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NYSE:AIR

AAR (AIR) Stock Price, News & Analysis

$68.94
+0.97 (+1.43%)
(As of 09/18/2024 ET)

About AAR Stock (NYSE:AIR)

Key Stats

Today's Range
$67.50
$70.10
50-Day Range
$57.07
$75.54
52-Week Range
$54.71
$76.34
Volume
411,544 shs
Average Volume
300,025 shs
Market Capitalization
$2.44 billion
P/E Ratio
40.55
Dividend Yield
N/A
Price Target
$83.50
Consensus Rating
Buy

Company Overview

AAR Corp. provides products and services to commercial aviation, government, and defense markets worldwide. The Parts Supply segment leases and sells aircraft components and replacement parts. The Repair & Engineering segment provides airframe maintenance services, such as airframe inspection, painting, line maintenance, airframe modification, structural repair, avionics service and installation, exterior and interior refurbishment, and engineering and support services; component repair services comprising maintenance, repair, and overhaul (MRO) services, engine and airframe accessories, and interior refurbishment; and landing gear overhaul services, including repair services on wheels and brakes. This segment also develops specific aircraft components and parts; and designs proprietary designated engineering representative repairs. The Integrated Solutions segment engages in the fleet management and operation of customer-owned aircraft; provision of supply chain logistics services, such as material planning, sourcing, logistics, information and program management, and parts and component repair and overhaul services; and flight hour component inventory and repair services. In addition, the segment provides integrated software solutions comprising Trax, a cloud-based electronic enterprise resource platform, as well as a suite of paperless mobility apps for automating MRO workflows. The Expeditionary Services segment designs, manufactures, and repairs transportation pallets; and containers and shelters for military and humanitarian tactical deployment activities, including armories, supply and parts storage, refrigeration systems, tactical operation centers, briefing rooms, laundry and kitchen facilities, water treatment, and sleeping quarters, as well as engages in provision of engineering, design, and system integration services for specialized command and control systems. AAR Corp. was founded in 1951 and is headquartered in Wood Dale, Illinois.

AAR Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks

Overall MarketRank™: 74th Percentile

AAR scored higher than 74% of companies evaluated by MarketBeat, and ranked 16th out of 44 stocks in the aerospace sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    AAR has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 5 buy ratings, no hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    AAR has only been the subject of 2 research reports in the past 90 days.

  • Read more about AAR's stock forecast and price target.
  • Earnings Growth

    Earnings for AAR are expected to grow by 18.45% in the coming year, from $3.74 to $4.43 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of AAR is 40.55, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 139.60.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of AAR is 40.55, which means that it is trading at a more expensive P/E ratio than the Aerospace sector average P/E ratio of about 23.31.

  • Price to Book Value per Share Ratio

    AAR has a P/B Ratio of 2.05. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Read more about AAR's valuation and earnings.
  • Percentage of Shares Shorted

    2.23% of the float of AAR has been sold short.
  • Short Interest Ratio / Days to Cover

    AAR has a short interest ratio ("days to cover") of 2.7, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in AAR has recently decreased by 2.70%, indicating that investor sentiment is improving.
  • Dividend Yield

    AAR does not currently pay a dividend.

  • Dividend Growth

    AAR does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of AAR is 17.65%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Dividend Sustainability

    Based on earnings estimates, AAR will have a dividend payout ratio of 6.77% next year. This indicates that AAR will be able to sustain or increase its dividend.

  • Read more about AAR's dividend.
  • Percentage of Shares Shorted

    2.23% of the float of AAR has been sold short.
  • Short Interest Ratio / Days to Cover

    AAR has a short interest ratio ("days to cover") of 2.7, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in AAR has recently decreased by 2.70%, indicating that investor sentiment is improving.
  • News Sentiment

    AAR has a news sentiment score of 0.12. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.55 average news sentiment score of Aerospace companies.
  • News Coverage This Week

    MarketBeat has tracked 9 news articles for AAR this week, compared to 3 articles on an average week.
  • Search Interest

    Only 4 people have searched for AIR on MarketBeat in the last 30 days. This is a decrease of -20% compared to the previous 30 days.
  • MarketBeat Follows

    3 people have added AAR to their MarketBeat watchlist in the last 30 days. This is an increase of 50% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, AAR insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    Only 4.30% of the stock of AAR is held by insiders.

  • Percentage Held by Institutions

    90.74% of the stock of AAR is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about AAR's insider trading history.
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AIR Stock News Headlines

AAR (AIR) Scheduled to Post Earnings on Monday
Man who Predicted Trump 2016 Win: “Prepare for Election Meltdown”
Former advisor to the CIA, the Pentagon and the White House Jim Rickards went on multiple TV news programs… A predicted Trump would win. You won’t believe what he’s predicting now.
Brokers Issue Forecasts for AAR Corp.'s Q1 2025 Earnings (NYSE:AIR)
AAR (NYSE:AIR) Downgraded by StockNews.com to Sell
See More Headlines

AIR Stock Analysis - Frequently Asked Questions

AAR's stock was trading at $62.40 at the beginning of the year. Since then, AIR stock has increased by 10.5% and is now trading at $68.94.
View the best growth stocks for 2024 here
.

AAR Corp. (NYSE:AIR) issued its earnings results on Thursday, July, 18th. The aerospace company reported $0.88 earnings per share for the quarter, topping analysts' consensus estimates of $0.86 by $0.02. The firm's revenue for the quarter was up 18.7% on a year-over-year basis.

AAR's top institutional investors include Dimensional Fund Advisors LP (7.86%), Earnest Partners LLC (4.48%), Westwood Holdings Group Inc. (3.02%) and American Century Companies Inc. (2.57%). Insiders that own company stock include John Mcclain Holmes III, David P Storch, Sean M Gillen, Christopher A Jessup, Jessica A Garascia, Eric Pachapa, Jennifer L Vogel, Anthony Anderson and H John Gilbertson Jr.
View institutional ownership trends
.

Shares of AIR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that AAR investors own include Boeing (BA), Verizon Communications (VZ), AT&T (T), JPMorgan Chase & Co. (JPM), Bank of America (BAC), General Electric (GE) and Intel (INTC).

Company Calendar

Last Earnings
7/18/2024
Today
9/19/2024
Next Earnings (Confirmed)
9/23/2024
Fiscal Year End
5/31/2025

Industry, Sector and Symbol

Sector
Aerospace
Industry
Aircraft & parts
Sub-Industry
Aerospace & Defense
CUSIP
00036110
CIK
1750
Employees
5,700
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$83.50
High Stock Price Target
$85.00
Low Stock Price Target
$81.00
Potential Upside/Downside
+21.1%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
5 Analysts

Profitability

Net Income
$46.30 million
Pretax Margin
2.51%

Debt

Sales & Book Value

Annual Sales
$2.32 billion
Cash Flow
$4.81 per share
Book Value
$33.58 per share

Miscellaneous

Free Float
33,904,000
Market Cap
$2.44 billion
Optionable
Optionable
Beta
1.55
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This page (NYSE:AIR) was last updated on 9/19/2024 by MarketBeat.com Staff
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