Media stories about AAR (NYSE:AIR) have trended somewhat positive recently, according to Accern Sentiment Analysis. The research firm identifies positive and negative press coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. AAR earned a news sentiment score of 0.21 on Accern’s scale. Accern also gave news coverage about the aerospace company an impact score of 45.8265618639428 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
Shares of AAR (NYSE AIR) opened at $42.50 on Monday. The stock has a market capitalization of $1,476.00, a PE ratio of 63.43 and a beta of 1.36. The company has a debt-to-equity ratio of 0.24, a current ratio of 2.65 and a quick ratio of 1.23. AAR has a one year low of $31.97 and a one year high of $44.04.
AAR (NYSE:AIR) last announced its quarterly earnings data on Thursday, December 21st. The aerospace company reported $0.35 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.37 by ($0.02). The business had revenue of $449.70 million during the quarter, compared to analysts’ expectations of $450.56 million. AAR had a return on equity of 5.61% and a net margin of 1.25%. The firm’s revenue was up 6.1% on a year-over-year basis. During the same period in the prior year, the company posted $0.35 earnings per share. analysts predict that AAR will post 1.86 earnings per share for the current year.
The firm also recently disclosed a quarterly dividend, which was paid on Monday, February 5th. Investors of record on Monday, January 22nd were paid a $0.075 dividend. This represents a $0.30 annualized dividend and a yield of 0.71%. The ex-dividend date of this dividend was Friday, January 19th. AAR’s dividend payout ratio is currently 44.78%.
A number of research firms recently weighed in on AIR. TheStreet lowered AAR from a “b” rating to a “c+” rating in a research report on Thursday, December 21st. Canaccord Genuity upgraded AAR from a “hold” rating to a “buy” rating and increased their price target for the company from $42.00 to $46.00 in a research report on Thursday, February 8th. Noble Financial reiterated a “buy” rating on shares of AAR in a research report on Friday, December 22nd. Seaport Global Securities upgraded AAR from a “neutral” rating to a “buy” rating and increased their price target for the company from $39.00 to $50.00 in a research report on Tuesday, January 16th. Finally, Credit Suisse Group upgraded AAR from a “neutral” rating to an “outperform” rating in a research report on Friday, January 12th. One investment analyst has rated the stock with a sell rating, one has given a hold rating and five have assigned a buy rating to the company. The stock has a consensus rating of “Buy” and an average target price of $46.50.
In related news, CEO David P. Storch sold 126,679 shares of the stock in a transaction dated Tuesday, January 16th. The stock was sold at an average price of $41.53, for a total value of $5,260,978.87. Following the completion of the sale, the chief executive officer now directly owns 759,639 shares of the company’s stock, valued at approximately $31,547,807.67. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Ronald R. Fogleman sold 3,000 shares of the stock in a transaction dated 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 directly owns 23,406 shares of the company’s stock, valued at $783,398.82. The disclosure for this sale can be found here. 9.33% of the stock is currently owned by corporate insiders.
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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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