AAR - AIR Stock Forecast, Price & News

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for AAR in the last year. There are currently 2 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.

2 Wall Street research analysts have issued 1 year price targets for AAR's shares. Their AIR share price forecasts range from $52.00 to $57.00. On average, they anticipate the company's share price to reach $54.50 in the next year. This suggests a possible upside of 7.6% from the stock's current price.
View analysts price targets for AIR or view top-rated stocks among Wall Street analysts.

AAR's stock was trading at $44.90 at the start of the year. Since then, AIR stock has increased by 12.8% and is now trading at $50.64.
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AAR saw a increase in short interest during the month of February. As of February 15th, there was short interest totaling 1,120,000 shares, an increase of 5.7% from the January 31st total of 1,060,000 shares. Based on an average daily trading volume, of 210,600 shares, the days-to-cover ratio is currently 5.3 days. Currently, 3.4% of the shares of the company are short sold.
View AAR's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, March 21st 2023.
View our AIR earnings forecast.

AAR will be holding an earnings conference call on Tuesday, March 21st at 4:45 PM Eastern. Interested parties can register for or listen to the call using this link.

AAR Corp. (NYSE:AIR) issued its quarterly earnings results on Tuesday, December, 20th. The aerospace company reported $0.69 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of $0.69. The aerospace company had revenue of $469.80 million for the quarter, compared to analyst estimates of $458.91 million. AAR had a trailing twelve-month return on equity of 9.19% and a net margin of 4.97%.

ETFs with the largest weight of AAR (NYSE:AIR) stock in their portfolio include SPDR S&P Aerospace & Defense ETF (XAR), ARK Space Exploration & Innovation ETF (ARKX), Invesco S&P SmallCap Industrials ETF (PSCI), First Trust Indxx Aerospace & Defense ETF (MISL), First Trust Small Cap Growth AlphaDEX Fund (FYC), Invesco S&P SmallCap Value with Momentum ETF (XSVM), iShares U.S. Aerospace & Defense ETF (ITA) and Invesco Aerospace & Defense ETF (PPA).

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.

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).

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

AAR's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Dimensional Fund Advisors LP (8.25%), Earnest Partners LLC (7.38%), Victory Capital Management Inc. (3.29%), Victory Capital Management Inc. (3.29%), Victory Capital Management Inc. (3.28%) and Franklin Resources Inc. (2.65%). Insiders that own company stock include Anthony Anderson, Christopher A Jessup, David P Storch, Eric Pachapa, H John Gilbertson Jr, John Mcclain Holmes III, Michael Ross Boyce and Sean M Gillen.
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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of AIR stock can currently be purchased for approximately $50.64.

AAR (NYSE:AIR) has a market capitalization of $1.75 billion and generates $1.82 billion in revenue each year. The aerospace company earns $78.70 million in net income (profit) each year or $2.56 on an earnings per share basis.

The company employs 4,500 workers across the globe.

AAR's mailing address is ONE AAR PLACE 1100 N. WOOD DALE ROAD, WOOD DALE IL, 60191. The official website for the company is www.aarcorp.com. The aerospace company can be reached via phone at (630) 227-2000, via email at karen.pepping@aarcorp.com, or via fax at 630-227-2039.