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

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$9.69 -0.13 (-1.32 %)
(As of 05/24/2019 04:00 PM ET)
Previous Close$9.69
Today's Range$9.64 - $9.8880
52-Week Range$7.38 - $14.23
Volume315,346 shs
Average Volume615,358 shs
Market Capitalization$966.48 million
P/E Ratio12.92
Dividend YieldN/A
Beta0.59
Wesco Aircraft Holdings, Inc. distributes aerospace products and provides supply chain management services to the aerospace industry in North America and internationally. Its services include distribution, supplier relationships management, quality assurance, kitting, just-in-time delivery, chemical management, third-party logistics or fourth-party logistics program, and point-of-use inventory management. The company supplies approximately 563,000 active stock-keeping units, including hardware, chemicals, electronic components, bearings, tools, and machined parts. Its hardware products comprise blind and panel fasteners, bolts and screws, clamps, hi lok pins and collars, hydraulic fittings, inserts, lockbolts and collars, nuts, rivets, springs, valves, and washers; and chemicals include adhesives, sealants and tapes, lubricants, oil and grease, paints and coatings, industrial gases, coolants and metalworking fluids, and cleaners and cleaning solvents. The company's electronic components include connectors, relays, switches, circuit breakers, lighted products, wires and cables, and interconnect accessories; and bearings consist of airframe control bearings, rod ends, spherical and ball bearings, needle roller bearings, bushings, and precision bearings; and machined parts and tooling comprise brackets, milled parts, shims, stampings, turned parts, welded assemblies, and installation/removal tooling products. It also installs various products that include air and hydraulic tools, as well as drill motors; provides maintenance and repair services for tools; and rents or leases tools. The company serves airline-affiliated and independent maintenance, repair, and overhaul providers; and original equipment manufacturers and their subcontractors, as well as customers in the automotive, energy, health care, industrial, pharmaceutical, and space sectors. Wesco Aircraft Holdings, Inc. was founded in 1953 and is headquartered in Valencia, California.

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Industry, Sector and Symbol

Industry Hardware
Sub-IndustryAirport Services
SectorAerospace
CUSIP95081410
Phone661-775-7200

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.57 billion
Cash Flow$1.0464 per share
Book Value$7.13 per share

Profitability

Net Income$32.65 million

Miscellaneous

Employees3,069
Market Cap$966.48 million
Next Earnings Date8/1/2019 (Estimated)
OptionableOptionable

Wesco Aircraft (NYSE:WAIR) Frequently Asked Questions

What is Wesco Aircraft's stock symbol?

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

How were Wesco Aircraft's earnings last quarter?

Wesco Aircraft Holdings Inc (NYSE:WAIR) released its quarterly earnings results on Thursday, May, 2nd. The aerospace company reported $0.23 earnings per share for the quarter, beating the consensus estimate of $0.20 by $0.03. The aerospace company had revenue of $426.47 million for the quarter, compared to analysts' expectations of $414.99 million. Wesco Aircraft had a return on equity of 11.22% and a net margin of 2.22%. The company's revenue was up 9.3% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.22 EPS. View Wesco Aircraft's Earnings History.

When is Wesco Aircraft's next earnings date?

Wesco Aircraft is scheduled to release their next quarterly earnings announcement on Thursday, August 1st 2019. View Earnings Estimates for Wesco Aircraft.

What price target have analysts set for WAIR?

2 brokerages have issued 12-month price objectives for Wesco Aircraft's stock. Their predictions range from $9.00 to $11.00. On average, they anticipate Wesco Aircraft's share price to reach $10.00 in the next year. This suggests a possible upside of 3.2% from the stock's current price. View Analyst Price Targets for Wesco Aircraft.

What is the consensus analysts' recommendation for Wesco Aircraft?

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

What are Wall Street analysts saying about Wesco Aircraft stock?

Here are some recent quotes from research analysts about Wesco Aircraft stock:
  • 1. According to Zacks Investment Research, "Wesco Aircraft Holdings, Inc. distributes and provides supply chain management services to the global aerospace industry. It offers inventory of aerospace parts, including hardware, bearings, tools, electronic components and machined parts. The Company's services range from traditional distribution to the management of supplier relationships, quality assurance, kitting, just-in-time delivery and point-of-use inventory management. Wesco Aircraft Holdings, Inc. is headquartered in Valencia, California. " (5/11/2019)
  • 2. Cowen Inc analysts commented, "Catasys’ proprietary process to identify members with undiagnosed behavioral/ mental health issues and engage them is starting to gain traction. We believe this timely offering coupled with the rising awareness of mental health issues and health plans’ appetite, positions CATS well in the near future. CATS’ success with identifying, engaging appropriate members and delivering ROI (we estimate 2.8x) has opened the doors at the largest health plans (seven of eight top health plans). Our checks suggest likelihood of expansions across its customer base as they evaluate ROI and meet actuarial hurdles. We believe risk-reward is favorable as the company navigates the pains of scaling its offerings, technology transition and predictability of its numbers, while keeping the competition at bay. Initiating with Outperform, $16PT." (2/13/2019)

Has Wesco Aircraft been receiving favorable news coverage?

