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: Aerospace/Defense Products & Services
  • Sub-Industry: Aerospace & Defense
  • Symbol: NYSE:AIR
  • CUSIP: 00036110
  • Web: www.aarcorp.com
  • Market Cap: $1.17 billion
  • Outstanding Shares: 33,700,000
Average Prices:
  • 50 Day Moving Avg: $34.62
  • 200 Day Moving Avg: $34.45
  • 52 Week Range: $21.78 - $38.75
  • Trailing P/E Ratio: 25.28
  • Foreward P/E Ratio: 18.71
  • P/E Growth: 1.28
Sales & Book Value:
  • Annual Revenue: $1.71 billion
  • Price / Sales: 0.68
  • Book Value: $26.28 per share
  • Price / Book: 1.32
  • Annual Dividend: $0.30
  • Dividend Yield: 0.9%
  • EBIDTA: $130.8 million
  • Net Margins: 2.27%
  • Return on Equity: 4.88%
  • Return on Assets: 2.87%
  • Debt-to-Equity Ratio: 0.18%
  • Current Ratio: 2.57%
  • Quick Ratio: 1.26%
  • Average Volume: 159,641 shs.
  • Beta: 1.53
  • Short Ratio: 6.27

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 Tuesday, April 18th. Stockholders of record on Monday, May 1st will be paid a dividend of $0.075 per share on Friday, May 12th. This represents a $0.30 annualized dividend and a dividend yield of 0.87%. The ex-dividend date of this dividend is Thursday, April 27th. View AAR Corp.'s Dividend History.

How were AAR Corp.'s earnings last quarter?

AAR Corp. (NYSE:AIR) released its quarterly earnings data on Tuesday, March, 21st. The company reported $0.38 EPS for the quarter, topping analysts' consensus estimates of $0.36 by $0.02. The firm had revenue of $446.70 million for the quarter, compared to the consensus estimate of $421.60 million. AAR Corp. had a net margin of 2.27% and a return on equity of 4.88%. The company's revenue was up 8.4% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.26 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 Monday, July, 10th 2017. View Earnings Estimates for AAR Corp..

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

4 analysts have issued 12 month target prices for AAR Corp.'s shares. Their forecasts range from $38.00 to $74.00. On average, they anticipate AAR Corp.'s stock price to reach $48.75 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. 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 the MRO services growth cycle. Its share price has outperformed the Zacks categorized Aerospace/Defense Equipment industry price over the last one year. 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." (5/23/2017)
  • 2. Credit Suisse Group AG 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 owns AAR Corp. stock?

AAR Corp.'s stock is owned by many different of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (0.00%), Dimensional Fund Advisors LP (0.00%), Vanguard Group Inc. (0.00%), State Street Corp (3.27%), Fisher Asset Management LLC (3.22%) and JPMorgan Chase & Co. (0.00%). Company insiders that own AAR Corp. stock include Anthony Anderson, John Mcclain Holmes III, Marc Jay Walfish, Michael J Sharp, Peter Pace and Robert J Regan. 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 Morgan Stanley, Cornerstone Capital Management Holdings LLC., Prudential Financial Inc., Spark Investment Management LLC, Deprince Race & Zollo Inc., Goldman Sachs Group Inc., Russell Investments Group Ltd. and LSV Asset Management. Company insiders that have sold AAR Corp. stock in the last year include Anthony Anderson, John Mcclain Holmes III, Peter Pace and Robert J Regan. View Insider Buying and Selling for AAR Corp..

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

AAR Corp.'s stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., Vanguard Group Inc., Columbus Circle Investors, Heartland Advisors Inc., Foundry Partners LLC, UBS Group AG, State Street Corp and Schwab Charles Investment Management Inc.. 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.

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

One share of AAR Corp. stock can currently be purchased for approximately $34.61.

Analyst Ratings

Consensus Ratings for AAR Corp. (NYSE:AIR) (?)
Ratings Breakdown: 4 Buy Ratings
Consensus Rating:Buy (Score: 3.00)
Consensus Price Target: $48.75 (40.86% upside)

Analysts' Ratings History for AAR Corp. (NYSE:AIR)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
4/3/2017Noble FinancialInitiated CoverageBuy$40.00LowView Rating Details
1/19/2017SunTrust Banks, Inc.Initiated CoverageBuy$38.00N/AView Rating Details
12/2/2016Credit Suisse Group AGReiterated RatingBuy$74.00N/AView Rating Details
10/25/2016GabelliInitiated CoverageBuy$43.00N/AView Rating Details
10/15/2015Royal Bank of CanadaReiterated RatingSector Perform€63.00N/AView Rating Details
(Data available from 5/27/2015 forward)


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
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)


