NYSE:WAIR - Wesco Aircraft Stock Price, Forecast & News

Wesco Aircraft trades on the New York Stock Exchange (NYSE) under the ticker symbol "WAIR."

Wesco Aircraft Holdings Inc (NYSE:WAIR) released its quarterly earnings results on Monday, November, 25th. The aerospace company reported $0.11 EPS for the quarter, missing analysts' consensus estimates of $0.23 by $0.12. The aerospace company had revenue of $432.29 million for the quarter, compared to the consensus estimate of $444.13 million. Wesco Aircraft had a return on equity of 10.27% and a net margin of 1.26%. View Wesco Aircraft's Earnings History.

Wesco Aircraft is scheduled to release their next quarterly earnings announcement on Thursday, January 30th 2020. View Earnings Estimates for Wesco Aircraft.

Wesco Aircraft updated its FY 2019 earnings guidance on Monday, October, 21st. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $1.685-1.695 billion, compared to the consensus revenue estimate of $1.7 billion.

2 equities research analysts have issued 12 month price objectives for Wesco Aircraft's shares. Their forecasts range from $11.05 to $11.50. On average, they expect Wesco Aircraft's stock price to reach $11.28 in the next year. This suggests a possible upside of 2.6% from the stock's current price. View Analyst Price Targets for Wesco Aircraft.

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Wesco Aircraft in the last year. There are currently 2 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Wesco Aircraft.

News headlines about WAIR stock have trended somewhat positive recently, according to InfoTrie. InfoTrie identifies positive and negative press coverage by monitoring more than six thousand news and blog 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. Wesco Aircraft earned a media sentiment score of 1.3 on InfoTrie's scale. They also assigned media headlines about the aerospace company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the stock's share price in the near future. View News Stories for Wesco Aircraft.

Wesco Aircraft saw a drop in short interest during the month of November. As of November 15th, there was short interest totalling 672,800 shares, a drop of 11.5% from the October 31st total of 760,200 shares. Based on an average daily trading volume, of 917,100 shares, the short-interest ratio is currently 0.7 days. Approximately 1.0% of the shares of the stock are sold short. View Wesco Aircraft's Current Options Chain.

Some companies that are related to Wesco Aircraft include Aerojet Rocketdyne (AJRD), Embraer (ERJ), Moog (MOG.B), Moog (MOG.A), Kratos Defense & Security Solutions (KTOS), AAR (AIR), AeroVironment (AVAV), Triumph Group (TGI), Astronics (ATRO), Astronics (ATROB), Ducommun (DCO), Park Electrochemical (PKE), RADA Electronic Ind. (RADA), Arotech (ARTX) and Innovative Solutions & Support (ISSC).

Based on aggregate information from My MarketBeat watchlists, some companies that other Wesco Aircraft investors own include Intelsat (I), Fossil Group (FOSL), Associated British Foods (ABF), Chaarat Gold (CGH), AMC Entertainment (AMC), Bank of America (BAC), First Data (FDC), Ciena (CIEN), tronc (TRNC) and Apollo Global Management (APO).

Wesco Aircraft's stock is owned by a number of of retail and institutional investors. Top institutional investors include State Street Corp (2.86%), Gabelli Funds LLC (1.46%), GABELLI & Co INVESTMENT ADVISERS INC. (1.17%), Engine Capital Management LP (0.44%), Dupont Capital Management Corp (0.31%) and SG Americas Securities LLC (0.28%). Company insiders that own Wesco Aircraft stock include Declan O Grant and Makaira Partners Llc. View Institutional Ownership Trends for Wesco Aircraft.

WAIR stock was sold by a variety of institutional investors in the last quarter, including Millennium Management LLC, Monarch Partners Asset Management LLC, Squarepoint Ops LLC, Russell Investments Group Ltd., CNA Financial Corp, Metropolitan Life Insurance Co NY and Oppenheimer Asset Management Inc.. View Insider Buying and Selling for Wesco Aircraft.

WAIR stock was purchased by a variety of institutional investors in the last quarter, including Gabelli Funds LLC, GABELLI & Co INVESTMENT ADVISERS INC., State Street Corp, Dupont Capital Management Corp, Syquant Capital Sas, SG Americas Securities LLC, Barclays PLC and State of New Jersey Common Pension Fund D. Company insiders that have bought Wesco Aircraft stock in the last two years include Declan O Grant and Makaira Partners Llc. View Insider Buying and Selling for Wesco Aircraft.

Shares of WAIR 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, Robinhood, Fidelity and Charles Schwab.

One share of WAIR stock can currently be purchased for approximately $10.99.

Wesco Aircraft has a market capitalization of $1.10 billion and generates $1.70 billion in revenue each year. The aerospace company earns $21.37 million in net income (profit) each year or $0.73 on an earnings per share basis. Wesco Aircraft employs 3,302 workers across the globe.View Additional Information About Wesco Aircraft.

The official website for Wesco Aircraft is http://www.wescoair.com/.

Wesco Aircraft's mailing address is 24911 AVENUE STANFORD, VALENCIA CA, 91355. The aerospace company can be reached via phone at 661-775-7200 or via email at [email protected]