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S&P 500   5,011.12
DOW   37,775.38
QQQ   423.41
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How major US stock indexes fared Thursday, 4/18/2024
3 Steel Stocks Could Soar on New China Tariffs
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'There is no time to waste': EU leaders want to boost competitiveness to close gap with US and China
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Can Netflix Stock Continue Into All-Time Highs After Earnings?
S&P 500   5,011.12
DOW   37,775.38
QQQ   423.41
What's Driving Tesla Lower Ahead of its Earnings?
How major US stock indexes fared Thursday, 4/18/2024
3 Steel Stocks Could Soar on New China Tariffs
CSX Co.: The Railroad Powering Ahead with an Earnings Beat
'There is no time to waste': EU leaders want to boost competitiveness to close gap with US and China
These are the Top 4 Stocks for Buybacks in 2024
Can Netflix Stock Continue Into All-Time Highs After Earnings?
S&P 500   5,011.12
DOW   37,775.38
QQQ   423.41
What's Driving Tesla Lower Ahead of its Earnings?
How major US stock indexes fared Thursday, 4/18/2024
3 Steel Stocks Could Soar on New China Tariffs
CSX Co.: The Railroad Powering Ahead with an Earnings Beat
'There is no time to waste': EU leaders want to boost competitiveness to close gap with US and China
These are the Top 4 Stocks for Buybacks in 2024
Can Netflix Stock Continue Into All-Time Highs After Earnings?
NYSE:AIR

AAR (AIR) Stock Price, News & Analysis

$63.07
+1.20 (+1.94%)
(As of 04/18/2024 ET)
Today's Range
$62.16
$64.48
50-Day Range
$58.40
$68.81
52-Week Range
$50.06
$73.95
Volume
533,359 shs
Average Volume
340,844 shs
Market Capitalization
$2.23 billion
P/E Ratio
37.10
Dividend Yield
N/A
Price Target
$81.25

AAR MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
28.8% Upside
$81.25 Price Target
Short Interest
Healthy
2.84% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.57mentions of AAR in the last 14 days
Based on 7 Articles This Week
Insider Trading
Selling Shares
$3.86 M Sold Last Quarter
Proj. Earnings Growth
23.64%
From $3.30 to $4.08 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.44 out of 5 stars

Aerospace Sector

11th out of 40 stocks

Aircraft & Parts Industry

1st out of 3 stocks

AIR stock logo

About AAR Stock (NYSE:AIR)

AAR Corp. provides products and services to commercial aviation, government, and defense markets worldwide. It operates through Aviation Services and Expeditionary Services segments. The Aviation Services segment engages in lease and sale of new, overhauled and repaired engine, and airframe parts and components, as well as aircrafts; and offers customized flight hour component inventory and repair, warranty claim management, and outsourcing programs for engine and airframe parts and components. This segment also provides fleet management and operations of customer-owned aircraft for the U.S. Department of State; customized performance-based supply chain logistics programs, which includes material planning, sourcing, logistics, information and program management, airframe and maintenance planning, and component repair, and overhaul services for U.S. Department of Defense and foreign governments. Further, it offers airframe inspection, maintenance, repair and overhaul, painting services, line maintenance, modifications, structural repairs, avionics service and installation, exterior and interior refurbishment, and engineering services and support; and repair and overhaul components including landing gears, wheels, and brakes for commercial and military aircraft; and operates six airframe maintenance facilities and one landing gear overhaul facility. 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.

