AAR (NYSE:AIR) Upgraded by Wall Street Zen to "Buy" Rating

Key Points

• AAR Corp has been upgraded to a "buy" rating by Wall Street Zen, reflecting a positive outlook following strong demand for aircraft components.
• Recent price target increases from analysts include Truist Financial raising it to $90.00 and KeyCorp to $86.00, suggesting confidence in the company's future performance.
• The company's latest earnings report showed an 11.8% revenue increase year-over-year, with EPS surpassing expectations at $1.08.

AAR (NYSE:AIR - Get Free Report) was upgraded by research analysts at Wall Street Zen from a "hold" rating to a "buy" rating in a report released on Sunday.

Several other equities analysts have also recently weighed in on AIR. Truist Financial increased their price target on AAR from $81.00 to $90.00 and gave the company a "buy" rating in a report on Wednesday. KeyCorp raised their target price on AAR from $80.00 to $86.00 and gave the stock an "overweight" rating in a report on Thursday, July 17th. Finally, Royal Bank Of Canada reaffirmed an "outperform" rating and issued a $85.00 target price on shares of AAR in a report on Wednesday. Four equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, AAR has a consensus rating of "Buy" and a consensus price target of $86.00.

AAR Trading Up 4.3%

Shares of AIR stock opened at $86.25 on Friday. AAR has a 12-month low of $46.51 and a 12-month high of $87.67. The company has a quick ratio of 1.26, a current ratio of 2.91 and a debt-to-equity ratio of 0.82. The business has a 50-day moving average price of $76.04 and a two-hundred day moving average price of $67.43. The firm has a market cap of $3.11 billion, a P/E ratio of 110.58 and a beta of 1.50.

AAR (NYSE:AIR - Get Free Report) last released its quarterly earnings results on Tuesday, September 23rd. The aerospace company reported $1.08 EPS for the quarter, beating analysts' consensus estimates of $0.98 by $0.10. AAR had a return on equity of 12.29% and a net margin of 1.01%.The business had revenue of $739.60 million during the quarter, compared to analyst estimates of $692.47 million. During the same quarter in the prior year, the company posted $0.50 EPS. AAR's quarterly revenue was up 11.8% compared to the same quarter last year. AAR has set its Q2 2026 guidance at EPS. Equities analysts anticipate that AAR will post 3.77 EPS for the current fiscal year.

Insider Activity at AAR

In related news, CFO Sean M. Gillen sold 18,000 shares of AAR stock in a transaction that occurred on Wednesday, July 23rd. The shares were sold at an average price of $77.37, for a total transaction of $1,392,660.00. Following the transaction, the chief financial officer directly owned 99,868 shares of the company's stock, valued at $7,726,787.16. This trade represents a 15.27% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, Director Jennifer L. Vogel sold 7,000 shares of the business's stock in a transaction on Wednesday, July 23rd. The shares were sold at an average price of $78.07, for a total transaction of $546,490.00. Following the sale, the director directly owned 22,970 shares in the company, valued at $1,793,267.90. This trade represents a 23.36% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 95,182 shares of company stock worth $7,331,452. Insiders own 3.60% of the company's stock.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Osterweis Capital Management Inc. acquired a new position in AAR during the second quarter valued at $26,000. Hughes Financial Services LLC acquired a new position in shares of AAR in the first quarter worth about $28,000. Virtus Advisers LLC acquired a new position in shares of AAR in the first quarter worth about $47,000. GAMMA Investing LLC raised its position in shares of AAR by 88.5% in the first quarter. GAMMA Investing LLC now owns 1,131 shares of the aerospace company's stock worth $63,000 after acquiring an additional 531 shares during the period. Finally, State of Wyoming raised its position in shares of AAR by 128.5% in the first quarter. State of Wyoming now owns 1,821 shares of the aerospace company's stock worth $102,000 after acquiring an additional 1,024 shares during the period. 90.74% of the stock is currently owned by institutional investors and hedge funds.

About AAR

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.

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