AAR Corp. Company Profile (NYSE:AIR)

About AAR Corp.

AAR Corp. logoAAR CORP. (AAR) is a provider of services and products to the commercial aviation and government and defense markets. The Company operates in two segments: Aviation Services, which consists of supply chain and maintenance, repair and overhaul (MRO) activities, and Expeditionary Services, which includes airlift and mobility activities. Its services and products include aviation supply chain and parts support programs; MRO of aircraft and landing gear; design and manufacture of specialized pallets, shelters and containers; expeditionary airlift services; aircraft modifications, and aircraft and engine sales and leasing. It serves commercial, defense and governmental aircraft fleet operators, original equipment manufacturers and independent service providers around the world. Its landing gear overhaul facility is in Miami, Florida, where it repairs and overhauls landing gear, brakes and actuators for various types of commercial and military aircraft.

Industry, Sector and Symbol:
  • Sector: Aerospace
  • Industry: Aerospace/Defense Products & Services
  • Sub-Industry: Aerospace & Defense
  • Exchange: NYSE
  • Symbol: AIR
  • CUSIP: 00036110
Key Metrics:
  • Previous Close: $33.68
  • 50 Day Moving Average: $32.749
  • 200 Day Moving Average: $31.821
  • 52-Week Range: $20.74 - $38.75
  • Trailing P/E Ratio: 31.038
  • Foreward P/E Ratio: 18.80
  • P/E Growth: 1.370
  • Market Cap: $1.16B
  • Outstanding Shares: 33,700,000
  • Beta: 1.53
Profitability:
  • Net Margins: 2.27%
  • Return on Equity: 4.88%
  • Return on Assets: 2.87%
Debt:
  • Debt-to-Equity Ratio: 0.18%
  • Current Ratio: 2.57%
  • Quick Ratio: 1.26%
Additional Links:
Companies Related to AAR Corp.:

Analyst Ratings

Consensus Ratings for AAR Corp. (NYSE:AIR) (?)
Ratings Breakdown: 3 Buy Ratings
Consensus Rating:Buy (Score: 3.00)
Consensus Price Target: $51.67 (50.15% upside)

Analysts' Ratings History for AAR Corp. (NYSE:AIR)
Show:
DateFirmActionRatingPrice TargetDetails
1/19/2017SunTrust Banks, Inc.Initiated CoverageBuy$38.00View Rating Details
12/2/2016Credit Suisse GroupReiterated RatingBuy$74.00View Rating Details
10/25/2016GabelliInitiated CoverageBuy$43.00View Rating Details
10/15/2015Royal Bank of CanadaReiterated RatingSector Perform€63.00View Rating Details
3/18/2015Deutsche Bank AGReiterated RatingBuyView Rating Details
(Data available from 2/27/2015 forward)