Earnings Estimates for AAR Corp. (NYSE:AIR)
2017 EPS Consensus Estimate: $1.46
2018 EPS Consensus Estimate: $1.99
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 20181$0.37$0.37$0.37
Q2 20181$0.42$0.42$0.42
Q3 20181$0.55$0.55$0.55
Q4 20181$0.65$0.65$0.65
(Data provided by Zacks Investment Research)


Current Dividend Information for AAR Corp. (NYSE:AIR)
Most Recent Dividend:5/12/2017
Annual Dividend:$0.30
Dividend Yield:0.87%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:26.79% (Trailing 12 Months of Earnings)
20.55% (Based on This Year's Estimates)
16.22% (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
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for AAR Corp. (NYSE:AIR)
Insider Ownership Percentage: 8.23%
Institutional Ownership Percentage: 87.39%
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
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)


Headline Trends for AAR Corp. (NYSE:AIR)
Latest Headlines for AAR Corp. (NYSE:AIR)
americanbankingnews.com logoAAR Corp. (AIR) Raised to "Buy" at Zacks Investment Research
www.americanbankingnews.com - May 23 at 1:16 PM
americanbankingnews.com logoAAR Corp. (AIR) Given Consensus Rating of "Buy" by Analysts
www.americanbankingnews.com - May 23 at 10:03 AM
finance.yahoo.com logoAAR Corp. – Value Analysis (NYSE:AIR) : May 19, 2017
finance.yahoo.com - May 19 at 3:25 PM
finance.yahoo.com logoAAR Corp. breached its 50 day moving average in a Bearish Manner : AIR-US : May 18, 2017
finance.yahoo.com - May 18 at 12:18 PM
americanbankingnews.com logoAAR Corp. (AIR) Director Anthony Anderson Sells 3,500 Shares
www.americanbankingnews.com - May 17 at 1:23 PM
americanbankingnews.com logoZacks: Brokerages Anticipate AAR Corp. (AIR) Will Announce Quarterly Sales of $485.24 Million
www.americanbankingnews.com - May 17 at 11:18 AM
americanbankingnews.com logo$0.43 Earnings Per Share Expected for AAR Corp. (AIR) This Quarter
www.americanbankingnews.com - May 15 at 12:34 PM
americanbankingnews.com logoAAR Corp. (AIR) Receives Consensus Rating of "Buy" from Brokerages
www.americanbankingnews.com - May 4 at 12:12 AM
americanbankingnews.com logoSomewhat Negative Media Coverage Somewhat Unlikely to Impact AAR Corp. (AIR) Share Price
www.americanbankingnews.com - May 2 at 10:16 AM
finance.yahoo.com logoUber's Air Taxi Plan Sounds Like Something From "The Jetsons," Only Less Realistic
finance.yahoo.com - May 1 at 9:45 AM
americanbankingnews.com logoAAR Corp. (AIR) Given Consensus Recommendation of "Buy" by Brokerages
www.americanbankingnews.com - April 28 at 12:00 PM
americanbankingnews.com logoAAR Corp. (AIR) Receives Media Sentiment Score of 0.09
www.americanbankingnews.com - April 28 at 11:02 AM
finance.yahoo.com logoAAR Corp. : AIR-US: Dividend Analysis : May 01st, 2017 (record date) : By the numbers : April 27, 2017
finance.yahoo.com - April 27 at 3:48 PM
finance.yahoo.com logoWhy China's First Big Commercial Jetliner Won't Fly Much Overseas
finance.yahoo.com - April 26 at 7:21 AM
americanbankingnews.com logoAAR Corp. (AIR) Expected to Post Earnings of $0.43 Per Share
www.americanbankingnews.com - April 24 at 7:32 PM
americanbankingnews.com logoAAR Corp. (AIR) Getting Somewhat Negative Media Coverage, Study Shows
www.americanbankingnews.com - April 23 at 7:50 AM
americanbankingnews.com logoFY2018 EPS Estimates for AAR Corp. Increased by Gabelli (AIR)
www.americanbankingnews.com - April 21 at 5:20 PM
americanbankingnews.com logoGabelli Comments on AAR Corp.'s FY2019 Earnings (AIR)
www.americanbankingnews.com - April 20 at 4:44 PM
finance.yahoo.com logoAAR Elects General Duncan J. McNabb (ret.) to its Board of Directors
finance.yahoo.com - April 20 at 3:29 PM
finance.yahoo.com logoAAR Corp. breached its 50 day moving average in a Bullish Manner : AIR-US : April 20, 2017
finance.yahoo.com - April 20 at 3:29 PM
americanbankingnews.com logoAAR Corp. (AIR) Earning Somewhat Positive Media Coverage, Study Shows
www.americanbankingnews.com - April 20 at 12:39 PM
