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NYSE:AIR

AAR (AIR) Stock Price, News & Analysis

AAR logo
$69.08 +1.24 (+1.83%)
(As of 11/22/2024 ET)

About AAR Stock (NYSE:AIR)

Key Stats

Today's Range
$67.81
$69.18
50-Day Range
$58.40
$69.55
52-Week Range
$54.71
$76.34
Volume
229,520 shs
Average Volume
302,808 shs
Market Capitalization
$2.48 billion
P/E Ratio
37.96
Dividend Yield
N/A
Price Target
$81.00
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
79th Percentile Overall Score

AIR MarketRank™: 

AAR scored higher than 79% of companies evaluated by MarketBeat, and ranked 14th out of 49 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 20.94% in the coming year, from $3.63 to $4.39 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of AAR is 37.96, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 125.99.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of AAR is 37.96, which means that it is trading at a more expensive P/E ratio than the Aerospace sector average P/E ratio of about 35.98.

  • Price to Book Value per Share Ratio

    AAR has a P/B Ratio of 2.06. 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

    1.61% 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, 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 20.35%, indicating that investor sentiment is improving significantly.
  • 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 16.48%. 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 6.83% 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

    1.61% 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, 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 20.35%, indicating that investor sentiment is improving significantly.
  • News Sentiment

    AAR has a news sentiment score of 1.24. 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 higher news sentiment than the 0.74 average news sentiment score of Aerospace companies.
  • News Coverage This Week

    MarketBeat has tracked 5 news articles for AAR this week, compared to 4 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 -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 4.10% 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 releases 2024 Sustainability Report
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AAR Inks Distribution Agreement With Whippany Actuation Systems
AAR Corp. signs new engine parts supply agreement with Chromalloy
See More Headlines

AIR Stock Analysis - Frequently Asked Questions

AAR's stock was trading at $62.40 on January 1st, 2024. Since then, AIR shares have increased by 10.7% and is now trading at $69.08.
View the best growth stocks for 2024 here
.

AAR Corp. (NYSE:AIR) announced its quarterly earnings data on Monday, September, 23rd. The aerospace company reported $0.85 EPS for the quarter, beating the consensus estimate of $0.82 by $0.03. The firm's revenue was up 20.4% on a year-over-year basis.

AAR's top institutional shareholders include State Street Corp (4.92%), Geode Capital Management LLC (2.22%), Loomis Sayles & Co. L P (2.20%) and Allspring Global Investments Holdings LLC (2.07%). 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 NVIDIA (NVDA), Meta Platforms (META), Advanced Micro Devices (AMD), Broadcom (AVGO), General Electric (GE), Adobe (ADBE) and CrowdStrike (CRWD).

Company Calendar

Last Earnings
9/23/2024
Today
11/23/2024
Next Earnings (Estimated)
12/19/2024
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
$81.00
High Stock Price Target
$85.00
Low Stock Price Target
$75.00
Potential Upside/Downside
+17.3%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
5 Analysts

Profitability

Net Income
$46.30 million
Pretax Margin
3.73%

Debt

Sales & Book Value

Annual Sales
$2.43 billion
Cash Flow
$4.62 per share
Book Value
$33.58 per share

Miscellaneous

Free Float
34,436,000
Market Cap
$2.48 billion
Optionable
Optionable
Beta
1.57

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This page (NYSE:AIR) was last updated on 11/23/2024 by MarketBeat.com Staff
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