Earnings

Earnings History for AAR Corp. (NYSE:AIR)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
3/20/2017        
12/21/2016Q217$0.35$0.35$423.80 millionViewN/AView Earnings Details
9/22/2016Q117$0.26$0.29$404.80 millionViewN/AView Earnings Details
7/12/2016Q416$0.47$0.32$458.20 millionViewN/AView Earnings Details
3/22/2016Q316$0.26$0.26$404.17 million$402.80 millionViewN/AView Earnings Details
12/17/2015Q216$0.29$0.30$399.43 million$423.80 millionViewN/AView Earnings Details
9/24/2015Q116$0.23$0.23$377.80 millionViewN/AView Earnings Details
7/14/2015Q415$0.20$0.36$415.80 millionViewN/AView Earnings Details
4/15/2015$0.41($1.09)ViewN/AView Earnings Details
3/30/2015Q315$0.45$0.05$509.79 million$380.10 millionViewN/AView Earnings Details
12/18/2014Q215$0.39$0.38$485.30 million$540.70 millionViewN/AView Earnings Details
9/23/2014Q115$0.38$0.36$469.20 millionViewN/AView Earnings Details
7/15/2014Q414$0.41$0.43$510.45 million$505.40 millionViewN/AView Earnings Details
3/20/2014Q314$0.47$0.45$525.63 million$474.40 millionViewN/AView Earnings Details
12/19/2013Q214$0.48$0.50$536.14 million$540.70 millionViewN/AView Earnings Details
9/24/2013Q114$0.45$0.45$542.11 million$514.50 millionViewN/AView Earnings Details
7/25/2013Q4 2013$0.45$0.50$543.28 million$553.80 millionViewN/AView Earnings Details
3/19/2013Q3 2013$0.43$0.46$517.02 million$520.20 millionViewN/AView Earnings Details
12/18/2012Q2 2013$0.40$0.44$544.54 million$512.80 millionViewN/AView Earnings Details
9/19/2012Q113$0.36$0.45$527.46 million$55.50 millionViewN/AView Earnings Details
7/17/2012$0.42$0.45ViewN/AView Earnings Details
3/20/2012$0.49$0.50ViewN/AView Earnings Details
12/15/2011$0.45$0.45ViewN/AView Earnings Details
9/15/2011$0.44$0.41ViewN/AView Earnings Details
3/15/2011$0.42$0.45ViewN/AView Earnings Details
12/15/2010$0.35$0.42$408.57 million$447.00 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for AAR Corp. (NYSE:AIR)
Current Year EPS Consensus Estimate: $1.45 EPS
Next Year EPS Consensus Estimate: $1.83 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20161$0.27$0.27$0.27
Q2 20161$0.45$0.45$0.45
Q1 20171$0.28$0.28$0.28
Q2 20171$0.35$0.35$0.35
Q3 20172$0.38$0.38$0.38
Q4 20172$0.46$0.47$0.47
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for AAR Corp. (NYSE:AIR)
Annual Dividend:$0.30
Dividend Yield:0.87%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:26.79% (Based on Trailing 12 Months of Earnings)
20.69% (Based on Current Year Consensus EPS Estimate)
16.39% (Based on Next Year Consensus EPS Estimate)

