AAR (AIR) Stock Forecast, Price & News

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for AAR in the last year. There are currently 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" AIR shares.
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3 analysts have issued twelve-month price targets for AAR's shares. Their AIR share price forecasts range from $55.00 to $60.00. On average, they anticipate the company's share price to reach $57.67 in the next twelve months. This suggests a possible upside of 11.6% 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 shares have increased by 15.1% and is now trading at $51.69.
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AAR saw a decline in short interest in May. As of May 15th, there was short interest totaling 744,600 shares, a decline of 6.5% from the April 30th total of 796,600 shares. Based on an average trading volume of 184,900 shares, the days-to-cover ratio is presently 4.0 days. Currently, 2.3% of the shares of the company are sold short.
View AAR's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, July 20th 2023.
View our AIR earnings forecast.

AAR Corp. (NYSE:AIR) posted its earnings results on Tuesday, March, 21st. The aerospace company reported $0.75 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.68 by $0.07. The aerospace company earned $521.10 million during the quarter, compared to the consensus estimate of $487.41 million. AAR had a net margin of 4.75% and a trailing twelve-month return on equity of 9.46%. The company's revenue was up 15.2% on a year-over-year basis. During the same quarter last year, the company posted $0.63 earnings per share.

ETFs with the largest weight of AAR (NYSE:AIR) stock in their portfolio include AdvisorShares Drone Technology ETF (UAV), SPDR S&P Aerospace & Defense ETF (XAR), ARK Space Exploration & Innovation ETF (ARKX), Invesco S&P SmallCap Industrials ETF (PSCI), Qraft AI-Enhanced Next Value ETF (NVQ), First Trust Indxx Aerospace & Defense ETF (MISL), First Trust Small Cap Growth AlphaDEX Fund (FYC) and Invesco S&P SmallCap Momentum ETF (XSMO).

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 investors include BlackRock Inc. (17.23%), Dimensional Fund Advisors LP (8.24%), State Street Corp (5.19%), Rubric Capital Management LP (4.22%), Victory Capital Management Inc. (2.81%) and Franklin Resources Inc. (2.63%). Insiders that own company stock include Anthony Anderson, Christopher A Jessup, David P Storch, Eric Pachapa, H John Gilbertson Jr, Jennifer L Vogel, Jessica A Garascia, 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 $51.69.

AAR (NYSE:AIR) has a market capitalization of $1.79 billion and generates $1.82 billion in revenue each year. The aerospace company earns $78.70 million in net income (profit) each year or $2.55 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.