sector Rank. The Zacks Sector Rank considers 16 different sector groups. The avera ...

For those looking to find strong Aerospace stocks, it is prudent to search for companies in the group that are outperforming their peers. Air Industries (AIRI) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? Let's take a closer look at the stock's year-to-date performance to find out.Air Industries is a member of the Aerospace sector. This group includes 46 individual stocks and currently holds a Zacks Sector Rank of # ...

Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Whil ...

Impressive year-over-year projections for global air passenger numbers can be expected to boost companies in the aerospace defense industry, particularly those that operate in commercial aerospace. However, consistent supply-chain issues are expected to continue to adversely impact jet deliveries and, thereby, remain a threat to the industry players.  Nevertheless, improving defense budget funding from the U.S. administration should bode well for aerospace-defense companies that are primarily engaged in the ...

Air Industries Group (AIRI) recently secured its largest contract, a $110 million deal to manufacture Thrust Struts for Geared Turbo-Fan (GTF) jet engines. This contract will begin in January 2025 and run through 2031.Successful delivery of the thrust struts is likely to bolster AIRI’s top-line performance. Following this contract win, the company’s backlog count has increased to more than $280 million.AIRI & Combat JetsAir Industries plays an important role in the military jet market as a leading manufactu ...

Air Industries Group (NYSE:AIRI) Q2 2024 Earnings Conference Call August 14, 2024 4:30 PM ET Company Participants Lou Melluzzo - President and Chief Executive Officer Scott Glassman - Chief Financial Officer, Principal Accounting Officer and Secretary of the Company Conference Call Participants Howard Halpern - Taglich Brothers Operator Hello, and welcome to the Air Industries Group Second Quarter 2024 Earnings Conference Call. At this time, all participants are in a listen-only mode. A question-and-answer ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ Quarterly Report Pursuant To Section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly period ended: June 30, 2024 or ☐ Transition Report Pursuant To Section 13 or 15(d) of the Securities Exchange Act of 1934 For the transition period from ______ to_______ Commission File No. 001-35927 AIR INDUSTRIES GROUP (Exact name of registrant as specified in its charter) Nevada 80-0948413 (State or other jurisdiction ...