Dividend History for AAR Corp. (NYSE:AIR)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
1/11/2017quarterly$0.080.94%1/19/20171/23/20172/6/2017
10/11/2016quarterly$0.080.95%10/20/201610/24/201611/4/2016
7/12/2016quarterly$0.081.32%7/20/20167/22/20168/5/2016
4/19/2016quarterly$0.081.23%4/27/20164/29/20165/10/2016
1/12/2016quarterly$0.081.3%1/26/20161/28/20162/12/2016
10/13/2015quarterly$0.081.35%10/26/201510/28/201511/12/2015
7/13/2015quarterly$0.080.97%7/24/20157/28/20158/12/2015
4/15/2015quarterly$0.080.99%4/27/20154/29/20155/13/2015
1/13/2015quarterly$0.081.16%1/26/20151/28/20152/16/2015
10/8/2014quarterly$0.081.3%10/17/201410/21/201411/4/2014
7/15/2014quarterly$0.081.07%7/24/20147/28/20148/13/2014
4/15/2014quarterly$0.081.16%4/25/20144/29/20145/13/2014
1/14/2014quarterly$0.081.09%1/24/20141/28/20142/14/2014
10/9/2013quarterly$0.081.1%10/18/201310/22/201311/4/2013
7/16/2013quarterly$0.081.19%7/25/20137/29/20138/14/2013
4/22/2013quarterly$0.081.73%4/30/20135/2/20135/16/2013
1/16/2013quarterly$0.081.54%1/25/20131/29/20132/12/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for AAR Corp. (NYSE:AIR)
Insider Ownership Percentage: 8.23%
Institutional Ownership Percentage: 87.39%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
10/11/2016John Mcclain Holmes IIIVPSell11,500$31.45$361,675.00View SEC Filing  
10/3/2016Robert J ReganVPSell14,002$30.92$432,941.84View SEC Filing  
9/26/2016Peter PaceDirectorSell5,000$29.13$145,650.00View SEC Filing  
9/30/2015Marc Jay WalfishDirectorBuy20,000$18.84$376,800.00View SEC Filing  
7/17/2015Michael J SharpCAOSell5,000$30.21$151,050.00View SEC Filing  
4/21/2015Michael J SharpCAOSell5,900$30.45$179,655.00View SEC Filing  
4/17/2015Ronald R FoglemanDirectorSell12,666$29.46$373,140.36View SEC Filing  
4/15/2015David P StorchCEOSell119,004$30.38$3,615,341.52View SEC Filing  
4/15/2015Timothy J RomeneskoCOOSell41,493$30.23$1,254,333.39View SEC Filing  
4/10/2015Randy J MartinezVPSell50,500$30.33$1,531,665.00View SEC Filing  
7/31/2014Peter PaceDirectorSell2,200$26.87$59,114.00View SEC Filing  
7/25/2014Michael J SharpCAOSell2,750$27.11$74,552.50View SEC Filing  
7/24/2014John Mcclain Holmes IIIVPSell5,000$27.48$137,400.00View SEC Filing  
7/23/2014John Mcclain Holmes IIIVPSell1,140$27.82$31,714.80View SEC Filing  
7/22/2014John Mcclain Holmes IIIVPSell700$28.02$19,614.00View SEC Filing  
7/18/2014Ronald R FoglemanDirectorSell3,500$27.27$95,445.00View SEC Filing  
4/10/2014Robert ReganVPSell10,000$25.97$259,700.00View SEC Filing  
3/26/2014Michael SharpCAOSell3,018$27.44$82,813.92View SEC Filing  
12/26/2013Ronald WoodardDirectorSell17,000$28.88$490,960.00View SEC Filing  
10/15/2013Randy MartinezVPSell4,754$27.31$129,831.74View SEC Filing  
8/1/2013Ronald B WoodardDirectorSell3,500$24.67$86,345.00View SEC Filing  
7/31/2013John Mcclain Holmes IIIVPSell14,007$23.68$331,685.76View SEC Filing  
7/31/2013Michael J SharpCAOSell2,500$24.11$60,275.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for AAR Corp. (NYSE:AIR)
DateHeadline
News IconShares in Review: Levels in Focus for AAR Corp. (NYSE:AIR) - The Standard (NYSE:AIR)
6milestandard.com - February 27 at 3:35 PM
News IconAAR Corp. (AIR) Upgrade to “Buy” at the TheStreet - Petro Global News 24 (NYSE:AIR)