Media coverage about WAIR stock has been trending positive this week, according to InfoTrie Sentiment Analysis. The research group ranks the sentiment of press coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Wesco Aircraft earned a news impact score of 3.0 on InfoTrie's scale. They also assigned news headlines about the aerospace company a news buzz of 4.0 out of 10, indicating that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the next few days.

Are investors shorting Wesco Aircraft?

Wesco Aircraft saw a drop in short interest during the month of April. As of April 15th, there was short interest totalling 1,536,910 shares, a drop of 44.9% from the March 29th total of 2,790,933 shares. Based on an average daily volume of 532,706 shares, the short-interest ratio is currently 2.9 days. Currently, 2.4% of the company's shares are short sold. View Wesco Aircraft's Current Options Chain.

Who are some of Wesco Aircraft's key competitors?

What other stocks do shareholders of Wesco Aircraft own?

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), First Data (FDC), Bank of America (BAC), tronc (TRNC), Ciena (CIEN) and Apollo Global Management (APO).

Who are Wesco Aircraft's key executives?

Wesco Aircraft's management team includes the folowing people:
  • Mr. Thomas S. Renehan, CEO & Director (Age 56)
  • Mr. Alex Murray, Pres & COO (Age 50)
  • Mr. Kerry A. Shiba, Exec. VP & CFO (Age 64)
  • Mr. Declan O. Grant, Exec. VP & Chief Commercial Officer (Age 44)
  • Mr. Howard D. Rosen CPA, VP & Corp. Controller (Age 56)

Who are Wesco Aircraft's major shareholders?

Wesco Aircraft's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Frontier Capital Management Co. LLC (6.82%), BlackRock Inc. (6.46%), Dimensional Fund Advisors LP (6.38%), Royce & Associates LP (2.58%), Cove Street Capital LLC (2.53%) and FMR LLC (2.13%). Company insiders that own Wesco Aircraft stock include Declan O Grant, Makaira Partners Llc, Richard Weller, Thomas Bancroft and Todd Renehan. View Institutional Ownership Trends for Wesco Aircraft.

Which major investors are selling Wesco Aircraft stock?

WAIR stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, BlackRock Inc., Royce & Associates LP, Weitz Investment Management Inc., Morgan Stanley, Pzena Investment Management LLC, Charles Schwab Investment Management Inc. and IndexIQ Advisors LLC. View Insider Buying and Selling for Wesco Aircraft.

Which major investors are buying Wesco Aircraft stock?

WAIR stock was purchased by a variety of institutional investors in the last quarter, including Marshall Wace LLP, Private Management Group Inc., Paradigm Capital Management Inc. NY, Frontier Capital Management Co. LLC, Dimensional Fund Advisors LP, Assenagon Asset Management S.A., Goldman Sachs Group Inc. and Rutabaga Capital Management LLC MA. Company insiders that have bought Wesco Aircraft stock in the last two years include Declan O Grant, Makaira Partners Llc, Richard Weller, Thomas Bancroft and Todd Renehan. View Insider Buying and Selling for Wesco Aircraft.

How do I buy shares of 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, Scottrade, Fidelity and Charles Schwab.

What is Wesco Aircraft's stock price today?

One share of WAIR stock can currently be purchased for approximately $9.69.

How big of a company is Wesco Aircraft?

Wesco Aircraft has a market capitalization of $966.48 million and generates $1.57 billion in revenue each year. The aerospace company earns $32.65 million in net income (profit) each year or $0.75 on an earnings per share basis. Wesco Aircraft employs 3,069 workers across the globe.

What is Wesco Aircraft's official website?

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

How can I contact Wesco Aircraft?

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]


MarketBeat Community Rating for Wesco Aircraft (NYSE WAIR)

Community Ranking:  1.8 out of 5 (star)
Outperform Votes:  238 (Vote Outperform)
Underperform Votes:  423 (Vote Underperform)
Total Votes:  661
MarketBeat's community ratings are surveys of what our community members think about Wesco Aircraft and other stocks. Vote "Outperform" if you believe WAIR will outperform the S&P 500 over the long term. Vote "Underperform" if you believe WAIR will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 5/25/2019 by MarketBeat.com Staff

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