AAR CORP. provides products and services to commercial aviation, government, and defense markets worldwide. The company's 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 (DoD) 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; repairs and overhauls landing gears, wheels, and brakes; and sells and leases used commercial aircraft. The company's Expeditionary Services segment provides products and services supporting the movement of equipment and personnel by the U.S. DoD, foreign governments, and non-governmental organizations. Its expeditionary airlift services offer fixed- and rotary-wing flight operations, such as search and rescue operations, and transporting personnel and cargo. 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. The company primarily markets and sells products and services through its employees and foreign sales representatives. As of May 31, 2017, its portfolio consisted of two aircraft owned through joint ventures. AAR CORP. was founded in 1951 and is headquartered in Wood Dale, Illinois.
Industry, Sector and Symbol
Industry Aircraft & parts
Sub-IndustryAerospace & Defense
SectorAerospace
SymbolNYSE:AIR
CUSIP00036110
Phone630-227-2000
Debt
Debt-to-Equity Ratio0.21
Current Ratio2.86
Quick Ratio1.41
Price-To-Earnings
Trailing P/E Ratio32.61
Forward P/E Ratio28.02
P/E GrowthN/A
Sales & Book Value
Annual Sales$1.77 billion
Price / Sales0.93
Cash Flow$3.5370 per share
Price / Cash13.39
Book Value$26.63 per share
Price / Book1.78
Profitability
EPS (Most Recent Fiscal Year)$1.45
Net Income$56.50 million
Net Margins1.34%
Return on Equity6.02%
Return on Assets3.62%
Miscellaneous
Employees4,600
Outstanding Shares34,730,000
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 Tuesday, April 17th. Shareholders of record on Tuesday, May 1st will be paid a dividend of $0.075 per share on Wednesday, May 16th. This represents a $0.30 dividend on an annualized basis and a yield of 0.63%. The ex-dividend date is Monday, April 30th. View AAR's Dividend History.
How will AAR's stock buyback program work?
AAR announced that its board has authorized a stock buyback program on Wednesday, July 12th 2017, which allows the company to repurchase $250,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to repurchase up to 20.2% of its stock through open market purchases. Stock repurchase programs are generally a sign that the company's board believes its shares are undervalued.
How were AAR's earnings last quarter?
AAR Corp. (NYSE:AIR) posted its quarterly earnings data on Tuesday, March, 20th. The aerospace company reported $0.49 EPS for the quarter, beating the consensus estimate of $0.48 by $0.01. The aerospace company earned $456.30 million during the quarter, compared to the consensus estimate of $475.89 million. AAR had a net margin of 1.34% and a return on equity of 6.02%. AAR's revenue for the quarter was up 12.1% compared to the same quarter last year. During the same quarter last year, the firm posted $0.39 earnings per share. View AAR's Earnings History.
When is AAR's next earnings date?
What guidance has AAR issued on next quarter's earnings?
AAR issued an update on its FY19 earnings guidance on Monday, May, 21st. The company provided earnings per share (EPS) guidance of $2.50-2.80 for the period, compared to the Thomson Reuters consensus EPS estimate of $2.73. The company issued revenue guidance of $2.1-2.2 billion, compared to the consensus revenue estimate of $2.15 billion.
What price target have analysts set for AIR?
5 analysts have issued 12-month target prices for AAR's shares. Their predictions range from $46.00 to $51.00. On average, they expect AAR's stock price to reach $49.25 in the next year. View Analyst Ratings for AAR.
Who are some of AAR's key competitors?
Some companies that are related to AAR include Hexcel (HXL), LEONARDO FINMEC/ADR (FINMY), CAE (CAE), Elbit Systems (ESLT), Curtiss-Wright (CW), Embraer (ERJ), COBHAM PLC/ADR (CBHMY), KLX (KLXI), Moog Inc Class B (MOG.B), Moog Inc Class A (MOG.A), Aerojet Rocketdyne (AJRD), Esterline Technologies (ESL), AeroVironment (AVAV), Kratos Defense & Security Solutions (KTOS) and Wesco Aircraft (WAIR).
Who are AAR's key executives?
AAR's management team includes the folowing people:
- Mr. David P. Storch, Chairman & CEO (Age 65)
- Mr. John McClain Holmes III, Pres, COO & Director (Age 41)
- Mr. Eric S. Pachapa, VP, Controller & Chief Accounting Officer (Age 45)
- Mr. Robert J. Regan, VP, Gen. Counsel & Sec. (Age 60)
- Mr. Ira A. Eichner, Founder and Chairman Emeritus (Age 87)
Has AAR been receiving favorable news coverage?
News headlines about AIR stock have trended somewhat positive this week, Accern Sentiment reports. The research group scores the sentiment of news coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. AAR earned a coverage optimism score of 0.13 on Accern's scale. They also assigned news articles about the aerospace company an impact score of 44.39 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company's share price in the near future.
Who are AAR's major shareholders?
AAR's stock is owned by many different of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (15.79%), Franklin Resources Inc. (9.59%), Dimensional Fund Advisors LP (8.45%), Northern Trust Corp (3.67%), Marcato Capital Management LP (3.57%) and Fisher Asset Management LLC (2.89%). Company insiders that own AAR stock include Anthony Anderson, David P Storch, 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 institutional investors are selling AAR stock?
AIR stock was sold by a variety of institutional investors in the last quarter, including Heartland Advisors Inc., Rubric Capital Management LP, JPMorgan Chase & Co., Foundry Partners LLC, Marcato Capital Management LP, Beach Point Capital Management LP, BNP Paribas Arbitrage SA and Rothschild Asset Management Inc.. Company insiders that have sold AAR company stock in the last year include Anthony Anderson, David P Storch, Peter Pace, Robert J Regan, Ronald B Woodard, Ronald R Fogleman and Timothy J Romenesko. View Insider Buying and Selling for AAR.
Which institutional investors are buying AAR stock?
AIR stock was purchased by a variety of institutional investors in the last quarter, including Franklin Resources Inc., GW&K Investment Management LLC, Ceredex Value Advisors LLC, Allianz Asset Management GmbH, Allianz Asset Management GmbH, Vaughan Nelson Investment Management L.P., BlackRock Inc. and Prudential Financial Inc.. 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 $47.36.
How big of a company is AAR?
AAR has a market capitalization of $1.64 billion and generates $1.77 billion in revenue each year. The aerospace company earns $56.50 million in net income (profit) each year or $1.45 on an earnings per share basis. AAR employs 4,600 workers across the globe.
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 (AIR)
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.