petroglobalnews24.com - February 27 at 6:47 AM
News IconThe AAR Corp. (AIR) Given $40.50 Consensus Price Target by Analysts - Petro Global News 24 (NYSE:AIR)
petroglobalnews24.com - February 25 at 3:22 PM
News IconCompany in Focus: AAR Corp. (NYSE:AIR) - Searcy News (NYSE:AIR)
searcysentinel.com - February 24 at 8:42 PM
News IconStock Levels in Review: AAR Corp. (NYSE:AIR) - Searcy News (NYSE:AIR)
searcysentinel.com - February 23 at 3:26 PM
News IconInvestor Radar: Taking a Closer Look at AAR Corp. (NYSE:AIR) - The Standard (NYSE:AIR)
6milestandard.com - February 23 at 3:26 PM
News IconDelving into The Charts on AAR Corp. (NYSE:AIR) - Sherwood Daily (NYSE:AIR)
sherwooddaily.com - February 21 at 3:43 PM
News IconStock Watch: Examining the Levels on Shares of AAR Corp. (NYSE:AIR) - Sherwood Daily (NYSE:AIR)
sherwooddaily.com - February 18 at 3:24 PM
News IconMarket Desk: Share Update for AAR Corp. (NYSE:AIR) - Davidson Register (NYSE:AIR)
davidsonregister.com - February 14 at 3:42 PM
News IconTrading Focus on This Stock: AAR Corp. (NYSE:AIR) - Midway Monitor (NYSE:AIR)
midwaymonitor.com - February 14 at 3:42 PM
News IconLevels in Focus on Shares of AAR Corp. (NYSE:AIR) - Davidson Register (NYSE:AIR)
davidsonregister.com - February 13 at 3:46 PM
bizjournals.com logoIndustry roundup: Orbital ATK, DRS, Airlift net nearly $300M in deals (NYSE:AIR)
www.bizjournals.com - February 10 at 3:53 PM
News IconStock Review for AAR Corp. (NYSE:AIR) - Searcy News (NYSE:AIR)
searcysentinel.com - February 9 at 8:28 PM
News IconTaking a Closer Look at Shares of AAR Corp. (NYSE:AIR) - Midway Monitor (NYSE:AIR)
midwaymonitor.com - February 9 at 3:27 PM
News IconWhat The Charts Are Saying About AAR Corp. (NYSE:AIR) - Baxter Review (NYSE:AIR)
baxternewsreview.com - February 8 at 3:31 PM
thestreet.com logoUber Fighting to Stay Ahead in Flying Car Initiative (NYSE:AIR)
www.thestreet.com - February 7 at 8:57 PM
News IconNAC to fly 4 new routes with wide-body jets by ’18 (NYSE:AIR)
kathmandupost.ekantipur.com - February 7 at 1:32 AM
4-traders.com logoAAR : Signs Landing Gear Overhaul Contract with SkyWest, Inc. (NYSE:AIR)
www.4-traders.com - February 6 at 3:28 PM
capitalcube.com logoETFs with exposure to AAR Corp. : February 6, 2017 (NYSE:AIR)
www.capitalcube.com - February 6 at 3:28 PM
News IconAAR CORP is hiring EVERYWHERE! (NYSE:AIR)
www.avjobs.com - February 2 at 8:28 PM
News IconShare Focus: Checking the Indicators on AAR Corp. (AIR) - Market Point (NYSE:AIR)
mtptnews.com - January 31 at 8:36 PM
News IconInvestor Hub: Checking on the Numbers for AAR Corp. (NYSE:AIR) - The Tribune (NYSE:AIR)
lakecitytribune.com - January 29 at 8:23 PM
News IconRSI, CCI, and ADX Levels in View for AAR Corp. (AIR) - Rives Journal (NYSE:AIR)
rivesjournal.com - January 29 at 3:23 PM
News IconValue Composite Score Update on AAR Corp. (NYSE:AIR) - The Tribune (NYSE:AIR)
lakecitytribune.com - January 28 at 8:25 PM
News IconStock Tracker: Looking at the Numbers for AAR Corp. (NYSE:AIR) - The Tribune (NYSE:AIR)
lakecitytribune.com - January 27 at 3:33 PM
News IconCCI Focus on Shares of AAR Corp. (AIR) - Market Point (NYSE:AIR)
mtptnews.com - January 27 at 3:33 PM
