NYSE:AIR - AAR Stock Price, News, & Analysis

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$30.69 +0.55 (+1.82 %)
(As of 05/24/2019 01:32 PM ET)
Previous Close$30.14
Today's Range$30.48 - $30.69
52-Week Range$29.93 - $51.52
Volume5,615 shs
Average Volume292,019 shs
Market Capitalization$1.08 billion
P/E Ratio17.05
Dividend Yield0.97%
Beta1
AAR Corp. provides products and services to commercial aviation, government, and defense markets worldwide. The company operates in two segments, Aviation Services and Expeditionary Services. The Aviation Services segment offers aftermarket support and services; inventory management and distribution services; and maintenance, repair, and overhaul, as well as engineering services. This segment also sells and leases new, overhauled, and repaired engine and airframe parts, and components; and provides inventory and repair programs, warranty claim management, and outsourcing programs for engine and airframe parts and components, as well as performance-based logistics programs in support of the U.S. Department of Defense and foreign governments. In addition, it offers airframe inspection, maintenance, repair and overhaul, painting, line maintenance, airframe modification, structural repair, avionic and installation, exterior and interior refurbishment, and engineering and support services; and repairs and overhauls landing gears, wheels, and brakes. The Expeditionary Services segment provides products and services supporting the movement of equipment and personnel by the U.S. and foreign governments, and non-governmental organizations. This segment also designs, manufactures, and repairs transportation pallets, and various containers and shelters, as well as composite materials for commercial, business, and military aircraft; and provides engineering, design, and system integration services for command and control systems. It serves commercial, defense, and governmental aircraft fleet operators; original equipment manufacturers; and independent service providers, as well as various other domestic and foreign military customers. The company primarily markets and sells products and services through its employees and foreign sales representatives. AAR Corp. was founded in 1951 and is headquartered in Wood Dale, Illinois.

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Industry, Sector and Symbol

Industry Aircraft & parts
Sub-IndustryAerospace & Defense
SectorAerospace
CUSIP00036110
CIK1750
Phone630-227-2000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.75 billion
Cash Flow$2.8898 per share
Book Value$26.95 per share

Profitability

Net Income$15.60 million

Miscellaneous

Employees5,000
Market Cap$1.08 billion
Next Earnings Date7/9/2019 (Estimated)
OptionableOptionable

AAR (NYSE:AIR) Frequently Asked Questions

What is AAR's stock symbol?

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

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

AAR announced a quarterly dividend on Tuesday, April 16th. Investors of record on Wednesday, May 1st will be paid a dividend of $0.075 per share on Thursday, May 16th. This represents a $0.30 annualized dividend and a yield of 0.98%. The ex-dividend date is Tuesday, April 30th. View AAR's Dividend History.

How will AAR's stock buyback program work?

AAR declared that its board has approved a share buyback plan on Wednesday, July 12th 2017, which allows the company to buyback $250,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to reacquire up to 20.2% of its shares through open market purchases. Shares buyback plans are generally an indication that the company's board believes its shares are undervalued.

How were AAR's earnings last quarter?

AAR Corp. (NYSE:AIR) issued its quarterly earnings results on Tuesday, March, 19th. The aerospace company reported $0.79 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.69 by $0.10. The aerospace company earned $529.50 million during the quarter, compared to analyst estimates of $539.70 million. AAR had a negative net margin of 0.17% and a positive return on equity of 9.30%. The company's revenue was up 16.0% on a year-over-year basis. During the same period in the prior year, the business posted $0.49 earnings per share. View AAR's Earnings History.

When is AAR's next earnings date?

AAR is scheduled to release their next quarterly earnings announcement on Tuesday, July 9th 2019. View Earnings Estimates for AAR.

What guidance has AAR issued on next quarter's earnings?

AAR issued an update on its FY19 earnings guidance on Tuesday, March, 19th. The company provided EPS guidance of $2.50-2.57 for the period, compared to the Thomson Reuters consensus estimate of $2.64. The company issued revenue guidance of $2.01-2.03 billion, compared to the consensus revenue estimate of $2.06 billion.AAR also updated its FY 2019 guidance to $2.50-2.57 EPS.

What price target have analysts set for AIR?

5 brokers have issued twelve-month price objectives for AAR's stock. Their forecasts range from $47.00 to $58.00. On average, they expect AAR's stock price to reach $52.40 in the next year. This suggests a possible upside of 70.7% from the stock's current price. View Analyst Price Targets for AAR.

What is the consensus analysts' recommendation for AAR?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for AAR in the last year. There are currently 1 hold rating and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for AAR.

What are Wall Street analysts saying about AAR stock?