AIR Stock Price History

AIR Stock News Headlines

Biden’s $374B Giveaway Into This Sector
Biden’s Climate Bill Could Send Your Retirement Accounts Soaring – Or Diving See what this $374B giveaway could mean for your retirement right here
AAR Corp. (NYSE:AIR) Short Interest Update
AAR (NYSE:AIR) Price Target Raised to $83.00 at Benchmark
Biden’s $374B Giveaway Into This Sector
Biden’s Climate Bill Could Send Your Retirement Accounts Soaring – Or Diving See what this $374B giveaway could mean for your retirement right here
Company News for Mar 25, 2024
AAR Corp. (NYSE:AIR) Q3 2024 Earnings Call Transcript
Recap: AAR Q3 Earnings
AAR reports third quarter fiscal year 2024 results
AAR Q3 2024 Earnings Preview
See More Headlines
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Company Calendar

Last Earnings
3/21/2024
Today
4/19/2024
Fiscal Year End
5/31/2024
Next Earnings (Estimated)
7/16/2024

Industry, Sector and Symbol

Sector
Aerospace
Industry
Aircraft & parts
Sub-Industry
Aerospace & Defense
CUSIP
00036110
CIK
1750
Employees
5,000
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$81.25
High Stock Price Target
$83.00
Low Stock Price Target
$80.00
Potential Upside/Downside
+28.8%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
5 Analysts

Profitability

Net Income
$90.20 million
Pretax Margin
3.38%

Debt

Sales & Book Value

Annual Sales
$1.99 billion
Cash Flow
$3.86 per share
Book Value
$32.97 per share

Miscellaneous

Free Float
33,904,000
Market Cap
$2.23 billion
Optionable
Optionable
Beta
1.67
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Key Executives


AIR Stock Analysis - Frequently Asked Questions

Should I buy or sell AAR stock right now?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for AAR in the last twelve months. There are currently 5 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" AIR shares.
View AIR analyst ratings
or view top-rated stocks.

What is AAR's stock price target for 2024?

5 Wall Street research analysts have issued twelve-month price objectives for AAR's shares. Their AIR share price targets range from $80.00 to $83.00. On average, they expect the company's share price to reach $81.25 in the next year. This suggests a possible upside of 28.8% from the stock's current price.
View analysts price targets for AIR
or view top-rated stocks among Wall Street analysts.

How have AIR shares performed in 2024?

AAR's stock was trading at $62.40 at the beginning of the year. Since then, AIR stock has increased by 1.1% and is now trading at $63.07.
View the best growth stocks for 2024 here
.

Are investors shorting AAR?

AAR saw a increase in short interest in March. As of March 31st, there was short interest totaling 955,500 shares, an increase of 5.7% from the March 15th total of 904,100 shares. Based on an average daily volume of 346,800 shares, the short-interest ratio is presently 2.8 days. Approximately 2.8% of the company's stock are sold short.
View AAR's Short Interest
.

When is AAR's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, July 16th 2024.
View our AIR earnings forecast
.

How were AAR's earnings last quarter?

AAR Corp. (NYSE:AIR) released its quarterly earnings results on Thursday, March, 21st. The aerospace company reported $0.85 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.84 by $0.01. AAR had a trailing twelve-month return on equity of 10.17% and a net margin of 2.73%.

What is John Holmes' approval rating as AAR's CEO?

45 employees have rated AAR Chief Executive Officer John Holmes on Glassdoor.com. John Holmes has an approval rating of 82% among the company's employees. 58.0% of employees surveyed would recommend working at AAR to a friend.

What other stocks do shareholders of AAR own?

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

Who are AAR's major shareholders?

AAR's stock is owned by a number of institutional and retail investors. Top institutional investors include Allspring Global Investments Holdings LLC (1.10%), Campbell Capital Management Inc. (0.08%), New England Research & Management Inc. (0.08%), Meyer Handelman Co. (0.03%) and Hennion & Walsh Asset Management Inc. (0.02%). Insiders that own company stock include Anthony Anderson, Christopher A Jessup, David P Storch, Eric Pachapa, H John Gilbertson Jr, Jennifer L Vogel, Jessica A Garascia, John Mcclain Holmes III, Michael Ross Boyce, Peter Pace and Sean M Gillen.
View institutional ownership trends
.

How do I buy shares of AAR?

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.

This page (NYSE:AIR) was last updated on 4/19/2024 by MarketBeat.com Staff

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