realistinvestor.com logoAAR Corp. (NYSE:AIR) Deferred Tax Assets At $47.7 Millions - RealistInvestor.com (NYSE:AIR)
www.realistinvestor.com - January 25 at 3:30 PM
News IconTechnical Investor Update on Shares of AAR Corp. (AIR) - Market Point (NYSE:AIR)
mtptnews.com - January 25 at 1:50 AM
News IconTrading Ledger: Keeping an Eye on AAR Corp. (NYSE:AIR) - The Tribune (NYSE:AIR)
lakecitytribune.com - January 24 at 3:46 PM
4-traders.com logoAAR : Awarded $12.6 Million Contract for NATO (NYSE:AIR)
www.4-traders.com - January 23 at 3:27 PM
News IconAAR Corp. (AIR) is Initiated by SunTrust to Buy - Highland Mirror (NYSE:AIR)
www.highlandmirror.com - January 19 at 3:45 PM
finance.yahoo.com logoCoverage initiated on AAR Corp by SunTrust (NYSE:AIR)
finance.yahoo.com - January 19 at 3:45 PM
capitalcube.com logoETFs with exposure to AAR Corp. : January 19, 2017 (NYSE:AIR)
www.capitalcube.com - January 19 at 3:45 PM
4-traders.com logoAAR CORP. : ex-dividend day (NYSE:AIR)
www.4-traders.com - January 19 at 1:56 AM
nasdaq.com logoAAR Corp. (AIR) Ex-Dividend Date Scheduled for January 19, 2017 ... - Nasdaq (NYSE:AIR)
www.nasdaq.com - January 18 at 8:55 PM
4-traders.com logoAAR : Signs Extended PBH Contract with Bluebird Cargo; Agreement to continue support of operator’s cargo services fleet (NYSE:AIR)
www.4-traders.com - January 18 at 3:54 PM
nasdaq.com logoAIR Ex-Dividend Reminder - 1/19/17 - NASDAQ.com - Nasdaq (NYSE:AIR)
www.nasdaq.com - January 17 at 4:05 PM
4-traders.com logoAAR : Signs Extended PBH Contract with Bluebird Cargo (NYSE:AIR)
www.4-traders.com - January 17 at 10:11 AM
News IconWilliams %R Check on Shares of AAR Corp. (AIR) - Sherwood Daily (NYSE:AIR)
sherwooddaily.com - January 16 at 3:25 PM
News IconManager, Facilities and EHS (NYSE:AIR)
www.environmentguru.com - January 16 at 11:44 AM
News IconIs AAR Corp (AIR) As Financially Strong As It Appears Due To Its Low Debt? (NYSE:AIR)
simplywall.st - January 15 at 3:23 PM
News IconAAR announces USD 0.075 dividend (NYSE:AIR)
www.financial-news.co.uk - January 13 at 3:49 PM
investopedia.com logoBoeing Lands $22 Billion Order From India’s SpiceJet (NYSE:AIR)
www.investopedia.com - January 13 at 3:49 PM
capitalcube.com logoAAR Corp. :AIR-US: Earnings Analysis: Q2, 2017 By the Numbers : January 13, 2017 (NYSE:AIR)
www.capitalcube.com - January 13 at 3:49 PM
4-traders.com logoAAR : Containerized Kitchens Heading to Presidential Inauguration to Serve Meals to National Guard (NYSE:AIR)
www.4-traders.com - January 12 at 1:58 AM
streetinsider.com logoAAR Corp. (AIR) Declares $0.075 Quarterly Dividend; 0.9% Yield - StreetInsider.com (NYSE:AIR)
www.streetinsider.com - January 11 at 8:41 PM
finance.yahoo.com logoAAR Announces Cash Dividend (NYSE:AIR)
finance.yahoo.com - January 11 at 8:41 PM
realistinvestor.com logoQuarterly Deferred Tax Assets Of AAR Corp. (NYSE:AIR) At $47.7 Millions - RealistInvestor.com (NYSE:AIR)
www.realistinvestor.com - January 11 at 3:41 PM
finance.yahoo.com logoAirbus's Bregier on Sales Gains, U.S. Job Creation (NYSE:AIR)
finance.yahoo.com - January 11 at 3:40 PM
finance.yahoo.com logoAAR's Containerized Kitchens Heading to Presidential Inauguration to Serve Meals to National Guard (NYSE:AIR)
finance.yahoo.com - January 11 at 3:40 PM