finance.yahoo.com logoJohn M. Holmes Promoted to President & Chief Operating Officer of AAR
finance.yahoo.com - April 19 at 6:41 AM
finance.yahoo.com logoAAR Announces Cash Dividend
finance.yahoo.com - April 19 at 6:41 AM
americanbankingnews.com logoAAR Corp. Plans Quarterly Dividend of $0.08 (AIR)
www.americanbankingnews.com - April 18 at 5:40 PM
seekingalpha.com logoAAR Corp. CFO Romenesko to retire
seekingalpha.com - April 18 at 3:23 PM
streetinsider.com logoAAR Corp. (AIR) Elects General Duncan McNabb to Board of Directors
www.streetinsider.com - April 18 at 3:23 PM
prnewswire.com logoAAR CFO Timothy J. Romenesko Announces Plans to Retire After 36 Years of Service
www.prnewswire.com - April 18 at 3:23 PM
americanbankingnews.com logoAAR Corp. (AIR) Earning Very Favorable News Coverage, Report Shows
www.americanbankingnews.com - April 16 at 7:58 AM
americanbankingnews.com logoSomewhat Favorable Media Coverage Likely to Impact AAR Corp. (AIR) Stock Price
www.americanbankingnews.com - April 13 at 1:32 PM
finance.yahoo.com logoAAR Extends Supply Chain Solutions into New Product Line Via Agreement with ASL Aviation Holdings
finance.yahoo.com - April 11 at 8:30 PM
bizjournals.com logoAAR Corp. mulls big expansion in D.C. area
www.bizjournals.com - April 7 at 7:31 AM
finance.yahoo.com logoAAR Corp. breached its 50 day moving average in a Bearish Manner : AIR-US : April 6, 2017
finance.yahoo.com - April 7 at 7:31 AM
finance.yahoo.com logoPratt And Whitney Poised To Become Engine Of Growth For United Technologies
finance.yahoo.com - April 7 at 7:31 AM
finance.yahoo.com logoAAR Appoints Dylan Wolin VP, Strategy & Acquisitions
finance.yahoo.com - April 7 at 7:31 AM
americanbankingnews.com logoAAR Corp. (AIR) Receives Consensus Rating of "Buy" from Analysts
www.americanbankingnews.com - April 6 at 4:45 PM
americanbankingnews.com logoAAR Corp. (AIR) VP John Mcclain Holmes III Sells 5,000 Shares
www.americanbankingnews.com - April 5 at 5:01 PM
prnewswire.com logoNoble Capital Markets Initiates Research Coverage on AAR Corp ... - PR Newswire (press release)
www.prnewswire.com - April 3 at 3:40 PM
finance.yahoo.com logoNoble Capital Markets Initiates Research Coverage on AAR Corp. (AIR)
finance.yahoo.com - April 3 at 3:40 PM
americanbankingnews.com logoNoble Financial Begins Coverage on AAR Corp. (AIR)
www.americanbankingnews.com - April 3 at 12:43 PM
nasdaq.com logoDefense Stock Roundup: Boeing, Lockheed Score Big Wins, AAR Corp. and Others Make a Mark - Nasdaq
www.nasdaq.com - March 31 at 3:33 PM
finance.yahoo.com logoPost Earnings Coverage as AAR's Quarterly EPS Surged 31%; Revenue Gained 8.4%
finance.yahoo.com - March 31 at 3:33 PM
finance.yahoo.com logoDefense Stock Roundup: Boeing, Lockheed Score Big Wins, AAR Corp. and Others Make a Mark
finance.yahoo.com - March 31 at 3:33 PM
nasdaq.com logoAAR Corp (AIR) Unit Secures $909M Contract from Air Force - Nasdaq
www.nasdaq.com - March 29 at 3:34 PM
bizjournals.com logoOut-of-state firm swoops in to hire laid-off North State Aviation employees
www.bizjournals.com - March 28 at 3:26 PM
streetinsider.com logoAAR Corp. (AIR) Secures 15-yr $909M US Air Force Contract for Landing Gear-Based Logistics
www.streetinsider.com - March 27 at 3:35 PM
us.rd.yahoo.com logoAAR Awarded 15-Year $909 Million Landing Gear Contract by USAF
us.rd.yahoo.com - March 27 at 3:35 PM
us.rd.yahoo.com logo11:33 am AAR Corp confirms it was awarded a $909 mln fixed-price contract from the U.S. Air Force for the Landing Gear Performance-Based Logistics One program with work expected to be completed by 2032
us.rd.yahoo.com - March 27 at 3:35 PM
finance.yahoo.com logoAAR CORP Financials
finance.yahoo.com - March 25 at 3:23 PM
reuters.com logoBRIEF-Xerox Corp - CEO Ursula Burns' 2016 total compensation was $14.1 mln vs $10.6 mln in 2015
www.reuters.com - March 24 at 8:59 PM
nytimes.com logoAAR Unit Wins $909.4 Million U.S. Defense Contract: Pentagon
www.nytimes.com - March 24 at 8:59 PM



AAR Corp. (AIR) Chart for Saturday, May, 27, 2017

This page was last updated on 5/27/2017 by MarketBeat.com Staff