AAR Corp. Company Profile (NYSE:AIR)

About AAR Corp. (NYSE:AIR)

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: Aircraft Equipment Wholesale
  • Sub-Industry: Aerospace & Defense
  • Symbol: NYSE:AIR
  • CUSIP: 00036110
  • Web: www.aarcorp.com
Capitalization:
  • Market Cap: $1.34195 billion
  • Outstanding Shares: 34,000,000
Average Prices:
  • 50 Day Moving Avg: $37.38
  • 200 Day Moving Avg: $35.82
  • 52 Week Range: $31.07 - $39.71
P/E:
  • Trailing P/E Ratio: 23.29
  • Foreward P/E Ratio: 15.76
  • P/E Growth: 0.90
Sales & Book Value:
  • Annual Revenue: $1.8 billion
  • Price / Sales: 0.73
  • Book Value: $27.20 per share
  • Price / Book: 1.43
Dividend:
  • Annual Dividend: $0.30
  • Dividend Yield: 0.8%
Profitability:
  • EBITDA: $134.7 million
  • Net Margins: 3.20%
  • Return on Equity: 5.66%
  • Return on Assets: 3.38%
Debt:
  • Debt-to-Equity Ratio: 0.20%
  • Current Ratio: 2.90%
  • Quick Ratio: 1.38%
Misc:
  • Average Volume: 195,972 shs.
  • Beta: 1.37
  • Short Ratio: 5.83
 

Frequently Asked Questions for AAR Corp. (NYSE:AIR)

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, October 11th. Stockholders of record on Monday, October 23rd will be paid a dividend of $0.075 per share on Friday, November 3rd. This represents a $0.30 dividend on an annualized basis and a dividend yield of 0.77%. The ex-dividend date of this dividend is Friday, October 20th. View AAR Corp.'s Dividend History.

How will AAR Corp.'s stock buyback program work?

AAR Corp. declared that its board has initiated a stock repurchase plan on Wednesday, July 12th 2017, which permits the company to buyback $250,000,000.00 in shares, according to EventVestor. This buyback authorization permits the company to purchase up to 20.2% of its stock through open market purchases. Stock buyback plans are often a sign that the company's management believes its stock is undervalued.

How were AAR Corp.'s earnings last quarter?

AAR Corp. (NYSE:AIR) posted its earnings results on Tuesday, September, 19th. The company reported $0.31 earnings per share for the quarter, meeting analysts' consensus estimates of $0.31. The firm earned $439.20 million during the quarter, compared to analyst estimates of $410.52 million. AAR Corp. had a net margin of 3.20% and a return on equity of 5.66%. The firm's revenue for the quarter was up 8.5% on a year-over-year basis. During the same period in the prior year, the firm earned $0.29 EPS. View AAR Corp.'s Earnings History.

When will AAR Corp. make its next earnings announcement?

AAR Corp. is scheduled to release their next quarterly earnings announcement on Wednesday, December, 20th 2017. View Earnings Estimates for AAR Corp..

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

6 equities research analysts have issued 12 month target prices for AAR Corp.'s shares. Their predictions range from $38.00 to $74.00. On average, they expect AAR Corp.'s stock price to reach $45.67 in the next year. View Analyst Ratings for AAR Corp..

What are analysts saying about AAR Corp. stock?

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

  • 1. According to Zacks Investment Research, "AAR Corp.’s first-quarter fiscal 2018 earnings were in line with the Zacks Consensus Estimate, while revenues surpassed the consensus. The company is the largest independent maintenance, repair and overhaul (MRO) provider in North America. Moving ahead, rising air traffic is expected to accelerate maintenance spending on aircraft significantly and drive MRO services growth cycle. Moreover, buoyed by its strong capital deployment activities, AAR Corp.’s share price outperformed the broader industry. However, the company operates in a highly competitive space and is subject to stringent government regulations. Any negative revision in the defense budget candampen its top line.  Again, a comparative analysis of the company’s P/E ratio reflects a relatively gloomy picture that might be a cause for investors." (9/22/2017)
  • 2. 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)

Who are some of AAR Corp.'s key competitors?

Who are AAR Corp.'s key executives?

AAR Corp.'s management team includes the folowing people:

  • David P. Storch, Chairman of the Board, Chief Executive Officer
  • John M. Holmes, President, Chief Operating Officer, Director
  • Timothy J. Romenesko, Vice Chairman of the Board, Chief Financial Officer
  • Michael D. Milligan, Chief Financial Officer, Vice President
  • Eric S. Pachapa, Chief Accounting Officer, Vice President, Controller
  • Robert J. Regan, Vice President, General Counsel, Secretary
  • Ronald R. Fogleman, Lead Independent Director
  • Anthony K. Anderson, Independent Director
  • Norman R. Bobins, Independent Director
  • Michael Ross Boyce, Independent Director

Who owns AAR Corp. stock?

AAR Corp.'s stock is owned by many different of retail and institutional investors. Top institutional investors include Fisher Asset Management LLC (3.11%). Company insiders that own AAR Corp. stock include Anthony Anderson, John Mcclain Holmes III, Peter Pace, Robert J Regan, Ronald B Woodard and Timothy J Romenesko. View Institutional Ownership Trends for AAR Corp..

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 Fisher Asset Management LLC. Company insiders that have sold AAR Corp. stock in the last year include Anthony Anderson, John Mcclain Holmes III, Robert J Regan, Ronald B Woodard and Timothy J Romenesko. View Insider Buying and Selling for AAR Corp..