Social

What is AAR Corp.'s stock symbol?

AAR Corp. trades on the New York Stock Exchange (NYSE) under the ticker symbol "AIR."

How often does AAR Corp. pay dividends? What is the dividend yield for AAR Corp.?

AAR Corp. declared a quarterly dividend on Wednesday, January 11th. Stockholders of record on Monday, January 23rd will be given a dividend of $0.075 per share on Monday, February 6th. This represents a $0.30 annualized dividend and a dividend yield of 0.87%. The ex-dividend date of this dividend is Thursday, January 19th.

Where is AAR Corp.'s stock going? Where will AAR Corp.'s stock price be in 2017?

3 equities research analysts have issued 1 year target prices for AAR Corp.'s stock. Their forecasts range from $38.00 to $74.00. On average, they expect AAR Corp.'s stock price to reach $51.67 in the next year.

When will AAR Corp. announce their earnings?

AAR Corp. is scheduled to release their next quarterly earnings announcement on Monday, March, 20th 2017.

What are analysts saying about AAR Corp. stock?

Here are some recent quotes from research analysts about AAR Corp. stock:

  • Credit Suisse Group analysts commented, "We believe that the 2017 delivery profile is likely to be back-end loaded again, but less than in 2016. On A350, the ramp-up remains complex but the level of re-work and extra resources is reducing now and the group continues its efforts on reducing recurring costs. As for A400M, it may be possible that the group is sufficiently advanced in discussions with customers to book a provision for liquidated damages in Q4 (as flagged with H1 results), which may be expected to be significantly lower than the H1 charge." (12/2/2016)

  • According to Zacks Investment Research, "AAR Corp. is the largest independent MRO provider in North America. Rising air traffic is expected to accelerate maintenance spending on aircraft significantly and drive the MRO services’ growth cycle. Moreover, the company is gradually lowering its debts and expects an increase in cash flow on the back of its strong fundamentals. However, the company operates in a highly competitive space and is subject to stringent government regulations. Again, the reduced U.S. role in Afghanistan may also hurt the company’s defense-related revenues." (10/28/2016)

Who owns AAR Corp. stock?

AAR Corp.'s stock is owned by many different of institutional and retail investors. Top institutional shareholders include Franklin Resources Inc. (11.07%), Dimensional Fund Advisors LP (8.72%), State Street Corp (3.16%), RidgeWorth Capital Management LLC (2.22%), AQR Capital Management LLC (1.08%) and Russell Investments Group Ltd. (0.88%). Company insiders that own AAR Corp. stock include David P Storch, John Mcclain Holmes III, Marc Jay Walfish, Michael J Sharp, Peter Pace, Randy J Martinez, Robert J Regan, Ronald R Fogleman and Timothy J Romenesko.

Who sold AAR Corp. stock? Who is selling AAR Corp. stock?

AAR Corp.'s stock was sold by a variety of institutional investors in the last quarter, including Franklin Resources Inc., Renaissance Technologies LLC, Two Sigma Investments LP, RidgeWorth Capital Management LLC, Comerica Bank, Allianz Asset Management AG, Tudor Investment Corp Et Al and Dimensional Fund Advisors LP. Company insiders that have sold AAR Corp. stock in the last year include John Mcclain Holmes III, Peter Pace and Robert J Regan.

Who bought AAR Corp. stock? Who is buying AAR Corp. stock?

AAR Corp.'s stock was purchased by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., State Street Corp, AQR Capital Management LLC, Numeric Investors LLC, O Shaughnessy Asset Management LLC, Wexford Capital LP, New York State Teachers Retirement System and Thrivent Financial for Lutherans.

How do I buy AAR Corp. stock?

Shares of AAR Corp. can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of AAR Corp. stock cost?

One share of AAR Corp. stock can currently be purchased for approximately $34.41.

AAR Corp. (NYSE:AIR) Chart for Monday, February, 27, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for AAR Corp. (NYSE:AIR)

Earnings History Chart

Earnings by Quarter for AAR Corp. (NYSE:AIR)

Dividend History Chart

Dividend Payments by Quarter for AAR Corp. (NYSE:AIR)

Last Updated on 2/27/2017 by MarketBeat.com Staff