Media coverage about AAR (NYSE:AIR) has been trending somewhat positive this week, according to Accern. Accern identifies negative and positive press coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. AAR earned a news sentiment score of 0.13 on Accern’s scale. Accern also gave news stories about the aerospace company an impact score of 46.5857545336558 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
Here are some of the media headlines that may have effected Accern’s rankings:
- Does AAR Corp’s (NYSE:AIR) PE Ratio Signal A Selling Opportunity? (finance.yahoo.com)
- Bloomberg Markets: Breaking Down Bank Earnings, FaceBook Change (bloomberg.com)
- AAR Corp. (AIR) Expected to Post Quarterly Sales of $487.93 Million (americanbankingnews.com)
- AAR (AIR) Lifted to Outperform at Credit Suisse Group (americanbankingnews.com)
- Brokerages Anticipate AAR Corp. (AIR) to Announce $0.48 EPS (americanbankingnews.com)
Shares of AAR (NYSE:AIR) opened at $41.02 on Wednesday. The company has a quick ratio of 1.23, a current ratio of 2.65 and a debt-to-equity ratio of 0.24. AAR has a 52-week low of $31.23 and a 52-week high of $44.04. The company has a market capitalization of $1,449.26, a P/E ratio of 61.22 and a beta of 1.36.
AAR (NYSE:AIR) last announced its quarterly earnings data on Thursday, December 21st. The aerospace company reported $0.35 EPS for the quarter, missing the Zacks’ consensus estimate of $0.37 by ($0.02). AAR had a return on equity of 5.61% and a net margin of 1.25%. The firm had revenue of $449.70 million during the quarter, compared to the consensus estimate of $450.56 million. During the same quarter in the prior year, the business posted $0.35 EPS. AAR’s revenue was up 6.1% compared to the same quarter last year. sell-side analysts expect that AAR will post 1.85 earnings per share for the current fiscal year.
The company also recently disclosed a quarterly dividend, which will be paid on Monday, February 5th. Shareholders of record on Monday, January 22nd will be given a $0.075 dividend. The ex-dividend date is Friday, January 19th. This represents a $0.30 dividend on an annualized basis and a dividend yield of 0.73%. AAR’s dividend payout ratio is currently 44.78%.
AIR has been the topic of a number of research analyst reports. Zacks Investment Research raised AAR from a “sell” rating to a “hold” rating in a report on Friday, September 22nd. Canaccord Genuity reaffirmed a “hold” rating and issued a $40.00 target price on shares of AAR in a report on Friday, October 13th. SunTrust Banks raised their target price on AAR to $50.00 and gave the company a “buy” rating in a report on Monday, December 4th. Noble Financial reaffirmed a “buy” rating on shares of AAR in a report on Friday, December 22nd. Finally, TheStreet downgraded AAR from a “b” rating to a “c+” rating in a research report on Thursday, December 21st. One analyst has rated the stock with a sell rating, two have issued a hold rating and four have given a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus target price of $45.00.
In other AAR news, Director Ronald R. Fogleman sold 3,000 shares of the firm’s stock in a transaction that occurred on Friday, December 29th. The stock was sold at an average price of $33.47, for a total value of $100,410.00. Following the completion of the sale, the director now owns 23,406 shares in the company, valued at approximately $783,398.82. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 9.33% of the stock is currently owned by company insiders.
AAR Company Profile
AAR CORP. (AAR) is a provider of services and products to the commercial aviation and government and defense markets. The Company operates in two segments: Aviation Services, which consists of supply chain and maintenance, repair and overhaul (MRO) activities, and Expeditionary Services, which includes airlift and mobility activities.
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