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.

What is AAR Corp.'s stock price today?

One share of AAR Corp. stock can currently be purchased for approximately $38.76.


MarketBeat Community Rating for AAR Corp. (NYSE AIR)
Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  122 (Vote Outperform)
Underperform Votes:  146 (Vote Underperform)
Total Votes:  268
MarketBeat's community ratings are surveys of what our community members think about AAR Corp. and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for AAR Corp. (NYSE:AIR) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 2 Hold Ratings, 4 Buy Ratings
Consensus Rating:Buy (Score: 2.67)
Consensus Price Target: $45.67 (17.82% upside)
Consensus Price Target History for AAR Corp. (NYSE:AIR)
Price Target History for AAR Corp. (NYSE:AIR)
Analysts' Ratings History for AAR Corp. (NYSE:AIR)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
10/13/2017Canaccord GenuityReiterated RatingHold$40.00N/AView Rating Details
9/12/2017Seaport Global SecuritiesInitiated CoverageNeutral -> Neutral$39.00LowView Rating Details
8/11/2017Noble FinancialReiterated RatingBuyLowView Rating Details
1/19/2017SunTrust Banks, Inc.Initiated CoverageBuy$38.00N/AView Rating Details
12/2/2016Credit Suisse GroupReiterated RatingBuy$74.00N/AView Rating Details
10/25/2016GabelliInitiated CoverageBuy$43.00N/AView Rating Details
(Data available from 10/23/2015 forward)

Earnings

Earnings History for AAR Corp. (NYSE:AIR)
Earnings by Quarter for AAR Corp. (NYSE:AIR)
Earnings History by Quarter for AAR Corp. (NYSE AIR)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
12/19/2017$0.37N/AView Earnings Details
9/19/20178/31/2017$0.31$0.31$410.52 million$439.20 millionViewN/AView Earnings Details
7/11/20175/31/2017$0.43$0.44$486.93 million$492.30 millionViewN/AView Earnings Details
3/21/2017Q3 2017$0.36$0.38$421.60 million$446.70 millionViewN/AView Earnings Details
12/21/2016Q217$0.35$0.35$423.80 millionViewN/AView Earnings Details
9/22/2016Q117$0.26$0.29$400.00 million$404.80 millionViewN/AView Earnings Details
7/12/2016Q416$0.47$0.32$458.50 million$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$414.25 million$377.80 millionViewN/AView Earnings Details
7/13/2015Q415$0.22($0.97)$389.95 million$415.80 millionViewN/AView Earnings Details
4/15/2015$0.41($1.09)ViewN/AView Earnings Details
3/30/2015Q315$0.41$0.94$509.79 million$380.10 millionViewN/AView Earnings Details
12/18/2014Q215$0.37$0.38$485.30 million$540.70 millionViewN/AView Earnings Details
9/23/2014Q115$0.38$0.36$495.60 million$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)
2017 EPS Consensus Estimate: $1.46
2018 EPS Consensus Estimate: $1.88
2019 EPS Consensus Estimate: $2.53
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
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$0.43$0.47$0.45
Q1 20182$0.30$0.35$0.33
Q2 20182$0.38$0.40$0.39
Q3 20182$0.48$0.53$0.51
Q4 20182$0.61$0.71$0.66
Q1 20192$0.48$0.52$0.50
Q2 20192$0.53$0.60$0.57
Q3 20192$0.59$0.75$0.67
Q4 20192$0.68$0.91$0.80
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for AAR Corp. (NYSE:AIR)
Next Dividend:11/3/2017
Annual Dividend:$0.30
Dividend Yield:0.77%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:17.86% (Trailing 12 Months of Earnings)
16.57% (Based on This Year's Estimates)
12.20% (Based on Next Year's Estimates)
Dividend Payments by Quarter for AAR Corp. (NYSE:AIR)

Dividend History by Quarter for AAR Corp. (NYSE AIR)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
10/11/2017quarterly$0.080.78%10/20/201710/23/201711/3/2017
7/10/2017quarterly$0.080.81%7/19/20177/21/20178/2/2017
4/18/2017quarterly$0.080.88%4/27/20175/1/20175/12/2017
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 and Institutional Ownership History for AAR Corp. (NYSE:AIR)
Insider Ownership Percentage: 9.33%
Institutional Ownership Percentage: 87.44%
Insider Trades by Quarter for AAR Corp. (NYSE:AIR)
Institutional Ownership by Quarter for AAR Corp. (NYSE:AIR)
Insider Trades by Quarter for AAR Corp. (NYSE:AIR)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
7/25/2017Robert J ReganVPSell28,640$36.53$1,046,219.20View SEC Filing  
7/17/2017Timothy J RomeneskoVice ChairmanSell43,200$37.28$1,610,496.00View SEC Filing  
7/13/2017Ronald B WoodardDirectorSell20,000$37.22$744,400.00View SEC Filing  
5/16/2017Anthony AndersonDirectorSell3,500$35.21$123,235.00View SEC Filing  
4/3/2017John Mcclain Holmes IIIVPSell5,000$34.10$170,500.00View SEC Filing  
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

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AAR Corp. (AIR) Chart for Monday, October, 23, 2017

This page was last updated on 10/23/2017 by MarketBeat.com Staff

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