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

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$37.88 +0.64 (+1.72 %)
(As of 02/15/2019 04:00 PM ET)
Previous Close$37.24
Today's Range$37.39 - $37.90
52-Week Range$33.94 - $51.52
Volume130,300 shs
Average Volume258,806 shs
Market Capitalization$1.33 billion
P/E Ratio21.16
Dividend Yield0.81%
Beta1.07
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
Phone630-227-2000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.75 billion
Cash Flow$3.0328 per share
Book Value$26.95 per share

Profitability

Net Income$15.60 million

Miscellaneous

Employees5,000
Market Cap$1.33 billion
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 declared a quarterly dividend on Wednesday, January 16th. Stockholders of record on Monday, January 28th will be paid a dividend of $0.075 per share on Friday, February 8th. This represents a $0.30 dividend on an annualized basis and a dividend yield of 0.79%. The ex-dividend date of this dividend is Friday, January 25th. View AAR's Dividend History.

How will AAR's stock buyback program work?

AAR announced that its board has approved a share buyback program on Wednesday, July 12th 2017, which permits the company to buyback $250,000,000.00 in outstanding 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 programs are generally a sign that the company's leadership believes its stock is undervalued.

How were AAR's earnings last quarter?

AAR Corp. (NYSE:AIR) issued its quarterly earnings results on Tuesday, December, 18th. The aerospace company reported $0.59 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.57 by $0.02. The aerospace company earned $493.30 million during the quarter, compared to the consensus estimate of $502.10 million. AAR had a return on equity of 8.15% and a net margin of 2.63%. View AAR's Earnings History.

When is AAR's next earnings date?

AAR is scheduled to release their next quarterly earnings announcement on Tuesday, March 19th 2019. View Earnings Estimates for AAR.

What price target have analysts set for AIR?

5 equities research analysts 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 share price to reach $53.40 in the next year. This suggests a possible upside of 41.0% 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. is exposed to currency fluctuation risks due to its geographically expanded client base and operations beyond the U.S.  AAR Corp. operates in a space that is highly competitive, and consists of both big and small industry players. Moreover, AAR Corp. is subject to government regulations and may need to incur significant expenses to comply with new or more stringent laws. Certain of AAR Cop.’s airline customers have in the past been impacted by tight credit markets, which limited their ability to buy parts, services, engines, and aircraft. It's shares also underperformed its industry in past one year. However, the company expects its supply chain to witness strong growth with continued demand in MRO businesses." (11/27/2018)
  • 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 stories about AIR stock have trended somewhat positive this week, according to InfoTrie Sentiment. InfoTrie identifies negative and positive news coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. AAR earned a daily sentiment score of 1.2 on InfoTrie's scale. They also gave media headlines about the aerospace company a news buzz of 2.0 out of 10, indicating that recent news coverage is very unlikely to have an impact on the stock's share price in the next several days.

Who are some of AAR's key competitors?

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 variety of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (17.55%), Dimensional Fund Advisors LP (8.42%), Northern Trust Corp (3.61%), Vaughan Nelson Investment Management L.P. (3.47%), Fisher Asset Management LLC (2.94%) and GW&K Investment Management LLC (2.27%). Company insiders that own AAR stock include Anthony Anderson, David P Storch, Eric Pachapa, John Mcclain Holmes III, 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 Two Sigma Investments LP, Natixis Advisors L.P., GW&K Investment Management LLC, Bank of New York Mellon Corp, Two Sigma Advisers LP, California Public Employees Retirement System, MetLife Investment Advisors LLC and New York State Common Retirement Fund. Company insiders that have sold AAR company stock in the last year include Anthony Anderson, David P Storch, Eric Pachapa, Peter Pace, Robert J Regan and Ronald B Woodard. View Insider Buying and Selling for AAR.

Which major investors are buying AAR stock?

AIR stock was purchased by a variety of institutional investors in the last quarter, including Peregrine Capital Management LLC, BlackRock Inc., Beach Point Capital Management LP, Mondrian Investment Partners LTD, Gamco Investors INC. ET AL, Geode Capital Management LLC, Mairs & Power INC and Fisher Asset Management LLC. 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 $37.88.

How big of a company is AAR?

AAR has a market capitalization of $1.33 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:  225 (Vote Outperform)
Underperform Votes:  286 (Vote Underperform)
Total Votes:  511
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 2/16/2019 by MarketBeat.com Staff

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