Brokerages Anticipate Air Industries Group (AIRI) to Announce ($0.04) Earnings Per Share

Air Industries Group (NASDAQ:AIRI) has been assigned a consensus broker rating score of 1.50 (Buy) from the two brokers that cover the company, Zacks Investment Research reports. One research analyst has rated the stock with a buy recommendation and one has assigned a strong buy recommendation to the company.

Analysts have set a 1 year consensus price objective of $2.00 for the company and are anticipating that the company will post ($0.04) earnings per share for the current quarter, according to Zacks. Zacks has also given Air Industries Group an industry rank of 96 out of 255 based on the ratings given to its competitors.

Separately, Taglich Brothers restated a “speculative buy” rating on shares of Air Industries Group in a report on Wednesday, April 10th.

Shares of NASDAQ AIRI traded up $0.02 during trading on Friday, hitting $1.09. 1,554 shares of the company were exchanged.

Air Industries Group Company Profile

Air Industries Group, an aerospace and defense company, designs and manufactures structural parts and assemblies that focus on flight safety. The company operates through three segments: Complex Machining, Aerostructures & Electronics, and Turbine Engine Components. It offers landing gear, arresting gear, engine mounts, flight controls, throttle quadrants, jet engines, and other components; sheet metal fabrication of aero structures; and tube bending and welding services.

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