Here are some recent quotes from research analysts about AAR stock:
  • 1. According to Zacks Investment Research, "AAR Corp. continues to witness strong performance in its parts supply and program activities. The company's strategic investments toward its parts supply activities have enabled it to capitalize on the continued robust parts demand. Further, the company acquired multiple new distributorships that are contributing to its sustained growth. Its Aviation Services segment continues to benefit significantly from its strong position in the growing global aviation market. Going ahead, a favorable trend in comprehensive supply chain and maintenance programs in the commercial, government and defense markets should drive this segment. However, the company has been witnessing labor shortages in its MRO business for quite some time.  The company’s shares have underperformed its industry in the past year." (5/21/2019)
  • 2. Canaccord Genuity analysts commented, "We are adjusting our Q1/19 revenue estimate by ~$40M due to timing issues in the MRO market. Specifically, the delays in new A320 and 737 aircraft deliveries, due largely to delays in new engine deliveries, have resulted in stronger-than-expected demand for the current aircraft fleet. Typically, when airline MRO activity hits its usual seasonal low in the summer, AAR can offset this decline at least partially with one-off visits from lessor-owned aircraft. As a result of the ~125 new aircraft delivery delays, lessors are not taking aircraft in for MRO at the usual rate. This is creating a revenue headwind for AAR in fiscal Q1/19. Management highlighted its Q1/19 outlook at our recent Global Growth Conference." (8/16/2018)

Has AAR been receiving favorable news coverage?

Media headlines about AIR stock have been trending positive on Friday, according to InfoTrie. The research group ranks the sentiment of press coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. AAR earned a media sentiment score of 2.3 on InfoTrie's scale. They also gave headlines about the aerospace company a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the stock's share price in the immediate future.

Who are some of AAR's key competitors?

What other stocks do shareholders of AAR own?

Based on aggregate information from My MarketBeat watchlists, some companies that other AAR investors own include Boeing (BA), Tesla (TSLA), Two Harbors Investment (TWO), Cisco Systems (CSCO), Micron Technology (MU), Northrop Grumman (NOC), Gilead Sciences (GILD), Citigroup (C), ConocoPhillips (COP) and Exxon Mobil (XOM).

Who are AAR's key executives?

AAR's management team includes the folowing people:
  • Mr. John McClain Holmes III, CEO, Pres & Director (Age 42)
  • Mr. Eric S. Pachapa, VP, Controller & Chief Accounting Officer (Age 46)
  • Mr. Robert J. Regan, VP, Gen. Counsel & Sec. (Age 61)
  • Mr. Sean M. Gillen, VP & CFO
  • Mr. Terry D. Stinson, Exec. VP (Age 77)

Who are AAR's major shareholders?

AAR's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (16.12%), Dimensional Fund Advisors LP (8.41%), Northern Trust Corp (3.61%), Beach Point Capital Management LP (1.61%), Loomis Sayles & Co. L P (1.56%) and Geode Capital Management LLC (1.43%). Company insiders that own AAR stock include Anthony Anderson, David P Storch, Eric Pachapa, Peter Pace, Robert J Regan, Ronald B Woodard, Ronald R Fogleman and Timothy J Romenesko. View Institutional Ownership Trends for AAR.

Which major investors are selling AAR stock?

AIR stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., Goldman Sachs Group Inc., Federated Investors Inc. PA, Wells Fargo & Company MN, Man Group plc, SEI Investments Co, Morgan Stanley and SG Americas Securities LLC. Company insiders that have sold AAR company stock in the last year include Anthony Anderson, David P Storch, Eric Pachapa, Robert J Regan and Ronald B Woodard. View Insider Buying and Selling for AAR.

Which major investors are buying AAR stock?

AIR stock was acquired by a variety of institutional investors in the last quarter, including Marshall Wace LLP, Assenagon Asset Management S.A., Tygh Capital Management Inc., Wellington Management Group LLP, Marshall Wace North America L.P., Gamco Investors INC. ET AL, Hsbc Holdings PLC and Beach Point Capital Management LP. View Insider Buying and Selling for AAR.

How do I buy shares of AAR?

Shares of AIR can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is AAR's stock price today?

One share of AIR stock can currently be purchased for approximately $30.69.

How big of a company is AAR?

AAR has a market capitalization of $1.08 billion and generates $1.75 billion in revenue each year. The aerospace company earns $15.60 million in net income (profit) each year or $1.79 on an earnings per share basis. AAR employs 5,000 workers across the globe.

What is AAR's official website?

The official website for AAR is http://www.aarcorp.com/.

How can I contact AAR?

AAR's mailing address is ONE AAR PLACE 1100 N. WOOD DALE ROAD, WOOD DALE IL, 60191. The aerospace company can be reached via phone at 630-227-2000 or via email at [email protected]


MarketBeat Community Rating for AAR (NYSE AIR)

Community Ranking:  2.2 out of 5 (star star)
Outperform Votes:  237 (Vote Outperform)
Underperform Votes:  299 (Vote Underperform)
Total Votes:  536
MarketBeat's community ratings are surveys of what our community members think about AAR and other stocks. Vote "Outperform" if you believe AIR will outperform the S&P 500 over the long term. Vote "Underperform" if you believe AIR will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 5/24/2019 by MarketBeat.com Staff

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